Power Generation

Source: Siemens Energy

General Electric accuses Siemens Energy of rigging dids using stolen trade secrets

Oil and Gas 360


NEW YORK (Reuters) – General Electric Co accused a Siemens Energy AG subsidiary of using stolen trade secrets to rig bids for lucrative contracts supplying gas turbines to public utilities, and cover up improper business gains …

January 15, 2021 - 9:30 am Closing Bell Story‎, Energy News, Law, Power Generation
Source: Reuters

U.S. power use to drop near 4% in 2020 due to coronavirus – EIA

Reuters


U.S. power consumption will drop 3.9% this year as coronavirus lockdowns cause offices to close and factories to run at reduced capacity, the U.S. Energy Information Administration (EIA) said on Tuesday in its Short Term Energy Outlook (STEO).

The …

California was the largest net electricity importer of any state in 2019

California was the largest net electricity importer of any state in 2019

EIA

Electricity routinely flows between the Lower 48 states and, to a lesser extent, between the United States and Canada and Mexico. Electricity generation exceeds electricity consumption in 25 states, and excess electricity is transmitted across state lines—almost 10% of …

December 7, 2020 - 6:51 am EIA News That Matters, Hydroelectric, Nuclear, Power Generation
Energy News Beat: #169 – 11/30/2020 – Hosted by Michael Tanner

Energy News Beat: #169 – 11/30/2020 – Hosted by Michael Tanner

Investors sell off and take profits from a historically strong November.  Major indices down overalls with tech stocks turning green rolling into the end of the session.

  • S&P 500: -0.63%
  • Nasdaq:  0.01%
  • Dow Jones: -1.30%

Market sentiment took a hit

Energy News Beat: #168 – 11/27/2020 – Hosted by Michael Tanner

Energy News Beat: #168 – 11/27/2020 – Hosted by Michael Tanner

Half day for traders leads to small rally in the equities markets, with each major indice up over 0.25%. On Thanksgiving Day, online sales rose to a record $5.1 billion, according to Adobe Analytics.

  • S&P 500: 0.25%
  • Nasdaq:  0..83%
Energy News Beat: #167 – 11/25/2020 – Hosted by Michael Tanner

Energy News Beat: #167 – 11/25/2020 – Hosted by Michael Tanner

Energy News Beat #167: 11/25/2020

 

Slow day in the markets (50% drop in volume) leads to a slumping of major indices as traders (who are still trading…) react to not ideal unemployment data.  The 30-stock Dow slid 136 points,

Energy News Beat: #166 – 11/24/2020 – Hosted by Michael Tanner

Energy News Beat: #166 – 11/24/2020 – Hosted by Michael Tanner

30,000 DOW JONES!!!!!!!! Pour the champagne, crack that beer its all time highs amid surging cases in COVID-19, but markets enjoy positive bullish vaccine and easing of worries of a transfer of power issues

  • S&P 500: 1.63%
  • Nasdaq:  1.44%
  • Dow
Exclusive 360 Energy Expert Network Video Interview: Mark Mills – Is there a hidden cost to green energy?

Exclusive 360 Energy Expert Network Video Interview: Mark Mills – Is there a hidden cost to green energy?

There are conversations that everyone in 2020 has had that take several twists and turns, and today was one of those conversations. We had the privilege of sitting down with Mark P. Mills, author, speaker, and generally a nice guy.

Energy News Beat: #165 – 11/23/2020 – Hosted by Michael Tanner

Energy News Beat: #165 – 11/23/2020 – Hosted by Michael Tanner

Stocks up higher after yet another positive vaccine announcement, this time from AstraZeneca and Oxford.  The Dow Jones traded 218 points higher, or 0.5%. The S&P 500 gained 0.3%

  • S&P 500: 0.50%
  • Nasdaq: -0.06%
  • Dow Jones: -0.05%

On Monday, Goldman

Energy News Beat: #164 – 11/20/2020 – Hosted by Michael Tanner

Energy News Beat: #164 – 11/20/2020 – Hosted by Michael Tanner

Flat day for the markets as both bears and bull hold market in check with major indices holding flat for the day. On Thursday, over 180,000 confirmed cases of COVID-19 were recorded, bring the new 7-day average up over 160,000,

Energy News Beat: #163 – 11/19/2020 – Hosted by Michael Tanner

Energy News Beat: #163 – 11/19/2020 – Hosted by Michael Tanner

Energy News Beat: #162 – 11/18/2020 – Hosted by Michael Tanner

Energy News Beat: #162 – 11/18/2020 – Hosted by Michael Tanner

Pullback day for the market fresh off all time highs, traders used today to collect some profits, with major indices slumping.  $ES roll flat while $NQ trades slightly in the green after Amazon launch pharmacy business

  • S&P 500: -0.33%
  • Nasdaq:
Energy News Beat: #161 – 11/17/2020 – Hosted by Michael Tanner

Energy News Beat: #161 – 11/17/2020 – Hosted by Michael Tanner

Pullback day for the market fresh off all time highs, traders used today to collect some profits, with major indices slumping.  $ES roll flat while $NQ trades slightly in the green after Amazon launch pharmacy business

  • S&P 500: -0.33%
  • Nasdaq:
Energy News Beat: #160 – 11/16/2020 – Hosted by Michael Tanner

Energy News Beat: #160 – 11/16/2020 – Hosted by Michael Tanner

More positive vaccine news, this time from Moderna, lift markets green and sending energy stocks soaring.  The Dow Jones Industrial Average added 356 points, or 1.2%, and reached an intraday record. The S&P 500 rose 0.8% and the Nasdaq Composite

Energy News Beat: #159 – 11/13/2020 – Hosted by Michael Tanner

Energy News Beat: #159 – 11/13/2020 – Hosted by Michael Tanner

Market sentiment back bullish as traders eye these new vaccines as a way to curb what are now rising COVID-19 in the US. “This week’s positive vaccine news is a game-changer in our view, as it allows the market to

Energy News Beat: #158 – 11/12/2020 – Hosted by Michael Tanner

Energy News Beat: #158 – 11/12/2020 – Hosted by Michael Tanner

Stocks turn red amid rising COVID-19 cases, with Wednesday breaking a new record with over 140,000 confirmed cases. On the data front, initial weekly jobless claims fell last week to 709,000 from 757,000 in the prior week, the Labor Department

Just Energy Reports Fiscal Second Quarter 2021 Results

Just Energy Reports Fiscal Second Quarter 2021 Results

Base EBITDA from continuing operations of $33 million for the fiscal second quarter 2021 …

November 12, 2020 - 5:22 am Earnings, Finance, Power Generation, Press Releases, Renewable Energy
Energy News Beat: #157 – 11/11/2020 – Hosted by Michael Tanner

Energy News Beat: #157 – 11/11/2020 – Hosted by Michael Tanner

Tech stocks lead the way today as investor buy back shares of larger tech companies dragged down by the recent news of a coming vaccine.  Apple gained 3%. Netflix climbed 1.1%. Facebook and Amazon rose 1.1% and 3%, respectively. Alphabet

Energy News Beat: #156 – 11/10/2020 – Hosted by Michael Tanner

Energy News Beat: #156 – 11/10/2020 – Hosted by Michael Tanner

Rotations happening among the major indices as Dow Jones (composite of the top 30 capitalized companies) gains over 1% while other indices drop, with large losses in NQ, down over .5%

  • S&P 500: -0.07%
  • Nasdaq: -1.7%
  • Dow Jones: 4.5%

Amazon

U.S. energy-related carbon dioxide emissions fell in 2019, mainly in electric generation

U.S. energy-related carbon dioxide emissions fell in 2019, mainly in electric generation

EIA

After rising by 3% in 2018, energy-related carbon dioxide (CO2) emissions fell 3% in the United States in 2019. According to the U.S. Energy Information Administration’s (EIA) U.S. Energy-Related Carbon Dioxide Emissions, 2019 analysis, total energy-related CO2 emissions in …

Energy News Beat: #155 – 11/9/2020 – Hosted by Michael Tanner

Energy News Beat: #155 – 11/9/2020 – Hosted by Michael Tanner

Stock up HUGE amid Pfizer and BioNTech announcing a vaccine for COVID19 that is 90% effective. Major indices hit all time highs, notably the S&P 500 and Dow Jones, NQ finishes flat (Zoom down BIG) as the pullback from the

Energy News Beat: #154 – 11/6/2020 – Hosted by Michael Tanner

Energy News Beat: #154 – 11/6/2020 – Hosted by Michael Tanner

Stock up HUGE amid Pfizer and BioNTech announcing a vaccine for COVID19 that is 90% effective. Major indices hit all time highs, notably the S&P 500 and Dow Jones, NQ finishes flat (Zoom down BIG) as the pullback from the

Energy News Beat: #153 – 11/5/2020 – Hosted by Michael Tanner

Energy News Beat: #153 – 11/5/2020 – Hosted by Michael Tanner

Day three of the US presidential election leads to another rally in markets as the projected blue wave seems to have sputtered out.  With a predicted split Presidential/Senate/House, markets run wild

  • S&P 500: 2.9%
  • Nasdaq: 4.55%
  • Dow Jones: 2.36%

Oil

Energy News Beat: #151 – 11/4/2020 – Hosted by Michael Tanner

Energy News Beat: #151 – 11/4/2020 – Hosted by Michael Tanner

Day two of the US presidential election leads to another rally in markets as the projected blue wave seems to have sputtered out.  Even with a projected President Biden, the Senate looks to stay red which is generally supportive of

Energy News Beat: #151 – 11/3/2020 – Hosted by Michael Tanner

Energy News Beat: #151 – 11/3/2020 – Hosted by Michael Tanner

Daily Energy Market Summary: #150 – 11/2/2020 – Hosted by Michael Tanner

Daily Energy Market Summary: #150 – 11/2/2020 – Hosted by Michael Tanner

Markets open this week up ahead of the US election, with polls opening nation wide tomorrow morning.  Stocks rose mainly of the theme that the election with be smoother than expected. Majors indices traded mostly flat, with NQ seeing a

DOE Announces Intent to Fund Water Management Prototypes for Thermal Power Generation

DOE Announces Intent to Fund Water Management Prototypes for Thermal Power Generation

DOE

The U.S. Department of Energy’s (DOE) Office of Fossil Energy (FE) issued a Notice of Intent for a Funding Opportunity Announcement (FOA) expected to support projects facilitating the design, construction, and operation of engineering-scale prototypes of water treatment technologies …

November 2, 2020 - 8:05 am Energy News, Hydrogen, Power Generation, Renewable Energy
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5:30 p.m. Update: Power restored to more than 97% of Georgia Power customers impacted by Hurricane Zeta

5:30 p.m. Update: Power restored to more than 97% of Georgia Power customers impacted by …

November 1, 2020 - 5:01 pm Power Generation, Press Releases
Indian Prime Minister Narendra Modi (Photo: Prachatai/Flickr)

PM Modi underscores 7 key pillars of India’s energy strategy – power to the people

Energyworld

Oil & Gas 360 Publishers Note: We have applauded Prime Minister Narendra Modi many times on our daily show for his commitment to use a “Balanced Power Approach” to getting the lowest kWh to his citizens. Great job, and

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9 a.m. Update: Georgia Power working to restore remaining 78,000 customers after Hurricane Zeta

9 a.m. Update: Georgia Power working to restore remaining 78,000 customers after Hurrican…

November 1, 2020 - 5:07 am Power Generation, Press Releases