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LG Chem to enter U.S. home battery market with Sunrun deal

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.

UPDATE 1-Norway safety watchdog asks Statoil whether recent incidents related to cost cutting

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.

Commodity traders must go digital or face extinction -report

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.

UPDATE 1-Venezuela opposition protests Maduro 'dictatorship'

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.

Biomass-to-Power System to Use Radioactive Fukushima Wood

Japan is turning to a small German company to generate power from timber irradiated by the Fukushima Dai-Ichi nuclear meltdowns.

D.E. Shaw Bids for SunEdison’s TerraForm Power Yieldco

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 Introduces Gigawatt-Scale Solar Thermal Storage Project for California

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 Set to Launch Residential Energy Storage Scheme

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).

Solar battery power takes up the charge in Kenya

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.

German Renewable Power Surcharge Increases by 8 Percent

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.

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