Energy Update
Representatives of what have been dubbed “orphaned” clean energy technologies breathed easier knowing they finally won tax credit extensions as part of the spending bill passed today.
(Fri, 09 Feb 2018) Spending on infrastructure to deliver power to homes and businesses has increased steadily over the past 10 years as utilities build, upgrade, and replace station equipment, poles, fixtures, and overhead lines and devices.
The Iraq oil ministry has signed a contract with Rania International Company to construct a oil refinery, with 70,000-barrels-per-day capacity, near the northern city of Kirkuk.
Russia-based Lukoil said that it has completed reconstruction of the polyethylene reactor block C of its Stavrolen petrochemical factory in Budyonnovsk.
CB&I has won a contract from the Abu Dhabi National Oil Company (ADNOC) to build a Crude Flexibility Project (CFP) valued at more than $500m in Ruwais, UAE.
If the energy industry learned anything in 2017, it was that energy systems are highly vulnerable to damage from hurricanes, wild fires and other natural disasters and work should be done to make the world’s electric grids much more resilient.
If the energy industry learned anything in 2017, it was that energy systems are highly vulnerable to damage from hurricanes, wild fires and other natural disasters and work should be done to make the world’s electric grids much more resilient.
The offshore wind market does not see as much capacity installed in a given year as its onshore counterpart. Despite that, the sector is showing higher growth rates and steady success at reducing financial risk and cost.
The offshore wind market does not see as much capacity installed in a given year as its onshore counterpart. Despite that, the sector is showing higher growth rates and steady success at reducing financial risk and cost.
Renewable energy capacity increases faster than any other technology, as clean energy has never seen such high demand. A decline in investment is not due to a lack of interest, but more significantly, a considerable drop in the costs of green energy technology.
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