Energy Update

You are here

Home » Global Read

Avangrid Winning Bidder in North Carolina Offshore Wind Energy Area Auction

U.S. Secretary of the Interior Ryan Zinke and Bureau of Ocean Energy Management (BOEM) Acting Director Walter Cruickshank yesterday said that a wind energy area of 122,405 acres offshore Kitty Hawk, N.C. received the high bid of $9 million from Avangrid Renewables, the provisional winner in a competitive lease sale in federal waters. 

Increasing exports contribute to large draw on propane inventories this winter

(Fri, 17 Mar 2017) U.S. propane inventories, which had been above historical norms since mid-2014, declined by 59 million barrels from the beginning of October 2016 through early March 2017, the largest decline on record for this period, despite unseasonably mild temperatures.

A Longer Look at Long-duration Energy Storage

According to a recent report "Beyond Four Hours: The Transition to a More Flexible, and Valuable, Long-duration Energy Storage Asset," 80 percent of market participants define long-duration energy storage (LDS) as an asset than can provide at least 3 hours of energy storage. But even that definition of LDS was not the same for everyone, according to Jason Deign, author of the report.

Beach Energy to begin conventional gas exploration at Otway basin in South Australia

Beach Energy has commenced preparations for drilling a conventional onshore gas exploration well in the Penola Trough, Otway Basin in South Australia.

Siemens low wind power prototype turbine installed in Drantum

Siemens' new direct-drive low wind turbine has reached the prototype testing stage. The onshore model SWT-3.15-142, with a rotor diameter of 142 meters passed prototype approval and was erected at the Drantum wind test site in Jutland, Denmark.

Google's Schmidt Highlights Promise of New Battery from John Goodenough

The 94-year-old creator of the lithium-ion battery has invented another breakthrough storage device that’s capturing the attention of industry heavyweights.

Sunrun Sees 1,000 Orders for Solar+storage in California, Hawaii

Sunrun has received about 1,000 orders for its recently launched BrightBox solar plus energy storage solution in California and Hawaii, Sunrun co-founder and CEO Lynn Jurich said during a March 8 4Q16 company earnings call.
 

Sunnova Enters Tax Equity Market with $80M Deal

Residential solar provider Sunnova Energy Corp. this week said it has entered the tax equity market through a funding deal with U.S. Bancorp Community Development Corp. 

Dakota Access Pipeline races to start moving Bakken crude

Oil will likely flow through the Dakota Access Pipeline under Lake Oahe in North Dakota early next week and will start commercial service soon thereafter.

U.S. ethanol exports rise 26% in 2016 to second-highest level on record

(Thu, 16 Mar 2017) The United States exported more than 1 billion gallons (68,000 barrels per day) of fuel ethanol in 2016, an increase of 26% from export levels in 2015. U.S. imports of ethanol, which are relatively much smaller, decreased by 60% to 36 million gallons in 2016.

Pages

GET IN TOUCH

  • 1875 I Street NW, International Square, 
       Washington, District Of Columbia, 20006
  • Phone: +1 (888) 317-3839
  • Email: info@mglllc.com

About

Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.

Photos