Finance

Reconsidering the Rebound Effect

General Views Of Hazelwood Power Station

By: Kenneth Gillingham, assistant professor of economics at Yale University’s School of Forest & Environmental Studies, David Rapson, assistant professor of economics at the University of California, Davis, and Gernot Wagner, lead senior economist at EDF The rebound effect from improving energy efficiency has been widely discussed—from the pages of the New York Times and New Yorker to the halls of policy and… Keep reading →

Inside The City Of London's New Landmark Skyscraper

ISO New England’s 2014 Regional System Plan underscores that retirements indicate the need for new resources to address future demand despite energy efficiency measures projected to flatten demand over time. On November 6, 2014, ISO New England (ISO-NE) issued the 2014 Regional System Plan, its annual guide on New England’s long term power-system planning efforts.  The… Keep reading →

LPO

At the Department of Energy’s Loan Programs Office (LPO), each project in our portfolio that comes online is an important achievement in our all-of-the-above energy strategy. In the five years since it issued its first conditional commitment, LPO has helped launch the utility-scale photovoltaic (PV) solar industry, deploy the next generation of concentrating solar power, revitalize the U.S. nuclear industry, commercialize cellulosic biofuels,… Keep reading →

Tropical Storm Arthur Threatens North Carolina's Outer Banks

In 2012, the average American family spent 2.7 percent of their household income on home energy bills. While this might not sound like a lot, it adds up to almost $2,000 a year in energy costs. And much of that energy — 20 percent or more — is wasted on things like air leaks, poor insulation, and inefficient heating… Keep reading →

Ford Dearborn Truck Plant Builds New 2014 F-150 Trucks

The recent slide in oil prices—yielding sub-$3 a gallon gas nationally—won’t deter drivers from what they want most from their vehicles: fuel economy, Ford Motor CEO Mark Fields told CNBC Tuesday. He appeared on “Squawk Box” as the first new, lighter aluminum F-Series pickups were rolling off the assembly line at the Ford Rouge Center in Dearborn, Michigan,… Keep reading →

Fracking In California Under Spotlight As Some Local Municipalities Issue Bans

Benefits of the U.S. Oil and Natural Gas Boom are Permanent, Says Citi. Forbes: The return of the U.S. as an energy superpower will not be a short-term event with the economic benefits likely to last “at least two generations”, according to the latest research from Citi. That is one of the key findings in a… Keep reading →

doe light

Below are some of the most frequently asked questions and answers about the new lighting efficiency standards. Learn more about your lighting choices and find out how to shop for lights by lumens, not watts. Download our Lighting Myths and Facts fact sheet to learn more about your lighting choices and the new lighting standards. Why are… Keep reading →

NY2

Those in the energy business might want to steer clear of the news these days – and not because environmental problems and liberal opposition are continuing to cause their normal heartaches for the industry. From the New York Times to the Financial Times and every outlet in between, the headlines are dire. “Falling Oil Price Raises Questions… Keep reading →

Ford Electric Car Plant Builds Electric Focus And Hybrid Vehicles

A California public utility has brought the largest battery energy storage in North America online. Funded partially by federal stimulus funds, Southern California Edison’s Tehachapi Wind Energy Storage Project is designed to demonstrate the effectiveness of large-scale battery storage systems.

Southern California Edison Company is the largest electricity supply company in Southern California. As part of the U.S. Department of Energy’s implementation of the American Recovery and Reinvestment Act of 2009, the utility won funding to develop a major battery energy storage system (or BESS). The Tehachapi Wind Energy Storage project consists of an array of lithium-ion batteries capable of storing 32 megawatt-hours, deliverable as an 8 megawatt stream of energy for 4 hours. The LG Chem batteries rely on the same lithium-ion cells installed in battery packs for General Motors’ Chevrolet Volt electric vehicle, and feature 608,832 individual battery cells arrayed in 10,872 battery modules and 604 battery racks. Along with two 4MW/4.5MVA smart inverters, the project will be housed in a 6,300 square foot facility sited at SCE’s existing Monolith substation.

Yukos Oil and Gas Company

Planned TransCanada Pipeline Would Allow Gulf Access, CEO Says The Wall Street Journal: A planned Trans- Canada Corp. oil pipeline designed to ship crude from Western Canada to Eastern Canadian refineries could also be used to access the Gulf Coast, creating an end-run around U.S. permitting delays for the Keystone XL pipeline, according to the company’s… Keep reading →

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