Energy Update
MINSK, Nov 29 (Reuters) - French Foreign Minister Jean-Marc
Ayrault said on Tuesday that lifting European Union sanctions on
Russia would weaken efforts to resolve the Ukraine crisis and
hand a victory to Moscow.
LONDON, Nov 29 (Thomson Reuters Foundation) - Solar power
is becoming so cheap so fast that in Abu Dhabi it's now less
costly to produce a unit of energy from the sun than from oil,
leading energy experts said this week.
CHERNOBYL, Ukraine Nov 29 (Reuters) - In the middle of a
vast exclusion zone in northern Ukraine, the world's largest
land-based moving structure has been slid over the Chernobyl
nuclear disaster site to prevent deadly radiation spewing from
the stricken reactor for the next 100 years.
Last year, a record-breaking 147 GW of power globally came from renewable sources. If we’re to continue this trend — especially in the light of the COP21 agreement, and recently concluded COP22 — we need to ensure renewable energy is as reliable and accessible as possible.
LAUNCESTON, Australia, Nov 29 (Reuters) - Saudi Arabia's
problems run far deeper than trying to cobble together a deal
with fellow OPEC members to curb crude oil output in order to
bolster prices.
MOSCOW, Nov 29 (Reuters) - Metals and mining group Mechel
on Tuesday reported a third-quarter net loss of 2.8
billion roubles ($43 million) as a surge in the price of its
main product coking coal came too late to bolster its earnings.
BEIJING, Nov 29 (Reuters) - China will spend at least 1.2
trillion yuan ($174 billion) on hydro and wind energy
infrastructure between 2016 and 2020, the National Energy
Administration (NEA) said in blueprint document for the two
industries.
Taiwan Power Company has chosen GE’s Power Conversion business to provide upgrades to two sets of startup frequency converter control systems at its 1,602-MW Mingtan pumped storage plant.
LONDON, Nov 29 (Reuters) - Europe will be able to meet
higher-than-normal electricity demand this winter even if
nuclear safety checks tighten France's power supply further, the
ENTSO-E European power grid lobby said on Tuesday.
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