Energy Update
WASHINGTON, May 13 (Reuters) - Azerbaijan's state-owned oil company paid hundreds of thousands of dollars to cover 10 U.S. lawmakers' travel expenses as well as scarves, rugs and other gifts by sending funds through nonprofit corporations, the Washington Post reported, citing a confidential report.
Prime Minister David Cameron named a vocal opponent of onshore wind farms to a junior post in the U.K. energy department, reinforcing his Conservative government’s effort to halt the spread of turbines in rural areas.
Tesla’s new line of big, stackable batteries for homes and businesses started with a bang. The reservations reported in the first week are valued at roughly $800 million, according to numbers crunched by Bloomberg. If Tesla converts even a fraction of those reservations into actual sales, the battery roll-out could measure up as one of the biggest ever for a new product category.
A few years ago in a solar marketing department near you an enterprising executive had an epiphany: the word “microgrid” could be adapted to describe any system of any size and then used to confer a marketing advantage. Moreover, the more timely and part of the solar-lexicon the phrase microgrid became, the bigger and broader the opportunity it could describe potentially applying to everything from a residential PV system with a battery to a multi-megawatt installation.
WASHINGTON, May 13 (Reuters) - U.S. President Barack Obama said on Wednesday he would discuss with Saudi Arabia's visiting leaders how to build on a ceasefire in Yemen and praised the country for being a critical U.S.
NEW YORK, May 13 (Reuters) - Nearly half of U.S. oil and gas company executives expect Brent crude oil prices to remain below $60 a barrel this year, and a third believe price volatility will extend into 2016, according to a KPMG survey released Wednesday.
Net metering is unfair and is dangerous for the long term health of utilities, at least according to Raymond Wuslich, when he spoke at the 2015 Renewable Energy Conference in Poughkeepsie, NY. Wustlich is an attorney and partner at Winston & Strawn, LLP., and advises clients across the electricity and natural gas industries on Federal Energy Regulatory Commission (FERC) matters.
NEW YORK, May 13 (Reuters) - Nearly half of all U.S.
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