(Mon, 08 Feb 2016) Demand response in the electricity market involves the targeted reduction of electricity use during times of high demand. In response, customers receive incentives for these reductions. A recent Supreme Court ruling is expected to result in faster growth in demand response in the wholesale electricity markets that cover about 60% of U.S. power supply.
The EU will likely miss its export quota for the 2015-16 season due to lower output, according to Sopex, a UK-based sugar trading company. Sopex analysts forecast EU exports to be less than 1 million mt, which is less than the 1.35 million mt established in line with WTO rules.
Those attending the Platts Middle Distillates Conference spoke a diesel-focused language, this being Europe where people mostly drive diesel cars even after the VW scandal.
The mood for many in China's steel industry will be sombre, judging from the recent slew of warnings several steelmakers have issued, predicting massive losses for 2015.
(Fri, 05 Feb 2016) The United States has slightly more than 20,000 megawatts (MW) of solar generating capacity, which includes utility-scale solar photovoltaic (PV) and solar thermal installations, as well as distributed generation solar PV systems, also known as rooftop solar.
The Luxembourg Government announced a series of measures on Feb. 3 that will boost asteroid mining and the visionary use of space resources.
(Thu, 04 Feb 2016) Several factors have played a part in pushing U.S. crude oil prices below $30 per barrel, including high inventory levels of crude oil, uncertainty about global economic growth, volatility in equity and nonenergy commodity markets, and the potential for additional crude oil supply to enter the market. Crude oil and petroleum product inventories, both domestically and internationally, have been growing since mid-2014 and are above five-year averages for this date.
(Wed, 03 Feb 2016) Based on data collected in EIA's latest Commercial Buildings Energy Consumption Survey (CBECS), the number of computers in education buildings across the United States is continuing to grow rapidly. On average, education buildings have nearly twice as many computers per million square feet as all commercial buildings. Among commercial building categories, only office buildings have more computers per square foot.
(Wed, 03 Feb 2016) This study examines supply, consumption, and distribution of transportation fuels in Petroleum Administration for Defense Districts (PADDs) 1 and 3, or the U.S. East Coast and the Gulf Coast, respectively. The East Coast region includes states from Maine to Florida along the U.S. Atlantic Coast. The Gulf Coast region comprises states between New Mexico in the west to Alabama in the east along the Gulf of Mexico. For this study, transportation fuels include gasoline, diesel fuel and jet fuel. Residual fuel oil supply is also analyzed where applicable.
The power market landscape in Texas is echoing problems seen in Europe and could have repercussions for the future of natural gas-fired projects.
