The energy industry – oil & gas sector in particular – is bracing itself for a massive wave of retirements over the short to medium term, which has been dubbed “The Great Shift Change.” As the industry prepares for this turnover, companies are looking to the next generation of candidates with skills ranging from finance, geology,… Keep reading →
The single biggest contributor to climate change in California is a blown-out natural gas well more than 8,700ft underground, state authorities and campaign groups have stated. [The Guardian] A new report from Oklahoma’s energy industry is highlighting more bad news resulting from the slide in oil and natural gas prices. [KOCO] A new study says… Keep reading →
Germany energy giant E.ON has officially separated its fossil fuel assets into a new company, dubbed Uniper. [The Guardian] Oil prices quickly gave back early gains to close lower on Monday after investor concerns about Middle East tensions gave way to a continued focus on weaknesses in global economies. [The NY Times] New Jersey is… Keep reading →
2015 ends on a high note for U.S. energy policy as Congress voted to repeal the obsolete, ‘70s-era ban on crude exports. Dozens of studies agree that lifting the restrictions will put downward pressure on gas prices, reduce the trade deficit, and provide a boost to economic growth and U.S. energy production. Throughout the year,… Keep reading →
The California Public Utilities Commission has issued a proposed decision adopting the successor to the existing Net Energy Metering tariff.
What would the holidays be without energy? Sure, you could still roast your chestnuts – provided you had an open fire. And you still might find your way around on a dark, foggy night – with help from a certain reindeer. But in many cities and towns things would be significantly less jolly and less… Keep reading →
Just in time for the holidays, the Pennsylvania Public Utility Commission (PUC) quietly gave the gift of more affordable electricity to millions of Pennsylvanians. PECO Energy Company, a leading Pennsylvania utility, had requested a significant distribution rate increase – meaning higher bills for its approximately 1.6 million electric customers. After months of discussion, last week… Keep reading →
The Department of Energy is taking a critical step toward the development of a consent-based approach to siting future nuclear waste management facilities as part of a strategy for the long-term storage and disposal of spent nuclear fuel and high-level radioactive waste. The launch of our consent-based siting initiative represents an important step toward addressing this… Keep reading →
Until states submit their individual implementation plans, it is not clear what role nuclear will play in the Clean Power Plan. The Environmental Protection Agency says that existing nuclear plants do not count toward state emissions levels – only new construction or stations that have undergone new uprates. This has only exacerbated the industry’s current… Keep reading →
John Manley, chief equity strategist at Wells Fargo Funds Management has stated his confidence in energy investment growth for 2016. [CNBC] MIT researchers have developed a simple procedure for making a promising type of solar cell using lead recovered from discarded lead-acid car batteries. [MIT News] The French oil and gas multinational Total has been… Keep reading →
