Britain, the first country to use coal for electricity, has had its first working day with zero generation from the fossil fuel last Friday, signalling the energy system in the UK is changing, Kallanish Energy learns from energy provider National Grid.
UK’s energy utilities Centrica and SSE saw their shares drop 4-5% on Monday following pledges by the Conservative party to cap domestic energy prices in the country, if it was to win the election manifesto proposed to June 8, Kallanish Energy reports.
Argentina’s shale-rich Neuquén Province will hold a meeting with oil investors in Houston tomorrow, a day before President Mauricio Macri meets his U.S. counterpart Donald Trump, province’s governor Omar Gutiérrez said last week.
Working natural gas in storage at March 31, the traditional end of the heating season, totaled 2.05 trillion cubic feet (Tcf), nearly 15% above the five-year average, according to the Energy Information Administration.
Seven utilities last week warned a U.S. Bankruptcy Court judge they believe nuclear energy icon Westinghouse Electric won’t be able to continue operating with “just” an $800 million bankruptcy loan.