Archive for November, 2017

Chile tender sets new record low for wind, solar power generation tender

Chile tender sets new record low for wind, solar power generation tender

Tender is a 75% drop from peak of $130/MWh of 2013 tenders Verano Capital, an American project developer headquartered in Santiago, announced the 47 MW solar project they initially developed was selected in Chile’s latest energy tender with a winning bid at 25.38 $/MWh, the lowest 24/7 block price combining solar and wind ever recorded in the […]

By November 30, 2017 0 Comments Read More →
Is $60 oil a new normal for the industry? – IEA

Is $60 oil a new normal for the industry? – IEA

Strong demand in oil still expected in the short term Oil Market Report, International Energy Agency The events in Saudi Arabia have added extra momentum to the rally that has driven oil prices from lows of $45/bbl (Brent) in late June to around $63/bbl recently, according to the International Energy Agency. To date, we have […]

By November 30, 2017 1 Comments Read More →
Trudeau gov’t supports Trans Mountain appeal to NEB

Trudeau gov’t supports Trans Mountain appeal to NEB

Trans Mountain appealed to NEB over local permits for project Canada’s Minister of Natural Resources, Jim Carr released a statement Wednesday supporting Kinder Morgan’s appeal to the National Energy Board over obtaining local permits required for construction of the Trans Mountain Pipeline Expansion. “The Government has taken an important step to ensure that when a […]

By November 29, 2017 2 Comments Read More →
City of Vancouver, FortisBC team up on renewable natural gas, study criticizes city’s ‘bad policy’

City of Vancouver, FortisBC team up on renewable natural gas, study criticizes city’s ‘bad policy’

Likely impossible for City of Vancouver to meet targeted renewable gas consumption levels by 2050, study says FortisBC and the City of Vancouver announced that they signed a Memorandum of Understanding (MOU) to team up on climate action projects to reduce GHG emissions and increase investment in energy efficiency and renewable energy, while maintaining access […]

By November 29, 2017 0 Comments Read More →
BMW looking for partners to develop small EVs

BMW looking for partners to develop small EVs

Technical challenges associated with small EVs German automaker BMW says it is in talks with other automakers in an effort to find partners to develop an electric Mini, according to a Reuters report. “We are talking to many OEMs (manufacturers) around the world, not only in China, (about) how to electrify smaller cars,” said BMW […]

By November 29, 2017 0 Comments Read More →
Oil prices drop on rising US output, OPEC meeting

Oil prices drop on rising US output, OPEC meeting

Oil prices fall despite decline in US crude stocks Oil prices fell on Wednesday in volatile trading as OPEC ministers offered conflicting statements on the possible extension of the OPEC supply cut agreement one day before the cartel meets in Vienna. By the end of the session, benchmark Brent futures had fallen by 50 cents […]

By November 29, 2017 0 Comments Read More →
Column: Key issues for OPEC oil ministers meeting in Vienna

Column: Key issues for OPEC oil ministers meeting in Vienna

OPEC ministers must reassure bullish investors, calm fears of a price spike By John Kemp LONDON, Nov 29 (Reuters) – Ministers from the Organization of the Petroleum Exporting Countries and their allies meeting in Vienna on Thursday must make a series of fairly straightforward decisions but weigh the risks carefully. Ministers must consider six basic […]

By November 29, 2017 0 Comments Read More →
Alberta’s first electric vehicle charging corridor created by ATCO and partner

Alberta’s first electric vehicle charging corridor created by ATCO and partner

Level 3 fast-charging, dual Level 2 charging stations being installed at Canadian Tire Gas+ locations in Calgary, Red Deer, Edmonton ATCO Group and FLO announced a partnership to bring the first Electric Vehicle Universal Fast Charge Corridor to Alberta, according to a press release. The initiative also collaborates with Canadian Tire and Natural Resources Canada. Alberta has […]

By November 29, 2017 0 Comments Read More →
Alberta Govt says economy up, budget deficit down but DBRS downgrades credit anyway

Alberta Govt says economy up, budget deficit down but DBRS downgrades credit anyway

Province extending salary freeze 18 months for management, non-union employees The Alberta government now forecasts the economy will grow by four per cent in 2017, up from the 2.6 per cent forecast at budget and 3.1 per cent at first quarter, according to an Alberta government press release. But credit agency DBRS announced Wednesday that […]

By November 29, 2017 0 Comments Read More →
Wind turbine heights and capacities have increased over past decade

Wind turbine heights and capacities have increased over past decade

 Five states combined produced 55% of total U.S. wind electricity generation in 2016 Wind turbines in the United States have grown in both average heights and capacity over the past decade, according to data on utility-scale electricity generators collected by EIA. Wind turbine capacity is based largely on the length of the blades, and taller turbines are […]

By November 29, 2017 0 Comments Read More →