Energy Update
(Tue, 06 Mar 2018) Estimated ethanol production margins at U.S. corn ethanol plants averaged 22 cents per gallon (gal) in 2017. Last year was the fifth consecutive year that margins have averaged more than 20 cents/gal, which has helped drive consistent ethanol production growth over that period.
(Tue, 06 Mar 2018) North Sea Brent crude oil spot prices averaged $65 per barrel (b) in February, a decrease of $4/b from the January level and the first month-over-month average decrease since June 2017. EIA forecasts Brent spot prices will average about $62/b in both 2018 and 2019 compared with an average of $54/b in 2017.
A ground-breaking ceremony was held today in Denmark to mark the start of a biomass plant conversion project that will make the facility more fuel efficient.
A ground-breaking ceremony was held today in Denmark to mark the start of a biomass plant conversion project that will make the facility more fuel efficient.
Illinois regulators last week approved a plan by Exelon Corp. subsidiary Commonwealth Edison Co. (ComEd) to build one of the first utility-scale microgrid clusters in the U.S. in the Bronzeville neighborhood on the South Side of Chicago.
Illinois regulators last week approved a plan by Exelon Corp. subsidiary Commonwealth Edison Co. (ComEd) to build one of the first utility-scale microgrid clusters in the U.S. in the Bronzeville neighborhood on the South Side of Chicago.
A tax credit that’s helped motivate many fiscally conscious Iowa farmers to install solar panels would see an early demise under a sweeping tax reform bill that cleared a major legislative hurdle last week.
A tax credit that’s helped motivate many fiscally conscious Iowa farmers to install solar panels would see an early demise under a sweeping tax reform bill that cleared a major legislative hurdle last week.
Denham Capital Management LP, a London-based private equity firm, plans to channel at least $250 million into energy projects in Africa.
Denham Capital Management LP, a London-based private equity firm, plans to channel at least $250 million into energy projects in Africa.
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