Energy Update
Petrofac has received a front-end engineering design (FEED) modification contract from the KOGAS Akkas for the Nasiriya gas treatment plant in southern Iraq.
(Thu, 28 Sep 2017) U.S. nuclear power plant outages averaged 4.6 gigawatts (GW) during the summer of 2017 (June through August), 10% lower than outages during the summer of 2016. Nuclear outages were highest in June, averaging 7.4 GW, but then averaged 3.8 GW in July and 2.6 GW in August.
Saudi Arabia's monarch, King Salman al-Saud, issued an unexpected and emotional decree last night that will pave the way for Saudi women to finally start driving. Adal Mirza elaborates.
A long-standing concern of the energy industry has been growing Middle Eastern demand for its own oil and natural gas, supported by generous subsidies, which make fuel exceptionally cheap in the region.
First – SolarWorld and Suniva are not villains, nor would I call them victims. The current low prices in our industry are, unfortunately, the responsibility of all participants. We, as an industry, have celebrated the low prices for over a decade and have focused on ever cheaper prices without considering the effect of these prices on quality and manufacturing viability.
A new blockchain-based energy-sharing token has been launched in The Netherlands. Named the ‘Jouliette’, the new token aims to empower individuals and communities to easily manage and share locally produced renewable energy.
Wind energy observers worldwide took notice when Bloomberg News reported the contract price (September 11) for a U.K. energy auction: £57.50 ($77.76) per MWh — a 50 percent decline in recent offshore energy costs.
ABB yesterday said that it signed an agreement with energy storage firm Northvolt on a supply and technology partnership, including products and services for Northvolt’s planned lithium-ion battery factory in Sweden.
On September 26, 2017, in a letter to employees that was released on Twitter, James Dyson, founder of the company that created the famous vacuum and hand-dryers found in many airport bathrooms across the globe, announced that the company has set its sights on the electric vehicle (EV) market and plans to release a new car by 2020.
(Wed, 27 Sep 2017) Coal-fired electricity generation in China, the worldâs largest coal consumer, is expected to remain flat through 2040, according to EIAâs International Energy Outlook 2017 (IEO2017). Other fuels, such as renewables, natural gas, and nuclear power, are expected to make up increasing shares of Chinaâs electricity generation.
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