Energy Update
Senex Energy announces it has commenced its Phase 2 drilling campaign in the Surat Basin on its flagship Western Surat Gas Project.
According to the results released last week of an independent breach analysis by North Carolina Dam Safety, property damage from a failure of the hurricane-damaged Woodlake Dam, located on the Lower Little River in Vass, N.C., could be in excess of US$260 million.
The lights of the high-end boutiques and bars of Tokyo’s Ginza neighborhood may someday be powered by wind farms or coal burned more than 1,700 miles away (2,700 kilometers) in Mongolia, electricity zipping over ultra-high voltage lines across deserts and under seas.
The U.K.’s search for 100 billion pounds (US$127 billion) to maintain electricity supplies is likely to become tougher after the Conservative government lost its parliamentary majority in an election last week.
A collaborative initiative from London-based Carbon Trust will bring together a group of energy companies to investigate use cases for energy storage that will help cut costs associated with integrating wind energy into the UK power grid.
Dubai Electricity & Water Authority announced today it has awarded a US$15.8 million consultancy contract to France’s EDF for the US$523 million 250-MW pumped-storage project at Hatta Dam, located in Dubai, United Arab Emirates.
A letter signed today by five renewable energy associations urges Congress to oppose the $1.7 billion cut to the U.S. Department of Energy’s (DOE) FY18 budget proposed by the Trump Administration.
I recently came across an article highlighting subdued M&A activity in the Indian solar space as it appears buyers are now reluctant to acquire older projects with high tariffs due to perceived curtailment and/or tariff revision risk! I guess this means the latest solar tariffs may not be so irrational after all.
Pinnacle Midstream has started the engineering and construction on the Sierra Grande gas processing facility in the Culberson County, Texas, US.
(Tue, 13 Jun 2017) At the end of May, Exelon, the owner of the Three Mile Island Nuclear Generating Station in southeastern Pennsylvania, announced its intention to retire the plant in 2019 unless the company is given assistance by the state to help keep the plant financially viable. Exelonâs announcement marks the sixth announced nuclear retirement in the past seven years.
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