Energy Update

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On Wednesday, January 24 during a DistribuTECH networking breakfast, panelists — 3 women from the energy industry — described how they had overcome challenges and made sure that their careers advanced in the directions that they wanted to go.

Gold has started on solid footing in 2018, even in the face of soaring equity markets and interest in cryptocurrency Bitcoin; bullion has been impressing many, and lining the pockets of many others.

(Thu, 25 Jan 2018) In its latest <em>Short-Term Energy Outlook</em> (STEO), EIA expects the Henry Hub natural gas spot price to average $2.88 per million British thermal units (MMBtu) in 2018 and $2.92/MMBtu in 2019, slightly lower than the 2017 average of $2.99/MMBtu. Lower prices in 2018 and 2019 reflect EIA’s expectation of increased natural gas production and relatively flat consumption.

Air Products has signed an agreement to build, own and operate a new syngas production facility in India for Bharat Petroleum Corporation Limited (BPCL).

DOE’s authority to engage in transmission line siting and development has now survived its first legal challenge, but the future of the Plains & Eastern project remains uncertain.

BP Plc is considering a bid for one of Italy’s largest collection of solar assets, according to people familiar with the matter.

Nevada-based geothermal developer Ormat Technologies Inc. today said it will buy U.S. Geothermal Inc. for about $110 million.

(Wed, 24 Jan 2018) As one of the first technologies used to generate electricity, hydroelectric power has historically provided the largest share of renewable electricity generation in the United States. However, this year EIA expects wind power to surpass hydroelectricity, based on forecasts in the latest <em>Short-Term Energy Outlook</em>.

Today the focus is completely on the solar tariffs, approved by President Trump on Monday January 22. We’ll discuss what we know will happen now that the U.S. will be adding tariffs to imported solar modules and we’ll discuss what won’t happen as a result of these tariffs. What will pricing look like at the end of 2017? Will the solar industry crash and burn? Watch and find out.

A microgrid at Blue Lake Rancheria, a tribal reservation in northern California, was the winner of the Distributed Energy Resource Integration 2018 POWERGRID International and DistribuTECH Project of the Year in San Antonio, Texas, today.

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Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.