Energy Update
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.
With much higher volume manufacturing, prices for solar panels have come down tremendously over the past 20 years — from about $1,000 each to less than $200. But solar panels are still very time consuming to install on a roof in a way that will last 25+ years without leaks. The majority of this rooftop work is on the flashings, roof hooks, and special roof mount components.
A new solar collector is starting a trend when it comes to concentrating solar power (CSP) technology. For the first time ever, “ganged heliostats” could be a viable option for new CSP systems.
On Tuesday, September 17 at Yale University, Leonardo DiCaprio announced that his foundation was providing $20M in a portfolio of grants to more than 100 organizations working to preserve habitats, defend indigenous rights and support innovative grassroots efforts aimed at combatting climate change and solving complex environmental issues.
Industrial lithium-ion energy storage provider PBES last week said it has signed a partnership agreement with Norwegian Solar AS for the supply of containerized storage solutions for deployment in the U.S. and Saudi Arabia.
Despite devastating hurricanes, internal rates of return (IRR) increased across the board due in large part to higher natural gas liquids (NGLs) prices.
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