Energy Update
Over the summer, a unique coalition came together in California to draft a plan to make the state’s clean energy economy more equitable for low-income renters. If state energy officials adopt the coalition’s proposed plan, it will put in place a groundbreaking strategy for providing greater access to clean energy technologies like solar and energy storage, thus improving the economic and energy security of low-income households and disadvantaged communities.
BAHAWALPUR, Pakistan, Sept 19 (Thomson Reuters Foundation) -
An effort to boost large-scale solar energy production in
Pakistan has hit a roadblock after the government cut the rate
it pays for solar electricity, frustrating investors.
PARIS, Sept 19 (Reuters) - French gas and power group Engie
is considering the future of its liquefied natural
gas (LNG) business, which could lead to a reorganisation and
maybe a sale, the firm's CGT union said on Monday.
Sept 19 (Reuters) - TerraForm Global Inc and
TerraForm Power Inc, the "yieldcos" of bankrupt solar
company SunEdion Inc, said on Monday that they were exploring
strategic alternatives, including a sale of their entire
business.
CAIRO, Sept 19 (Reuters) - Egypt expects to privatise two or
three state-owned companies via listings on the stock exchange
in the first year of a privatisation programme, the chief
executive of government-owned NI Capital said on Monday.
LAUNCESTON, Australia, Sept 19 (Reuters) - There is an
almost universal expectation that iron ore prices will start to
retreat soon, reversing some of the 29 percent surge this year
that has seen the steel-making ingredient become one of the
unexpected commodity top performers.
LONDON, Sept 19 (Reuters) - Hedge funds and other large
money managers have raised their weekly bets on rising crude oil
prices, with net long positions in Brent stabilising around
levels seen in mid-August when the market got the first
indications of a possible OPEC output deal.
LONDON, Sept 19 (Reuters) - Hedge funds have built their
largest bullish position in U.S. natural gas for more than two
years amid signs the gas glut is being eroded quickly and the
market could tighten in 2017.
OTTAWA, Sept 19 (Reuters) - Canadian Prime Minister Justin
Trudeau has enjoyed remarkably strong opinion poll numbers since
winning power in last October's election but now faces tough
decisions that could dent his popularity.
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