Energy Update
If wind energy stakeholders needed more proof that offshore wind energy is poised for takeoff in the U.S., they needed only to check in with the Business Network for Offshore Wind’s (BNOW’s) International Partnering Forum last week in Newport, Rhode Island. The forum was filled beyond capacity.
“We had no idea that it would have this demand,” said Liz Burdock, Executive Director of BNOW, adding “I thought at the most we would have 300 people and we are pushing 450.”
MOSCOW, Oct 12 (Reuters) - The Russian government has
completed the sale of a controlling stake in mid-sized oil
producer Bashneft to the Kremlin-owned Rosneft
for 329.69 billion roubles ($5.30 billion), the
economy ministry said on Wednesday.
TORONTO, Oct 12 (Reuters) - Canada's main stock index
modestly advanced in see-saw trading on Wednesday as a rally in
gold mining and other materials stocks offset a drop in energy
companies spurred by falling oil prices.
Oct 12 (Reuters) - Shares of Extraction Oil & Gas Inc
- the first producer to launch a U.S. IPO this year -
rose as much as 19.7 percent in their market debut as crude
prices held above $50 per barrel.
Outsiders could be forgiven for thinking that UK energy policy has abandoned renewables — consider the high-profile commitment to nuclear at Hinkley Point, and the Cameron government’s attack on feed in tariffs. It’s less well known that industry and government alike are taking a hard look at the possibilities for energy storage.
TOKYO, Oct 12 (Reuters) - Japan has protested to China over
signs it is pressing ahead with maritime gas exploration in the
East China Sea despite Tokyo's repeated requests to stop,
Japan's top government spokesman said on Wednesday.
This year’s Clean Energy Live conference reflected the effort of solar PV and energy storage to find common ground in the post subsidy era that the UK market has entered.
The power and energy regulatory environment is in a high state of flux in California amidst increasing integration of distributed renewable energy generation and storage capacity and realizing a statewide goal of 50 percent renewable energy by 2030.
* For other news from Reuters Global Commodities Summit,
click on http://www.reuters.com/summit/commodities16
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