Energy Update
My discomfort with the largely Republican reform measures of H.R. 5 and H.R. 26/S.21 is the seeming refusal to undertake a dispassionate and measured review leading to proposed recommended revisions. The presumptions—that federal regulatory actions are capricious, dismissive of the costs incurred by the private sector and more appropriately the purview of the industries being regulated—are an over generalization.
Apple Inc. agreed to buy the output from a proposed 200-MW solar farm in Nevada to help power a data center in Reno.
A state of the art test platform is being established at the Fraunhofer Institute for Wind Energy and Energy System Technology in Bremerhaven, northern Germany.
While the EU has seen a remarkable increase in offshore wind, a Swedish project in the Baltic Sea has been cancelled due to a growing threat from Russia. What would have been a gigantic two-nuclear-plant-sized (2 GW) offshore wind farm in the Baltic Sea; Blekinge Offshore AB was denied its permit in December due to recent heightened tensions in the region.
America’s power grid is a complex network of power plants and transformers connected by more than 450,000 miles of transmission lines. As a major clean energy contributor, U.S. hydropower plays an important role today for both electricity generation and energy storage. For more than 100 years, U.S. hydropower has been an important source of low-cost, low-emissions renewable energy.
Would you believe that there are now more people working in the solar industry than at oil rigs and gas fields? With a 20 percent increase in size, the solar industry added more than 35,000 jobs — making about 209,000 solar energy employees working in the U.S. alone.
(Thu, 26 Jan 2017) Yesterday the U.S. Department of Energy's (DOE) Office of Fossil Energy awarded contracts for the first of several sales of crude oil from the Strategic Petroleum Reserve (SPR). A Continuing Resolution enacted in December 2016 included a provision for DOE to sell up to $375.4 million in crude oil from the SPR. This sale will be the first of several planned sales totaling nearly 190 million barrels during fiscal years 2017 through 2025.
TransCanada has submitted a Presidential Permit application to the US Department of State for approval of the Keystone XL (KXL) Pipeline.
Germany-based entrepreneurial firm, Aquila Capital, opened an office this month in Oslo, Norway, to coordinate investment and transaction management as well as operations in the hydropower sector.
A high degree of correlation between various regional and global crude oil crude benchmarks can show how relationships have changed over the past year.
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