First Reserve announced late last week it will acquire the 298 MW Kingfisher Wind power project located in Canadian and Kingfisher Counties in Oklahoma from Apex Clean Energy. The wind farm is expected to be completed this year. “First Reserve believes the project benefits from a strong, consistent wind resource. In addition, the firm expects… Keep reading →
Methane emissions from oil and gas production have become a serious issue for regulators concerned about greenhouse gasses, as well as for oil and gas producers who see lots of money going up in flames as gas flares and vents. But technology innovators are finding ways to capture the wasted natural gas and profitably use… Keep reading →
Energy News Roundup: First Reserve Buys Wind Project, Tax Credits for Solar Projects Set To Be Reduced & Governors Declare States of Emergency in NY, NJ, CTBy Conor O'Sullivan
Energy Department creates Jobs Strategy Council to Focus on Job Growth in Energy Economy WASHINGTON – Today, Secretary Moniz announced the creation of the Jobs Strategy Council (JSC), an initiative focused on accelerating job growth in American-made clean energy sources while implementing the President’s Climate Action Plan, during a roundtable with the business leaders of… Keep reading →
The 2015-2016 session is now in officially in full swing. With the pomp and circumstance of Governor Wolf’s swearing in behind them, legislators started to get down to the nitty-gritty this week. The first order of business was committee reorganization; members were given their assignments, and committees held their inaugural meetings to adopt rules for the upcoming session. Between Wednesday and Thursday, some of the committees met to report out substantive legislation, with most of the action happening in the Senate.
Alaska’s Arctic National Wildlife Refuge regained national attention over the weekend when the Obama administration announced plans to prevent oil and gas drilling along the coastal plain, which is expected to contain considerable hydrocarbon resources. Senator Lisa Murkowski and state officials vehemently oppose the action and are digging in for a fight. Murkowski, Gov. Bill… Keep reading →
An amendment to the Keystone XL Bill aims to eliminate the corn ethanol mandate in the Renewable Fuel Standard. On January 16, 2015, Sens. Dianne Feinstein (D-CA) and Pat Toomey (R-PA) introduced the “Corn Ethanol Mandate Elimination Act of 2015” as an amendment to the Keystone XL Pipeline Act (S1) introduced on January 6. The… Keep reading →
The first and probably the most relevant constraint to electricity markets is transmission grid capacity. Despite the liberalization of the sector, in many countries congestion continues to be a hindrance for competitive prices. Italy is one such country. Data on day-ahead market prices show a decrease in the last few years which has been principally driven… Keep reading →
Energy News Roundup: U.S. Gasoline Price Drop Diminishing, Exelon-Pepco Merger, Pres. Obama Visits Saudi ArabiaBy Conor O'Sullivan
The down surge in U.S. gasoline prices following the fall in global oil prices may finally be abating, according to Lundberg Survey Inc. “Prices are $1.2422 lower than a year ago, according to the survey, which is based on information obtained at about 2,500 filling stations during the two weeks ended Jan. 23 by the… Keep reading →
When it comes to your home’s energy, foremost in your mind may be preparing for winter weather—and it should be! But if you have ever considered adding a geothermal heat pump, a small wind turbine, a solar energy system, or a residential fuel cell and microturbine system to your home, now is also a good… Keep reading →
Gasoline prices have been falling steadily for months. Now a gallon may be purchased for substantially less than three dollars in many regions of the country. That’s welcome news for consumers, but environmentalists, regulators and first responders have been asking whether there are risks associated with this happy development that may not be obvious and which should be addressed.