Energy Update
PARIS, Oct 26 (Reuters) - Airbus Group voiced
frustration on Wednesday at a continued ban on Super Puma oil
industry flights in Britain, weeks after European safety
regulators cleared the helicopter to fly again.
Oct 26 (Reuters) - LG Chem Ltd, the world's
largest automotive battery maker, will enter the fledgling U.S.
market for home energy storage through a partnership with
rooftop solar company Sunrun Inc, the companies said on
Wednesday.
OSLO, Oct 26 (Reuters) - Norway's Petroleum Safety Authority
(PSA) said it asked Statoil on Wednesday to investigate
whether a number of recent incidents at the oil producer's
facilities might be related and linked to cost cuts.
LONDON, Oct 26 (Reuters) - As commodity margins flat-line,
the number of traders will shrink as existing trading firms
consolidate and digital rivals emerge, U.S. consultancy Oliver
Wyman said in its annual commodity trading report.
CARACAS, Oct 26 (Reuters) - Opposition supporters headed to
rallies around Venezuela on Wednesday against unpopular
socialist President Nicolas Maduro, whom they accuse of turning
into a dictator by preventing a plebiscite to remove him.
Japan is turning to a small German company to generate power from timber irradiated by the Fukushima Dai-Ichi nuclear meltdowns.
D.E. Shaw & Co., a New York hedge fund that manages about $38 billion, bid to become the operating sponsor of TerraForm Power Inc., a yieldco founded and controlled by bankrupt clean-energy giant SunEdison Inc.
SolarReserve plans its second U.S. dispatchable solar project to be at the gigawatt scale of a nuclear plant. At 2 GW, the Sandstone Energy 10X project will have nearly 20 times the 110-MW capacity of Crescent Dunes; the California firm's first fully dispatchable solar plant, able to deliver solar on demand.
Sweden has introduced a new support system to facilitate the deployment of home energy storage systems. The new scheme, which comes into effect in November, will cover up to 60 percent of system costs, up to a maximum of SEK 50,000 (US$5,600).
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