Energy Update
OPEC compliance with oil output cut goals appears to have been good, with cold weather and natural declines adding to reductions from non-OPEC producers.
(Mon, 06 Mar 2017) Installed wind electric generating capacity in the United States surpassed conventional hydroelectric generating capacity, long the nationâs largest source of renewable electricity, after 8,727 megawatts (MW) of new wind capacity came online in 2016.
The Directors of Armour Energy announced that Armour has executed a Connection Agreement with APA Group to gain access to Roma Brisbane Pipeline at Wallumbilla, Queensland, Australia.
LGO has confirmed that well GY-682 was spudded at the Goudron Field in eastern Trinidad.
Tanager Energy announced the completion of drilling activities, logging and open hole testing of its Raptor B #1 appraisal well.
In this ongoing series, we consider the price averages for some key Platts commodity benchmarks since Trump became president on January 20.
Supercritical carbon dioxide power cycles have the potential to reduce the cost of concentrating solar power by substantially improving the efficiency of converting high temperature solar heat into electricity. Through three SunShot Initiative-funded projects and six years of steady progress, GE Global Research and Southwest Research Institute have taken major steps toward commercializing the technology.
Alberta’s residential solar industry has chugged along for decades without government support. That dry spell finally drew to a close on Monday, when the provincial NDP government announced a two-year, $36 million rebate program to help bring down the costs for residents, business and nonprofits who want to install solar projects.
Ormat Technologies plans to begin commercial operations this month for the first phase of the Sarulla geothermal plant in Indonesia, Ormat CEO Isaac Angel said during a March 1 company earnings call.
The good news for Oklahoma is that the number of earthquakes stronger than magnitude 2.7 that hit the state fell by more than a third in 2016. But what of the bad news?
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