Energy Update
VIENNA, May 31 (Reuters) - A Nigerian oil technocrat has
emerged as frontrunner to take the top job at OPEC, with members
seeing Mohammed Barkindo as what would be a rare compromise
candidate to lead the group amid rising tensions between Saudi
Arabia and Iran.
Dominion Virginia Power said it is assessing options for its proposed offshore wind demonstration project after the U.S. Department of Energy announced it is withdrawing $40 million in funding.
BOGOTA, May 31 (Reuters) - Union workers at Colombia's Cerro
Matoso mine, one of the world's largest producers of
ferronickel, will begin an indefinite strike on June 14 in
protest of work and pay conditions, the union president said.
VIENNA, May 31 (Reuters) - UAE Oil Minister Suhail bin
Mohammed al-Mazroui said on Tuesday he was happy with the oil
market, noting that prices had been correcting higher.
PARIS, May 31 (Reuters) - France is looking at ways to
provide financial support for the storage of natural gas because
market prices for storage have fallen too low to guarantee
security of supply, storage operator Storengy said.
Toshiba Corp. on May 30 said it will supply a flash steam turbine system and generator for the Kizildere III Geothermal Power Plant in Turkey.
The California Public Utilities Commission, in a May 26 resolution, directed Edison International subsidiary South California Edison (SCE) to hold an expedited competitive energy storage procurement solicitation for capacity that must be available by the end of the year.
Over the past five years, U.S. electricity generation from biomass across all sectors grew from 56 terawatthours in 2010 to 64 TWh in 2015. Much of this growth occurred in southern states such as Virginia, Florida, and Georgia. In 2015, electricity generation from biomass across all sectors accounted for 11.3 percent of renewable electricity generation and 1.6 percent of total electricity generation in the U.S.
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