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Why Going Local Makes Sense for the Clean Energy Transition

In his commentary, Steve Cicala fell into a common trap for economists analyzing the electricity system. Touting what economics calls competitive advantage, Mr Cicala suggests we pursue the lowest price by taking cheap solar electricity from the Southwest, wind from the Midwest, and even coal from Appalachia, and send it across the country to places where those same electrons can’t be as inexpensively generated.

SE Asia Stocks-Higher on positive China econ data, Wall Street

By Rushil Dutta
Oct 19 (Reuters) - Most Southeast Asian stock markets
extended gains into a second session on Wednesday, in line with
broader Asia, on Chinese economic data that confirmed the
economy had stabilised, even though worries about debt
prevailed.
Sentiment was also buoyed by Wall Street advancing on solid
corporate earnings.
China's economy grew 6.7 percent in the third quarter from a

Reuters Business News Schedule at 0430 GMT/00.30AM ET

China Q3 GDP grows 6.7 pct as expected as construction
booms, debt rises

UPDATE 2-Oil rises on U.S. crude inventory draw, falling Chinese output

* OPEC says it is optimistic about output cut

(Adds China oil data, updates prices)

China Sept coal output falls ahead of Beijing's step to boost supplies

BEIJING, Oct 19 (Reuters) - China's coal output output fell
12.3 percent last month, extending a prolonged period of
government-enforced cuts before Beijing gave the go-ahead for
producers to reopen shuttered capacity amid a surge in prices.

UPDATE 1-Abengoa unit wins U.S. court nod to join restructuring plan

CHICAGO, Oct 18 (Reuters) - A leading bankrupt subsidiary of
Abengoa SA won U.S. court approval on Wednesday to join
a $10 billion debt-restructuring agreement in Spain, a week
before a deadline for the renewable energy firm to secure
creditor support for the plan.

UPDATE 2-BHP says sees early signs of commodity recovery

* Sticks to most FY17 production guidance forecasts

(Recasts, adds analyst comment, details)

Oil rises on reported U.S. crude inventory draw, expected OPEC cut

SINGAPORE, Oct 19 (Reuters) - Oil prices rose early on
Wednesday, pushed up by a report of a fall in U.S. crude
inventories and an OPEC statement saying a planned production
cut was achievable, although analysts warned that Chinese
economic data could erode the bullish momentum.

CNPC's natgas block in Peru likely has 3-4 TCF in reserves -govt

LIMA, Oct 18 (Reuters) - China National Petroleum
Corporation Corp likely has 3-4 trillion cubic feet
of proven natural gas reserves in an energy block it operates in
southern Peru, Peru's president said Tuesday.

Prospex secures approval to drill onshore well in Poland

Prospex Oil and Gas has secured approval from the Ministry of Environment to drill the Boleslaw-1 well in the 1,150km2 Kolo license, onshore Poland.

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