The government of Estonia announced it paid €63mn ($63.8mn) in its third tender for national gas storage this year to purchase 250GWh for its strategic reserve. This brings Estonia storage to near 50% of its 1 TWh gas procurement target with bought 200 GWh across two earlier tender rounds. The government disperses state funds through national agency Estonian Stockpiling Agency. The Estonian government has allocated €170mn of supplementary budget funds for the national strategic reserve this year. The reserve provides the … Continue reading “Estonia has Filled Around Half of 1 TWh gas Storage Target for Winter”
Environmental Services Charah Solutions To Recycle 8.1 Million Tons of Coal Ash For Dominion
Environmental and Byproduct services provider Charah Solutions was awarded a marketing contract by Dominion Energy $D for the beneficiation and utilization of up to 8.1 million tons of reclaimed ponded coal ash. $CHRA opened up over 20% on the announcement.
Utilities CenterPoint Energy and Vectren to Merge
CenterPoint and Vectren Corporation announced a definitive merger agreement combining $29 billion in assets across eight states with an enterprise value of $27 billion. To be known as Centerpoint Energy maintaining earnings guidance.
Maximizing Australian Energy Efficiency With Western Australian Solar
Australia is a nation of vast size with the majority of the population based on the east coast, in peak hour how do you maximise energy efficiency? The National Electricity Market using West Australian solar in peak times could power the East’s peak loads.
Sempra Energy Buys Oncor Power for $9.45 billion Eclipses Buffett
San Diego based Sempra Energy $SRE on Monday said it will acquire Energy Future Holdings Corp, the indirect owner of 80 percent of Oncor Electric Delivery Company, LLC, operator of the largest electric transmission and distribution system in Texas foraround $9.45 billion in cash.
CMS Energy $CMS Misses Earnings, Renewables Infrastructure
Integrated energy company CMS Energy $CMS reported lower than expected 2Q17 earnings before the market open Friday. CMS reiterated continued investment in electric and renewable energy infrastructure.
NextEra Energy $NEE Beats Earnings, Increases Renewables Backlog
NextEra Energy $NEE reported better than expected second quarter earning before the market opened Wednesday, announcing increased renewables Backlog.