Energy Update
Some really interesting developments are taking place in the Indian solar space. Module prices are hardening and there is talk of Discoms reneging on previous high tariff power purchase agreements (PPA) in light of declining tariffs, while developers are reportedly seeking to exit low tariff commitments in light of rising module prices. It’s all happening there!
(Fri, 22 Sep 2017) To document industry changes and improve data series on petroleum product shipments, EIAâs most recent <em>Petroleum Supply Monthly</em> includes new information on petroleum coke and asphalt movements by rail within the United States and to and from Canada. Similar to EIAâs petroleum and biofuel rail movement data, the new monthly data include rail movements dating back to January 2010.
In a letter today to U.S. International Trade Commission Chairman Rhonda Schmidtlein, a group of veterans and former defense energy professionals urged the ITC to consider carefully U.S. Department of Defense energy security and resiliency efforts before making a decision this week in the Suniva/SolarWorld trade case.
Morgan Stanley and Citigroup Inc. announced they will get all of their energy from renewables in a few years, another show of corporate support for climate action running counter to U.S. President Donald Trump’s view on the issue.
On September 22, 2017, the International Trade Commission is set to make a decision on an important case for the solar industry. I talked with Bracewell Policy Resolution Group Energy Expert, Frank Maisano who is also a spokesperson for the Energy Trade Action Coalition about the possible outcomes of the case.
The government of Kyrgyzstan announced yesterday that it will “terminate the agreement unilaterally” for contracts with Liglass Trading to build 12 hydroelectric power plants, citing the company’s failure to make a US$37 million payment as part of the agreement.
Despite its legislation calling for mechanisms to support offshore wind development, New Jersey has yet to realize that promise, but that could change this fall with the election of a new governor.
(Thu, 21 Sep 2017) Growth in global liquid fuels supply since March 2017 has been driven by increases in the production of historically higher-priced light crude oils. This growth has more than offset recent declines in the production of medium and heavy crude oils. As these production trends continue, price differences between certain crude oils are narrowing, and refinery operation decisions are changing.
Honeywell’s UOP Russell business has secured a contract from Cureton Midstream to develop a cryogenic gas processing plant in the US.
Technicians who put their lives on the line by working on tall towers in remote locations need more than just top-quality safety gear and information about how to use it. They also need a plan for what happens if the unthinkable occurs.
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