Energy Secretary Ernest Moniz’s has emerged as a central figure in the Iran nuclear negotiations with his background as a nuclear physicist making him a key player in the high-profile bilateral framework. “President Obama and aides have asked Moniz to explain the technical details of an agreement in which Iran would give up the means… Keep reading →
A recent report by consultancy IHS Cera takes aim at common arguments against development of Canadian oil sands, but acknowledges the need for continued – and improved – environmental monitoring and regulation. Groups opposed to construction of the Keystone XL pipeline frequently feature the following claims on their websites: that the pipeline will not enhance… Keep reading →
Daniel Yergin, vice-chairman of IHS Cera, has published an op-ed in the Wall Street Journal to commemorate the 40th anniversary of the Arab Oil Embargo of 1973. The piece drives home a central point: oil production and pricing can adapt relatively quickly to changing circumstances, provided that governments refrain from stepping in to influence them. “A… Keep reading →
A new study from consultancy IHS Cera has concluded that construction of the Keystone XL pipeline would not have a material impact on US greenhouse gas emissions, in part because the replacement for volumes from Canadian oil sands would most likely have the same carbon footprint. Breaking Energy has reported on comments in the past… Keep reading →
Governments of resource-rich countries commonly fill their coffers via royalties, taxes and other fiscal mechanisms that allow them to benefit from their national endowments. But while a well-designed fiscal regime can benefit both producers and residents, excessive government take can force producers to look elsewhere for returns, stifling investment. When governments establish fiscal terms for… Keep reading →
Speakers at the Energy Information Administration Conference in Washington, DC this week addressed three critical questions raised by the prospect of US LNG exports: how much US gas will the global market take, what impact will US exports have on global prices, and will development of unconventional gas outside of North America have a dampening… Keep reading →
The best way to get $6 natural gas is to have everyone plan on $3 gas.
That was a sentiment heard repeatedly last week, during the winter meeting of the National Association of Regulatory Utility Commissioners (NARUC) and the Department of Energy’s National Electricity Forum in Washington, DC earlier this month. Keep reading →
The US energy system will be transformed beyond recognition in the next quarter century, but the only certainties are that no one knows what it will look like and it will cost a lot of money.
Electricity’s future is about “disruptive technologies,” speakers including Secretary of Energy Steven Chu told the National Association of Regulatory Utility Commissioners (NARUC) and the Department of Energy’s National Electricity Forum Feb. 5-9 in Washington DC, and the power industry needs “partnerships” with state regulators to invest in the uncertain new era. Keep reading →
