With the economy slowly but steadily improving, the energy industry is experiencing a rebound in confidence and financial stability. This is according to BDO USA LLP's annual survey of 100 U.S. oil and gas chief financial officers.
A growing number of DC power technologies minimize AC/DC conversions and reduce associated losses, and the use of direct current (DC) power in buildings is expanding, driven by the growing reliance on renewable energy sources, as well as increased demand for advanced energy storage devices energy efficiency within commercial buildings. Deployed at the level of a single building or microgrid, DC power distribution can reduce the number of required conversions between alternating current (AC) and DC power, thereby increasing overall building energy efficiency.
For the second month in a row, gas-fired generation gained ground on coal compared to the previous year, according to Genscape who offers U.S. power plant fuel consumption overviews for coal, gas, hydro, wind, nuclear and oil.
Is the promise of a Monterey Shale boom a myth? The Post Carbon Institute (PCI) and Physicians, Scientists & Engineers for Healthy Energy (PSE) say they have "compelling evidence" that it is. PCI and PSE's research challenges the estimates of technically recoverable resources for the Monterey Shale released by the U.S. Energy Information Agency (EIA) and INTEK in their 2011 report, as well as the economic projections from the University of Southern California (USC) in their 2013 economic study upon which the Monterey shale optimism has been based.
Dominion Virginia Power (DVP) is installing the largest rooftop solar system in Virginia -- more than 2,000 solar panels on the roof of Canon Virginia Inc.'s Industrial Resource Technologies facility in Gloucester. The project is part of Dominion's Solar Partnership Program, in which Dominion leases rooftop or ground space at commercial, industrial or public facilities for installation of solar panels.
Solar electricity will reach cost parity in 10 major regions, accelerating adoption without subsidies, and will even benefit from abundant natural gas. That is according to Lux Research. Unsubsidized utility-scale solar electricity will become cost-competitive with gas by 2025, the research says, and increased gas penetration will actually benefit solar by enabling hybrid gas/solar technologies that can accelerate adoption and increase intermittent renewable penetration without expensive infrastructure improvements.
Solar financing and other non-hardware costs (soft costs) now comprise up to 64 percent of the total price of residential solar energy systems, reflecting how soft costs are becoming an increasingly larger fraction of the cost of installing solar, according to research from the U.S. Department of Energy's National Renewable Energy Laboratory (NREL).
LED lighting technology has changed substantially in recent years and the benefits compared to traditional sodium vapor technology include improved efficiency, appearance and environmental benefits. LED lighting offers cost savings of approximately 60 percent while giving off whiter, brighter and more consistent light. Further, LED lighting does not use mercury.
The need for data centers to improve their energy efficiency while meeting an ever-growing demand for IT capacity is driving rapid growth in the market for data center infrastructure management (DCIM). DCIM -- the software, systems, and services that monitor, measure, and help control a data center's IT and facilities infrastructure -- is becoming a must-have technology for managing the complexities of the modern data center.
Nearly four in five Colorado voters (78 percent) support solar net metering, a renewable energy policy that gives rooftop solar customers full retail credit for the excess energy they put back on the grid for the utility to sell, according to a new poll from the bipartisan research team of Public Opinion Strategies and Keating Research. The majority of the poll's respondents are against Xcel's proposal to change this policy.
Today, the House Committee on Energy and Commerce will look into the Federal Energy Regulatory Commission's (FERC) role in identifying and mitigating potential impacts to electricity rates and electric reliability under U.S. Environmental Protection Agency's (EPA) new and proposed regulations on greenhouse gas emissions (GHG). As the overseer of America's electric grid, FERC must play a robust role in ensuring grid reliability before communities across the country are faced with the consequences of an unreliable electric grid as a result of EPA's rulemaking efforts.
Both the House Committee on Energy and Commerce and the EPA are receiving feedback every which way when it comes to the guidelines for states programs to reduce carbon dioxide (CO2) emissions from power plants under Clean Air Act section 111(d).
The energy-efficiency projects should result in annual energy cost savings of more than 34 percent. The school district anticipates reducing their annual electric and natural gas usage by approximately 15 percent and 48 percent, respectively.
New areas of growth will be front and center in the global energy and environment market in 2014, according to Frost & Sullivan. Based on a '2013 Search for Growth' survey of 1835 executives in more than 40 countries, Frost & Sullivan sees new areas of growth, including urbanization and smart cities, the changing dynamics of unconventional gas, and opportunities generated from increased environmental awareness and legislation, as key topics in 2014 and beyond.
PPL Corporation subsidiary PPL Holtwood has completed a new, 125 MW powerhouse at its Holtwood hydroelectric facility along the Susquehanna River in south-central Pennsylvania as part of a $440 million expansion project to boost the plant's generating capacity and improve fish passage over the century-old dam.
Dynegy subsidiary, Illinois Power Holdings (IPH) has completed its acquisition of Ameren subsidiary New Ameren Energy Resources (AER). The transaction includes AER and its subsidiaries Ameren Energy Generating Company (Genco), New AERG (AERG), and Ameren Energy Marketing Company (AEM).
OSHA's investigation found that Aldridge Electric did not implement an adequate and effective heat stress program and failed to ensure a newly employed worker was acclimatized to effects of heat and physical exertion. The worker was carrying heavy electrical conduit piping in the sun when he collapsed and died the next day.
The supervisory control and data acquisition (SCADA) market in Southeast Asia is growing due to the increasing need to optimize vital energy resources. While conventional end users such as coal and gas-fired plants will continue to employ SCADA systems, the demand from bio-power and hydroelectricity segments of the power industry is likely to strengthen
Luminant Energy Company, LLC, a subsidiary of Dallas-based Energy Future Holdings, has been fined $750,000 as part of a settlement agreement with the Public Utility Commission of Texas. The settlement stems from the alleged failure of several Luminant power generating units during peak demand on February 2, 2011, when record low temperatures caused a spike in power demand.
The benefits of energy efficiency have been largely out of reach for many of the more than 20 million U.S. families living in apartment or condo buildings that are often underserved by energy efficiency programs, but according to the American Council for an Energy-Efficient Economy (ACEEE), utilities can help. A new ACEEE report, offers advice to utilities on how to deliver energy efficiency to their multifamily customers.
The Green Village Electricity Project (GVEP) has been recognized as a winner of the Power Africa Off-Grid Energy Challenge -- an initiative sponsored by IEEE Power & Energy Society (PES) through its Community Solutions Initiative (CSI) and launched by General Electric (GE) and the United States Africa Development Agency (USADF) and -- for its efforts to introduce solar-based power to rural parts of Nigeria.