Fluor Awarded Contract for PETRONAS Isononanol Chemical Plant in Malaysia
IRVING, Texas - Fluor Corporation (NYSE: FLR) announced today that it was awarded an engineering, procurement and construction management (EPCM) contract by PETRONAS Refinery and Petrochemical Corporation Sdn. Bhd. for an isononanol plant located in Pengerang, Johor, Malaysia. Fluor will book the undisclosed contract value in the third quarter of 2017. “This award is a testament to the strong partnership we have with PETRONAS,” said Ken Choudhary, president of Fluor’s energy and chemicals bus...
ACEEE Guide Tracks How Local Energy Policy Boosts Community Resilience
How have your community's energy efficiency initiatives also increased its resilience? Our new paper, Indicators for Local Energy Resilience, gives municipal leaders a unique set of tools to answer this question. We explore local energy resilience, our new term for the interconnection of community resilience and various aspects of energy supply and consumption. We look at different aspects of this concept - like thermal building performance and transportation connectivity - and methods communiti...
EIA Releases New U.S. Short-Term Energy Forecast
Forecast Highlights Global liquid fuels North Sea Brent crude oil spot prices averaged $48 per barrel (b) in July, $2/b higher than the June average and almost $4/b higher than in July 2016. EIA forecasts Brent spot prices to average $51/b in 2017 and $52/b in 2018. West Texas Intermediate (WTI) crude oil prices are forecast to average $2/b less than Brent prices in both 2017 and 2018. NYMEX contract values for December 2017 delivery that traded during the five-day period ending August...
The Most Efficient Form of Renewable Energy
The renewable energy sector is growing fast. Its strength lies in its diversity and its numerous tangible benefits. This infographic explores the different types that are currently in use. Learn more about how they work and how experts determine their efficiency. To learn more, checkout the infographic below created by New Jersey Institute of Technology’s Online Master of Science in Electrical Engineering degree program. Click on the below link to see the Infogtaphic: http://graduatedeg...
Energy Department Reports: Wind Energy Continues Rapid Growth in 2016
WASHINGTON, D.C. – The Energy Department today released three wind market reports demonstrating continued growth in wind energy nationwide. America’s wind industry added more than 8,200 megawatts (MW) of capacity last year, representing 27 percent of all energy capacity additions in 2016. In 2016, wind supplied about 6 percent of U.S. electricity, and 14 states now get more than 10 percent of their electricity from wind. The reports cover the following market sectors: land-based utility scale, o...
NARUC Welcomes FERC Senate Confirmations and Quorum
WASHINGTON—The National Association of Regulatory Utility Commissioners welcomes the Senate’s confirmation of Robert F. Powelson and Neil Chatterjee as commissioners to the Federal Energy Regulatory Commission. The confirmations return FERC’s quorum and will allow movement on important regulatory energy issues that had been stymied for months. “This is certainly positive news for our members, as there are several matters that can be addressed now that we will have a quorum at FERC,” said NARU...
North America Oilfield Roller Chain Market to Cross $146 million by 2022
According to a recently published TechSci Research report, “North America Oilfield Roller Chain Market By Application, By Type, By Country, Competition Forecast & Opportunities, 2012 – 2022”, oilfield roller chain market in the region is anticipated to cross $ 146 million by 2022, on account of rise in exploration of shale gas, tight oil and other unconventional resources in North America. Over the past decade, countries such as the US and Canada, have experienced substantial growth in demand fo...
Many States Have Adopted Policies to Encourage Energy Efficiency
As of July 2017, thirty states and the District of Columbia have adopted energy efficiency policies—either mandated requirements, voluntary goals, or pilot programs—designed to lower the growth of electricity consumption by using electricity more efficiently. Seven of these states have either created new or updated existing energy efficiency standards within the past year. Since Texas became the first state with an energy efficiency resource standard (EERS) in 1999, 24 states have adopted an...
Energy Department Announces Eleven Projects to Boost Private-Sector Support of Energy Innovation
WASHINGTON, D.C. – Today, the U.S. Department of Energy (DOE) announced $7.8 million in support of eleven projects to unlock private-sector resources for energy innovation. The projects, part of DOE's Innovative Pathways program, are designed to address the systemic barriers currently preventing the private sector from more fully supporting energy innovation and bringing new energy technologies to market. The projects will develop and test new ways to integrate emerging technologies into the ene...
RES Announces Sale of Cactus Flats Wind Facility
BROOMFIELD, CO – Renewable Energy Systems (RES), a leader in the development, engineering, construction, and operations of wind, solar, transmission, and energy storage projects in the Americas, is pleased to announce the sale of the Cactus Flats Wind Facility to Southern Power, a subsidiary of Southern Company. RES served as the developer for Cactus Flats and has also been awarded the contract to complete balance of plant construction on the project. Cactus Flats is located in Concho Co...