Energy Update
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).
NAIROBI, Oct 26 (Thomson Reuters Foundation) - Staff of the
International Center of Insect Physiology and Ecology (ICIPE)
don't worry too much about the frequent power outages at their
campuses. A bank of diesel generators ensure that when power
from the national grid goes off, the centre's research into
insects, food and health is not disrupted.
The amount reported as the cost of renewable electricity has nearly reached 7 cents per kWh, almost as much as the lowest retail rates in the U.S. Yet, the main price driver is reportedly “falling wholesale prices.” Sound weird? Maybe it’s time to change the surcharge’s name.
BEIJING, Oct 26 (Reuters) - China's offshore oil and gas
specialist CNOOC Ltd reported on Wednesday a 15.2
percent fall in third-quarter oil and gas sales revenue, hurt by
weaker prices.
SOFIA, Oct 26 (Reuters) - Bulgaria has agreed to pay about
600 million euros ($655 million) in compensation to Russia's
Atomstroyexport for the cancelled Belene nuclear power project,
state energy company NEK said on Wednesday.
MOSCOW, Oct 26 (Reuters) - Russian economy minister Alexei
Ulyukayev said on Wednesday that the privatisation process of
Russian oil giant Rosneft was close to a completion.
Pages
GET IN TOUCH
- 1875 I Street NW, International Square,
Washington, District Of Columbia, 20006 - Phone: +1 (888) 317-3839
- Email: info@mglllc.com
About
Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.