Peabody Energy yesterday announced plans to reduce approximately 250 corporate and regional positions in coming months to lower costs. “When fully implemented later this year, these reductions are expected to save $40 million to $45 million per year. The reductions represent approximately 25 percent of corporate and regional support positions, and the majority of reductions are expected… Keep reading →
NEW ORLEANS — Today, during a speech at the Edison Electric Institute (EEI) Annual Convention in New Orleans, LA, Energy Secretary Ernest Moniz signed a Memorandum of Understanding (MOU) between the Department and EEI, strengthening collaborative action to accelerate plug-in electric vehicle (PEV) and charging infrastructure deployment. Building on the President’s goal and the Department’s EV… Keep reading →
On May 20, 2015, the European Parliament voted to reject a plan that would eliminate the requirement for import licenses of ethanol of agricultural origin.
Lindsey Graham has had a bit of a confused relationship with climate change. In 2009, he joined with his then-Senate colleagues John Kerry and Joe Lieberman in crafting a climate bill, only to withdraw his support when it came time to make a big push for it. But it looks like Candidate Graham – he announced… Keep reading →
The term Internet of Things (IoT) was first coined over 15 years ago to describe the trend of connecting physical objects to the digital world. Today the concept is more relevant than ever as consumers’ use of connected devices from smartphones to fitness trackers and thermostats shape the way we live and work. And our… Keep reading →
Lower oil and liquefied natural gas (LNG) prices, both off by around 40 percent and 60 percent in the past year respectively, will continue to change the global energy landscape, impacting everything from when and if new energy projects go forward, capex spending decisions at integrated oil majors, and even geopolitics. There is not much… Keep reading →
The commercial and industrial solar power sector has not yet taken flight in the same way that residential and utility-scale solar has in recent years. But to many in the solar industry, that just screams opportunity. The C&I solar market is a strange animal for several reasons, but changing economics, regulations and technology appear to… Keep reading →
How ERCOT’s idea for aggregating solar, storage and other DERs could unlock the state’s grid-edge potential Texas, despite being one of the country’s largest and sunniest energy markets, has not seen a lot of growth of distributed solar power. Beyond low energy prices, one big reason is that the Texas deregulated energy market, which covers… Keep reading →
OPEC have pledged to stay the course following a meeting at their headquarters in Vienna on Firday — maintaining with a targeted production level of 30 million barrels per day. “The news was, frankly, just as broadly expected — thanks to the reasonably successful fruits of what has been widely described as a strategy to hold on to market share. “There’s… Keep reading →
WASHINGTON – Today, the Energy Department announced more than $60 million in nuclear energy research and infrastructure enhancement awards. Sixty-eight projects from across the country were selected based on their potential to create scientific breakthroughs that both help strengthen the nation’s energy security and reduce harmful greenhouse gas emissions. “I remain convinced that nuclear energy… Keep reading →
