Energy Update

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DUBAI, Jan 3 (Reuters) - A rise in Iran's crude oil exports once sanctions against it are lifted depends on future global oil demand and that should not further weaken oil prices, a senior Iranian oil official was quoted as saying.

BAGHDAD, Jan 2 (Reuters) - Prominent Iraqi Shi'ite cleric Moqtada al-Sadr called on Saturday for demonstrations in Gulf countries and in Iraq to protest the execution of Sheikh Nimr al-Nimr in Saudi Arabia.

BOGOTA, Jan 1 (Reuters) - Venezuela's state oil company, PDVSA, has delayed the export of natural gas to Colombia because of climate factors, the Colombian Mines and Energy Ministry said on Friday.

Researchers at MIT and elsewhere have found a way to significantly boost the energy that can be harnessed from sunlight, a finding that could lead to better solar cells or light detectors.

Xcel Energy recently doubled the amount of wind power generating capacity in its portfolio.

China, the world’s biggest clean energy investor, plans to increase wind and solar power capacity by more than 21 percent next year as it works to reduce greenhouse gas emissions by cutting its reliance on coal.

Record-low coal prices and increased wind and solar generation that pushed European power prices to their lowest in a decade may cause further declines in 2016.

* Power ministry said a day earlier it had resolved power crisis

ACCRA, Jan 1 (Reuters) - Ghana's power minister has resigned for unsatisfactory handling of a electricity crisis that caused years of frequent blackouts and hurt the West African economy, two government sources said.

The Federal Energy Regulatory Commission (FERC) on Dec. 23 rejected a July 1 application from Maysville Pumped Storage LLC for a successive preliminary permit for the proposed Maysville Pumped Storage Project, to be located on the Ohio River in Mason County, Kentucky.

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