OK, many already know the US lacks a comprehensive energy policy, but an IEA study released this week reaches that same conclusion. The long-term nature of energy development projects does not mesh well with 2-year and 4-year election cycles. “A chief obstacle in US energy policy a lack of clarity, the report says. This month’s… Keep reading →
Regulations
Energy News Roundup: Lack of US Energy Policy Revealed, PA Shale Driller Penalized and Alstom Pleads Guilty to Bribery
By Jared AndersonSign up and get Breaking Energy news in your inbox.
We will never sell or share your information without your consent. See our privacy policy.From launch of the New York Green Bank, New York Power Authority initiatives and energy leadership at the highest levels of state and local government, New York is working hard to ensure people have access to reliable, clean and affordable energy. These are some of the folks who help make that happen. Breaking Energy worked… Keep reading →
Mexico’s Energy Reforms: Can Mexico Emerge as a Prime Global Oil & Gas Industry Expansion Prospect?
By Roman KilisekMexico’s legislature recently passed historic energy reforms designed to attract desperately-needed foreign direct investment to the inefficient nationalized energy sector for the first time since 1938. This was when then-President Lázaro Cárdenas seized fields from U.S. and British companies and made oil at all stages of production, refining and distribution constitutionally guaranteed legal property of… Keep reading →
MidAmerican Energy Holdings, a unit of Warren Buffett’s Berkshire Hathaway, has agreed to buy nearly 450 2.3-megawatt wind turbines – with an estimated collective value of over $1 billion – from Siemens. “MidAmerican is expanding in wind as costs fall.” [Bloomberg] China’s move to tackle air pollution could push major Australian coal mining operations from… Keep reading →
In the United States, coal is facing hard times. The welcome, though unexpected expansion of unconventional natural gas resources and production in North America has made natural gas the economically attractive fuel choice for new electricity generating power plants and, in many cases, has replaced older existing coal fired plants. From 2003 to 2013 coal’s… Keep reading →
Modernizing the US power grid while incorporating increasing volumes of intermittent renewable energy is the electrical engineering challenge of our time. And there’s a lot at stake from costly blackouts to highly profitable energy storage solutions. Fragmented and often outdated regulations enforced by competing government agencies from local to national levels compound the problem. These… Keep reading →
Smaller oil and gas producers have been major drivers of the US shale boom, and hedging has been critical to financing their operations. But rising production is driving more hedging activity as that market is becoming less liquid, which could mean higher hedging costs for some producers. “There’s a reason the shale and tight oil… Keep reading →
Does Future National Energy Legislation Depend on the Success of an Efficiency Bill?
By Greentech MediaSenator Shaheen: “If we can’t do this, it’s going to be very difficult to do anything else on energy policy.” It’s been more than five years since Congress passed a national energy bill. But that doesn’t mean legislators stopped trying. There have been four attempts from Democrats to introduce a national renewable energy standard, with no traction… Keep reading →
Half empty in the West, half full in a handful of centrally planned economies Nuclear power’s prospects appears to be doomed in the West where markets and private investors tend to make the decisions and assume the risks, that is, if they can get the public’s support and regulator’s approval. In other parts of the… Keep reading →