According to Alcoa, nearly three million tons in capacity have been removed or idled globally year - to - date, with a lion's share of
production curtailments occurring in China.
However, the effects could actually become slightly bullish over time as the recovery efforts pick up, and intriguingly, there is «potential for some sustained US onshore
production curtailments.»
Not exact matches
In fact, the situation already leads to «
curtailment» of solar
production during peak hours, with thousands of megawatt - hours of potential energy simply getting turned off, even as other plants continue to produce.
Forward - looking statements include, among other things, statements regarding future:
production, costs, and cash flows; drilling locations and zones and growth opportunities; commodity prices and differentials; capital expenditures and projects, including the number of rigs employed and the number of completion crews; renegotiation of our credit facility; management of lease expiration issues; financial ratios; certain accounting and tax change impacts; midstream capacity and related
curtailments; our ability to meet our volume commitments to midstream providers; ongoing compliance with our consent decree; and the timing and adequacy of infrastructure projects of our midstream providers.
«The
curtailments will contribute to the Company's long - term goal of lowering Alcoa's position on the world aluminum
production cost curve by 10 percentage points,» the company said in a statement.
«Eagle Ford
production has been on an upward trend since it bottomed out in late 2016, although rig counts have been declining since reaching 86 on May 26,» Dallas Fed said, noting that the Eagle Ford output dropped in late August and early September due to
curtailments amid Hurricane Harvey.
Next the scientists looked at the energetic cost of
curtailment — the practice of shutting down solar panels and wind turbines to reduce the
production of surplus electricity on the grid.
Pointing to the very aggressive
curtailment of capital expenditures, and the expectations that
production numbers have only started to roll over, McKinley is focusing on high - quality energy companies.
This theme includes actions to reduce capital costs; reduce annual operating expenses; optimize annual energy
production and reduce
curtailment and system losses; reduce financing expenses; reduce grid integration and operating expenses; and reduce market barrier costs.
I suspect the
curtailment of oil
production in the Gulf of Mexico has to do with the ideological and philosophical motivations of environmentalism — and it is crippling to note why socialist bigwigs are still doing that.
In this way it is possible to make the best out of the wind resource, reducing
curtailment of excess
production, and at the same time maximise the duration of storage.