Energy Update
The California Public Utilities Commission at its June 9 meeting will look at approving an emergency "wood tolling" agreement where Pacific Gas and Electric would provide wood from endangered forest areas to five Sierra Pacific Industries power plants that burn biomass for fuel.
For PV solar and large wind these are the best of times. For biomass energy (heat, power and combined heat and power), not so much.
These days the size of the solar PV industry is announced earlier and earlier each year, typically with little explanation of what is being sized. In reality, the PV industry, and this is true of all industries, is made of many metrics, all of which can be counted, combined and often misunderstood.
LONDON, June 6 (Reuters) - Britain's top share index climbed
higher on Monday, with a rally in metals prices boosting the UK
mining index to a one-month high, although housebuilders fell on
concerns surrounding the June 23 referendum on the country's EU
membership.
MOSCOW, June 6 (Reuters) - Moscow is concerned by NATO's
expansion and the movement of its infrastructure towards
Russia's borders and will take "adequate measures" to protect
its security, Russian Foreign Minister Sergei Lavrov said on
Monday.
BRISBANE, June 6 (Reuters) - It should be a golden age for
Australia's liquefied natural gas (LNG) producers as they sit on
the cusp of becoming the world's largest supplier of the fuel
that holds the largest growth potential among its fossil rivals.
XALAPA, Mexico, June 6 (Reuters) - Mexico's ruling party
lost several bastions in Sunday's regional elections, dealing a
heavy blow to President Enrique Pena Nieto for failing to crack
down on corruption and gang violence.
Now that the breaking news is winding down, Capitol Crude analyzes what the June 2 OPEC meeting means for the global oil market, US policymakers and US
crude producers.
WASHINGTON, June 6 (Reuters) - More than 450 groups on
Monday called on Congress to reject the Trans-Pacific
Partnership (TPP) if it comes up for a vote this fall, saying
the trade deal would allow fossil fuel companies to contest U.S.
environmental rules in extrajudicial tribunals.
HOUSTON, June 5 (Reuters) - The rows of traders who line the
massive trading floor at Mercuria Energy Group's Houston
headquarters rely on a string of modern conveniences to execute
deals across the globe. But when they're under the gun to
deliver oil fast, they call one person: Tim Holan.
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