Energy Update
Vattenfall AB won a tender to build two offshore wind farms in the Danish North Sea with a record-breaking bid of 60 euros ($67.33)/MWh.
Since the big push from the U.S. government for investment in renewable energy in 2009, we’ve had the opportunity to see how prices have changed between states that have made large investments in renewable energy, and those that have not.
NEW YORK, Sept 13 (Reuters) - Oil prices fell as much as 3
percent on Tuesday after both the world's consumers and
producers revised forecasts that signalled the global crude
glut persisting for much longer than previously expected.
OSLO, Sept 13 (Reuters) - Italian oil company Eni
acknowledged its staff needed a better grasp of the potential
risks at its Goliat field in Norway's Arctic waters more than a
month before a power failure that halted production.
ROME, Sept 13 (Reuters) - Italy is ready to set up a
military hospital and deploy medics, soldiers and support staff
in Libya at the request of the United Nations-recognised
government in Tripoli, Defence Minister Roberta Pinotti said on
Tuesday.
On Aug. 17, the U.S. Energy Information Administration daily update announced that CO2 emissions from natural gas would soon surpass coal. That’s troubling.
TORONTO, Sept 13 (Reuters) - Canada's main stock index fell
more than 1 percent on Tuesday as slumping oil prices weighed on
energy shares and heavyweight banking and mining stocks also
lost ground.
The U.S. just completed its first offshore wind farm, with 30 megawatts of capacity off the coast of Rhode Island, and has laid out a plan to reach 86,000 megawatts by 2050, almost enough to power the U.K.
MOSCOW, Sept 13 (Reuters) - Russia's Economy Ministry has
submitted to the government its proposals on the privatisation
of a stake in the nation's largest oil producer Rosneft
, Interfax news agency cited a ministry official as
saying on Tuesday.
Sept 13 (Reuters) - Activist investor Carl Icahn, the
third-largest shareholder in Freeport McMoran Inc, said
on Tuesday he endorsed the U.S. miner's efforts to reduce debt
and explore strategic alternatives.
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