Energy Update

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The current challenge for the geothermal energy industry is what U.S. Geothermal CEO Dennis Gilles calls “leveling the playing field” with wind and solar.
“We’re competing with the wind and solar companies,” Gilles said during the Geothermal Resources Council 39th Annual Meeting opening session in Reno, Nev., on Sept. 21. “They have incentives, and as a result of their dramatic growth, they have seen their costs come down dramatically.”

LONDON, Sept 23 (Reuters) - A planned shutdown of Britain's North Sea Buzzard oilfield is likely to be rescheduled to November from October, an industry source said, which would boost next month's supply of the crude that helps underpin the Brent benchmark.

DUBAI, Sept 23 (Reuters) - After almost a year of painfully low oil prices, OPEC members are beginning to believe they are winning against upstart U.S.

* Proxy adviser ISS has called for audit committee overhaul (Add details of other committee changes, background)

LONDON, Sept 23 (Reuters) - Two shareholder revolts in the space of six months at listed commodities firms Noble and Glencore have taught their private rivals an unforgettable lesson - think twice before going public or amassing large physical assets.

SINGAPORE, Sept 23 (Reuters) - Singapore-listed commodity trader Noble Group Ltd said on Wednesday its chairman Richard Elman has stepped down from two board committees.

* BHP Australia shareholders to help fund British entity's dividends

The energy-storage industry is now at a stage where stakeholders need to develop a coordinated vision for safety codes, standards and regulations (CSRs). Although standards in the solar industry can provide a guide, the energy-storage industry needs to collaborate to ensure safe and reliable products.

BRUSSELS, Sept 23 (Reuters) - European politicians on Wednesday voted to speed up rules to tighten compliance with pollution limits on cars, adding to pressure for reform after U.S. regulators caught Volkswagen AG rigging the performance of vehicles in tests.

LONDON, Sept 23 (Reuters) - Britain's Premier Oil said on Wednesday that its daily production rate was running ahead of its annual guidance after it successfully completed maintenance over the summer.

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