Energy Update
LONDON, May 12 (Reuters) - "The data must be wrong," according to veteran oil analyst Phil Verleger, who wrote in a blistering note that the Energy Information Administration is probably overestimating U.S. oil production by 1.6 million barrels per day.
NEW YORK, May 12 (Reuters) - The U.S.
A number of key buyers agreed to pay higher prices for their third-quarter aluminum alloy supplies after negotiations kicked off this week in Europe.
HAMBURG/BERLIN, May 12 (Reuters) - Energy ministers from the Group of Seven industrial nations said on Tuesday there was unprecedented consensus among them on the urgency of limiting climate change, markedly improving prospects for a U.N. climate deal in Paris later this year.
North Rhine-Westphalia, the German state that’s home to utilities RWE AG and EON SE, is losing its standing as the country’s powerhouse as wind and solar energy begin to displace conventional sources.
May 12 (Reuters) - Patriot Coal Corp filed for bankruptcy protection on Tuesday, just 18 months after emerging from its previous Chapter 11, and said it was in negotiations with a potential buyer.
In a timely new report, three prominent electric grid industry experts refute claims that the president's proposal to cut carbon pollution from power plants will jeopardize electric grid reliability. The authors, Susan Tierney, Eric Svenson, and Brian Parsons, explain that those claims undervalue the grid's strengths and the Clean Power Plan's flexible design. They also chart a role for grid planners to help states develop their plans to cut carbon pollution.
In the wake of Tesla’s recently announced entrance into the stationary energy storage market, there has been a wave of analysis of what this might mean for residential and commercial utility customers. The bulk of the headlines have centered on the sleek residential Powerwall, but far fewer have investigated the implications of Tesla’s commercial-s
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