New research from Shelton Group reveals that 26 percent of Americans say they prioritize energy-efficient home improvement over aesthetics but actual projects say something different.
PPL Corporation has a new financing arrangement with 21 regional and local banks in eastern and central Pennsylvania to provide a $300 million revolving credit facility that will be used for general corporate purposes, including infrastructure investments by the company's operating subsidiaries, as well as community development, job creation and training, affordable housing and support for small businesses.
A new report from Southern California Edison (SCE) attempts to demonstrate that the utility's decision to permanently shut down the San Onofre Nuclear Generating Station (SONGS) in June was an appropriate cost-mitigation measure in light of the failure of the replacement steam generators supplied by Mitsubishi Heavy Industries.
Power Engineering magazine and RenewableEnergyWorld.com have named Minnesota Power's Bison Wind Energy Center near New Salem, N.D. the best wind project of the year, recognizing its excellence in design, construction and operation.
Exelon Corporation has launched the first in a series of Innovation Expos aimed at bringing together employees and outside experts to explore innovative solutions to complex business problems, specifically, ways in which Exelon can create value by tapping into the ever-expanding field of "big data."
Alliant Energy's Iowa utility company, operating under Interstate Power and Light Company (IPL), received a proposed decision and order today from The Iowa Utilities Board (IUB) has approved a siting certificate and establishing ratemaking principles for IPL's proposed Marshalltown Generating Station (MGS).
Merger and acquisition (M&A) activity in the North American power and utilities industry increased in the third quarter of 2013 on both a year-over-year and sequential quarter basis as dealmakers in the industry continue to consider opportunistic M&A to achieve strategic growth, according to PwC U.S.
With recent news accusing Arizona Public Service of trying to kill rooftop solar, Xcel Energy is also in the crosshairs and accused of attacking rooftop solar because of its desire to manipulate net metering for solar customers. Xcel is asking the Public Utilities Commission for permission to pay rates below market value to rooftop solar customers who feed electricity back into the grid. Xcel's proposal could undermine net metering policies by preventing consumers from receiving fair credit for energy they return back to the grid.
Despite decreasing government supportand high-profile bankruptcies, the solar photovoltaic (PV) market continues to grow. Technology costs have steadily declined and continue to do so. By the end of this decade, Navigant Research predicts that solar PV will be cost competitive with retail electricity prices in a significant portion of the world -- even without subsidies. In fact, annual installations of new solar PV capacity will more than double by 2020 -- from 35.9 GW in 2013 to 73.4 GW in 2020, according to Navigant.
Microgrids have been implemented across the globe, but each region varies widely in terms of investment, development and deployment. As new vendors continue to enter the market and previously undiscovered projects come to life, the microgrid market proliferates. Nowhere is this clearer than in North America. In fact, North America is the world's leading market for microgrids with a current planned, proposed, and deployed capacity of 2.7 GW, according to Navigant Research.
Public-private partnerships can play a role in rehabilitating the nation's aging water and wastewater infrastructure, according to Tom Roberts, president of Aqua North Carolina, which has spent more than $11 million to repair and improve water and wastewater systems throughout the state.
Southern California Edison (SCE) is putting its SEEP (Schools Energy Efficiency Program) to work to help reduce public and private school energy use. Education is a traditionally underserved market with the potential for a wide variety of retrofits, including fluorescent lamps, ballasts and high-bay lighting, light-emitting diode (LED) lamps, lighting occupancy sensors, and various other energy-saving measures that benefit school environments.
The California Independent System Operator (ISO) Corporation Board of Governors has approved changes that will help power plant developers better react to changing business conditions that trigger the downsizing of projects, many of which are often highly scalable renewable generators. The changes will allow developers to adapt projects to fit within a more flexible business model.
The University of Central Florida (UCF) has been awarded $3.2 million to lead one of four national consortia to develop distributed technologies, increase engineering capacity and prepare for a national shift from traditional sources of electricity to renewables such as solar and wind.
The oil and gas production industry is failing to report measurable reductions of its impacts on communities and the environment from hydraulic fracturing operations, according to a scorecard report by As You Sow, Boston Common Asset Management, Green Century Capital Management, and the Investor Environmental Health Network (IEHN), which benchmarks 24 companies engaged in hydraulic fracturing against investor needs for disclosure of operational impacts and mitigation efforts.
The U.S. Department of Energy (DOE) SunShot Initiative has selected the California Center for Sustainable Energy (CCSE) to lead a $1.3 million project to streamline and standardize solar energy installations for residential and small commercial uses throughout California. The center administers the California Solar Initiative in the San Diego Gas & Electric service territory, providing rebates for residential and commercial solar PV, solar water heating systems and other solar thermal applications.
The Pennsylvania Coal Alliance is calling upon federal regulators to allow flexibility for states developing emission standards in order to strike an appropriate balance between environmental improvements and economic concerns, as well as to work collaboratively with energy stakeholders (as the government did with the auto industry) to improve fuel efficiency and reduce U.S. dependence on foreign oil.
Senators Robert Menendez (D-NJ) and Pat Toomey (R-PA) have introduced the Start-up Jobs and Innovation Act, which would modernize the U.S. tax code to stimulate investment in groundbreaking research and development at start-ups and growing companies. While the bill is not industry specific, it will energize research and development in the energy industry by encouraging investment in early-stage businesses.
The increasing costs of the fuels used to generate electricity have spawned a need for technology that can improve the efficiency of fuel conversion, setting the stage for combined heat and power (CHP) to emerge as the distributed power generation technology of choice. In fact, the CHP market covering Europe, North America, and Asia-Pacific across the residential, commercial, industrial, and institutional sectors earned revenues of $4.26 billion in 2012 and should generate $4.91 billion in 2017, according to projections from Frost & Sullivan.
In response to CPUC Commissioner Mark J. Ferron's November 4 issuance of Alternate Proposed Decision, Tony Earley, PG&E chairman, president and CEO said that he and the organization take the concerns seriously, but issued a caveat.