At Tuesday’s New York Energy Week Smart Grid Roundtable discussion, experts from various perspectives talked about how smart metering and new data sources are changing power grid operations, customer engagement and revenue structures. Price signals are key to altering customer behavior with regard to energy consumption, but a smart meter alone may not be enough… Keep reading →
This Thursday, April 30, 2015, the University Senate of New York University (NYU) will discuss, and likely vote on, whether NYU’s endowment should be divested from fossil fuel investments. This is the result of a pressuring campaign from a national organization that aims to “stigmatize” oil, gas and coal companies. Many leading institutions of higher… Keep reading →
News that China and Iran will try to resurrect their oil and gas relationship mostly took back stage this week to the Royal Dutch Shell-BG Group mega-energy deal of the decade. As a plethora of analysts, commentators and both print and online pundits waxed eloquent over Shell’s proposed $70 billion buyout of the British gas… Keep reading →
Merry go round. Credit Shutterstock According to research by the Cologne Institute for Economic Research (Institut der Deutschen Wirtschaft Koeln) energy imports should not be “understood as a threat to the security of energy supply and an economic disadvantage” per se. The study – “Does Dependency Equal Vulnerability? Energy Imports in Germany and Europe” commissioned… Keep reading →
Germany’s Siemens has handed over the first of a total of five commissioned North Sea grid connections, the BorWin2 offshore platform, to its customer TenneT, a German-Dutch transmission grid operator, for immediate commercial operation, the company announced in a press release on January 30. TenneT is one of the four Transmission System Operators (TSOs) that… Keep reading →
Energy News Roundup: Oil Prices and Your 401k, BHP Cuts US Shale Drilling 40% and RWE Considers SplitBy Jared Anderson
Analysts and economists are trying to figure out how falling oil prices impact various economic sectors. Many 401ks and pension funds invest in oil companies, but as long as funds are diversified they should not be hit too badly by the oil price decline. “But this is precisely why investment advisers tell us to diversify,… Keep reading →
When you live in a state heavily influenced by oil, saddle up and hold on for the ride. What comes up must come down, and real estate has room on the downside. The real question is really just how much. My clients are all energy professionals, and when I visit with them, nine out of… Keep reading →
As expected, federal regulators have approved a new physical security standard for the high-voltage electricity grid.
On November 20, the Federal Energy Regulatory Commission approved Reliability Standard CIP-014-1 (Physical Security). The standard, proposed by Commission-certified Electric Reliability Organization North American Electric Reliability Corporation (NERC), is designed to enhance physical security measures for the most critical parts of the nation’s “bulk-power system,” the high-voltage backbone of the nation’s electric grid.
Pelamis, long a leading player in the wave energy industry, has gone “into administration,” akin to Chapter 11 bankruptcy. The fall of the Scottish company, announced on Friday, was a blow to Scotland and a sign of the tremendous challenges wave developers face – but it might also signal a necessary winnowing of the incipient… Keep reading →
It appears investors were so eager to dip their toes in Brazil’s solar power market they were willing to compromise on total investment returns. The auctions held on Halloween resulted in the award of 890 MW of capacity. Prior to the Brazilian auctions, the world’s lowest unsubsidized solar contracts were reportedly found in Uruguay at… Keep reading →