Officials of both the buyer and seller are mum about the construction required to restore to full operation Exxon Mobil Corp.'s Torrance, Calif., oil refinery, which lost 80% of its capacity in a February 2015 explosion.
The U.S. Overseas Private Investment Corp. has agreed to provide as much as $400 million in aid for a $700-million, 100-mw solar thermal power project in South Africa.
The first of the 4,764-MW Medupi coal-fired powerplant's six units commenced commercial operations in South Africa in September, almost six months after it was synchronized to the national grid and three years after it initially was set to be operational.
Canada's National Energy Board is evaluating Kinder Morgan's application to expand its Trans Mountain pipeline, but Burnaby, British Columbia, has asked that the environmental permitting and review process — meant to set the stage for the $5.4-billion project — be scrapped completely because of the recent appointment of Steven Kelly, a former Kinder consultant, to the NEB.
Two major transmission projects to boost renewable-energy delivery in the West and New England moved forward this month, as one market analyst forecast a steady market ahead, albeit with some obstacles.
The U.S. Energy Dept. is continuing to spend billions of dollars on carbon capture and storage technology, announcing this month it will distribute about $25 million to eight projects aimed at reducing the cost of carbon dioxide capture.
Studies have resumed for the $5.6-billion Susitna-Watana Hydroelectric Project in Alaska, following clarification in July of an executive order by Gov. Bill Walker (D) limiting government spending.
The Tennessee Valley Authority’s board of directors on Aug. 21 unanimously approved its 2015 plan for regional energy that reflects less dependence on coal-fired generation, more focus on natural-gas generation and renewable resources, and plans to use energy efficiency as a supply resource.