Energy Update

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As Tesla founder Elon Musk promises to change the world, starting with a giant battery factory in the Nevada desert, investors from Toronto to Tokyo are quietly developing the next-generation technologies that may actually get him there.

PARIS, Sept 14 (Reuters) - France's CGT trade union on
Wednesday urged energy sector workers to join a Sept. 15
nationwide strike against labour reforms which the organisation
has said will curb workers rights and make it easier for
companies fire employees.

The Inter-American Development Bank (IDB) last week said that it will provide $103.4 million in financing to enhance geothermal power and transmission capacity in Nicaragua.

Siemens AG is preparing for a surge in German utility-scale energy storage demand to help balance the renewable power onslaught straining the country’s grid.

* EU executive chief proposes to double investments in the
EU

LONDON/PARIS, Sept 14 (Reuters) - Theresa May could announce
as soon as Thursday whether Britain will go ahead with a $24
billion nuclear power project, laying down a marker on energy
policy and her approach to investment from China.

LONDON, Sept 14 (Reuters) - Volatility has always been the
defining characteristic of oil and other commodity markets,
defying repeated attempts to stabilise prices.

* Major shareholders agree to tender shares to ZF

(Adds Knorr may raise offer, according to sources)

ASHGABAT, Sept 14 (Reuters) - Turkmenistan amended its
constitution on Wednesday in a way that will allow President
Kerbanguly Berdymukhamedov to stay in power indefinitely,
following in the footsteps of his predecessor, who ruled the
gas-rich Central Asian nation until his death.

* Adjourns noteholder meeting to Sept 16

(Adds meeting adjourned, industry context and share move)

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