Credit rating agency Standard & Poor’s has released a report that seeks to answer an important question: are there any more big, profitable shales on the order of a Bakken or an Eagle Ford to be found in the US? The primary feature of the two plays that makes them so attractive is their oil… Keep reading →
It’s no longer, if, but rather when. In study released in late July 2013, DB’s US-based Vishal Shah estimates that three-quarters of the world’s solar market will be “sustainable” within 18 months, meaning they can operate with little or no subsidy. In 2 years, he reckons, the market will have flipped from one being largely… Keep reading →
The first visible chink in the oil and gas sector’s stance on the Keystone XL pipeline project’s inevitability turned up this week in that house journal of capitalism, the Wall Street Journal. In his provocatively titled article, “U.S. Refiners Don’t Care if Keystone Gets Built,” Ben Lefebvre lists the host of ways that the sector… Keep reading →
Bad day for Venezuela, and for former president Hugo Chavez’s legacy: A massive power outage cut off electricity for almost 70% of the country’s population yesterday. “A lack of investment and training in the electric grid has contributed to more than 500 blackouts registered in Venezuela as of June this year.” [Christian Science Monitor] And… Keep reading →
NYSERDA has reached a major milestone, completing 50,000 home energy efficiency projects under the ENERGY STAR Program. On August 26, 2013, the New York State Energy Research and Development Authority (NYSERDA) announced the completion of the 50,000th project under the ENERGY STAR Home Performance Program. The achievement marks a major milestone for the program, which was… Keep reading →
Consulting behemoth IHS has published the results of the third in a series of studies on how the US unconventional oil and gas boom is impacting the country’s economy. The study, America’s New Energy Future: The Unconventional Oil and Gas Revolution and the Economy – Volume 3: A Manufacturing Renaissance, found that across the value chain,… Keep reading →
“There has rarely been a more compelling time to invest in energy,” said Barclays analysts in their latest Global Energy Outlook, released this morning. Here are four key takeaways: Oil price risk has swung from downside to upside, thanks to geopolitical risk. Geopolitical risk has supplanted US production growth as the big global story in… Keep reading →
We couldn’t have said it better ourselves. Last year’s election season brought us an amazing series of zingers and gaffes from national politicians — including a number on Solyndra and the clean energy stimulus. Since 2013 isn’t an election year (well, sort of), cleantech hasn’t been in the national spotlight in the same way. That means most of the key… Keep reading →
Aubrey McClendon, ousted chief executive of Chesapeake Energy, cannot be accused of depriving investors and other interested parties of reasons to sue, or at least question the legality of his actions. So this begs the question: why go after him for naming his company American Energy Partners? Several news sources have reported that American Energy… Keep reading →
China’s power market will more than double in size by 2030, with more than half of expected additions to come from renewables, according to Bloomberg New Energy Finance. “China’s power sector could attract investment as high as US$159 billion per year, with around half going to renewables…As a result of a cleaner energy mix, the… Keep reading →
