Energy Update
The shipping industry looks set to be shaken up by the International Maritime Organization’s decision to cut global bunker sulfur limits to 0.5% in 2020. Jack Jordan elaborates.
The Louisiana Offshore Oil Port is marketing a revised specification for oil stored in one of its eight underground caverns. John-Laurent Tronche has the latest.
(Tue, 22 Aug 2017) In July 2017, Mexicoâs national energy ministry (SENER) opened the onshore portion of the Burgos Basin, a shale-rich basin in northeastern Mexico, for natural gas exploration and development by private companies. This is the first time non-state entities were offered access to the Burgos Basin for development since the creation of the national oil company Petróleos Mexicanos (PEMEX) in 1938.
Microsoft and Halliburton has announced plans to enter into a strategic alliance to drive digital transformation across the oil and gas industry.
Today’s topics an update on the growth of the global solar market, the future of energy storage and how utilities learned from and prepared for the solar eclipse. Plus an update on the trade case.
Argentina’s next renewable power auction will be half the size of last year’s because of an infrastructure bottleneck slowing down the ability to add capacity.
Solar power projects bid at low tariffs may be at risk as the prices of photovoltaic panels have risen amid a push in the U.S. to impose anti-dumping duty on cheaper imports from China.
The Home Depot last week said that it will use power purchase agreements to lease rooftop space for 50 of its stores. The company is working with GE subsidiary Current and Tesla on the project.
Calpine Corp. on Friday said that a consortium of investors will buy the geothermal and natural gas electricity supplier for $5.6 billion. Energy Capital Partners along with a consortium of investors led by Access Industries and Canada Pension Plan Investment Board have agreed to pay $15.25 per share in cash for the company.
To say the engineering that goes into the platform design for an offshore wind farm is “complicated” would be laughable at best. “Complicated’ barely scratches the surface of the hundreds of hours of work that goes into designing a structure to support a tower that will stand some 100-200 meters high in the ocean for 20+ years, be subjected to enormous wave and wind loads over those two and half decades and oh, not to mention, generate electricity all the while.
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