Anglo American has the right to earn a 60% ownership interest in a joint venture company indirectly holding the Properties if it invests an aggregate amount of US$50
Energy storage has become an everyday element of grid planning and energy network management – driven by technology advances, proven benefits, and steadily falling prices. As storage goes mainstream, it’s no longer unusual to see deployments in the tens of MWh. Although about 95 percent of operational storage in the U.S. is in the form of pumped hydro, which can store massive amounts of energy cheaply for days, virtually all of the remaining storage resources are lithium-ion batteries.
The well has been efficiently drilled by operator Tullow Oil, reaching total depth on 21 September 2018, materially quicker than prognosed. The Early Cretaceous age Cormorant Submarine Fan
The post Pancontinental’s exploration well offshore Namibia turns out dry appeared first on Compelo Energy.
The Arkona offshore wind farm is right on schedule, stated the owners. E.ON is responsible for construction and operation. The first of the 60 turbines has been successfully
The post Arkona offshore wind farm delivers first power to German grid appeared first on Compelo Energy.
The 265km long Gulf Run Pipeline project, which is aimed to be placed into service in 2022, will be developed by the Oklahoma-based midstream company’s subsidiary Enable Gulf
The post Enable Midstream to build $550m Gulf Run Pipeline project in Louisiana appeared first on Compelo Energy.
The assets to be sold by Dominion Energy include the Fairless Power Station, a 1.2GW combined-cycle gas turbine located in Pennsylvania; and the Manchester Street Power Station, a
The post Dominion Energy to sell stakes in three power stations for $1.3bn appeared first on Compelo Energy.
The new project is called Vita Solar, with the planned peak capacity of 13.5MW, covering an area of 20.2 hectares. The solar panels are produced by Longi Solar,
The post TIU Canada begins construction of 13MW solar plant in Ukraine appeared first on Compelo Energy.
The contract is expected to commence in July 2019, following the shipyard delivery of the rig in early 2019. Transocean will operate the Transocean Norge and has a
The post Transocean’s rig to drill six wells for Equinor in NCS appeared first on Compelo Energy.
(Tue, 25 Sep 2018) As a result of record-high temperatures and fuel supply constraints this summer, wholesale electricity prices in the western United States reached their highest levels since 2008. In the area served by the California Independent System Operator (CAISO), peak-period electricity prices in July averaged $101 per megawatthour (MWh), the highest monthly average since the current day-ahead market began trading in April 2009.
(Tue, 25 Sep 2018) Working natural gas inventories in the Pacific region lower than last year despite higher inventories in Southern California.
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