Energy Update
BAKU, May 18 (Reuters) - Azerbaijan's economy shrank by 4.5
percent year-on-year in January-April, compared with growth of
5.5 percent in the same period last year, the State Statistics
Committee said on Wednesday.
TOKYO, May 18 (Reuters) - Iran's oil exports are set to
surge in May, climbing nearly 60 percent from a year ago, with
European shipments recovering to about half of pre-sanction
levels, according to a source with knowledge of the country's
crude lifting plans.
BEIJING, May 13 (Reuters) - China is expected to raise its
power storage capacity to 14.5 gigawatts by 2020, as the world's
second-biggest economy tries to cut massive waste from renewable
energy projects, an industry association said.
LAUNCESTON, Australia, May 18 (Reuters) - China appears to
be stockpiling crude oil at a faster pace than the market had
expected, taking advantage of low prices but perhaps also
pulling forward its demand for imported crude.
(Wed, 18 May 2016) Trends in carbon dioxide (CO2) emissions from electricity generation through 2040 depend significantly on whether or not the Clean Power Plan (CPP) rule issued last August by the U.S. Environmental Protection Agency (EPA) is implemented. Analysis in EIA's <em>Annual Energy Outlook 2016</em> (AEO2016) examines what the CPP could mean for the fuels used to generate electricity, especially coal.
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