CCS option
The UK is unlikely to have the appetite to subsidize both new nuclear and CCS, but CCS has failed on a commercial level in the UK.
The UK is unlikely to have the appetite to subsidize both new nuclear and CCS, but CCS has failed on a commercial level in the UK.
(Tue, 06 Sep 2016) The mix of energy sources used for power generation in California this summer changed from last summer, as renewables and imported electricity offset lower natural gas use. During summer 2016 (June, July, and August) thermal generation (almost all from natural gas) in the area serviced by the California Independent System Operator (CAISO) was down 20% from the previous summer, while generation from hydroelectricity, other renewables, and electricity imports was higher than the same period last year.
Skimming along the surface of Japan’s crude import numbers gives an impression that the pendulum has swung back in favor of Middle Eastern crudes.
Some oil majors were caught off guard by shale and have of late struggled to maintain a foothold in many parts of the world, but its relevancy continues.
Last week’s announcement by US company Apache of a major find in West Texas’ Permian Basin seemed to vindicate recent optimism about shale.
A recent flurry of progress on pipeline plans and field approvals in East Africa means Kenya is set to become the region’s first oil exporter.
One might expect hot weather drives demand, which in turn, translates over to power prices. However, that was not the case in many parts of the US recently.
Kenya plans to start exporting its first crude from mid-2017 as the country pushes ahead with a planned export pipeline.
The sugarcane harvest in Brazil’s key sugar producing Center-South region has likely reached its peak through August.
Nigeria's main four crude grades -- Qua Iboe, Bonny Light, Brass River and Forcados -- are currently on force majeure due to militant attacks.