Energy Update

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Toronto-based SkyPower said it has reached an agreement to build 1 GW of solar power generation throughout Uzbekistan, bringing the country’s renewable generation to 10 percent of total generating capacity.

Energy experts highlighted the explosive growth potential of the U.S. offshore wind industry and the expertise its supply chain will leverage from the U.S. offshore oil and gas sector during a panel discussion hosted this week at the Offshore Technology Conference.

As LIBOR increases, stresses on shipping industry balance sheets, cash flows and earnings also rise. With rates still at relatively low levels in historic terms, further increases are likely, and for a highly capital-intensive sector like shipping, this will undoubtedly weigh heavily on already debt-laden companies.

(Fri, 04 May 2018) EIA is hosting its 2018 Energy Conference on Monday, June 4, and Tuesday, June 5, in Washington, DC, where attendees will get up-to-date information on a wide set of emerging energy issues. This two-day event provides an opportunity to meet and network with energy analysts, decision makers, and EIA staff. Last year, more than 900 people from industry, government, and academia attended the conference.

Petróleo Brasileiro (Petrobras) said that it has started the binding phase associated with the sale of its subsidiary Petrobras America (PAI) which owns the Pasadena refining system in Texas.

Metocean data collection allows smarter development of projects to increase energy production while reducing project footprint

The U.S. Department of Energy's Water Power Technologies Office has issued a Notice of Opportunity for Technical Assistance to perform a number of reviews associated with the long-term benefits and costs of two pumped storage hydroelectric plants.

Taiwan’s Ministry of Economic Affairs this week released the results of an offshore wind auction that will add 3.8 GW of capacity to its grid.

Industries are made up of things that can be categorized and counted. However, there are many things to count and many ways to count things. 

Here’s a question for leaders of corporations and municipalities: What was the impact of extreme weather on your bottom line last year? And how are you mitigating this threat to your company’s operations and finances in the future?

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