US Natural Gas Fired Power Consumption Hits Record High

https://encrypted-tbn3.google.com/images?q=tbn:ANd9GcTxNML1Xw6yfAvdjW_ZgdYPuCM3YE8sju6o9t4h_IQkB74SbxqBData from the U.S. Department of Energy shows the nation’s energy sector used a record amount of natural gas-fired generation this past February, reports Reuters.

Consumption from natural gas power plants rose 34 percent from a year before in February, as prices lingered at a 10-year low and many utilities began to switch away from coal-fired generation in response to tightening environmental standards.

Through April 10 of this year, the gas-fired power plants consumed an average of 5 billion cubic feet per day more than over the same period last year, Arun Jayaram from Credit Suisse told the news source. Even Southern Company, which traditionally has relied on coal-fired power plants more than most utilities, saw coal fall below natural gas consumption. Read more

Fund Raising Secrets for Startups & Early Stage Companies

Wall Street Capital Raising SecretsIf you are leading any type of business, then you will be making decisions about capital structure – how much equity, how much debt – what sources, when, etc?

It does not matter whether you are a start-up or a Fortune 100 company. In fact, capital raising and venture funding is one of the most common areas where our clients seek help.

Here’s something interesting and immediately useful. We recently completed the study of a very informative and practical EBook on raising capital for Start-ups and Early Stage Companies.

We believe this is the most comprehensive guide available on the topic of Raising Capital, and the entire process surrounding it.

Based on our research, this is the most detailed and practical ebook on the topic of capital raising available on the Internet, written by professionals who have raised millions of dollars in business funding. Once you start reading the ebook, you will immediately see how much value is there in the book.

If you had to engage the services of Wall Street professionals like Timothy Daniel Hogan, it would cost over $1000 per hour, but you can get their life-long experience and lessons packed in this affordable ebook. So if you are involved with startups, or business funding in any way, this ebook is a must read. Read more

Suzlon Energy to set up 3000 MW Wind Energy Farms in AP, India

January 17, 2012 by · Leave a Comment
Filed under: Energy, Renewable Energy 

Suzlon Energy, one of the world’s leading wind turbine manufacturer and wind energy projects developer, said has informed the market that it plans to invest Rs 180 billion in the Indian state of Andhra Pradesh (AP) for development of wind capacity in the state totaling 3000 MW between 2012 and 2016.

Suzlon has entered into a Memorandum of Understanding (MoU) with the AP State Government. Under the MoU, the AP state government will help Suzlon to obtain necessary approvals and clearances for the development of the wind energy farms of 3000 MW capacity. In return, Suzlon will be the preferred wind energy developer and will channel wind energy investments into the AP state through its global customers base. The MoU covers the development of wind energy farms across the state. It should be noted that AP state has the largest coastline in India, and has high potential sites for wind energy that can use Suzlon’s new S9X range of wind turbines.

ONGC In Talks With ConocoPhillips For Oil & Gas Exploration

January 16, 2012 by · Leave a Comment
Filed under: Energy, Oil & Gas 

Business Line reported that Oil & Natural Gas Corporation Limited (ONGC) is in talks with ConocoPhillips to explore the possibilities of joining hands for the exploration of oil and gas in Indian deep sea and shale gas in North America. ONGC is planning to sign a memorandum of understanding (MoU) with ConocoPhillips for cooperation in exploration and development of shale gas and deep water opportunities.  Full Article

New Copper ETFs Are In Demand

July 27, 2011 by · Leave a Comment
Filed under: Commodities, Copper 

Copper ETFs are set to be the next big thing in commodities trading. Latest estimate says that China will triple its consumption of copper to 20 million tons by 2020. China will account for 49% of world copper sales by then. With ETFs getting active, copper price is going to be bullish in the coming months. Base metals analysts have predicted that copper price might rise by 50% to $12,000 a metric ton in the next 12 months.

Goldman Sachs, JP Morgan, Deutsche Bank, and BlackRock are leading investors behind new Copper ETFs that would trade on leading stock exchanges like NYSE, while investors derive prices from LME copper index and comex copper futures.

There are already a few Copper ETFs listed across exchanges in the USA, like:

  • First Trust ISE Global Copper (NASDAQ: CU)
  • Global X Copper Miners ETF (NYSEArca: COPX)
  • iPath DJ-UBS Copper (NYSEArca: JJC)

Read more

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