Energy Update

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(Fri, 20 Feb 2015) Working natural gas in storage has surpassed five-year average levels for the first time in more than a year. At 2,157 Bcf as of February 13, stocks are 58 Bcf greater than the five-year average. Recent extremely cold weather may result in high stock withdrawals for the week ending February 20, which could again push stocks below their five-year average.

A US judge has rejected oil major BP’s bid to cut down the maximum civil penalty of $13.7bn it could be slapped with for the Gulf of Mexico oil spill in 2010.

For those ethanol producers outside of the US, the subtitle of the RFA's National Ethanol Conference -- “Going Global” -- is likely to unleash ripples of unease across their industry.

Platts Hector Forster provides an update on Atlantic metallurgical coal and iron ore pricing and procurement trends, along with current ferrous scrap pricing.

SolarEdge Technologies Inc., a maker of power optimizers for photovoltaic systems, filed for a $125 million initial public offering on the Nasdaq.

Origin Energy Ltd., Australia’s largest electricity retailer, plans to expand its solar business in the country amid forecasts for a fivefold increase in installations through 2030 and declining costs.

Earlier this year, Minnesota became the first state to formalize dozens of studies by adopting a "value of solar" formula that would fundamentally change the relationship between solar energy producers and their utility. It's designed to have the utility accurately compensate solar energy producers for the value of solar electricity to the utility,

In investing there are the longs and the shorts — while most investors take “long” positions, simply owning stocks and bonds, many traders “go short” when they think the stock is overvalued and ready to drop. The returns can be substantial, though the risks precarious.

California has announced a major new set of initiatives and finalized two agency decisions that will bring increasing amounts of weatherization and solar benefits to low-income residents of affordable multifamily properties, which represent one-third of the state's low-income housing stock.

Global warming is a term that pervades all international forums ranging from economics, food security, and energy production to security. Such is the importance of this debate that all nations have had to compromise on a mutual strategy to save energy and in turn reverse the perverse effects of global warming. This is an issue that might sound remo

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