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Industry Seeks Allocation Of Larger Blocks For Commercial Coal Mining - The Financial Express

Offer for larger coal blocks for commercial mining by the private sector and a separate commodity exchange for the sector were identified by industry veterans as ways to bolster commercial coal mining in the country.
Read by 70% of LPs February 12, 2019

La Ditches Plans To Invest In Fossil Fuels Despite Experts Dire Warnings | The Daily Caller

The largest share of LA's energy mix comes from natural gas. : Los Angeles is ditching a plan to rebuild several natural gas plants on the coast, Democratic Mayor Eric Garcetti said Monday night, but experts warn the decision to scuttle the plan will likely cause more blackouts across the city. Staffers at the Los Angeles Department of Water and Power (DWP) argued in December that the aging Scattergood, Harbor and Haynes power plants are critical to keeping the lights on in the city. They argue that eliminating plans to rebuild and refurbish the plants could seriously impact the grid.
Read by 43% of LPs February 12, 2019

Los Angeles Ditches Plan To Invest Billions In Fossil Fuels, Mayor Eric Garcetti Says - Los Angeles Times

Los Angeles is abandoning a plan to spend billions of dollars rebuilding three natural gas power plants along the coast, Mayor Eric Garcetti said Monday, in a move to get the city closer to its goal of 100% renewable energy and improve air quality in highly polluted communities. The mayor's decision...
Read by 66% of LPs February 11, 2019

Transition To Renewables Shouldn't Cost Ratepayers >> Albuquerque Journal

Environmental groups, Gov. Michelle Lujan Grisham and even Public Service Company of New Mexico want us to believe their plans to rapidly increase renewable energy are cost-competitive. New Mexicans voted for change in 2018 and, as a result, there are legislative initiatives to raise the state's "renewable portfolio standard," or RPS, from 20 percent to [...]
Read by 51% of LPs February 10, 2019

Thermal Power Projects With Investments Worth Rs 2.5 Lakh Crore Facing Stress: Report - The Financial Express

This would involve augmenting coal supplies under the Scheme for Harnessing and Allocating Koyala (Coal) Transparently in India (SHAKTI) and medium-term/short-term power procurement by discoms to alleviate the sub-optimal plant load factors (PLFs), it stated.
Read by 61% of LPs February 06, 2019

Germany May Never Get A Natural Gas Boom

The natural gas industry is eager to see a jump in demand now that Germany has come up with a plan to end electricity generation by burning coal.
Read by 46% of LPs February 06, 2019

Joe Manchin Stands Up, Smiles, Gives Trump A Wink Of Approval During Sotu | The Daily Caller

Ocasio-Cortez sat in silence. : Democratic West Virginia Joe Manchin not only stood up, applauded and smiled when President Donald Trump touted booming American energy production, he gave the president a wink of approval. Manchin was one of the only Democrats to stand when Trump said "the United States is now the number one producer of oil and natural gas in the world." Manchin stood up in front of a group of female Democratic lawmakers who did not look thrilled.
Read by 49% of LPs February 04, 2019

German Grid Firms See Extra Costs To Meet Renewable Power Target

Boosting renewables to 65 percent of Germany's power mix by 2030 could cost 20 billion euros more than previously planned, which will mean higher consumer energy bills, the four main grid operators said on Monday.
Read by 42% of LPs February 01, 2019

Looking To Invest In Oil? Try The Vanguard Energy Etf

Want to invest in oil without the risk of investing directly in oil? Learn how you can benefit from investing in ETFs like the Vanguard Energy ETF to gain exposure to the oil sector.
Read by 65% of LPs February 01, 2019

India Digest: Il&fs To Sell Tn Power Plant; Zee Promoters May Sell Up To 25% Stake

Cash-strapped infrastructure lender IL&FS has put up a power plant in Tamil Nadu for sale, along with a port and a coal mine in Indonesia. The post India Digest: IL&FS to sell TN power plant; Zee promoters may sell up to 25% stake appeared first on DealStreetAsia.
Read by 37% of LPs