News

Clean Power Plan to hit energy-intensive industries hard

The U.S. Environmental Protection Agency's (EPA) proposed Clean Power Plan is the latest in a series of regulations that, in conjunction with rising natural gas prices, will increase the cost of electricity and natural gas by nearly $300 billion in 2020 compared with 2012, according to a study by Energy Ventures Analysis for Peabody Energy.

EIA launching U.S. crude oil import tracking tool

The U.S. Energy Information Administration (EIA) has released a new tool for tracking U.S. crude oil imports, allowing policymakers, analysts, and the public to more easily track trends in this area.  The tool sheds light on the adjustments to imports being made in response to growing production of crude oil within the United States and is just one part of EIA's ongoing effort to assess the effects of a possible relaxation of current limitations on U.S. crude oil exports, which is another avenue to accommodate domestic production growth.  

CT community combines ancient Greek and modern hydropower technology

Meriden, Connecticut has taken an interesting approach to shaving its electric bills by generating power from water that normally would spill over a dam. A project is underway to take advantage of technology commonly attributed to Archimedes.

Wind energy tax credits in for a rough ride

The news reports and speculation over what Congress will do with federal wind energy tax credits when Republicans control both the House and Senate come January are numerous. The biggest backers of the wind industry tax credit program are not expected to have as much pull as they did, which could mean a questionable future for the industry.

Census Bureau reports renewable power generation growing

According to new U.S. Census Bureau statistics, revenues for electric power generation industries that use renewable energy resources rose 49.0 percent from $6.6 billion in 2007 to $9.8 billion in 2012, and include hydroelectric, wind, geothermal, biomass, solar and tidal energy.

Zero net energy investments hard to justify in the U.S.

The global market for zero net energy (ZNE) commercial buildings is expected to grow to $239.7 million by 2018, according to BCC Research, with a five-year compound annual growth rate (CAGR) of 50.6 percent driven by a global green building boom, ongoing governmental regulations, and regional environmental concerns.

NOIA, API research reveals vast benefits of untapped areas offshore

The National Ocean Industries Association (NOIA) and the American Petroleum Institute (API) have released studies demonstrating potential additional energy and economic benefits to the United States if the Eastern Gulf of Mexico and the Pacific outer continental shelf (OCS) were opened to offshore oil and natural gas development.  

Utilities worried about depleted coal stockpiles

Utilities that use Western coal are deeply concerned about the seriously low levels of coal stockpiles available to them, and they're blaming the railroad for not doing a better job of serving them.

70 IOUs commit to EV fleets

Today at the White House, PG&E Corporation Chairman, CEO and President Tony Earley and Edison Electric Institute (EEI) President Tom Kuhn announced two electric power industry initiatives to further commercialize electric transportation technologies, including a commitment by more than 70 investor-owned electric utilities to devote at least five percent of their annual fleet acquisition budgets to the purchase of plug-in electric vehicles (PEV) and technologies -- representing an investment of approximately $50 million annually.

Apple, Google among Green Power Leadership Award recipients

The U.S. Environmental Protection Agency (EPA) has announced the recipients of its annual Green Power Leadership Awards for achievements in advancing the nation's renewable energy market and reducing greenhouse gas emissions. The 19 Green Power Partners receiving the award were chosen from more than 1,300 partner organizations that comprise EPA's Green Power Partnership, including utilities, renewable energy project developers, and other green power suppliers.

Idaho Power to greatly expand its solar resources

Idaho Power is adding a lot of solar to its renewable energy portfolio lately. Idaho regulators okayed two contracts Friday and neighboring Oregon approved three that will generate 60 megawatts of electricity the utility will buy.

EPA Clean Power Plan overestimates electric industry compliance costs

The U.S. Environmental Protection Agency's (EPA) Clean Power Plan proposal to curb carbon pollution from power plants overestimates the electric power industry's compliance costs by as much as $9 billion, according to a Natural Resources Defense Council (NRDC) report.

Halliburton wants to buy Baker Hughes in $35B cash and stock deal

Halliburton's proposal to buy Baker Hughes, one of the world's largest oilfield services companies, for $34.6 billion has certainly attracted a lot of attention in the industry. And the acquisition move by Halliburton against a backdrop of falling oil prices is generally seen as the first of many consolidations.

Would Keystone XL make a difference in future oil prices?

The Keystone XL pipeline fell short in Congress by one vote Tuesday, but the questions regarding its possible effects on oil prices have been a topic of conversation since TransCanada first proposed the link between Western Canada to the U.S. Midwest and Gulf Coast several years ago.

Optimism growing over U.S. oil self-sufficiency

The United States currently has enough affordable natural gas production to meet rising and changing sources of demand, and will be self-sufficient in oil in five to 10 years, according to oil and gas decision makers surveyed recently by Deloitte LLP.

CESA names clean energy winners

The Clean Energy States Alliance (CESA) has announced the winners of its 2014 State Leadership in Clean Energy Awards, recognizing eight state programs and projects that have accelerated the adoption of clean energy technologies and strengthened clean energy markets.

France, Australia take diverging paths to renewable energy

While France has set ambitious goals to increase the share of renewables in its energy portfolio, Australia has taken a completely opposite approach -- repealing its 2011 Clean Energy Act, which established a carbon pricing mechanism, according to an analyst with research and consulting firm GlobalData.

Five social media tips for utilities

Social media has matured to the point where utilities can leverage the tool as an effective and low-cost way to help achieve electronic billing (e-bill) adoption goals. The use of social media among consumers is pervasive, offering a new, low-cost and effective entry point for utilities to reach their customers. By understanding industry trends and adopting best practices, utilities can leverage social media to complement a comprehensive, integrated and effective e-bill marketing program that will increase visibility and engagement of electronic, or paperless, billing.

HERO program adoption soars in California

This week, 42 cities and counties across California launched the HERO Property Assessed Clean Energy (PACE) Program, enabling homeowners and commercial property owners to pay off energy- and water-efficiency improvements through their property tax bill. Since its inception in 2011, the HERO program has been adopted by more than 200 communities across the state.

PJM ready for winter, but worried about next year

Regional transmission operator PJM is confident that it has made the preparations and improvements it needed to in preparation for the cold weather to come this winter. However, company officials are looking ahead to 2015-2016 with more than a little concern.