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gulfnews.com June 17, 2018

Australian Energy Retailers May Face Intervention On Prices

Wholesale charges have fallen by about 30% from last year and that should start to flow to customers. : Melbourne: Australia's energy retailers face further government intervention in the market if they don't move to lower power prices for consumers after a drop in wholesale charges, according to Energy Minister Josh Frydenberg.Wholesale charges have fallen by about 30 per cent from last year and that should start to flow to customers, Frydenberg said Sunday on Sky News.
Read by 52% of LPs

business-standard.com June 15, 2018

Insolvency Process: Adani Power, Jsw Energy Submit Eois For Monnet Power | Business Standard News

Monnet Power was set up in 2007 and has a 1,050-Mw thermal power plant in Odisha, but ran into trouble when the Supreme Court cancelled multiple coal mine licences in 2014.
Read by 64% of LPs

csmonitor.com June 14, 2018

Despite Natural Gas Boom, This Texas Town Is Going 100% Renewable

As US communities shift away from fossil fuels, cities and towns are grappling with the challenge of just how much they can rely on renewable energy. Denton, Texas, aims to show the way.
Read by 43% of LPs

livemint.com June 13, 2018

World Bank Says Long-term Growth In Commodity Consumption To Weaken

World Bank sees global demand growth of metals fall from 4.2% in 2010-16 to 2.8% in 2018-27, agricultural commodities fall from 2.8% to 1.8% in the same periods.
Read by 67% of LPs

greentechmedia.com June 12, 2018

China Takes A Step Closer To Grid Parity With The Introduction Of Wind Auctions

Late last month, China's National Energy Administration published a notice regarding the 2018 Administrative Requirements of Wind Power Development. The Administrative Guidance for Competitive Allocation of Wind Power Projects was attached to the notice, signaling the launch of the auction mechanism for future wind power awards. In a new research note, MAKE Consulting, now part of Wood Mackenzie Power & Renewables, describes the potential impact of auctions on China's wind market. The free report is available for download here.
Read by 31% of LPs

business-standard.com June 12, 2018

Major Minerals Grow 28% In Value To Rs 607 Bn, Highest In Five Years | Business Standard News

Iron ore leads robust growth among major minerals; bauxite production dips almost 9%: After staying stagnant or witnessing a downtrend since 2012-13, the value of major minerals produced in the country registered a sharp rise of 28 per cent to Rs 607.30 billion in FY18. Iron ore production, which touched a decade high of 210 million tonnes in last fiscal, led the robust growth in value of major minerals except coal, lignite and minor minerals. Total value of iron ore output was Rs 327.51 billion, higher by 30.2 per cent than Rs 251.38 billion in 2016-17.
Read by 44% of LPs

forbes.com June 11, 2018

How Fracking Is Paying Back Germany's Solar Investment

Germany doesn't mind that its citizens have borne a disproportionate cost for developing the solar industry, a German energy official said Friday, because Germans benefit from developments in other countries, notably fracking in the United States.
Read by 64% of LPs

stltoday.com June 08, 2018

Subsidizing Coal Plants Is A Bad, Expensive Idea | David Nicklaus

Trade group says president's proposal would cost tens of billions of dollars. : Mostly cloudy skies early. Scattered thunderstorms developing late. Low 71F. Winds light and variable. Chance of rain 40%. Steam billows out of the stacks at the FirstEnergy Corp. Bruce Mansfield coal-fired power plant in Shippingport, Pa. in December.
Read by 77% of LPs

greentechmedia.com June 06, 2018

Exelon Ceo: 'we Need Federal Intervention' On Grid Resilience

Exelon Corp. President and CEO Christopher Crane praised the Trump administration Wednesday for taking action to shore up the nation's economically distressed coal and nuclear power plants to ensure grid resilience and reliability. As utilities across the nation increasingly shift to natural gas and renewables, "getting the market design right and looking at the resiliency is really a requirement that we need federal intervention on," Crane said on stage at the Edison Electric Institute's annual convention in San Diego.
Read by 31% of LPs

forbes.com June 04, 2018

Latest Doe Subsides Are The Equivalent Of Opioids For The Coal Industry

In its latest effort to supersede market forces and pick winners of its own choosing, the Trump Administration is directing the Department of Energy to protect uneconomic power plants from market competition.
Read by 54% of LPs