Energy Update
(Thu, 26 Oct 2017) South Africa produces small amounts of crude oil and natural gas and must rely on its domestic coal production to fuel its electricity sector and crude oil imports to feed its refineries. Additionally, South Africa has one of the worldâs largest synthetic fuels industries and uses proprietary technology to convert coal and gas to liquid.
It has been a tough couple of weeks for Saudi Aramco. Recent anonymously sourced reports of the company’s planned initial public offering have painted a chaotic picture of delay and indecision behind the scenes.
On Tuesday October 24 at AWEA’s Offshore Wind Conference, Lieutenant Governor Kathy Hochul highlighted three reasons that she believes New York will become the global hub for offshore wind and Statoil announced that it has named its project Empire Wind.
The Africa Oil Week conference in Cape Town got a taste of Texas or even a little slice of Hollywood this month, as the
presence of US Secretary of Energy Rick Perry as guest of honor, perplexed yet impressed the conference delegates.
The Board of Directors of the Caribbean Development Bank (CDB) has approved the use of USD325,500 by CDB for the benefit of the Government of St. Kitts and Nevis to identify environmental and social impacts in the design of a geothermal energy (GE) exploratory test-drilling project.
In 2013, the California Independent System Operator published a chart that is now commonplace in conversations about large-scale deployment of solar PV power. The duck curve—named after its resemblance to a duck—shows the difference in electricity demand and the amount of available solar energy throughout the day.
The biggest U.S. grid operator is asking regulators to reject Energy Secretary Rick Perry’s plan to prop up ailing coal and nuclear plants. "I don’t know how this proposal could be implemented without a detrimental impact on the market," Andrew Ott, who heads up PJM Interconnection LLC, told reporters by phone Monday.
(Wed, 25 Oct 2017) Global natural gas consumption is expected to grow from 340 billion cubic feet per day (Bcf/d) in 2015 to 485 Bcf/d by 2040, primarily in countries in Asia and in the Middle East, based on projections in EIAâs latest International Energy Outlook 2017 (IEO2017). China accounts for more than a quarter of all global natural gas consumption growth between 2015 and 2040.
Stories are floating around the bunker press at the moment highlighting the darker side of the industry, just when it's trying to improve its reputation. Jack Jordan blogs.
On Tuesday October 24, 2017 at the AWEA Offshore Wind Conference, wind turbine manufacturer MHI Vestas announced that it is making a $35 million investment with Clemson University to test its newest 9.5-MW gearbox at Clemson’s facility in Charleston, SC. The investment comes with a five-year contract and is an important first step for the manufacturer as it eyes the U.S. market.
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