Energy Update

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Today’s topics include U.S. President Trump’s official proclamation that he is imposing 25 percent tariffs on steel and 10 percent tariffs on aluminum and how they will affect all facets of the energy industry, including solar companies. We also touch on the now-becoming-more official JinkoSolar manufacturing plant. There is still no official announcement that they are building something that will manufacture solar modules in the U.S.

(Mon, 12 Mar 2018) For four consecutive days in early February, stock market implied volatility surpassed crude oil price volatility for the first time since 2008. The VIX, a measure of implied volatility, or the market’s expected range of near-term price changes on Standard and Poor’s (S&P) 500 index options, closed higher than the OVX, a measure of implied volatility on crude oil options.

Petrofac has secured a lump-sum engineering, procurement and construction (EPC) contract of around $135m from Bharat Petroleum Corporation Limited (BPCL).

SNC-Lavalin, in consortium with TechnipFMC, has secured a engineering, procurement, and construction (EPC) contract to supply NOVA Chemicals with two gas cracking furnaces.

Have a listen to this one-minute video that explains all of the new tracks and session types we’ve added to POWER-GEN 2018 and then submit an abstract to speak at the show today. Time is running out – the final deadline is March 16, 2018.
 

Have a listen to this one-minute video that explains all of the new tracks and session types we’ve added to POWER-GEN 2018 and then submit an abstract to speak at the show today. Time is running out – the final deadline is March 16, 2018.
 

Crown Prince Mohammed's visit gives UK Prime Minister Theresa May a final opportunity to have London Stock Exchange chosen as venue for huge sale.

Sunrun Inc., the largest U.S. residential-solar company, is seeking about $500 million to fund more rooftop-power systems, according to people familiar with the company’s plans.

Sunrun Inc., the largest U.S. residential-solar company, is seeking about $500 million to fund more rooftop-power systems, according to people familiar with the company’s plans.

With a reported 150,000 homes and businesses in Puerto Rico still waiting for electricity since it was lost six month ago during Hurricanes Irma and Maria, small successes with solar-plus-storage installations are making a big difference in ongoing recovery efforts.

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