Editor’s note: This post has been updated since publication. In June, Deputy Secretary Daniel Poneman traveled to Japan for the third meeting of the Bilateral Commission on Civil Nuclear Cooperation (BLC). The BLC was launched by President Obama and Prime Minister Noda during their meeting in Washington in April 2012, recognizing that the need for… Keep reading →
Japan’s Tohoku Electric Power Company has agreed to buy 0.9 million tons per annum of LNG for 20 years from the 8.9 mtpa, Chevron-operated Wheatstone LNG project in Australia. Other committed buyers for Wheatstone production include TEPCO, Kyushu Electric Power Company and Chubu Electric Power Company. First LNG is scheduled for 2016. US independent Apache completed… Keep reading →
March 2012 shattered US temperature records. What about the summer?
Electricity market operators are not generally fond of hot summers, when consumers turn up their air conditioners to stay cool, while straining the network, sometimes to the brink of disaster. This summer is no exception, especially in a few places where supplies are likely to be tight. Keep reading →