Energy Update
Sener has been awarded a contract by Samsung Ingeniería to develop ultra-low-sulfur diesel (ULSD) unit as part of modernization project of the Salamanca oil refinery in the state of Guanajuato, Mexico.
Platts editors evaluate the major markets in the Asian petrochemical industry and analyze the key drivers of each product going into the rest of 2015, including supply/demand fundamentals, competition with other markets and trade flows.
What a week for energy news! And right in the middle of it all is what we believe to be a landmark paper. In the event you didn't find time to take a look at it, here are the highlights. Multiple compounding factors are driving national movement toward a more modern electricity grid, one that enables a cleaner energy future. The report released by
Massachusetts’ Solar Renewable Energy Credits (SREC) are an unquestioned success, creating green jobs and clean energy while protecting taxpayers. As the program enters its second phase, it’s time for Governor Baker to reaffirm the state’s commitment to a sustainable economic future.
While it is difficult to discuss the geothermal industry in just one-year increments, it seems as though 2015 is set to have some notable developments.
PG&E already has enough renewable energy contracts in its portfolio that its customers now get a quarter of their electricity from sources like solar and wind. (Large hydro is not included.)
(Wed, 18 Feb 2015) The growth in residential energy use has slowed to below the rate of household growth, meaning that per-household energy consumption has decreased. Analysis of EIA's Residential Energy Consumption Survey (RECS) conducted since 1980 shows how improvements in energy efficiency reduced energy intensity enough to offset more than 70% of the growth in both the number of households and the size of dwellings.
Oman is seeking loans to help finance its $3.6bn petrochemical project, from banks and export credit agencies.
Tesoro's board of directors has approved two projects that aim to boost clean products production at its refinery in Anacortes, Washington, the US.
(Tue, 17 Feb 2015) Following a court challenge that caused a previous proposal to be sent back for further analysis, the U.S. Department of Energy (DOE) has issued a new proposed rulemaking to increase the minimum efficiency standards for gas furnaces for the first time since 1992.
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