Energy Update
Amid the upheaval of Brexit lies cautious optimism that Theresa May’s new government may hold better times for the UK renewable energy industry. Gone is the hawkish chancellor George Osborne — determinedly pro nuclear and fracking — while former energy and climate change secretary Amber Rudd, whose policy lurches over subsidy levels damaged so many green businesses, is now Home Secretary.
NEW YORK, July 27 (Reuters) - Investors disappointed with
tepid bond yields have been hunting for income in the stock
market - boosting to near record highs the outperformance of
dependable dividend paying companies and going beyond those
usual suspects to corners of the market not typically known for
their payouts.
What do self-driving cars, the Mars rover and remote solar site assessment have in common? All three technologies use Light Detection and Ranging (LIDAR).
MEXICO CITY, July 27 (Reuters) - Mexico's oil regulator on
Wednesday said state-owned oil company Pemex must take a minimum
45 percent stake in its first-ever proposed joint venture with
would-be private partners to develop oil reserves in the Gulf of
Mexico's deep waters.
NEW YORK, July 27 (Reuters) - Private equity firm Carlyle
Group L.P. posted higher-than-expected quarterly earnings
on Wednesday as a rebound in oil prices and a firmer global
financial market bolstered investment returns.
Tell us about your power projects! On August 3, join the global power industry for a TweetUp about YOUR power projects: those that you are working on, those that are going to come online or those that you love.
We’re asking the power industry to tweet photos, articles, comments and questions about the power projects they are working on, have worked on, plan to work on or have admired from afar.
India has invited its first-ever bids for solar energy projects that include storage as a requirement as part of a trial program aimed at making the renewable resource a more reliable source of power.
The solid-state batteries that are on the market today are thin-film batteries, which, on account of their limited capacity, can only be used for micro-storage, for example to provide power for sensors. But as a result of innovations in materials and architecture, solid-state batteries may soon be used also for large storage systems, for example for electric cars or the smart grid.
An attempted coup spooked the Turkish steel market, mergers and acquisitions were back in vogue in Europe, while China is looking at some anti-dumping action of its own.
ATHENS, July 27 (Reuters) - Cyprus received expressions of
interest from ENI, Total, Statoil, Exxon Mobil, Qatar Petroleum,
and Cairn in a licensing round for offshore hydrocarbon blocks
which lapsed last week, its energy ministry said on Wednesday.
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