Power Generation

Daily Energy Market Summary: #148 – 10/29/2020 – Hosted by Michael Tanner

Daily Energy Market Summary: #148 – 10/29/2020 – Hosted by Michael Tanner

Bulls are back! Stock soar ahead of big tech earnings and better than expected GDP growth for the US. U.S. gross domestic product for the third quarter expanded at a 33.1% annualized pace, its fastest growth ever. The reading came

Daily Energy Market Summary: #147 – 10/28/2020 – Hosted by Michael Tanner

Daily Energy Market Summary: #147 – 10/28/2020 – Hosted by Michael Tanner

Another day, another red showing for all major indices as COVId-19 lockdown concerns sweep over the markets.  Dow Jones finishes below 27,000 for the first time since mid April as investor swarm to save-haven assets.  Even NQ takes a hit,

Daily Energy Market Summary: #146 – 10/27/2020 – Hosted by Michael Tanner

Daily Energy Market Summary: #146 – 10/27/2020 – Hosted by Michael Tanner

Stocks fall again amid renewed COVID-19 pressures ahead off the 2020 presidential election. Major indices (beside NQ) turn red toward the end of the session, with NQ finding slightly green action due to stay at home orders

  • S&P 500: -.09%
Daily Energy Market Summary: 360 DCB – 10/23/2020 – Hosted by Michael Tanner

Daily Energy Market Summary: 360 DCB – 10/23/2020 – Hosted by Michael Tanner

Indices remain flat as hopes of a stimulus agreement before the election were dashed by poor sentiment and a tweet from President Trump.

 

 “We’ve offered compromises, the speaker on a number of issues is still dug in,” said Treasury

Current PSPS Update: Restoration to Continue Friday Morning with a Goal of Restoring Power to Essentially All 31,000 Customers by the End of the Day

Current PSPS Update: Restoration to Continue Friday Morning with a Goal of Restoring Power to Essentially All 31,000 Customers by the End of the Day

PG&E has already restored power to approximately 74% of customers affected by the…

October 23, 2020 - 3:31 am Power Generation, Press Releases
Daily Energy Market Summary: 360 DCB – 10/22/2020 – Hosted by Michael Tanner

Daily Energy Market Summary: 360 DCB – 10/22/2020 – Hosted by Michael Tanner

More stimulus news inches major indices green as Pelosi said Thursday a deal on new coronavirus aid was “just about there.” She also said: “If we were not making progress, I wouldn’t spend five seconds in these conversations.

Due to Severe Weather and Wind, PG&E Will Turn Off Power for Safety to Approximately 37,000 Customers in Targeted Parts of 15 Counties

Due to Severe Weather and Wind, PG&E Will Turn Off Power for Safety to Approximately 37,000 Customers in Targeted Parts of 15 Counties

Strong Winds Expected to Begin This Evening Through Friday Morning Pacific …

October 21, 2020 - 6:45 pm Energy News, Power Generation, Press Releases
Daily Energy Market Summary: 360 DCB – 10/21/2020 – Hosted by Michael Tanner

Daily Energy Market Summary: 360 DCB – 10/21/2020 – Hosted by Michael Tanner

Markets chop between gains and losses as stimulus talks continued into the afternoon, with major indices flat to end the trading session.  S&P 500 was up .25%, while positive SNAP earnings pump tech stocks higher at .7% for NQ.  Dow

Daily Energy Market Summary: 360 DCB – 10/20/2020 – Hosted by Michael Tanner

Daily Energy Market Summary: 360 DCB – 10/20/2020 – Hosted by Michael Tanner

Roller coaster day for the equites markets as stimulus talks spur green indices, but slump as the market closed and stimulus hopes faded. The Dow Jones closed 113.37 points higher, or 0.4%, at 28,308.79. The 30-stock average was briefly up

Daily Energy Market Summary: 360 DCB – 10/19/2020 – Hosted by Michael Tanner

Daily Energy Market Summary: 360 DCB – 10/19/2020 – Hosted by Michael Tanner

COVID-19 cases uptick and souring stimulus sentiment lead to over 1% losses on the overall equities market today. The Dow Jones traded 450 points lower, or 1.1%. Earlier in the day, the 30-stock average was up more than 100 points.

Nigeria seeks private funding to close $2.5bn electricity gap

Nigeria seeks private funding to close $2.5bn electricity gap

Energy Mix Report

The Federal Government has called for more private sector funding to close an energy gap of $2.48 billion meant for 80 million Nigerians to have access to electricity.

The Managing Director and CEO of the Rural Electrification …

October 18, 2020 - 3:54 pm Energy News, International, Popular 3, Power Generation
Daily Energy Market Summary: 360 DCB – 10/16/2020 – Hosted by Michael Tanner

Daily Energy Market Summary: 360 DCB – 10/16/2020 – Hosted by Michael Tanner

Retail sales save the week as major industries turn green off the back of strong September retail sales information.  The Dow Jones traded 242 points higher, or 0.8%. The S&P 500 gained 0.5% and the Nasdaq advanced 0.4%. Retail sales

Daily Energy Market Summary: 360 DCB – 10/15/2020 – Hosted by Michael Tanner

Daily Energy Market Summary: 360 DCB – 10/15/2020 – Hosted by Michael Tanner

Third straight red day for the overall markets as stimulus talks look unlikely, even after Sec. Mnuchin is set to talk with House Speak Pelosi later today. The Dow slid 100 points, or 0.4%, while the S&P 500 fell 0.6%.

Wind is a growing part of the electricity mix in Texas

Wind is a growing part of the electricity mix in Texas

EIA

In 2019, wind-powered generation contributed 84.4 thousand gigawatthours (GWh) of electricity in Texas, an 11% increase from the 75.7 thousand GWh generated in 2018. Substantial growth in wind capacity in the state was the primary reason for this increase. …

October 15, 2020 - 10:28 am Power Generation, Renewable Energy, Wind
Due to Severe Weather and Wind, PG&E Will Turn Off Power for Safety to Approximately 53,000 Customers in Targeted Parts of 24 Counties

Due to Severe Weather and Wind, PG&E Will Turn Off Power for Safety to Approximately 53,000 Customers in Targeted Parts of 24 Counties

Strong Winds Expected to Begin This Evening and Last Through Friday Morning in Most…

October 15, 2020 - 4:51 am Power Generation, Press Releases
Daily Energy Market Summary: 360 DCB – 10/14/2020 – Hosted by Michael Tanner

Daily Energy Market Summary: 360 DCB – 10/14/2020 – Hosted by Michael Tanner

Major indices fall flat as Treasury Secretary Mnuchin comments on passing stimulus before the election. Mnuchin said around midday that getting a deal done before the election would be difficult, adding that both sides were still far apart on certain

EIA’s International Energy Outlook analyzes electricity markets in India, Africa, and Asia

EIA’s International Energy Outlook analyzes electricity markets in India, Africa, and Asia

EIA

Countries that are not members of the Organization for Economic Cooperation and Development (OECD) in Asia, including China and India, and in Africa are home to more than two-thirds of the world population. These regions accounted for 44% of …

Daily Energy Market Summary: 360 DCB – 10/13/2020 – Hosted by Michael Tanner

Daily Energy Market Summary: 360 DCB – 10/13/2020 – Hosted by Michael Tanner

Markets downs after new coronavirus vaccine is put on hold, driving major indices to the first losses in 4 trading sessions.  The Dow Jones dropped 157.71 points, or 0.6%,. The S&P 500 slid 0.6% to 3,511.93. The Nasdaq dipped 0.1%

Daily Energy Market Summary: 360 DCB – 10/12/2020 – Hosted by Michael Tanner

Daily Energy Market Summary: 360 DCB – 10/12/2020 – Hosted by Michael Tanner

US markets trade higher to start this week as stimulus talks appear to be getting us to a place where investors are happy. The Dow Jones rose 353 points, or 1.2%. The S&P 500 gained 1.9% and the Nasdaq advanced

Duke Energy’s New ESG Plans Target Coal, Methane & Higher Dividends

Duke Energy’s New ESG Plans Target Coal, Methane & Higher Dividends

247Wallst

Oil & Gas 360 Publishers Note: I applaud Duke Energy for setting these aggressive ESG goals, and hope they meet and exceed them. We have been seeing many different reports about the amount of renewable energy waste, and un-recyclable

October 11, 2020 - 6:22 am ESG, Popular 2, Power Generation, Renewable Energy
Daily Energy Market Summary: 360 DCB – 10/9/2020 – Hosted by Michael Tanner

Daily Energy Market Summary: 360 DCB – 10/9/2020 – Hosted by Michael Tanner

Markets moved slightly upwards after Larry Kudlow reports a revised package has been agreed upon by President Trump.  Dow Jones traded over .75% higher, while tech heavy Nasdaq outgained all, up over 1.2% as $1,200 stimulus check outlook is bullish

Daily Energy Market Summary: 360 DCB – 10/8/2020 – Hosted by Michael Tanner

Daily Energy Market Summary: 360 DCB – 10/8/2020 – Hosted by Michael Tanner

Mixed day for the markets as traders react to statements from both House Speak Nancy Pelosi and President Trump each give conflicting statements, driving markets sideways for a ranged bound day. The Dow Jones closed 122 points higher, or 0.4%.

U.S. Department of Energy Announces $26.9 million for Advanced Nuclear Technology

U.S. Department of Energy Announces $26.9 million for Advanced Nuclear Technology

DOE


WASHINGTON, D.C. – – The U.S. Department of Energy (DOE) today announced funding for three domestic projects that will accelerate advanced nuclear technology development. These projects, valued at $26.9 million including industry cost-share contributions, will allow industry-led teams to …

October 8, 2020 - 11:53 am Energy News, Nuclear, Power Generation
NextEra’s green energy focus makes it more valuable than Exxon or Chevron

NextEra’s green energy focus makes it more valuable than Exxon or Chevron

(Bloomberg) –Chevron Corp. overtook Exxon Mobil Corp. as the largest oil company in America by market value, the first time the Texas-based giant has been dethroned since it began as Standard Oil more than a century ago.

The reordering of …

Daily Energy Market Summary: 360 DCB – 10/7/2020 – Hosted by Michael Tanner

Daily Energy Market Summary: 360 DCB – 10/7/2020 – Hosted by Michael Tanner

Trump tweets storm strikes again, this time sending major indices running higher amid the idea of more targeted stimulus.  President Donald Trump tweeted support for aid to airlines and other stimulus measures, stoking hope that a smaller aid package could

Daily Energy Market Summary: 360 DCB – 10/6/2020 – Hosted by Michael Tanner

Daily Energy Market Summary: 360 DCB – 10/6/2020 – Hosted by Michael Tanner

Stocks get hammered Tuesday as President Trump announces via Twitter that he is calling off stimulus talks late in the trading session.  The Dow Jones closed 375.88 points lower, or 1.3%, The S&P 500 ended the day down 1.4%. The

Daily Energy Market Summary: 360 DCB – 10/5/2020 – Hosted by Michael Tanner

Daily Energy Market Summary: 360 DCB – 10/5/2020 – Hosted by Michael Tanner

Trump gets discharged from Walter Reed Hospital and sends stocks flying with majors indices finishing at least 1.5% higher.  US lawmakers also are expected to reach a stimulus agreements in the near future. House Speaker Nancy Pelosi and Treasury Secretary

Daily Energy Market Summary: 360 DCB – 10/2/2020 – Hosted by Michael Tanner

Daily Energy Market Summary: 360 DCB – 10/2/2020 – Hosted by Michael Tanner

Episode #52: Weekly Energy Market Summary – October 2nd, 2020

Episode #52: Weekly Energy Market Summary – October 2nd, 2020

First show of Q4 starts out wild on the back of President Trump testing positive for COVID-19, sending the markets into a frenzy to start the show. The crew from OAG360 cover everything that happened during the crazy energy market

Daily Energy Market Summary: 360 DCB – 10/1/2020 – Hosted by Michael Tanner

Daily Energy Market Summary: 360 DCB – 10/1/2020 – Hosted by Michael Tanner

Mixed bag in the markets today as major indices give traders different views of the market.  Tech-heavy index Nasdaq trade 1.5% higher on news that a revised stimulus will include direct payments which had been a boon for the Nasdaq …