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Tag: energy

Markets News 

The biggest thing early stage startups should avoid when pitching to investors, according to a clean energy venture fund manager

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“Plus, many investors remain hesitant to back energy startups” writes Benji Jones for businessinsider.com. It’s not compelling when an entrepreneur says they’re going after some share of a $50 billion market — “that doesn’t carry any weight.”. Returns take time, energy technologies can be risky, and for some, the bitter memories of failed investments are still fresh.Because if it’s a new fund that just raised $100 million, that’s going to be a lot more patient.”. Canin is a board member of E8, the oldest clean-tech angel investing group in the…

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Crypto News 

Blockchain Pilot Makes Waves in Russia’s Energy Sector

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“Earlier this week, Russian tech startup Waves announced it has been testing a blockchain solution for payments in the retail electricity sector” writes Stephen O’neal for cointelegraph.com. But what exactly makes blockchain a good fit for the energy sector?. Indeed, these days, the energy sector is widely considered to be one of the most attractive fields for DLT. A 2019 academic study titled “Blockchain Technology in the Energy Sector: A Systematic Review of Challenges and Opportunities” reviews as many as 140 blockchain commercial and research initiatives within the field.In the…

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News 

The best energy-efficient upgrades to save money at home

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“Most energy-efficient improvements add value to your home in addition to saving you money on your utility bill” writes Tribune News Service for seattletimes.com. Power-saving outlets, smart thermostats, an energy monitor you can actually read — there are plenty of ways to upgrade the technology in your home to conserve energy and, ultimately, save money.Harnessing the sun’s energy to power your property is a long-term, low-risk investment — and it pays.By switching to energy-efficient lightbulbs, you’ll get the same amount of light in your house for a fraction of the…

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News 

Agreement Swaps Tariff Rollbacks for Farm, Energy Purchases

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“The deal will provide more protection for foreign companies in China, and Chinese companies in the United States, Chinese officials said” writes Min Read for reuters.com. The United States would suspend tariffs on Chinese goods due to go into effect on Sunday, and reduce others, officials said.U.S. markets have gyrated on rumors and leaks about the trade deal in recent months, but were muted on Friday on news it had been agreed. Source: reuters.com

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News 

DUK Crosses Above Key Moving Average Level

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“In trading on Friday, shares of Duke Energy Corp (Symbol: DUK) crossed above their 200 day moving average of $90.33, changing hands as high as $90.37 per share” writes Bnk Invest for nasdaq.com. Duke Energy Corp shares are currently trading up about 0.9% on the day.The chart below shows the one year performance of DUK shares, versus its 200 day moving average: Looking at the chart above, DUK’s low point in its 52 week range is $82.46 per share, with $97.37 as the 52 week high point — that compares…

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Futures News Oil 

U.S. oil futures settle above $60 for first time since mid-September

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“Oil futures settled higher on Friday, with U.S. prices above $60 a barrel for the first time since mid-September” writes Markets Commodities Reporter for marketwatch.com. Traders digested news of a preliminary phase one U.S.-China trade deal that helped ease worries about the outlook for energy demand.The question of whether U.S. benchmark crude-oil futures can “break above multi-month resistance in the low $60s will depend on U.S.-China trade relations; a favorable deal with material tariff reductions will be supportive of a move higher in oil, while continued confusion on the status…

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AUD News 

Australia should ‘consider’ nuclear power as part energy mix: report

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“Nuclear technologies should be considered as part of Australia’s energy future, chairman of the parliament’s energy committee and Liberal MP Ted O’Brien says” reports news.com.au. A parliamentary committee report recommended the government lift a partial ban on nuclear energy and undertake a public engagement program. Source: news.com.au

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News 

Nuclear energy ‘only game in town’ for zero carbon emissions tech

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“Nuclear energy is the “only game in town” when it comes to zero carbon emissions technology, Nationals MP Keith Pitt says” reports news.com.au. A parliamentary report titled Not without your approval recommends the Australian government lift a moratorium on nuclear energy to open a dialogue with the Australian community.Mr Pitt told Sky News nuclear technology has changed and is “a lot safer now” and should be considered “with an open mind”. Source: news.com.au

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News Oil 

Baker Hughes Signs Renewables PPA to Power Texas Facilities

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“Houston-based energy technology company Baker Hughes signed a power purchase agreement (PPA) in collaboration with in collaboration with Energy Edge Consulting and EDF Energy Services to power 170 facilities in Texas with 100% renewables” writes Alyssa Danigelis for environmentalleader.com. Baker Hughes, formerly BHGE, offers products and services across the oil industry value chain.In an announcement on Wednesday, the company said its new PPA covers energy from Apex Clean Energy’s 500-megawatt White Mesa Wind project in Texas, and the Talitha Energy solar project in Jim Wells County, Texas, being developed by…

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News 

Final Deadline Approaches for 2020 Environment + Energy Leader Awards

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“This elite program, now its eighth year, recognizes winners from across industries for providing significant sustainability and energy management results” writes Alyssa Danigelis for environmentalleader.com. In 2019, the judges gave special awards to SPX Cooling Technologies for the Marley NC Everest Cooling Tower, Johnson Controls and University of Hawaii for their 100% renewable energy college campus project, SolarEdge for the EV Charging Solar Inverter, and Saudi Aramco for a project that conserved 90 million gallons of water through better compressor efficiency and reliability. Source: environmentalleader.com

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