Energy Update
NEAT refers to our recently launched North East Asia Thermal (NEAT) coal index. Since its inception in early January, the daily index has tracked the value of thermal coal cargoes arriving into the markets of Japan, Korea and Taiwan.
U.S.-based Rye Development and GridAmerica have acquired the Swan Lake North pumped-storage hydroelectric plant from EDF Renewable Energy.
On wind-swept ridgelines, surrounded by pine-beetle ravaged forests, the massive turbines at British Columbia’s largest wind power project have started turning. The Meikle Wind project, built by Pattern Development, will increase wind power capacity in the province by more than one third
Santa Monica, Calif.-based SolarReserve this week said it has received environmental approval from the Chilean government to build the Tamarugal concentrating solar power project in the Tarapacá region of Chile.
Nigeria, Africa’s biggest oil exporter, may be about to turn sunward to generate more of its power. Senators in the capital of Abuja are debating allocation of $30 million to solar projects in this year’s budget, according to the Renewable Energy Association of Nigeria.
(Thu, 09 Mar 2017) Warmer than normal weather throughout much of the United States resulted in the first recorded net natural gas injection during a week in February since weekly storage data has been collected. For the week ending February 24, the amount of natural gas in storage in the Lower 48 states increased 7 billion cubic feet (Bcf).
The partnership between Manitoba Hydro and four First Nations via the Keeyask Hydropower Limited Partnership (KHLP) announced a significant increase in its control budget and a revised commissioning date for the 695-MW Keeyask Generating Station in a statement on March 7.
Europe is a diminishing industrial power and its steel sector has reflected that, declining to just 10% of global production in 2016.
Dynagreen Environmental Protection Group will build nine new waste-to-energy (WTE) plants in China by 2018 with the support of new funding from the Asian Development Bank (ADB).
If you are in LNG today, you want to be in Asia, the world’s biggest market for the fuel. While there is opportunity, though, there also is uncertainty.
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