Breaking Defense (pha)

Posts by Breaking Defense (pha)

ML Strategies Energy & Environment Update: Week of 10/6/2014

Research Shows San Andreas Fault May Be Overdue For Large Earthquake

The fifth annual United States-India Energy Partnership summit took place in Washington last week. The United States and India created the Clean Energy Finance Forum September 30 after Indian Prime Minister Narendra Modi met with President Obama in Washington for the first time since his election in the spring. The forum will bring together public and private sector officials to consider ways to mobilize financing for India’s expanding renewable energy market. The two countries also announced a $1 billion financing deal between the U.S. Export-Import Bank and India’s Renewable Energy Development Agency to help increase U.S. renewable energy exports to India and help India transition to a low-carbon economy. In the last four years, India’s solar market has grown more than a hundredfold to reach more than 2.5 GW of grid-connected installed solar energy. India is the world’s fifth largest wind energy producer, with 20 GW of installed wind capacity.

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Greece has initiated its tender process for offshore oil and gas (hydrocarbons) exploration as of August 26, 2014. The Greek Ministry of Environment, Energy and Climate Change is seeking bid applications for its offshore oil and gas exploration in 20 block areas in the Ionian Sea and south of Crete. The Greek government is hoping this will aid the Greek economy by encouraging an influx of investment capital.

San Onofre Nuclear Generating Station Fails Pressure Test, To Be Inspected By NRC

Still wondering why more nukes are not getting built in the West? In 2002, the Finland’s parliament approved the construction of Olkiluoto 3 expecting completion by 2009. To guard against cost over-runs, Finnish utility Teollisuuden Voima (TVO) signed a €3.2 billion (roughly US$4.2 billion at current exchange rate) fixed-price turnkey contract with a consortium including… Keep reading →

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In proposing the wide-reaching Clean Power Plan, the U.S. Environmental Protection Agency (EPA) has laid out four key “building blocks” that states can use to develop their implementation plans. One of those buildings blocks focuses on improving the heat rate – that is, fuel efficiency – of coal-fired power plants. Utility executives from across the… Keep reading →

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Editor’s note: This article, written by the Department of Energy’s historian, is a deeper dive into events of historical relevance to the Department. To learn more, visit the Energy Department Historian’s website. In December 1953, the U.S. Atomic Energy Commission suspended the security clearance of J. Robert Oppenheimer, perhaps the most well-known American scientist of the… Keep reading →

Oil Boom Shifts The Landscape Of Rural North Dakota

Bakken crude producers and midstream transportation companies already experience transportation woes related to inadequate pipeline infrastructure, railroad capacity, tank car supply, rail accidents, and new regulations. But they also increasingly face a new problem: lawsuits. In September alone, the Sierra Club, one of the largest environmental organizations in the United States, filed two lawsuits challenging different aspects of crude-by-rail transportation. First, on the national level, the Sierra Club seeks to stop the transportation of crude oil in allegedly outdated and unsafe tank cars. And second, at the state level, the Sierra Club accuses a local agency of illegally permitting a rail-to-truck facility.

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The energy industry – oil & gas sector in particular – is bracing itself for a massive wave of retirements over the short to medium term, which has been dubbed “The Great Shift Change.” As the industry prepares for this turnover, companies are looking to the next generation of candidates with skills ranging from finance,… Keep reading →

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The equipment and materials manufacturer once called itself a “poster child for survival” in solar. Can it still live up to that claim?  GT Advanced Technologies, a manufacturer of solar equipment and materials for consumer electronics, has filed for Chapter 11 bankruptcy protection in a New Hampshire court. The news caps a wild ride for GT’s stock after it… Keep reading →

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This week we’re welcoming Dr. Elizabeth Sherwood-Randall, our new Deputy Secretary, to the Department of Energy. Working with Energy Secretary Ernest Moniz, she is responsible for management of the Department and execution of the Administration’s highest priority energy initiatives. Dr. Sherwood-Randall comes to the Department from the White House, where she most recently served as… Keep reading →

Schwarzenegger Signs Executive Order Setting Low Carbon Fuel Standard

In a divided opinion, the Federal Energy Regulatory Commission has found that it does not have jurisdiction over facilities proposed by Emera CNG, LLC to compress natural gas for export to the Bahamas by ship.

Natural gas is an important fuel used globally for electric power generation, heating, and industry. Throughout most of the U.S., an abundant supply of natural gas means domestic pricing for gas is lower than overseas. This creates a potentially profitable opportunity to export natural gas from the U.S., if regulatory conditions allow.

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