Energy Update
(Tue, 15 May 2018) The timing and magnitude of adding wind- and solar-powered electricity generators to the U.S. grid are sensitive to federal policies, especially federal tax credits that are currently scheduled to expire or diminish by 2022. In addition to the Reference case of EIAâs latest <em>Annual Energy Outlook 2018</em> (AEO2018), which reflects current laws and regulations, three side cases show the potential effects of extending or eliminating certain tax credits.
NBC reports that workers at Ormat Technologies' Puna Geothermal Plant on the Big Island of Hawaii are taking precautionary measures after a new volcanic fissure opened up near the facility. Earthquakes started on the island April 30, and it was soon followed by volcanic activity.
A new market for utility-scale solar is opening up in Armenia with a successful round of bidding that led to an award for the 55-MW Masrik-1 solar plant.
General Electric Co. will be required to buy Alstom SA’s stakes in three energy joint ventures for 2.59 billion euros ($3.1 billion), closing a lengthy chapter in the massive 2015 tie-up that has become a headache for the beleaguered U.S. manufacturer.
Traditional alliances are being broken, and new ones are slow to form. Dealmaking has taken on the airs of a zero-sum game in which there can only be one winner.
Tata Power Co., one of India’s largest private power utilities, is planning to invest as much as $5 billion to ramp up its renewable capacity fourfold, according to its top executive.
Republican senators from five states with big solar farms are asking the Trump administration to exempt the workhorse of industrial solar panels from tariffs imposed earlier this year.
(Mon, 14 May 2018) In 2017, the United States exported 905,000 barrels per day (b/d) of propane, with the largest volumes going to supply petrochemical feedstock demand in Asian countries. Four of the top five countries receiving U.S. propane exports are in Asia—Japan, China, South Korea, and Singapore.
(Mon, 14 May 2018) EIA analyses sensitivities around policies affecting the U.S. energy system using alternative scenarios to the <em>Annual Energy Outlook 2018</em> (AEO2018) Reference case in the areas of renewable electric generation and end-use efficiency. This article presents results from two sets of alternative policy scenarios. The first set of cases looks at renewable tax credits and examines the impacts of tariffs on imported solar photovoltaic (PV) cells and modules.
The State Cabinet of Himachal Pradesh, India, approved amendments to the state’s hydropower policy intended to ensure about 737 stalled hydro projects with a capacity of about 5,100 MW can move forward.
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