Think about this: Together, five New York cities – Albany, Buffalo, Rochester, Syracuse and Yonkers – have a population of 908,000. If they were one city, it would be the 11th most populous city in the U.S. Given their combined energy, environmental and economic impact, the New York Power Authority (NYPA) has launched the Five… Keep reading →
There are some words in the business world that become swiftly debased: innovation and cleantech are, along with “crowd” anything, are among the worst of recent offenders. But that doesn’t mean that any of these terms fail to represent meaningful concepts for energy sector decision-makers, and if anything participants in energy business decision… Keep reading →
Barclays’ senior geopolitical strategist Helima Croft is heavily quoted in this piece about the potential for escalating Iraqi violence to negatively impact the country’s oil & gas industry. “If they could get the political and security situation under control, Iraq could have tremendous upside advantage for investors. It would be a fantastic growth story,” said… Keep reading →
With a $210M initial funding approval, NY Green Bank is poised to begin operations in early 2014. On December 19, 2013, New York State Governor Andrew M. Cuomo announced $210M initial capitalization for the $1B New York Green Bank, a market-based clean energy funding initiative launched in September. The funding includes $165M Public Service Commission… 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 →
Although debunked for having nothing to do with natural gas development or hydraulic fracturing, anyone familiar with the internet has likely seen the now-famous clip of someone lighting tap water on fire in the activist documentary Gasland. In an effort to obtain baseline drinking water data in New York’s portion of the Marcellus Shale… Keep reading →
The U.S. residential solar segment witnessed record growth in Q3 2013 with 31,000 individual installations. On December 10, 2013, GTM Research and the Solar Energy Industries Association (SEIA) released a report analyzing U.S. solar market performance across 28 states and the District of Columbia during Q3 2013. According to the report, Q3 2013 represents the… Keep reading →
New York City’s largest solar facility to be deployed at Freshkills Park will increase the city’s current renewable capacity by 50 percent. On November 25, 2013, Mayor Bloomberg announced NYC’s largest solar energy facility will be installed at Freshkills Park, Staten Island. The 10 MW facility, with potential to generate five times more power than… Keep reading →
The oil production targets agreed to in Iraq’s service contracts with international oil companies in 2009 were unrealistic from the start for technical and political reasons, and it now appears output thresholds at several of the country’s largest fields will be scaled back. [Wall Street Journal] A small bankrupt energy company is seeking to force… Keep reading →
NY State’s Strategic Gasoline Reserve will hold three million gallons of fuel to prevent emergency supply gaps. On October 26, 2013, New York State Governor Andrew M. Cuomo launched the first U.S. state-based Strategic Gasoline Reserve as part of the Fuel NY initiative to prevent potential supply gaps during weather events and emergencies, such as… Keep reading →
