Energy Update
The planet is warming, dangerously so, and burning more coal will make it worse. President-elect Donald Trump thinks man-made climate change is a hoax, and he's promised to revive the U.S. coal industry by cutting regulation. So renewables are dead in the water, right? Maybe not.
Solar is booming. Every day, we read about bigger, more ambitious solar installations being commissioned, driven by the latest technology in modules, racking and other balance of system components.
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 all focus on Trump and how his administration could make changes to the following: The Investment Tax Credit (ITC), the EPA and Clean Power Plan, and the Paris Agreement. Check it out.
The completed technical feasibility study for the Kidston pumped storage project revealed that 250 MW is the optimal size for this facility in terms of capacity, with six hours of continuous generation.
MOSCOW, Nov 14 (Reuters) - Russian President Vladimir Putin
warned Germany's Chancellor Angela Merkel on Monday of the risk
of Ukraine siphoning off Russian gas destined for Europe, the
Kremlin said.
NEW YORK, Nov 14 (Reuters) - Continental Resources
Chief Executive Harold Hamm is at the top of President-elect
Donald Trump's list to serve as energy secretary, according to
U.S. Representative Kevin Cramer of North Dakota, a Trump energy
adviser who confirmed he is also under consideration for the
job.
MILAN, Nov 14 (Reuters) - European shares surrendered most
of their early gains and ended slightly higher on Monday, with a
slump in bond-proxy sectors following a rally in bond yields
capping gains recorded by financials and miners.
HOUSTON, Nov 14 (Reuters) - North Dakota's Highway Patrol
locked down the state capitol on Monday as more than two dozen
protested the Dakota Access Pipeline nearby, according to local
media.
LONDON, Nov 14 (Reuters) - Britain's top share index closed
higher on Monday following a rally in banking and mining stocks,
although a slump in utilities kept a lid on broader market
gains.
LONDON, Nov 14 (Reuters) - President Barack Obama's
administration has been blamed for the closure of a record
number of coal-fired power plants across and heavy job losses in
the mining industry.
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