Energy Update
A series of new reports is showing how Beijing’s strong support for new energy technologies is benefiting both domestic and foreign companies, as China tries to become a global leader in this emerging area. But the reports also spotlight the dangers that come with such aggressive support, which often leads to abuse of subsidies and other preferential policies that can lead to big waste and market distortions.
Enel S.p.A. said May 5 that through its subsidiary Enel Green Power North America (EGPNA) it has started construction of the 150-MW (dc) Aurora utility-scale distributed solar PV project in Minnesota.
NEW YORK, May 9 (Reuters) - Canadian crude prices climbed
further on Monday as a raging wildfire in northern Alberta
entered a second week and traders braced for possible supply
constraints as the blaze had spurred some producers to shut
facilities as a precaution.
PARIS, May 9 (Reuters) - EDF's works council said
on Monday it had voted to order an external study into the
French utility's project to build two nuclear reactors at
Hinkley Point in Britain.
DAVAO, Philippines, May 9 (Reuters) - The presumptive winner
of the Philippine election on Monday said that if he became
president he would settle rows over the South China Sea with
multilateral talks that would include allies the United States,
Japan and Australia as well as claimant nations.
Total SA agreed to buy French battery maker Saft Groupe SA in a 950 million-euro ($1.1 billion) deal, ratcheting up investments in clean energy by one of the world’s largest oil companies.
New York is preparing for a future in which clean, distributed energy resources — such as energy efficiency, electric vehicles, rooftop solar panels, and other types of local, on-site power generation — form an integral part of a more decentralized electric grid.
The Bioenergy Feedstock Library contains no books. What it does contain is information about biomass — organic material such as corn stover, switchgrass, wood chips and wheat straw. Nearly 50,000 biomass database entries and more than 35,000 physical samples reside in a repository located at the Department of Energy’s Biomass Feedstock National User Facility.
Renewables financing under Alberta’s new procurement program is both an exciting and daunting prospect. Equity and debt providers have traditionally shied away from merchant projects in the renewables sector, but on the whole, are enthusiastic about the market potential in Alberta. With some revenue certainty at the right price range, investors are ready to finance new projects and participate in what’s expected to be Canada’s next renewables frontier.
LONDON, May 9 (Reuters) - Brazil has joined a list of
countries exporting diesel to Europe, reversing a traditional
route and underscoring a weakening of the largest South American
economy.
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