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    Featured Power News - May 16, 2022

    W&W/AFCO Steel Leases Former Wind Power Plant
    Manufacturing W&W/AFCO Steel on Wednesday announced plans to expand operations to the former LM Wind Power site at the Little Rock Port. The $18.7 million investment is expected to create 115 full-time jobs over five years, growing the company's statewide
    Scott Carroll
    Duke Energy secures offshore wind lease for Carolina Long Bay
    United States, May 12 -- Duke Energy Renewables Wind, LLC, a nonregulated subsidiary of Duke Energy, has been named a provisional winner of OCS-A 0546 lease area in the Carolina Long Bay offshore wind auction.The lease was one of two
    Pivotal Sources
    Offshore Wind Turbine Market Growth Strategies, Regional Overview, Business Share and Leading Companies Forecast Analysis by 2028
    Londan, United kingdom -- (SBWIRE) -- 05/12/2022 -- The COVID-19 pandemic slowed down the world economy by disrupting shipping. Roller bearings, which connect gearboxes to wind turbines, were in short supply because of the demand for these components from shipping
    Office of Energy Efficiency & Renewable Energy: Study Finds Distributed Wind Energy Potential Equivalent to Half of National Electricity Demand
    WASHINGTON, May 13 (TNSRes) -- The U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy issued the following news release on May 12, 2022: The U.S. Department of Energy's (DOE) National Renewable Energy Laboratory today released the Distributed
    Targeted News Service
    TotalEnergies and Duke Energy win second offshore wind auction in the U.S.
    TotalEnergies and Duke Energy have won the second offshore wind auction held in the United States this week for the Carolina Long Bay area. The leases awarded to the two companies could result in about 1.3 GW of offshore wind
    CE Noticias Financieras
    USA: Study Finds Distributed Wind Energy Potential Equivalent to Half of National Electricity Demand
    Source: US Office of Energy Efficiency and Renewable Energy NREL Study Identifies Opportunities for Distributed Wind to Empower Communities Across the United States The U.S. Department of Energy’s (DOE) National Renewable Energy Laboratory today released the Distributed Wind Energy Futures
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    Featured Gas News - May 16, 2022

    Middle East & Africa Power & Renewables Insight

    Fitch Solutions Sector Intelligence
    Electricity prices to rise 12 percent this summer, say analysts
    May 13—Get out those T-shirts and shorts, summer electricity prices (and therefore air conditioning costs) are expected to rise 12 percent this summer, according to the state Public Service Commission. "Overall, the Statewide average residential full-service commodity rate is expected
    Rick Karlin, Times Union, Albany, N.Y.
    Russian pipeline sanctions raise fears of gas interruption
    BERLIN (AP) — Natural gas prices rose Friday after Russian state-owned exporter Gazprom said it would no longer send supplies to Europe via a pipeline in Poland, citing new sanctions that Moscow imposed on European energy companies. The move doesn't
    Associated Press
    TVA increasing electric rates in Chattanooga due to soaring natural gas prices
    May 12—Chattanooga homeowners will have to spend more on electricity this summer as the weather warms up and the Tennessee Valley Authority contends with a surge in natural gas prices. TVA, which generates about 20% of its electricity using natural
    Dave Flessner, Chattanooga Times Free Press, Tenn.
    4th hike in 5 months: Gujarat govt raises fuel surcharge to Rs 2.50 per unit
    Gujarat government raised fuel surcharges by 20 paise to Rs 2.50, applicable on every unit of electricity consumed, for the fourth time in the last five months. This hike will impact electricity bills of all categories of consumers with the
    Avinash Nair
    The Government approves the gas price cap but will not apply it until final approval is obtained from Brussels
    The Government has approved this Friday in an extraordinary Council of Ministers the Royal Decree Law that includes the mechanism to intervene in the price of gas used in electricity generation and reduce the bill of millions of consumers. However,
    CE Noticias Financieras
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