Storage


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Energy Storage

Energy Storage   Live Online Course Over 4 Sessions x 3 hours Commences: 8 September   Book 3 or more participants and save $240 each   Overview   Energy storage differs from other energy technologies in the breadth and complexity of its addressable market and revenue opportunitie ...

James Soo


    08 Sep 2020


Posted 3 months agoEvent > energy storageEnergy Storage Battery Inverter IndustryEnergy Storage Battery Inverter Market Analysis +7

From Certain Doom To Cautious Optimism

A perfect storm of events – the Covid-19 lockdowns, the resulting effect on demand, an ongoing oil supply glut, a worrying shortage of storage space and (crucially) the expiry of the NYMEX WTI benchmark contract for May, resulted in US crude oil prices falling as low as -US$37/b. This was seen as ...

Hui Shan


Posted 5 months agoLink > WTIWest Texas IntermediateBrent +8

Large battery systems are often paired with renewable energy power plants

In the same year, the US leapfrogged Malaysia as the third largest LNG exporter in the world, and by 2025, its LNG production capacity could reach almost 15 bcf/d – eclipsing both Qatar and Australia. With its recent moves to tap into the vast natural gas resources in its offshore North Field and ...

Hui Shan


Posted 5 months agoLink > generationElectricityStorage +3

The WTI Oil Price Crash Explained

And now, unprecedented oil prices, as the WTI crude price marker slipped into negative territory for the first time ever. This had the same effect, though different contributing factors  in 2019, when WTI prices were depressed because demand was high but pipeline capacity was insufficient to carr ...

Hui Shan


Posted 6 months agoLink > WTIWest Texas IntermediateBrent +7

WellConnection iOS secures approval for North East Scotland’s first and largest bonded warehouse area

Leading inspection, maintenance and repair (IRM) company, WellConnection IOS (part of WellConnection Group), has secured approval from HMRC for a new bonded warehouse area at its UK base, the first and largest of its kind in North East Scotland.   The bonded area was built last year as part of a ...

Saffron Cummings


Posted 6 months agoPress > Oil and GaswarehouseHMRC +7

The U.S. placed near-record volumes of natural gas in storage this injection season

Changing nature of non-OPEC supply types may be affecting the crude oil futures marketChanges in the oil investment and production cycle may be affecting trading dynamics for West Texas Intermediate (WTI) and Brent crude oil futures contracts. Similar research from the U.S. Commodity Futures Trad ...

Hui Shan


Posted 11 months agoLink > Storagenatural gasEIA

Most utility-scale batteries in the United States are made of lithium-ion

At the end of 2018, the United States had 862 MW of operating utility-scale battery storage power capacity and 1,236 MWh of battery energy capacity. In 2017, two vanadium flow battery systems were installed in the United States, totaling 4.4 MW of power capacity and 16 MWh of energy capacity. As ...

Hui Shan


Posted 11 months agoLink > StorageElectricitypower plants +1

Natural gas inventories surpass five-year average for the first time in two years

When determining whether natural gas inventories are relatively high or low, EIA uses the average inventories for that same week in each of the previous five years. Throughout the 2019 refill season, record levels of U.S. natural gas production led to relatively high injections of natural gas int ...

Hui Shan


Posted 1 year agoLink > Storagenatural gasInventories +1

TODAY IN ENERGY: U.S. utility-scale battery storage power capacity to grow substantially by 2023

Weakening global oil demand and strong supply growth in the United States contributed to global petroleum and other liquid fuels inventory builds in the first half of 2019 and limited any sustained upward pressure on crude oil prices. EIA expects that the combination of strong growth in U.S. and ...

Hui Shan


Posted 1 year agoLink > StorageElectricityEnergy +1

TODAY IN ENERGY: In 2018, 90% of the natural gas used in the United States was produced domestically

EIA's U.S. natural gas flow diagram helps to visualize the elements of U.S. natural gas supply (production, imports, and withdrawals from storage) and disposition (consumption, exports, and additions to storage). U.S. natural gas production and consumption have both generally increased since the ...

Hui Shan


Posted 1 year agoLink > ProductionsupplyConsumption +6

SUMMIT TERMINALING, LLC SECURES EQUITY COMMITMENT LED BY EIV CAPITAL

Cumming, GA, (May 22, 2019) – Summit Terminaling, LLC (“Summit”), a growth-oriented energy infrastructure company focused on acquiring and developing bulk liquids terminal projects, today announced an equity commitment led by EIV Capital (“EIV”), a private equity firm focused on the energy industry. ...

Kacey White


Posted 1 year agoPress > terminalStorageFunding

EIV CAPITAL HIRES FORMER KAYNE ANDERSON MANAGING DIRECTOR GREG DAVIS

  Houston, TX, (February 4, 2019) – EIV Capital, LLC (“EIV Capital”) today announced that Greg Davis, former Managing Director at Kayne Anderson, has joined the firm as Partner. Greg brings 14 years of energy finance and investment experience to EIV Capital. In his new role, Greg is actively inv ...

Kacey White


Posted 1 year agoPress > midstreamProcessingStorage +1

PetroSync - API 653 Tank Inspection, Repair, Alteration and Reconstruction

PetroSync   with  Mr. Uday B. Kale  organizing a 5 days training course on  API 653 Tank Inspection, Repair, Alteration and Reconstructions.  This course is designed to give a detailed discussion onthe required engineering knowledge for In-service Storage tankswith emphasis on syllabus publis ...

PetroSync Global Pte Ltd - PetroSync


    22 Jun 2020


Posted 1 year agoTraining > PetroSyncUdayUday B Kale +37

Fundamentals of Gas Storage

This one-day course provides an overview of hydrocarbon gas storage, including natural gas, LNG, natural gas liquids, LPG, propane and butane.  Delegates will learn about the different types of storage (underground, above ground, pressure and cryogenic) storage requirements, the markets for the vari ...

Ayesha Varshney


London   England   GB 02 May 2019


Posted 1 year agoTraining > gasStorageGas Storage +3

Natural Gas Risky Business: What, Me Worry?

Natural gas storage is at record low levels but prices are falling going into winter heating season. Markets seem to be betting that wellhead supply will be sufficient to cover demand this winter. That may be but at what gas prices? This is a game of natural gas risky business. Natural gas 6- ...

Art Berman - The Petroleum Truth Report


Posted 2 years agoOpinion > natural gasStorageArt Berman +3