MIL-OSI Energy: Sightline/IEEFA report: U.S. fracking industry posts disappointing Q4 results
Source: Institute for Energy Economics and Financial Analysis More red flags point to industry in decline March 19, 2019 (Sightline/IEEFA) — Record-setting oil and gas production in Q4 did not lead to corresponding financial success. To the contrary, U.S. fracking-focused companies “spilled alarming volumes of red ink in 2018,” according to a report released today […]
Read More →MIL-OSI Energy: Canadian pension fund, Williams form pipeline entity targeting Marcellus and Utica basins
Source: Institute for Energy Economics and Financial Analysis Reuters: Canada Pension Plan Investment Board is expanding its presence in the North American natural gas market through a $3.8 billion joint venture with U.S. energy firm Williams Cos Inc, which will hold pipeline assets in the Marcellus and Utica shale basins, the biggest gas-producing region in […]
Read More →MIL-OSI Energy: African Development Bank to boost renewable energy funding
Source: Institute for Energy Economics and Financial Analysis Financial Times ($): Renewable energy, particularly solar power, is the key to driving economic development in Africa and combating climate change, the president of the African Development Bank said, whilst committing to $25 billion in new climate financing between 2020 and 2025. “Africa has 11 terawatts of […]
Read More →MIL-OSI Energy: GE begins testing of innovative two-piece onshore wind turbine blade
Source: Institute for Energy Economics and Financial Analysis ReNews.Biz: A prototype of GE’s 5MW-plus Cypress onshore wind turbine platform has started operating for the first time at a site in the Netherlands. Installation of the 5.3MW machine started late last year at Wieringermeer and the unit is now generating electricity at full-power, the company said. […]
Read More →MIL-OSI Energy: Grid-scale battery storage begins to take hold in India
Source: Institute for Energy Economics and Financial Analysis Greentech Media: India is finally seeing the emergence of a grid-scale energy storage market after years of anticipation. This month the Solar Energy Corporation of India (SECI) invited bids for 3.6 gigawatt-hours of storage connected to 1.2 gigawatts of solar on India’s interstate transmission system, the biggest […]
Read More →MIL-OSI Energy: Experts: State efforts to bolster coal industry can’t stop the market
Source: Institute for Energy Economics and Financial Analysis S&P Global Market Intelligence ($): Several state legislatures took up bills aimed at boosting coal during their 2019 sessions, but industry observers said the efforts will do little to turn the tide for the struggling sector. While some producers have been able to take advantage of strong […]
Read More →MIL-OSI Energy: IEEFA report: Powder River Basin coal industry is in long-term decline
Source: Institute for Energy Economics and Financial Analysis Fast-changing markets indicate deeper downturns to come in Montana and Wyoming March 18, 2019 (IEEFA U.S.) — Coal producers in the Powder River Basin continue to lose customers as utilities across the U.S. embrace a shift toward cleaner and cheaper forms of power generation, according to a report […]
Read More →MIL-OSI Energy: Norwegian developer plans Europe’s largest subsidy-free onshore wind farm
Source: Institute for Energy Economics and Financial Analysis You are here: Home » Subject » News » Norwegian developer plans Europe’s largest subsidy-free onshore wind farm Windpower Monthly: Developer Norsk Vind Energi (NVE) has submitted plans for a 1.5GW wind farm in western Norway that could be the largest project in Europe. NVE plans to […]
Read More →MIL-OSI Energy: Out of bankruptcy, Westmoreland Coal becomes Westmoreland Mining
Source: Institute for Energy Economics and Financial Analysis Power Magazine: Westmoreland Coal Co., the nation’s largest independent coal producer, announced March 15 that it has emerged from Chapter 11 bankruptcy and will operate as a new, privately held company. The company, headquartered in Englewood, Colorado, near Denver, said its assets, including three mines in Montana, […]
Read More →MIL-OSI Energy: German researchers study reusing country’s coal facilities as thermal storage units
Source: Institute for Energy Economics and Financial Analysis Greentech Media: The German Aerospace Center (Deutsches Zentrum für Luft- und Raumfahrt or DLR) is investigating whether Germany’s coal plants could be reused as energy storage assets. The research body, which has a track record in concentrated solar power (CSP) development, is planning a pilot that will […]
Read More →