Energy Update
Today, democracy is working. This morning, Congress and Senate voted yes to the Omnibus Bill, including the extension of the Federal Solar Investment Tax Credit (ITC).
BRASILIA, Dec 18 (Reuters) - Brazilian President Dilma Rousseff issued a decree on Friday aimed at speeding up a process allowing construction companies involved in a major corruption scandal to regain the right to receive government money, a move she says will protect jobs.
WASHINGTON, Dec 18 (Reuters) - U.S. President Barack Obama on Friday said that the international agreement on climate change reached in Paris has set in place a demand for clean energy that will not be dependent on U.S.
(Adds quotes from head of oil consultancy) Dec 18 (Reuters) - U.S. energy firms this week added the most oil rigs since July, breaking a string of four weekly declines, data showed on Friday, despite a collapse in crude prices. Drillers added 17 oil rigs in the week ended Dec. 18, bringing the total up to 541, oil services company Baker Hughes Inc said in its closely followed report. That is about a third of the 1,536 oil rigs operating in same week a year ago. Since the end of th
A five-year extension of the ITC will accelerate the solar market in the U.S. driving a doubling of cumulative deployment by 2020, according to Paula Mints, Chief Market Analyst with SPV market research.
Platts editors briefly explain the workings of the Platts Market On Close (MOC) assessment process which provides an opportunity for the industry to remove any ambiguity and focus on price.
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