Energy Update
(Mon, 13 Mar 2017) Conventional hydroelectric generators account for 7% of the operating electricity generating capacity in the United States and about 6% to 7% of U.S. electricity generation each year. Conventional hydroelectric plants are different from pumped-storage facilities, which produce electricity from water previously pumped to an upper reservoir.
For companies, future planning is simply good business. This is why many in Corporate America — having long accepted that climate change is real — are continuing to transition towards low-carbon energy options and to work with the U.S. Environmental Protection Agency.
E.ON North America will co-locate its Texas Waves energy storage projects with the company’s existing Pyron and Inadale wind farms in West Texas.
Siemens is collaborating with U.S.-based SkySpecs to deploy automated drone technology for onshore and offshore wind turbine inspections.
Subsidies plummeted in the first of six tender rounds for large-scale ground-based solar power in France, results published by the energy ministry on Thursday showed. This is likely to squeeze profits for other sources of electricity as the cost of generation from ground-based solar comes close to parity with combined-cycle gas turbines (CCGTs).
Tesla Inc. has completed a solar project in Hawaii that incorporates batteries to sell power in the evening, part of a push by the electric car maker to provide more green power to the grid.
Fortum last week said it has installed a lithium-ion battery storage system in conjunction with its biomass plant in Jarvenpaa, Finland.
At the Crude Oil Quality Association meeting in New Orleans, an overflowing room of oil industry participants had plenty of questions for US Department of Energy economist Kenneth Vincent.
(Fri, 10 Mar 2017) The method for assessing the Brent global benchmark crude oil price is scheduled to change in 2018. The Brent price benchmark reflects transactions involving physical cargoes of several specific grades of crude oil in the North Sea, located between the United Kingdom and Norway.
Amec Foster Wheeler announced the award of a contract by Petrochemical Industries Company (PIC), a subsidiary of the Kuwait Petroleum Company (KPC), for the integration project between its Olefins III, Aromatics II and ZOR Refinery in the State of Kuwait.
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