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Entergy Corporation closes the Pilgrim Nuclear Power Station in Massachusetts

(Thu, 13 Jun 2019) On May 31, 2019, Entergy Nuclear Generation Company (Entergy), a business unit of Entergy Corporation, permanently closed its 679 (summer-weighted) megawatt (MW) Pilgrim Nuclear Power Station (Pilgrim) located along the shores of Cape Cod Bay. In October 2015, Entergy announced that Pilgrim was retiring because of the relative cost of operating the plant compared with the level of wholesale power prices in New England. Pilgrim started commercial operations in 1972, and it was the tenth-oldest nuclear plant in the United States at the time of its closing.

June 12, 2019 By 0 Comments Read more...

Angola Country Analysis Brief

(Fri, 07 Jun 2019) Angola is the second-largest oil producer in Africa, following Nigeria. Angola's economy depends heavily on hydrocarbon production, making its economy vulnerable to crude oil price swings.

June 06, 2019 By 0 Comments Read more...

U.S. working natural gas stocks deficit to the five-year average fall to lowest level since March 2018

(Mon, 03 Jun 2019) In the United States, working natural gas in storage in the Lower 48 states totaled 1,867 billion cubic feet (Bcf), or 257 Bcf less than the five-year average for the week ending May 24, 2019. This level is the smallest deficit to the preceding five-year average since December 29, 2017, when it totaled 192 Bcf. In 2019, the working natural gas deficit to the five-year average was largest when it was 565 Bcf for the week ending March 8.

June 02, 2019 By 0 Comments Read more...

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