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  • Midweek Update Posted: Update on Latest Smart Energy News
  • News Flash: Fortis to Acquire ITC for USD$11.3 Billion (Utility News)
  • Supreme Court Puts a Halt on Obama Clean Power Plan (Spotlight)
  • Obama Releases the $4 Trillion+ Federal Budget (Spotlight)
  • Chesapeake Energy Denies Bankruptcy Rumors; Stock Falls 80% (Spotlight)
  • Obama Proposal to Double Clean Energy Funding  (Spotlight)
  • Foxconn Makes $5 Billion Bid for Sharp (Spotlight)
  • Cisco Plans to Acquire Jasper for $1.4 Billion (Spotlight)
  • Obama Proposes $10/Barrel Oil Tax (Spotlight)
  • Dominion Resources to Buy Questar for $4.4 Billion (Spotlight)
  • EU-U.S. Reach Agreement on Safe Harbor/Privacy Shield (Spotlight)
  • Energy Bill Stalls in the Senate (Spotlight)
  • Paris Climate Deal- Is it Bad to U.S. Interests - Senate Hearing (Spotlight)
  • Queensland Approves Carmichael Coal Mine (Oil and Gas)
  • Alberta Moves to Diversify its Economy (Spotlight)
  • EU Parliament Not to Veto Car Emission Test Update (Smart Grid)
  • Oil/Gas Companies Report Losses/Decreased Revenues (Oil+Gas)
  • EDF Hinkley-C Nuclear Project in Turmoil (Utility News)
  • Many More............

Publishers Note

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Midweek Update: February 10, 2016; Vol.5, No.6, February 07, 2016

 

Pub Note 2 6 2

NASA Measures 10 Days of U.S. Extreme Precipitation from Space

For more than a week the weather over the continental United States has been punctuated by extreme events. NASA analyzed satellite data that measured the heavy precipitation over ten days from late January to early February.

This is the week that was in smart energy news.

As usual, the Publisher's Note covers several major news items of the week. All week long, SEU covers breaking news items as they happen. Bersides Publisher's Note, SEU presents more news items of interest in Editor's Choice. Of course, you get the complete picture of smart energy news by browsing through the SEU website.

Last few days are filles with major smart energy news:

  • Obama proposes to Double Clean Energy Funding
  • Foxconn Makes $5Billion Bid for Sharp
  • Cisco Plans to Acquire Jasper $1.4 Billion
  • Obama Proposes $10 per Barrel Oil Tax
  • Dominion Resources to Buy Questar for $4.4 Billion
  • U.S.-EU Reach Safe Harbor Agreement

 Now, the rest of the news.........

The Congressional Hearing discussed whether Senate needs to ratify the COP-21 agreement; there were testimonies on whether the Climate Change agreement will be beneficial to the U.S. economy and citizens.

Paris Climate Promise: A Bad Deal for America: (Spotlight)

The Interior Department’s Bureau of Safety and Environmental Enforcement (BSEE) proposed the sweeping Well Control Rule, a set of complex and highly technical regulations that impose expansive new requirements on offshore oil and gas drilling. The new requirements call for far reaching changes to the rules by which the oil and gas operators are governed and would increase costs in a manner that will severely impact Gulf Coast economies.

Extreme Cost of Proposed Federal Rule Risks Shuttering Gulf Energy Production: (Oil and Gas)

Overall in 2015 the American wind industry installed 8,598 MW, the third largest amount ever installed in a year and a 77 percent increase over 2014.

Growth of the American Wind Industry: (Renewable)

Magellan Midstream Partners, and Plains All American Pipeline, announced that BridgeTex Pipeline Company, owned 50/50 by Magellan and Plains, has extended its open season to assess additional customer interest in a new origin in Grimes County, Texas for the BridgeTex pipeline to accept Eaglebine crude oil and condensate shipments.

BridgeTex Pipeline Extends Open Season for New Eaglebine Origin: (Oil and Gas)

The sale of the San Juan Coal Company, the owner of the San Juan Mine, from BHP Billiton to Westmoreland San Juan, a subsidiary of Westmoreland Coal Company, has been completed, and resulted in the finalization of the new coal supply and participant restructuring agreements.

San Juan Coal Mine Sale Finalized: (Oil and Gas)

Sen. Lisa Murkowski, R-Alaska, advanced debate on her broad, bipartisan energy bill by providing a synopsis of how it will benefit her home state of Alaska. She focused on how the bill will help the state produce more energy and help consumers use less energy, creating new opportunities and lowering costs, especially in rural areas.

Sen. Murkowski Touts Benefits for Alaska in Bipartisan Energy Bill: (Spotlight)

CalAmp will acquire all of the outstanding shares of common stock of LoJack for $6.45 per share in an all cash transaction valued at approximately $134 million.

CalAmp to Acquire LoJack Corporation: (Smart Grid)

To reach the level of investment in new renewable power generation needed to avert dangerous climate change, $12.1 trillion of investment will be needed over the next 25 years, which is $5.2 trillion above business-as-usual projections, a new report by Ceres and Bloomberg New Energy Finance concludes.

$12.1 Trillion Investment in New Renewable Power Generation Needed Over Next 25 Years: (Renewables)

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