On Monday the Advanced Energy Economy Institute released a new report on the United State’s clean energy revolution, documenting how renewable power and energy efficiency have become cost-competitive. “But the report can also be read as a damning indictment of America’s official energy information service, the EIA, which has been a consistent source of misinformation for the policymakers, planners and… Keep reading →
The US Energy Information Administration’s (EIA) newly released analysis of the impacts of the EPA’s proposed Clean Power Plan finds a mixture of technology, market forces and policy could result in a significant carbon emissions reductions if the rule is ultimately passed. The rule is intended to reduce CO2 emissions from existing fossil fuel power generation… Keep reading →
The state of Hawaii: remote, tropical and a haven for tourists. But for locals the remoteness of the islands poses a problem. Since the state producers no hydrocarbon resources of its own, it has to import all of its energy needs, resulting in electricity prices as much as three to five times the national average.… Keep reading →
Samson Resources Corp., owned by private-equity firm KKR & Co., is working with restructuring advisers, as the steep decline in oil and gas prices complicates its efforts to stem losses and manage debts. “The Tulsa, Okla., company is working with law firm Kirkland & Ellis LLP’s restructuring practice and Blackstone Group LP’s restructuring advisory… Keep reading →
It is that simple, yet not simple Between 2006 and 2009, Texas installed roughly 7 GW of wind capacity, nearly all in West Texas, where it is windy. But since there is virtually no load in the area, nearly all generated power had to be transmitted to major load centers in the South and East… Keep reading →
According to EIA, the first half of 2014 showed the highest year-over-year growth in residential electricity prices since 2009, with the largest price increases recorded in New England. On September 2, 2014, the Energy Information Administration (EIA) released a report highlighting that U.S. retail residential electricity prices from January-June 2014 showed the highest year-over-year growth… Keep reading →
A post-Hurricane Sandy storm has been brewing in New Jersey since PSE&G filed an infrastructure-hardening project with the Board of Public Utilities last year. The utility is seeking $3.9 billion to fortify power grid infrastructure flooded during the hurricane. The BPU is balking at the price and questioning the extent to which customers will benefit… Keep reading →
Countering the Russian incursion into Crimea, the House Energy and Power Committee is debating multiplying American LNG exports, and sending shale gas in liquid form to countries overseas, a move that consultants say will raise US electricity prices. A knock-on effect of sending more shale gas abroad is that US electricity companies that have gas-fired… Keep reading →
By Arjun Kharpal U.K. regulator Ofgem has called for a full investigation into the country’s energy market, to “clear the air” over competition and whether the public is being ripped off. The move comes amid rising anger towards the so-called “Big Six” energy companies which have been accused of hiking energy bills to boost their… Keep reading →
Massachusetts has finalized RGGI regulation amendments to implement a new emissions cap of 91 million tons per year, starting in 2014. On December 9, 2013, the Massachusetts Department of Environmental Protection (DEP) issued final amendments to the Regional Greenhouse Gas Initiative (RGGI) regulations of the Commonwealth of Massachusetts. Pursuant to the RGGI Updated Model Rule… Keep reading →
