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Analysis on Brent and WTI, US Energy Reform Outlook and Shell business –News Roundup (4th of August, 2011).

-Policies & Regulation-

* Venezuelan Energy Minister Rafael Ramirez says country does not discard compensation over nationalization [via Rigzone].

* The UK Department of Energy and Climate Change working on the implications and implementation of the EU “Energy Efficiency Directive” [via DECC].

* “Prime Minister Naoto Kan removed three top officials in charge of Japanese nuclear energy policy” [via The New York Times].

* EU Consultation on results point at the need of a simplified infrastructure project application  [via Platts].

* UK Government approves 900 MW gas-fired power plant [via Platts].

* US Department of Interior gives Shell an authorization to drill in the Arctic [via Reuters & The New York Times]

 

-Analysis & Opinion-

* Brent and WTI spread might get even more pronounced than expected  [via The Barrel]

* Wind power stocks fall amidst doubts of government support [via Reuters]

* Energy reform unlikely to pass the US Senate, says Representative Ed Whitfield, chairman of the House Energy and Commerce’s Energy and Power subcommittee [via Platts].

* US Electric industry reluctant to use gas more intensely, amidst the markets volatile prices and environmental concerns. [via Platts].

* Centre for Global Energy studies article “How much crude oil needs to be found?” [via CGES].

* Australian LNG producer Santos 1would prefer carbon trading scheme to carbon tax [via Platts].

* Marubeni seeks participation Rosneft’s Okhotsk Sea oil project [via Platts].

* UK Department of Energy and Climate Change statistics on insulation [via DECC].

* India’s solar installations grew 73% in 2010, though solar power remains 97% off-grid [via Earthtechling].

* US Natural Gas suppliers growth exceeds expectations [Here].

* Carbon Capture and Storage is not a myth, but a technology in its early stage of development. An article on Carbon Capture and Storage [via the Global CCS Institute].

* France and Benelux power remains steady [via Platts].

* An article on how the US populations perceives the peaking of gas prices [via Big Think].

* “Shale gas revolution as significant as 1970s oil shortage” [article via Platts].

 

-Business & Projects-

* Shell takes full responsibility over the Nigerian Oil spill that left 69.000 affected. A spokesman added that most of the region oil spills have been due to sabotage  [via Energy Live News].

* Trident Energy gets grant to develop the wave motion energy device [via Energy Live News].

* McDermott to construct Shell’s Gulf of Mexico Platform [via PennEnergy].

* UK’s Good Energy to keep prices until 2012 [via Utilities Savings].

* Siemens to divide its Renewable Energy division into Wind and Solar and Hydro [via Siemens].

* Record of wind energy in Texas supply amidst the heatwave [via AWEA Blog].

 * GE Energy delivered 11 gas turbine power generators to Japan. The deliveredequipment has a combined capacity of 1.5 GW [via Platts].

News Roundup (15th of July, 2011).

-Policies & Regulation-

* US Department of interior to review Solar Energy Zones, a move that will diminish their number as criteria narrows. The review results will be released in the Fall, 2012[Here, Here & Here].

* The UN executive board in charge of carbon offsetting was adviced to halt support for coal plants, though not halt, as it was advised [Here].

* The UK Department of Energy and Climate Change decision to put smart meters in each household has been met with criticisms of understamiating the costs. Discussions continue [Here].

* US Federal Energy Regulatory Commission released the Sunshine Notice for July 21st open meeting [Here].

* Japan’s nuclear safety agency ha not set an exact date for it’s review of safety tests for power plants [Here].

* European Union at a crossroad after studies determined that biofuels from crops do more damage than good in climate change [Here]. Also: EU to reduce sulfur emissions from 1,5% to 0,1% [Here].

* US EPA and the Department of Energy launched the “Most Efficient” program, to make a recognition of to Energy efficient products [Here].

* Murcia (Spain): Change you car for a lifetime tram pass [Here].

* Fee-in Tariff debate to be finalized [Here].

* OFGEM opens consultation line for Renewable Heat Incentive [Here].

* Californian Regulator opened the possibility for renters to access solar incentive programs [Here].

* EU suspects CEZ of abusing of its dominant market position. Investigation underway [Here].

* US House of Representatives cut federal support for renewable energy [Here].

* Polluters in China will have to pay higher fines under new regulation [Here].

 

-Analysis & Opinion-

* Carbon Tracker voices his opinion on the unresponsiveness of capital markets to climate change objectives. And warns of a carbon bubble [Here].

* Carbon Brief: “Where are the Daily Mail getting their numbers from?” [Here].

* EU Energy efficiency directive to empower consumers so they can reduce consumption [Here].

* “Recent Carbon Trust research has shown that consumer demand for lower-carbon products and services is growing, despite the tough economic climate.” [Via The Guardian, Here].

* EU and the US condemn what they see as China’s attempt of market distortion of materials needed for clean energy technologies [Here].

-Business & Projects-

* Gazprom and RWE to put gas power plants in Germany, profiting from the country’s decision to abandon nuclear [Here]. Also: Gazprom growing tired of the length the negotiations are taking with Belarus [Here]. And: RWE and Gazprom have signed a memorandum of understanding for the Benelux, UK and Germany coal and gas-fire power projects [Here]

* Chinese solar industry affected by companies’ management leave. Concerns of fraud are voiced [Here].

* RTE “BHP Billiton has unveiled a $12.1 billion takeover of US firm Petrohawk Energy Corp. ” [Here].

* Volvo to release a new line of plug-in hybrid electric vehicles [Here].

* Texaco and Chevron to develop a Natural Gas Vehicle market in Colombia [Here].

* Dorset MPs lobby Secretary of Energy and Climate Change Chris Huhne seeking a reconsideration on wind farm projects on the region [Here].

* BD: “Carbon Check CEO says SA is well poised to do a lot of business on the $142bn global carbon credit market” [Here].

* “Biomass power in Sweden” Market and Research study [Here]

-Other-

* Canada’s Geothermal Energy potential [Here].

* USwitch’s Energy Efficciency grants in the UK [Here]. Also: USwithc explains the energy reform [Here].

* “Revised Smart Energy Version 2.0 Draft 0.7 Document Available for Public Comment” [Here].

* Phillips luminous textiles [Here].

* AWEA wind news (11-15 July 2011) [Here].