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10/18/2017

General Electric has agreed to supply Vetroelektrane Balkana's 158-megawatt Cibuk 1 project in Serbia with 57 2.75-120 turbines featuring blades from LM Wind Power. GE said the deal includes a 15-year service contract.

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ReNews (UK)
10/18/2017

US shale producers are showing a willingness to abandon growth ambitions in favor of improving cash flow and returns on capital, but this shift is not guaranteed, writes Liam Denning. The increasing backlog of drilled-but-uncompleted shale wells could provide investors with a signal as to growth in oil production and what oil prices will look like next year, he writes.

10/18/2017

The emergence of the US as an exporter of liquefied natural gas could affect energy markets the world over, as the number of countries importing LNG has more than tripled since 2005. "In the near term, gas will replace coal, in the medium term it will partner with renewables, and in the long term it will take care of those parts of energy demand that cannot be electrified," said Maarten Wetselaar of Royal Dutch Shell.

10/18/2017

Elevated construction costs and difficulty in securing long-term supply contracts could hurt the availability of credit for developers of US liquefied natural gas export terminals, according to S&P Global Ratings.

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S&P Global Platts
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liquefied natural gas
10/18/2017

As the PennEast Pipeline awaits federal approval, project manager Tony Cox says the pipeline could help Pennsylvania and New Jersey consumers save hundreds of millions of dollars on electricity and natural gas.

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Tony Cox, natural gas
10/18/2017

US crude stockpiles fell by 7.1 million barrels last week, according to the American Petroleum Institute. Meanwhile, gasoline and distillate supplies gained 1.9 million and 1.6 million barrels, respectively.

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MarketWatch
10/18/2017

Canadian oil sands operators are abandoning expansion plans and shifting to smaller projects because of high costs associated with new thermal projects, which have a break-even point of about $60 per barrel.

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Reuters
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oil sands, break-even point
10/18/2017

The world's total grid-connected installed wind capacity surpassed 500 gigawatts in 2017, according to Windpower Intelligence. The report said North America accounted for 98.6 GW of that amount.

10/18/2017

Federal wind energy tax incentives continue to encourage wind development in Oklahoma despite a lack of state support mechanisms, says Adam Wilmoth, energy editor at The Oklahoman. The American Wind Energy Association said Oklahoma should add more than 1,600 megawatts of installed wind capacity in 2017, not counting the Public Service Co. of Oklahoma's Wind Catcher project.

10/18/2017

Increasing Delaware's Renewable Portfolio Standard and creating a carve-out for offshore wind are two possible ways the state's Offshore Wind Working Group may suggest jump-starting Delaware's offshore wind industry, says MAKE Consulting's Anthony Logan. The group is expected to make recommendations by Dec. 15.

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Greentech Media