Energy Update

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Houston-based Caprock Midstream has chosen Honeywell UOP Russell business to provide a high-recovery cryogenic gas processing plant for its Pecos Bend facility in West Texas, US.

The Solar Energy Technologies Office will put $24 million into research and development that will help the industry reach the DOE’s levelized cost of electricity (LCOE) targets for concentrated solar thermal systems by 2030.

A bill was introduced last week in Alberta, Canada, that could give municipalities in the province the option to create Property Assessed Clean Energy (PACE) financing programs.

Two new 20-MW/20-MWh stand-alone utility-scale energy storage installations are set to come online in New Jersey this year.

The European Bank for Reconstruction and Development (EBRD) and the Green Climate Fund are providing a US$88 million financing package to complete rehabilitation of the 126-MW Qairokkum hydro plant.

(Tue, 17 Apr 2018) EIA’s <em>Short-Term Energy Outlook</em> forecasts the typical U.S. household will spend an average of $426 for electricity this summer (June–August), an increase of about 3% from the average summer expenditures in 2017. The expected increase in electricity bills is a result of forecast higher retail electricity prices and slightly higher projected electricity use to meet increased cooling demand.

Meridian Energy Group has signed a letter of intent (LOI) with an undisclosed engineering, procurement and construction (EPC) solutions provider to initially complete a front end engineering and design (FEED) study for the Davis Refinery in Belfield, North Dakota.

Power generation has begun at Pakistan's 969-MW Neelum Jhelum as the hydropower plant's first turbine unit is now undergoing trial runs.

Today we spend the entire show talking about the size of the solar market. How much solar generating capacity is installed; how much solar manufacturing capacity exists; and how much solar is held in China, the largest solar market in the world.
 

Finnish energy company Fortum today said that it won a bid to build a network of commercial rooftop solar systems that will boost Finland’s total solar power capacity from 35 MW to 45 MW.

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