Energy transition
FirstEnergy Capital announces international expansion
FirstEnergy Capital, an energy-focused Canadian investment bank, has opened an office in London, England.
GE announces CCS deal
GE Energy has signed a technology licensing agreement with Hydrogen Energy International (HEI) for a proposed 250-megawatt power plant, which would be designed to capture up to 90% of its carbon dioxide emissions.
Centrica invests £725 million in UK offshore wind farm
Centrica, the parent company of British Gas, will construct a 270 megawatt (MW) offshore wind project off the coast of Scotland. The Lincs project is to be located next to its existing wind farms at Lynn and Inner Dowsing.
Senate starts deliberations on cap-and-trade bill
Senate committee hearings began yesterday on the Clean Energy Jobs and American Power Act, co-authored by senators John Kerry and Barbara Boxer.
Carbon market buoyed by legislative outlook
While the value of the global carbon market fell by 21% in the third quarter, a recent report has forecast 107% growth in volume in 2009.
Power project could link US grids
A proposal to link the three US power grids could create the country’s first renewable energy trading hub.
Report notes potential of NGV demand
Natural gas demand could be boosted by two initiatives being debated in Congress that promote natural gas vehicles (NGVs).
Industry experts bearish on IEA oil demand
Industry experts at the annual Oil & Money Conference in London this week challenged International Energy Agency (IEA) forecasts for demand growth.
Gazprom Marketing & Trading and ecolutions collaborate on CDM
Gazprom Marketing & Trading (GM&T), a subsidiary of Russian gas company Gazprom, has partnered with renewable energy firm ecolutions to develop emissions-reduction projects in China.
Gazprom and EDF announce transatlantic gas swap
Gazprom Marketing & Trading and EDF Trading have announced details of an agreement to swap natural gas between the US and European markets.
International energy regulator launched
The creation of the International Confederation of Energy Regulators (ICER), a group of 12 regional energy regulatory associations, was announced by John Mogg, president of the Council of European Energy Regulators (CEER), at the fourth World Forum of…
An audience with Bainton Capital
Steve Drummond from Bainton Capital discusses the potential outcome of the United Nations Climate Change Conference to be held in Copenhagen in December.
Record high sugar prices hit ethanol market
Ethanol prices in Brazil have recently risen due to a decrease in production. According to experts, record high sugar prices in the region are encouraging mills to refine sugar over ethanol, which is giving a 50% better return.
Corporate statement: Are you re-evaluating your energy risk management provider?
Many energy-price-dependent organisations, such as utilities, independent power producers and oil and gas producers, saw their hedges at risk with the crumbling balance sheets of several key hedge providers. The global credit crisis has forced many…
Nord Pool Spot expands into Estonia
Nordic power exchange, Nord Pool Spot, has announced plans to incorporate Estonia into its pricing area for physical power from April 2010.
India’s energy efficiency scheme won't impact CDM, say experts
India’s plans for a domestic energy efficiency cap-and-trade scheme have raised concerns over how the market for Clean Development Mechanism (CDM) projects will be affected.
RWE acquires Essent
The sale of the largest energy generator in the Netherlands, Essent, to German utility RWE was completed on September 30 in a €7.3 billion deal.
Spectron ventures into LNG
Global brokerage Spectron has added liquefied natural gas (LNG) to its coverage.
