Energy Update

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ZAGREB, June 8 (Reuters) - Croatian Deputy Prime Minister
Tomislav Karamarko, who heads the conservative HDZ party, said
on Wednesday he was ready to step down if two other key players
in a government dispute, including the prime minister, also quit
the cabinet.

ABUJA, June 8 (Reuters) - Nigeria's government will next
week pump much of the 350 billion naira ($1.76 billion)
earmarked for capital projects this quarter into Africa's
biggest economy, the budget minister said on Wednesday.

CHICAGO, June 8 (Reuters) - U.S. ethanol output rose more
than expected to near-record rates last week, the U.S. Energy
Information Administration said on Wednesday, pressuring prices
for the biofuel.

SAO JOAO DA BARRA, Brazil, June 8 (Reuters) - The launch
this week of Prumo Logistica's $3.7 billion Port of
Açu, the largest in Latin America, marked the revival of a
Brazilian logistics hub many thought doomed when the empire of
its former billionaire owner collapsed.

With EU legislation laying out requirements for renewable energy in road transport up until 2020, we consider expectations for a post-2020 world and how first generation biofuels might stand up.

RIO DE JANEIRO, June 8 (Reuters) - He is a symbol of
Brazil's biggest corruption investigation - a ballyhooed battle
against impunity for powerful politicians and businessmen.

June 8 (Reuters) - The top U.S. vehicle safety regulator
said on Wednesday the government needs to be more nimble in
designing rules for self-driving vehicles.

Construction is underway to refurbish Ontario Power Generation's reservoir at the Sir Adam Beck Pump Generating Station. "We are refurbishing the reservoir so that it can operate for another 50 years or more as Canada's largest and most flexible energy storage facility," says Mike Martelli, OPG's President Renewable Energy and Power Marketing.

At the June Clean Energy Ministerial Meeting, Carlos Moedas, European Commissioner for Research, Science and Innovation, and Pedro Joaquín Coldwell, Mexican Secretary of Energy, announced that European and Mexican researchers will work together on tapping into new sources of geothermal energy. The project, known as GEMex, was selected in a joint call launched by the European Union and Mexico.

In 2014, India’s Prime Minister Narendra Modi announced a goal to increase solar power capacity to 100 gigawatts (GW) by 2022—five times higher than the previous target. The 2022 target is extremely ambitious (the world’s total installed solar power capacity was 181 GW in 2014) and would make India a global leader in renewable energy.

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