Any game-changing technological advance benefits some industries and challenges others. Ratings agency Standard & Poor’s has compiled a list of winners and losers from the US shale boom in a report, Game Changer: Industry Winners And Losers From The U.S. Shale Revolution, released yesterday. Among beneficiaries of the shale boom are the petrochemical industry, which is enjoying lower… Keep reading →
The revised Master Limited Partnerships Parity Act would allow renewable energy projects to access financing and tax advantages that are currently available only to fossil fuel energy projects. On April 24, 2013, a group led by Sen. Chris Coons (D-Del.) introduced an expanded version of the Master Limited Partnerships Parity Act introduced in 2012 to… Keep reading →
Meeting an RPS is costing less than previously thought in many states. Late last year, a study found that California’s 33 percent renewable portfolio standard (RPS) could result in a “rate impact bomb” in coming years. A new report from the Union of Concerned Scientists, however, found that for fourteen of the 29 states with an RPS… Keep reading →
Hawaii, which arguably needs renewable energy more than any other state, is making progress. A new report says that renewable generation for the Hawaiian Electric Company and its subsidiaries, Maui Electric and Hawaii Electric Light, grew from 12 percent of energy needs in 2011 to 13.9 percent in 2012. This increase was attributed to more rooftop and… Keep reading →
With GE’s software, stored wind can increase three revenue streams. After premiering its 2.5-megawatt, 120-meter rotor Brilliant wind turbine in February, GE is now announcing the commercial installation of the first three models that will integrate energy storage capability. GE’s (NYSE:GE) engineering advances have long been moving toward two broad objectives: achieving a more rapid… Keep reading →
