Energy Update

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In the early days of solar, its proponents claimed that the technology was simple to install and did not require maintenance. Consequently, a significant number of early small solar installations were neither monitored nor serviced regularly. 

The UK generates more electricity from offshore wind than any other country, meeting 5 percent of total national demand. That figure is likely to grow, with the sector predicted to be worth just under £3B [US $3.9B] to the UK economy by 2030.

Transitioning to the energy landscape of the future is oftentimes distilled down to a rise in renewable power generation. But the reality is that myriad industries are evolving and contributing to the foundations of a cleaner future. 

Singapore-based Keppel Seghers Belgium N.V. today said that it will supply incineration technology and services worth US$14.6 million to two waste-to-energy projects in China.

The Abu Dhabi National Oil Company (ADNOC) has entered into a framework agreement with Borealis to expand their petrochemical operations in the Ruwais region.

Wind and solar power don’t pose a significant threat to the reliability of the U.S. power grid, U.S. Department of Energy staff members said in a draft report, contradicting statements by their leader Rick Perry.

Panasonic Corp. sees the future of solar on car rooftops. The Osaka-based electronics maker has started producing a 180-watt array of solar cells that can be fixed to the roof of an automobile.

Favorable price differentials are leading to growing US crude exports from the Gulf Coast, which in turn is helping to fuel an infrastructure buildout.

There are many contributing factors that are causing US oil prices to remain suppressed.

(Mon, 17 Jul 2017) In the latest <em>Short-Term Energy Outlook</em> (STEO), EIA forecasts that the U.S. retail price for regular gasoline will average $2.38 per gallon (gal) this summer (April through September). If realized, it would be the second-lowest summer average gasoline price since 2005.

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