Energy Update
(Mon, 05 Jun 2017) The North American Electric Reliability Corporation's (NERC) recent <em>2017 Summer Reliability Assessment</em> finds that there are enough resources to meet this summer's projected peak electricity demand in all areas of the country.
A joint venture involving Amec Foster Wheeler has been awarded a five-year Engineering Master Services Agreement (MSA) by Arrow Energy to support its Coal Seam Gas (CSG) development and production in Queensland, Australia.
Baker Hughes and General Electric Company (GE) announced the executive team that will lead Baker Hughes, a GE Company upon closing of their proposed transaction to combine GE’s Oil & Gas business with Baker Hughes.
Zenith Energy, the dual listed international oil & gas production company, has announced successful drilling to a depth of 3,050 meters at well M-195. A Neutron Log has subsequently been run which has confirmed a net oil payzone of 8 metres.
Swedish state-owned utility Vattenfall has announced a plan to restructure its hydroelectric power division in Germany by the end of 2019.
Energy storage services firm Stem Inc. is developing an aggregated fleet of customer-sited energy storage operating in Texas.
The California Senate on Wednesday passed a bill that would create a 10-year rebate program for the state’s local energy storage market. According to a bill analysis from the California legislature, SB 700 directs the California Public Utilities Commission (CPUC), by Dec.
Europe’s largest and the UK’s first battery flywheel system will be connected to the Irish and UK grids to help respond to energy demand as part of a new project involving engineers from the University of Sheffield, Schwungrad Energie, Adaptive Balancing Power and Freqcon.The €4 million euro project, with €2.9 million coming from the EU’s Horizon2020 scheme, will develop an innovative flywheel battery hybrid energy storage system aimed at stabilising pressure on the existing grid infras
The U.S. residential solar market is projected to contract in 2017 after at least 16 straight years of growth, reflecting a shift in sales strategies by some major installers and increasing pressure from utilities to adjust incentives.
As the U.S. offshore wind industry emerges, private and state actors alike are eager to establish critical port infrastructure. Clear strategy from the get-go, say stakeholders, can reduce costs and accelerate deployment of offshore capacity.
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