Energy Update

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NEW YORK/SAO PAULO, Aug 4 (Reuters) - U.S. ethanol plants
and traders are rushing to sell biofuel to Brazil as tightening
supplies and logistics in the South American market give the
world's top producer a rare opportunity to ship south during the
peak sugar cane harvest, sources said.

CAIRO, Aug 4 (Reuters) - When Egypt announced plans to
develop renewable power in 2014, investors piled in, drawn by
year-round sunshine and chronic electricity shortages. Two years
on, many projects have stalled, hitting confidence among foreign
investors Egypt sorely needs.

TORONTO, Aug 4 (Reuters) - Canada's main stock index fell on
Thursday as shares of insurer Manulife Financial Corp
plunged after poor earnings and the exit of a major investor
hurt Canadian Pacific Railway stock.

New technology is evolving electricity transmission from a centralized, one-way system to a more distributed, interactive one. This system necessitates new electricity rates, and the National Association of Regulatory Utility Commissioners (NARUC) at its annual summer meeting unveiled a draft manual that will help states across the U.S. design them.

The power generation industry lit up Twitter with pictures of projects from all over the world during our #BestPowerProjects TweetUp.

Recognizing the importance of sustainability, the Land Rover BAR Team has made a commitment to becoming a sustainable world class racing team. What’s more, they want young people to learn and understand how to achieve this.

FRANKFURT, Aug 4 (Reuters) - European prompt power prices
rose on Thursday as previously high wind output receded and
thermal plants' availability was lower than expected.

The certainty of uncertainty, in the political arena, is the only thing of which I am certain. The 2016 presidential election is already a cross between The Rocky Horror Picture Show and a full contact spectator sport. If it didn’t have such an impact on the global environment, I might find these theatrics of the absurd entertaining.

WARSAW, Aug 4 (Reuters) - Australian fund management firm
IFM and its unit Veolia Energia Polska have submitted the
highest offer to buy Polish heating assets from France's EDF
, the Puls Biznesu daily said, quoting unidentified
sources.

* Sharply lower dollar since end-July also supports oil

(Updates prices, adds comment)

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