Energy Update
Investors are pulling back from wind farms in Nordic nations as the lowest electricity prices in 12 years cut the profitability of new projects.
KHOBAR, Saudi Arabia, Sept 8 (Reuters) - Saudi Arabia's ambitious plans to become a world leader in installed solar power appear to have run into the sand amid disagreements over their scale, ownership and technology.
MUNICH, Sept 8 (Reuters) - The German state of Bavaria will press the federal government to reduce supports for renewable energy, a high-ranking local policymaker said on Tuesday, calling the cost of green power a threat to economic growth.
Green Mountain Power (GMP) will use two of its pending order of 500 Tesla Powerwall home energy storage systems to build a solar-plus-storage facility at Vermont’s Emerald Lake State Park, a GMP spokesperson said on Sept. 4.
A new study from EQ Research is emphasizing the critical role accurate net energy metering (NEM) reporting plays in the stability of the U.S. solar market, and calling attention to how far some states have to go with respect to adopting effective tracking and reporting methodologies.
DUBAI/RIYADH, Sept 8 (Reuters) - A shake-up of Saudi Arabia's oil leadership by King Salman has introduced a new element of unpredictability to its energy policymaking at a moment when Riyadh is grappling with slumping crude prices and its war in neighbouring Yemen.
The base metals market remained focused on the situation in China with metal prices continuing to struggle on the back of further volatility across Asian equity markets.
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