In an interview with Oilprice.com, International Energy Agency (IEA) Executive Director Maria van der Hoeven, discussed what the IEA called back in 2011 “a golden age of gas”. This new era was ushered in by the scale of unconventional natural gas resources found in U.S. shale formations accompanied by the absolutely essential advances in technology… Keep reading →
This question has been dissected in many ways by analysts, politicians, business leaders and countless other stakeholders, with numerous conclusions drawn. Clearly the term “energy independence” can be defined many ways. In terms of power generation, the country already is energy independent. But US petroleum import volumes usually lie at the heart of this question… Keep reading →
People who agree that climate change is a dire problem often disagree about how to solve it. In recent months, once-private disagreements have ballooned into a public spat between pro-nuclear and anti-nuclear climate activists. Depending on whom you ask, nuclear power is either “essential” or “ill-suited” to efforts aimed at staving off climate disaster. Nuclear… Keep reading →
The Washington Post had an interesting article last week on a letter sent by 18 environmental groups to the White House. Interesting because it shows the extreme disconnect between their acknowledgement of reality and their demands. First the reality, from their letter: “We understand that the U.S. cannot immediately end its use of fossil fuels and we… Keep reading →
Renewable energy businesses – primarily wind and solar power – in the US are moving from adolescence to maturity. The US solar industry experienced a transformative 2013, with the proliferation of physical assets, installed capacity and new finance mechanisms, while the wind industry raced to begin projects by end-2013 in order to receive production tax… Keep reading →
The Short-term Energy Outlook is the EIA’s periodic analysis of where energy fundamentals appear to be heading based on current data and assumptions. The reports cover supply/demand dynamics and pricing for oil, natural gas, refined products, coal, power, renewables, emissions and the US economy. This edition of the EIA’s STEO – released earlier this week… Keep reading →
In the United States, electricity generation is still the largest contributor of greenhouse gas emissions—more than 2,039 million tons a year. Although Americans are increasingly educated and passionate about climate issues, many still lack basic information about renewable energy, which can prevent them from taking action. In fact, NREL reports that although 80 percent… Keep reading →
Ecopropagator is the first crowdfunding platform to target the market for cleantech projects. It is for investors who want to make money whilst ‘making the world a better place’. We provide funding solutions and support for ecological projects as well as advice on government initiatives – all in a safe investment environment. As we are… Keep reading →
EIA’s latest Annual Energy Outlook (AEO) projects a 56 percent increase in natural gas production by 2040, overtaking coal as the largest share of U.S. electric power generation. On December 16, 2013, the Energy Information Administration (EIA) released the AEO 2014 Early Release Overview presenting updated projections for U.S. energy markets through 2040. The AEO… Keep reading →
Berkshire Hathaway energy unit MidAmerican Power Holdings has agreed to buy wind turbines with an estimated value of more than $1bln from Siemens. IFM Investors has agreed to invest $1.3 billion in equity funding for the proposed three-train Freeport LNG natural gas liquefaction and export plant in Texas, sourced from a consortium of project finance ledners. The funding in question… Keep reading →
