Energy Update

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During a standing-room-only session on “What’s Next for Large-Scale Renewables in North America,” experts laid out their visions for the solar, wind and hydro markets for the coming years. Not only is there is a rush to build projects right now, but all three technologies are expected to grow in the next five years, despite expiring tax credits, shortages in materials and tough permitting hurdles.
Solar is Booming

SEOUL, Dec 10 (Reuters) - North Korean leader Kim Jong Un appeared on Thursday to claim the country has developed a hydrogen bomb, a step up from the less powerful atomic bomb, but outside experts were sceptical.

* Feb spot light crude premiums hit multi-month highs (Adds detail)

BEIJING, Dec 10 (Reuters) - China awarded four refineries in Shandong province quotas to import crude oil, the country's state planner said on Thursday.

* Onshore oil storage capacity could run out in Q1 2016 - PIRA (Adds weaker dollar, adds refined product stocks, updates prices)

HOUSTON/CHICAGO Dec 10 (Reuters) - Drained by a 17-month crude rout, some U.S. shale oil companies are merely hanging on for life as oil prices lurch further away from levels that allow them to profitably drill new wells and bring in enough cash to keep them in business.

(Thu, 10 Dec 2015) The U.S. Energy Information Administration's State Heating Oil and Propane Program (SHOPP) collects state-level residential heating oil and propane price data in 38 states during the winter heating season. SHOPP is a joint effort between EIA and state energy offices in regions (especially states in the Northeast and Midwest) where heating oil and propane are commonly used as heating fuels.

* Hong Kong set to be world's biggest IPO market this year (Adds details on Hong Kong IPO market, updates shares)

BEIJING, Dec 10 (Reuters) - The heavy smog shrouding Beijing is proving to be a boon for China's nascent electric car market, with some dealers saying inquiries about all-electric models are up by almost a tenth.

HONG KONG, Dec 10 (Reuters) - Shares of China Energy Engineering Corp Ltd (CEEC) were set to open marginally lower in their Hong Kong debut on Thursday after the company raised $1.8 billion in an initial public offering amid tepid investor demand for the deal.

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