Energy Update
DHAKA, Sept 19 (Reuters) - Bangladesh's government wants to invest $8 billion over the next few years in infrastructure to improve the economy and sought help from private sector to share the cost which the government could not bear alone.
MOSCOW, Sept 19 (Reuters) - Russia's finance ministry has proposed changing the calculation method for Mineral Extraction Tax for oil companies by including a so-called "rouble deduction" that would significantly boost revenues, news agency RIA reported on Saturday, citing finance ministry documents.
MOSCOW, Sept 19 (Reuters) - Russia's finance ministry has proposed changing the calculation method for Mineral Extraction Tax for oil companies by including a so-called "rouble deduction" that would significantly boost revenues, news agency RIA reported on Saturday, citing finance ministry documents.
Southern Company said on Sept. 17 that it will test and evaluate a 1 MW (2-MWh) battery storage system in Cedartown, Ga., using lithium-ion battery technology – similar to the battery chemistry in electric vehicles and many of today’s consumer electronics.
Last year was a breakthrough year for solar in the Middle East with over 30 solar projects awarded – a ten-fold increase on 2013, according to The Middle East Solar Industry Associatio.
Geoscience BC is launching a six-month study that will provide 10 communities in British Columbia with detailed information about direct-use geothermal energy opportunities, a spokesperson for the nonprofit said.
One key method of increasing solar adoption and deployment across the world is to focus on reducing the soft costs — those fees, red tape, and other bureaucratic inefficiencies that make it difficult for customers to actually get solar power installed. But a grant awarded this week at Solar Power International (SPI) seeks to start to chip away at those problems.
Durham, N.H., Sept 18 (Reuters) - Democratic presidential candidate Hillary Clinton said on Friday she would support lifting the 40-year-old U.S. ban on crude exports only if the measure included concessions from the oil and gas industry to move toward cleaner energy.
Sept 18 (Reuters) - Oil trader Andy Hall, well-known for his calls for higher crude prices even in an oversupplied market, put his hedge fund into the black in August after a late market rally helped him stave off a fourth straight monthly loss, performance data from the firm showed on Friday.
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