Energy Update

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For the past nine years, a Dutch cooperative wind power project in Amsterdam has been stalled by regulations imposed by political opponents. The project was initiated in 2007 by local co-op Onze Energie along with venture partner NDSM Energy and other wind co-ops.  

LONDON, Aug 31 (Reuters) - OPEC's oil output is likely in
August to reach its highest in recent history, a Reuters survey
found on Wednesday, as extra barrels from Saudi Arabia and other
Gulf members make up for losses in Nigeria and Libya.

Listen Up to this week’s Energy Show on Renewable Energy World to learn about the promises and challenges of Building Integrated Photovoltaics.

Today’s topics are SolarCity’s recent earnings call; the future of net-metering and time-of-use rates; and Chile’s record low bid for a 100-MW solar PV power plant.

Solar power recently sold for the lowest price ever, in Chile. The Spanish developer Solarpack Corp. Tecnologica won contracts to sell power from a 120-MW solar plant for $29.10 a MWh at an energy auction this month.

LONDON, Aug 31 (Reuters) - UK shares steadied on Wednesday
as weakness in mining shares outweighed gains by banks, though
the FTSE 100 remained on track to post its third monthly
gain in a row.

* Jio may not earn Reliance money for at least 5 years -
analyst

DUBAI, Aug 31 (Reuters) - Saudi Arabian Energy Minister
Khalid al-Falih said the top crude exporter does not target a
specific figure for its oil production and that its output is
based on customers' needs.

MOSCOW/UFA, Russia, Aug 31 (Reuters) - Russia's decision to
postpone the privatisation of a mid-sized oil company has sent a
message to investors: for all his power, President Vladimir
Putin has failed to stop political infighting getting in the way
of business.

NICOSIA, Aug 31 (Reuters) - Cyprus signed a deal on
Wednesday for the transfer of natural gas via pipeline to Egypt,
once extraction starts of discoveries made off the Mediterranean
island.

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