Tuesday, January 21, 2025
Vogtle - Workforce Reduced By 20 percent As Coronavirus Pandemic Takes Toll -oilandgas360

Vogtle / Workforce Reduced By 20% As Coronavirus Pandemic Takes Toll

NUCNET 42 workers at new-build site in Georgia have been diagnosed with Covid-19 The workforce at the Vogtle nuclear power station in the US state of Georgia is being reduced by about 20%, or roughly 1,800 employees, to mitigate the impact of Covid-19. Georgia Power’s parent company, Southern Company said in a filing to the Securities and Exchange Commission. In its filing,

SGCC Completes 49 Percent Equity Acquisition of OETC

MUSCAT, Oman, March 16, 2020 /PRNewswire/ — State Grid Corporation of China (SGCC) has completed the 49% equity acquisition of Oman Electricity Transmission Company OETC together with seller Nama Group on March 11 in Muscat, Oman.

Saudi Arabias ACWA Power Uzbekistan sign 2.5bn energy agreements - oilandgas360

Saudi Arabia’s ACWA Power, Uzbekistan sign $2.5bn energy agreements

Gulf Business The agreements include the construction of a 1,500MW Combined Cycle Gas-Turbine power plant and a 500-1000MW wind farm On Sunday, Saudi Arabia’s utility developer ACWA Power revealed that it had signed three agreements, potentially worth up to $2.5bn, with Uzbekistan’s Ministry of Energy. The agreements include a $1.2bn investment for the development, construction and operation of a 1,500MW Combined

In push for neighborhood-first policy India plans a common electricity market - oilandgas360

In push for neighborhood-first policy, India plans a common electricity market

LiveMint The Union government plans to set up a regional grid that will be leveraged to create a common electricity market for nations in India’s neighborhood, said power and new and renewable energy minister Raj Kumar Singh. The proposed market, which will include Myanmar, Sri Lanka, Nepal, Bhutan and Bangladesh, could aid regional peace and improve utilization of generation assets—including

How long will the slowdown in renewables last -oilandgas360

How long will the slowdown in renewables last?

GreenBiz Oil & Gas 360 Editors Note: Trevor d’Olier-Lees writes an excellent article looking at the renewable market, and if a downturn is on the horizon.  The key take away’s from the article are surrounding the removal of tax incentives and the “market-driven era has begun”. I have always said that a balanced approach to energy production between fossil fuels,

EIA expands data on capacity and usage of power plants, electricity storage systems - Fig 1 oilandgas360

EIA expands data on capacity and usage of power plants, electricity storage systems

EIA Oil & Gas 360 Publishers Note: Interesting information from the EIA on power plants and electricity storage. The storage will be a huge market in the next several years, and investors should watch this portion of the energy sector.  The U.S. Energy Information Administration’s (EIA) Electric Power Monthly now includes more information on usage factors for utility-scale storage generators as well

Wind has surpassed hydro as most-used renewable electricity generation source in US - Fig 1 oilandgas360

Wind has surpassed hydro as most-used renewable electricity generation source in U.S.

EIA Oil & Gas Publishers Note: Interesting news from the EIA regarding wind surpassing hydroelectric, but is this a time to celebrate? We are looking at the statistics on renewable energy and the CO2 impact to the environment. The impact on renewable energy does impact the CO2 pollution at a much higher volume than fossil fuels. So the real question

WoodMac Energy storage to accelerate global energy transition in 2020s -oilandgas360

WoodMac: Energy storage to accelerate global energy transition in 2020s

BIC Magazine Finn-Foley said: “The energy storage industry is in the enviable position of juggling growth gamechangers from multiple directions. Plunging costs drove speculation in the first scaled markets but as price declines enter a steadier rate, further recognition of storage’s value – rather than cost – will be the key factor in determining growth.” The starting gun has sounded

Northern Kentucky’s electric, gas, water and digital pipelines are ample, sustainable and affordable -oilandgas360

Northern Kentucky’s electric, gas, water and digital pipelines are ample, sustainable and affordable

The Lane Report Northern Kentucky’s two major electrical energy suppliers, Owen Electric and Duke Energy, continue to be at the forefront of the movement to clean, renewable energy, with a couple of new or expanding programs. Cooperatives, of which Owen Electric is a member, offer a renewable energy program called Envirowatts. Touchstone represents a nationwide alliance of member-owned electric co-ops