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State efficiency incentives averaged $24 per customer, ranged from $0 to $128 in 2016

(Wed, 20 Jun 2018) U.S. electric utilities reported spending $3.6 billion on energy efficiency customer incentives in 2016, or an average of $24 per customer, according to EIA’s survey of electric power sales, revenue, and energy efficiency. Energy efficiency spending is reported on an incremental basis, reflecting new programs operating for the first time in 2016 (including start-up costs) or new participants in existing programs.

Australia’s Lucapa sells Lulo diamonds for $2m

The parcel of 1,782 carats (Figure 1) achieved gross sale proceeds of US$2.0 million (A$2.7 million), representing an average price per carat of US$1,150 (A$1,530). The sale excluded
The post Australia’s Lucapa sells Lulo diamonds for $2m appeared first on Compelo.

Trafigura, SLNG sign agreement for storage and reload services at SLNG Terminal

This is the second such agreement that Trafigura has signed with SLNG to utilise the excess liquefied natural gas (LNG) storage capacity available at the Terminal. Under the

Bonterra proposes merger with rival Canadian gold miner Metanor

The combined company of Bonterra and Metanor will gain control of three advanced high grade gold deposits in the form of Gladiator, Bachelor, Barry along with significant regional
The post Bonterra proposes merger with rival Canadian gold miner Metanor appeared first on Compelo.

ION partners with Greensea to provide subsea vehicle navigation solutions for offshore industry

This partnership will accelerate the adoption of ION’s technologies into larger, less cyclic adjacent markets offshore and in the military while providing Greensea with options to integrate ION

Nuance Energy, Frankensolar to partner on solar racking solution

Frankensolar Americas (FSA) is a leader in distribution, design and engineering for photovoltaic projects. By providing bankable solutions from leading suppliers of quality solar energy products, FSA has

Akofs bags $370m light well intervention contract from Equinor

Akofs Seafarer will be used for all the operated licenses of Equinor commencing from 2020 up to 2025. The Norwegian oil and gas giant operates close to 560
The post Akofs bags $370m light well intervention contract from Equinor appeared first on Compelo.

SDX Energy makes gas discovery at South Disouq concession in Egypt

Drilled to a total depth of 7806ft, the SD-4X well had encountered 89ft of net conventional natural gas pay in the Abu Madi horizon. SDX said that the
The post SDX Energy makes gas discovery at South Disouq concession in Egypt appeared first on Compelo.

Coal Is Being Squeezed Out of Power Industry by Cheap Renewables

Coal will be increasingly squeezed out of the power generation market over the next three decades as the cost of renewables plunges and technology improves the flexibility of grids globally.

Inside Renewable Energy: The Sustainable Corporation — Risks and Rewards of an Environmental Business Strategy

In this episode, Scott Tew discusses Ingersoll Rand’s work toward achieving its sustainability goals and what other companies can learn from that experience.

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