Energy Secretary Ernest Moniz is in India today in an effort to soothe tensions from a diplomatic issue and trade dispute over solar panels, and to renew coordination on climate change and energy policy, E&E reports.
NEW DELHI (AP) — For six years in a row, India's monopoly coal producer has missed its production targets, leading to chronic electricity shortages and sending power producers scrambling for pricier imports. But what looks like a looming crisis could turn out to be an almost accidental energy overhaul.
Like many developing nations, India has relied for decades on cheap coal to provide electricity for burgeoning industry and fast-expanding cities, putting aside worries about pollution and global warming.
But from three years ago when solar capacity was almost zero, the country has added 2.2 gigawatts of solar to its electricity grid, enough to power 20 million Indian homes. It plans another 2 GW this year, toward a total 15 GW addition by 2017. Individual states plan even more. India has also added about 26 GW in coal-fired capacity since 2011, but already plants are sitting idle for lack of cheap supply.
WASHINGTON (AP) — Obama administration officials faced the prospect of contentious questioning Thursday from lawmakers about reports that China and India are significantly expanding imports of Iranian petroleum.
When world powers reached an interim nuclear deal with Iran three months ago, U.S. officials stressed that they weren't easing oil trade restrictions against Tehran. This month, President Barack Obama threatened to come down like a "ton of bricks" on countries that circumvent those penalties.
Nevertheless, Chinese imports of Iranian crude have jumped nearly 30 percent since November compared with the previous six months, according to government data. Some reports suggest Indian imports doubled in January; U.S. officials believe the growth was far more modest.
Foreign investors from the Middle East to Europe are flocking to buy into power plants in India, assessing that the prospects of gains fueled by high demand outweigh the risks which turn many into money losing ventures, The Wall Street Journal reports.
Calgary-based Husky Energy Inc. on Wednesday shipped the first-ever supply of Canadian oil to India, marking the beginning move of a push among Canadian producers to send oil to markets beyond the U.S., The Wall Street Journal reports.
Indian officials said they plan to dispute the United States' World Trade Organization complaint that alleges India has restrictive market policies to limit imports of American solar panels, Bloomberg reports.
WASHINGTON (AP) — The U.S. brought a trade complaint against India Monday over a solar energy program it says discriminates against American manufacturers, adding another wrinkle to a bilateral relationship strained by the recent arrest and strip-search of an Indian diplomat.
It is the second time in a year that Washington has requested dispute settlement consultations with India over the program that it contends violates World Trade Organization rules by requiring suppliers use Indian-manufactured solar cells and modules.
U.S. officials say the trade case was in the works long before the December arrest of India's deputy consul general in New York, Devyani Khobragade, who was accused of visa fraud and under-paying her maid. In a compromise, Khobragade was indicted then deported in January, and both governments say they want to repair the relationship.
NEW DELHI (AP) — Think twice before taking a deep breath in New Delhi, where worsening air pollution has drawn comparisons with Beijing, the world's pollution poster child.
On bad days in India's congested capital, the air is so murky it slows traffic to a crawl. Conversations are punctuated with rasping coughs. Weak bands of sunlight filter through a grainy sky.
Air monitoring sensors around the landlocked Indian capital have routinely registered levels of small airborne particles at "hazardous" levels in recent months — three to four times New Delhi's own sanctioned limit, rivaling Beijing.
A solar summit at the White House, headlined by Energy Secretary Ernest Moniz and senior advisor John Podesta, brought an announcement of $15 million set aside for state, local and tribal authorities to use to develop solar and other projects that could help the fight against climate change, The Hill reports.
S. Elizabeth Birnbaum, who headed the agency regulating drilling at the time of the 2010 Deepwater Horizon disaster, has co-authored an opinion piece in The New York Times, charging that the Obama administration has done little in the four years since the Macondo well blowout to ensure drilling safety.
The League of Conservation Voters is ripping into Rep. Cory Gardner, R-Colo., running against Democratic incumbent Sen. Mark Udall, for his views on the environment and climate change, The Hill reports.
Baker Hughes saw a 23 percent increase in first quarter profits on earnings of $328 million, or 74 cents a share, on gains in efficiency as well as increased demand for its services as well counts grow in the Permian Basin, CEO Martin Craighead said, according to FuelFix.
Oilfield services company Schlumberger saw “solid” first quarter results, according to CEO Paal Kibsgaard, with technology sales and growth from Saudi Arabia to Ecuador to offshore Australia boosting profits 26 percent, FuelFix reports.
Lawyers with a trade group have told Reuters that the Internal Revenue Service could resume issuing letters authorizing master limited partnerships as early as May, having paused back in March to consider the proliferation of companies applying for them.
Compliance with Order 764, which mandates utilities work to integrate power from renewables into the grid, was a major topic at the monthly meeting of the Federal Energy Regulatory Commission, Platts reports.
A partnership between T. Boone Picken’s hedge fund BP capital Management and Wyoming company Moser Energy Systems, to be called Mesa Natural Gas Solutions, hopes to become the country’s biggest supplier of natural gas engines to oilfield drilling rigs, the Casper Star-Tribune reports.
A final regulation submitted by the California Department of Public Health would limit chromium to 10 parts per billion in public drinking water, the Los Angeles Times reports, noting it would be the first rule of its kind in the country.