Energy Update
MEXICO CITY, Feb 27 (Reuters) - Mexico's state-owned oil company Pemex on Friday reported its ninth consecutive quarterly loss, hurt by a slump in the price of oil and a slide in the Mexican peso against the dollar.
LONDON, Feb 27 (Reuters) - U.S.
The first round of the Contracts for Difference (CfD) programme — the UK scheme that is designed to support low-carbon generation and a capacity margin in the energy sector — has concluded. Contracts were offered to 27 renewable electricity projects with a total value of some £315 million (US$500 million), which include two offshore wind farms with a total planned capacity of more than 1.1 GW, 15 onshore wind projects and five solar projects.
Iberdrola SA, Spain’s largest electricity company, agreed to buy UIL Holdings Corp. in a deal valued at about $3 billion in cash and shares to create a U.S. utility with about 3.1 million customers.
A June 2014 study by Ceres highlighted the top electric utilities for renewable energy and efficiency. In an article discussing the findings, Utility Dive suggested that there are “wide disparities […] in the extent to which electric utilities currently deliver renewable energy and energy efficiency.” To find the source of these disparities, look n
The U.S. Energy Department's National Renewable Energy Laboratory (NREL) played crucial roles in the technology that has led companies DuPont, POET, and Abengoa to open commercial-scale facilities to turn biomass into clean transportation fuels.
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