Energy Update
Rabigh Refining and Petrochemical Company (Petro Rabigh) said that ten out of 12 units of its $7bn Rabigh phase II petrochemical expansion project in Saudi Arabia have entered into production.
OPEC vs. US shale? Russia a fair-weather ally? We examine the common wisdom
(Mon, 08 Jan 2018) Driven largely by installations over the past three years, the electric power industry has installed about 700 megawatts (MW) of utility-scale batteries on the U.S. electric grid. As of October 2017, these batteries made up about 0.06% of U.S. utility-scale generating capacity.
Oilfield services provider Petrofac has bagged a Rotating Equipment Management Services contract in support of Chrysaor’s operations in the UK Continental Shelf (UKCS).
After years of criticism, the government of Brazil announced in January that it will end the era of building big hydropower dams in the Amazon. In an article in the O Globo newspaper, Paulo Pedrosa, Executive Secretary of the Ministry of Mines and Energy, said that the government has no prejudice against big hydro but that the costs and risks now outweigh the benefits.
Proposed net additions to generating capacity by utility-scale wind and solar in the U.S. could total 116 GW by December 2020 — effectively doubling their current installed capacity of 115.5 GW, according to the latest issue of the Federal Energy Regulatory Commission’s Energy Infrastructure Update, with data through Nov. 30, 2017.
A new group of microgrids has been proposed to help support Connecticut’s critical facilities in the event of an emergency. The proposals are part of the latest round of applications that were due Jan. 1 for funding under the state’s Department of Energy and Environmental Protection (DEEP) microgrid program.
In December 2017, a steering committee constituted in the wake of Hurricane Maria that devastated Puerto Rico wrote a report, "Build Back Better: Reimagining and Strengthening the Power Grid of Puerto Rico," for Gov. Andrew Cuomo, New York, Gov. Ricardo Rosselló, Puerto Rico, and William Long, Administrator of the U.S.
(Fri, 05 Jan 2018) Estimated U.S. natural gas demand on January 1, 2018 reached 150.7 billion cubic feet, surpassing the previous single-day record set in 2014, according to estimates from PointLogic. Much colder-than-normal temperatures across much of the United States have led to increased demand for heating, much of which is provided by natural gas.
(Fri, 05 Jan 2018) Sustained cold weather and high natural gas consumption pushing up spot natural gas and electricity prices.
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