Energy Update

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In the US, thermal coal is facing a long-term decline in demand, but don't forget that a significant amount of electricity consumed is still fueled by coal.

Researchers have developed a solar paint that can absorb water vapour and split it to generate hydrogen — the cleanest source of energy.

Chancellor Angela Merkel’s coalition is widening access to the solar power market for people who rent their homes in a move to boost green power’s expansion in an election year.

On Wednesday, June 28, Zentech Inc. and Renewables Resources International (RRI) announced their intention to deliver the first Jones-Act-compliant, four legged, self-propelled dynamically-positioned level 2 (DP2) jack-up vessel to the emerging U.S. offshore wind industry.
The vessel will be based on a US-built barge. Zentech plans to install four truss legs with spud cans, a proven oil and gas design, and integrate them into a newly built hull.

A new biomass plant under construction in Georgia highlights the challenging economics of the technology, even in a state so rich in forestry waste it exports it to other countries.

The world’s biggest offshore wind developer said construction delays on key electricity cables that will take North Sea wind power to Germany’s industrial heartland risk undermining the confidence of investors in new projects.
 

(Fri, 30 Jun 2017) EIA just held its annual energy conference in Washington, DC on June 26 and 27. More than 900 attendees from business, industry, academia, and government were on hand to discuss a wide range of energy issues.

Eni Norge AS (Eni Norge) has received consent to perform manned underwater operations on the Goliat field.

Petro River Oil Corp (Petro River Oil), an independent oil and gas exploration company announced the spudding of the Chardonnay 47X-35 exploration well (the “Chardonnay 47X”) in the Grapevine prospect in Kern County, California this week.

Statoil ASA (Statoil) has received consent to drill an exploration well in block 7435/12 in the Barents Sea.

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