Energy Update
There are challenges to living on a remote island - from food scarcity to destructive weather - and the lack of affordable, reliable power is among the greatest. The island of Ta'u in American Samoa, located more than 4,000 miles from the West Coast of the United States, is no stranger to power rationing and outages.
OTTAWA, Nov 29 (Reuters) - Canadian Prime Minister Justin
Trudeau is set to reveal his government's verdict on at least
two major pipeline projects when he makes an announcement at
4:30 p.m. EST (2130 GMT) on Tuesday.
TBILISI, Nov 29 (Reuters) - Georgia plans to sell a 25
percent stake in the state Oil and Gas Corporation (GOGC) on an
international stock exchange in 2017, the finance minister of
the former Soviet republic said on Tuesday.
CANNON BALL, N.D., Nov 29 (Reuters) - North Dakota law
enforcement will begin to block supplies from reaching
protesters at a camp near the construction site of an oil
pipeline project in an effort to force demonstrators to vacate
the area, officials said on Tuesday.
RAS AL-KHAIR, Saudi Arabia, Nov 29 (Reuters) - Saudi
Arabia's King Salman underlined the kingdom's intention to
invest heavily in speeding up is diversification away from oil
exports with the inauguration on Tuesday of a $35 billion mining
and minerals processing complex.
Nov 29 (Reuters) - North Dakota law enforcement will begin
to block supplies from reaching protesters at a camp near the
construction site of an oil pipeline project in an effort to
force demonstrators to vacate the area, officials said on
Tuesday.
NEW YORK, Nov 29 (Reuters) - At least four U.S. agencies are
investigating former officials of a now-bankrupt oil and gas
company once majority owned by troubled hedge fund manager
Platinum Partners, according to a legal filing submitted last
week.
New installed renewable energy capacity surpassed coal for the first time last year, the International Energy Agency reported recently. It means that we added more wind and solar to our global energy system than oil, gas, coal or nuclear power combined — a trend that is expected to continue over the next five years.
Solar power is now more affordable in the U.S. than at any other point in history. Reductions in the cost of solar PV systems, innovative financing options, and high consumer demand have led to unprecedented levels of solar deployment over the last five years.
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