Energy Update

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LONDON, Sept 2 (Reuters) - Crude oil prices have been on a rollercoaster over the last four trading sessions that has seen some of the highest volatility in a quarter of a century.

The much anticipated net metering in Lithuania has hit a major snag from the very start – the introduced network operator service fee of 0.031 euros ($0.035) per 1 kWh is too high and can snuff out any solar gleam.

Sept 2 (Reuters) - BG Group Plc said the European Union's antitrust regulators had approved Royal Dutch Shell Plc's $70 billion takeover bid for the oil and gas producer.

In what is being lauded as a “fair outcome” for consumers, utilities and the solar industry alike, the Colorado Public Utilities Commission (PUC) last week voted that no changes will be made to the state’s net metering policy, which currently reimburses solar customers at the retail rate of 10.5 cents per kilowatt hour.

* Conventional plants lock in price for offering reliability (Adds details, background)

Electricity consumption in the global information and communications technology (ICT) industry is growing rapidly. Analyzing reported data on electricity sources and consumption from 113 ICT companies in the U.S., National Renewable Energy Laboratory (NREL) researchers found those companies used more than 59 million MWh of electrical energy in 2014 – 1.5 percent of that consumed in the entire nation.

Sept 2 (Reuters) - BG Group Plc said the European Union's antitrust regulators had approved Royal Dutch Shell Plc's $70 billion takeover bid for the oil and gas producer.

* Halfords hit by cycling downturn (Adds detail, updates prices)

JAKARTA, Sept 2 (Reuters) - Indonesia will pledge to increase its commitments on cutting greenhouse gas emissions growth by 29 percent by 2030, the environment and forestry minister said on Wednesday, but giving few details on how this would be done.

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