Energy Update
SINGAPORE, Nov 23 (Reuters) - Oil prices moved little early
on Wednesday with traders reluctant to dive in as uncertainty
loomed over a planned OPEC-led oil production cut, and volumes
low ahead of the U.S. Thanksgiving holiday on Thursday.
LONDON, Nov 22 (Reuters) - If OPEC hopes to speed up the
rebalancing of the oil market by announcing a
production-limiting plan, someone should tell the futures
market.
BOGOTA, Nov 22 (Reuters) - A new peace accord between
Colombia's government and Marxist FARC rebels will be signed on
Thursday and sent to Congress for approval, President Juan
Manuel Santos said on Tuesday, bringing a formal end to the
52-year civil war ever closer.
HOUSTON, Nov 22 (Reuters) - Four people were injured in a
small fire on Tuesday afternoon at ExxonMobil Corp's
refinery and chemical plant complex in Baton Rouge, Louisiana,
the company said on Tuesday.
The Solar Impulse Foundation launched the World Alliance for Clean Technologies during COP22, as a legacy to the first ever solar flight around the world.
Jacobs Engineering Group (Jacobs) has received an amendment from Saudi Aramco for its general engineering services (GES) contract.
E.ON North America on Oct. 31 announced it had broken ground and begun construction of Iron Horse, a 10-MW/10-MWh energy storage facility being built for Tucson Electric Power.
At a recent conference attended by various participants in the power industry, including regulated utilities and independent energy producers, an astute speaker quipped that “energy storage proponents are quickly becoming the cool kids in the room.”
Utilities across the country are embracing community solar, viewing it as an opportunity to retain customers and compete against the burgeoning self-generation rooftop solar PV market by providing a utility-operated 100 percent solar option.
Jenn Runyon, Chief Editor of Renewable Energy World and Paula Mints, Chief Market Research Analyst with SPV Market Research discuss three hot topics in the global solar industry for three minutes each. Today’s topics include the First Solar announcement that it is restructuring, laying off its workforce and canceling its Series 5 module; the finalization of the Tesla buyout of SolarCity and the residential solar market in Japan. Check it out.
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