SEOUL, June 4- A proposed energy U-turn by South Korea's new government would put the environment at the center of energy policy, shifting one of the world's staunchest supporters of coal and nuclear power towards natural gas and renewables. South Korea's LNG imports could jump by more than 50 percent by 2030, while coal shipments could peak as early as next year.
SANTIAGO, April 25- General Electric Co is in talks with an independent energy producer to make a significant move into wind power in Chile, two people with knowledge of the process told Reuters, as the conglomerate expands its global renewable footprint. GE is in talks to provide turbines for wind farms to be developed by Ireland's Mainstream Renewable Power...
"Small-scale LNG was considered by the group to be an area where we need to boost the activity," Frederic Deybach, who works on Engie's small-scale LNG programme, told Reuters on the sidelines of a gas conference in Japan. Engie, the world's largest independent power producer, is aiming to develop small LNG-to-power projects in island chains as investments slump...
JOHANNESBURG, March 1- Thousands of coal truck drivers descended on South Africa's capital Pretoria on Wednesday to protest against the country's renewable energy programme, after President Jacob Zuma expressed support for the sector last month. Coal is used to generate the lion's share of South Africa's power supply and job cuts are a particularly thorny...
Discussing Donald Trump's ideas for energy independence with David Sandalow, Former Energy Undersecretary, Helima Croft, RBC Capital Markets, and Tilman Fertitta, CNBC's Billion Dollar Buyer and Landry's Inc. Chairman & CEO.
CNBC's Kate Kelly reports natural gas is rallying amid major snowstorms in the East Coast region. Power plants are also benefiting.
Erik Wytenus, Head of Foreign Exchange and Commodities at J.P. Morgan Private Bank outlines the headwinds for gold going forward.
If you've noticed your utility bills falling, there's a good reason. Surging natural gas production in the U.S. has had one benefit already: curbing or even cutting power costs.
With uncertainty and volatility big issues much like last year, money managers say go for high dividend-paying stocks and sectors such as healthcare, consumer staples and utilities.
Energy used to be something we took for granted; it is was cheap, accessible and plentiful. Now, energy seems precious, complicated and fractious, a chip in the high-stakes game of geopolitics.
Even when renewable energy is relatively cheap to produce, current costs to store huge amounts of solar and wind power can be two or three times the value for utilities supplying electricity.
With all its attributes, solar energy still hasn't taken off with consumers. What's not to like. Apparently, a lot. For one, switching over is a" a hassle," says a solar firm CEO.
The resulting yo-yo effect on fuel prices for the last three years has made it hard for consumers and businesses to loosen their purse strings enough to jump start the lackluster economy.
Automakers are gearing up for mass-market production of hydrogen-powered cars starting in 2015, but the fuel-cell technology has plenty of skeptics, including President Barack Obama.
Choosing energy-efficient appliances, such as Energy Star, making a few small repairs and adjusting some behavior can help consumers save hundreds of dollars a year in energy costs.
With gasoline prices still stubbornly high, a new fuel from an old source could keep America moving more cheaply in the near future. It's coal-based ethanol and Celanese is making a big bet on it.
Try these two sectors instead, the "Mad Money" host said.