Israel’s regulators will have to learn how work with an energy giant like Chevron and raise the bar so that cooperation is fruitful, says Gina Cohen, an expert on energy and gas who serves as an adviser to energy companies, in an interview with EnergiaNews.
You haven’t heard about Chevron’s arrival in Israel in the Israeli press but a conversation with Gina Cohen, an international expert on energy, clarifies that this may be the most important economic development of the decade and casts a dim light on the financial damages caused by so-called “social activists”
A structured price formation process designed to yield a price assessment reflective of market values at the close of the typical trading day. The Market on Close allows transparent and fully verifiable market information to form the basis of the daily price assessment How data is collected: reporters collect trade information all day Processing information: …
The principal use of natural gas is energy utilization for the generation of electricity, steam and heating through combustion. As such, natural gas is an alternative raw material to fuels such as coal, renewable energies, petroleum products, etc. An additional use is the chemical processing of the main component of natural gas – methane –with …
Continue reading “Definition of a chemical process based on natural gas as feedstock”
Article examines the import of Israeli gas into Egypt from the Egyptian point of view
Batch drilling, which morphs multi-pad drilling into the assembly line concept — has been around for years in older fields. After some early positive results, some smaller companies in the field are adapting the method to their operations, shaving days off the drilling process, and subsequently saving them millions of dollars. Batch drilling will …
The Eastern Mediterranean’s gas potential is promising. Besides Egypt, the countries in the region face challenges in exploiting their resources.
The marginal cost of adding 1 kWh at the electrical node. -Calculated according to the clearing price + the transmission grid congestion costs at the calculating point + losses. -The higher the LMO, the more economically feasible it is to build a generating unit in the area. -Producers receive an energy payment that is calculated …
The last date before real time in which the central dispatch receives updates to price offers by the producers. In Europe, these times shorten in relation to real time and occasionally stand at 30 minutes, meaning that producers can revise their price offers up to 30 minutes before real time.
In certain markets, suppliers/consumers need to independently ensure the scope of required reserves above their peak demand by either reducing demand in real time or signing agreements for purchasing capacity at the rate of the required reserve exceeding the peak demand (e.g. the Midcontinent Independent System Operator in the US). In France, this is known …
