The 2014 American Energy & Manufacturing Competitiveness (AEMC) Summit taking place in Washington DC next week couldn’t come at a more interesting time. News of increasing US manufacturing competiveness seems to be popping up all the time, boosted by the country’s energy production renaissance that has reduced feedstock costs for many manufacturers. This is rejuvenating… Keep reading →
First principles are important. Rooting New York Energy Week in the priorities established by a community of volunteers, participants, sponsors and advisors paid off in the second iteration of the event series last month, with panels of exceptional insight, unusually impactful networking and deserved attention for an industry that too often flies under the radar in… 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 →
During his first stint as prime minister in 2006, Prime Minister Abe’s Nuclear Energy National Plan from December 2006 talked about a “re-recognition of the importance of energy security in industrialized nations” with the direction of energy policy not being “Nuclear energy “OR” Renewable energy but Nuclear energy “AND” Renewable energy.” As a previous article… Keep reading →
Northeast distillate inventories decreased by 19% in the past 3 weeks and are currently 50% below the 5-year average, according to the EIA. “Demand for heating oil has outpaced supply during January’s cold snaps, resulting in a drawdown of stocks… In addition to increased demand from consumers that regularly use oil heat, press reports indicate… Keep reading →
Energy efficiency can make as meaningful a contribution to energy market supply as fuels such as oil and coal, according to the International Energy Agency’s first-ever Energy Efficiency Market Report , released today. “We must change the way we think about energy efficiency. We need to start considering it a fuel, alongside oil, gas, coal or… Keep reading →
More nukes are shutting down than getting built. Cheap and plentiful natural gas accomplished what thousands of anti-nuclear protesters could not: shut down the Yankee Nuclear Power Station in Vernon, VT. In late August 2013, the operator of the plant, Entergy Corp., the second biggest operator of nuclear reactors in the US after Exelon, announced that the decision… Keep reading →
Local chambers of commerce have shaped the economic vitality of cities and towns for more than a century. Every day, businesses large and small turn to local chambers for guidance and support. Economic development organizations collaborate and sometimes merge with their local chambers, tapping into their unique knowledge of their communities’ strengths, challenges and needs.… Keep reading →
Most people associate Saudi Arabia with oil, but natural gas supply is one of the most important issues in the Kingdom today. If the Saudis want to remain one of the world’s largest oil exporters, they need to simultaneously address the challenges associated with subsidized domestic energy prices, their internal energy consumption rate and domestic non-associated natural gas development.
“The Kingdom is in desperate need of rolling back the world’s second-largest portfolio of energy subsidies, which are driving domestic demand for its chief export commodity, crude oil,” Jim Krane, Gulf energy analyst at Cambridge University’s Judge Business School told Breaking Energy in an email. Keep reading →
