(Wed, 14 Jun 2017) For the first time, monthly electricity generation from wind and solar (including utility-scale plants and small-scale systems) exceeded 10% of total electricity generation in the United States, based on March data in EIAâs Electric Power Monthly. Electricity generation from both of these energy sources has grown with increases in wind and solar generating capacity.
Egypt cut diplomatic ties with Qatar in June because of its alleged support for terrorist groups. Cairo currently relies heavily on Qatari LNG imports to make up its shortfall in domestic gas production.
(Tue, 13 Jun 2017) At the end of May, Exelon, the owner of the Three Mile Island Nuclear Generating Station in southeastern Pennsylvania, announced its intention to retire the plant in 2019 unless the company is given assistance by the state to help keep the plant financially viable. Exelonâs announcement marks the sixth announced nuclear retirement in the past seven years.
(Mon, 12 Jun 2017) Annual reports of 68 publicly traded oil companies indicated that their aggregate proved liquids reserves declined in 2016 for the second consecutive year. The decline in proved reserves was heavily concentrated in a few companies that reduced their estimated reserves from Canadian oil sands projects.
Following the June 8 UK general election result, what does a hung parliament mean for upcoming Brexit negotiations? Ross McCracken blogs.
(Fri, 09 Jun 2017) In 2016, the almost $1.2 billion value of North Koreaâs coal exports accounted for about 40% of their total export revenue. A cap imposed by the United Nations (U.N.) on imports of coal from North Korea would limit North Koreaâs coal export earnings to about US $400 million in 2017, about one-third of the previous five-year average.
(Thu, 08 Jun 2017) According to the most recent data from the World Bank, 15% of the worldâs populationâapproximately 1.1 billion peopleâlacked access to electricity in 2014. However, access to electricity has been generally increasing over the past two decades. In 1994, approximately 27% of the worldâs population lacked access to electricity.
The idea of using blockchain technology to ease trading in the energy and commodities markets is cropping up more and more.
The commodities price watch during Trump’s term continues. Here are the price averages for some key commodity benchmarks since he became president.
(Wed, 07 Jun 2017) The United States remained the world's top producer of petroleum and natural gas hydrocarbons in 2016 for the fifth straight year despite production declines for both petroleum and natural gas relative to their 2015 levels.
