Citigroup Inc. recently pledged $100 billion for lending, investing, and facilitating deals related to sustainability, renewable energy, and climate change mitigation. This is yet another sign that global capital markets are enormously interested in delivering capital into clean, renewable sources of energy. But you don’t have to be Citigroup to invest in the clean energy… Keep reading →
The Obama administration announced Monday it plans to tighten regulations for offshore oil rigs, saying the new measures will help prevent oil-well blowouts and minimize environmental damage.”The proposals announced by the Interior Department would substantially overhaul the technical guidelines for drilling on the U.S. continental shelf, adding dozens of new requirements aimed mostly at stopping… Keep reading →
![china1[2]](https://breakingenergy.com/wp-content/uploads/sites/2/2015/04/china12.png)
Over the weekend, Secretary of Commerce Penny Pritzker and Deputy Secretary of Energy Elizabeth Sherwood-Randall landed in China to lead a presidential trade mission focused on connecting U.S. businesses with opportunities in the green infrastructure and energy efficiency industries. This trade mission will promote “smart cities,” including technologies for green buildings, carbon capture,… Keep reading →
Since the first wind deal utilizing a partnership in 2003 (also known as a “partnership flip,” a “pre-tax after-tax partnership,” or a “wind safe harbor partnership structure”), there has been a constant evolution of structures and a proliferation of financing alternatives for renewable energy transactions.
California energy regulators have hit Pacific Gas & Electric with a record $1.6 billion penalty in the 2010 San Bruno pipeline explosion that left eight people dead. But at least one member of the Public Utilities Commission thinks even more dramatic action might be needed to ensure the investor-owned utility operates efficiently and safely. “The… Keep reading →
From Germany to Orange County, cost-effective grid batteries will require adaptability. Controlling and optimizing grid-tied and behind-the-meter batteries is already a complicated business. But it’s going to get a lot more complicated in the years to come, both for utility-facing storage integrators like S&C Electric Company, AES Energy Storage and NEC/A123, and for customer-facing behind-the-meter… Keep reading →
The more the 50 percent crude oil price decline since July 2014 has impacted oil and gas industries throughout the supply chain and reignited energy policy debates at federal and state levels. Light, sweet oil has accounted for the majority of the domestic production increase over the last eight years, but since U.S. refiners are… Keep reading →
Two new studies have revealed new research over the “warm blob” in the northeast Pacific ocean — a 2 degree C temperature anomaly that began in the winter of 2013-2014 in the Gulf of Alaska. “The 2013-2014 “blob” was just the beginning. In the summer of 2014, warm water also showed up off the California coast.… Keep reading →
Under Secretary for Science and Energy Orr Announces Next Steps in Pursuit of Exascale Supercomputing to Accelerate Major Scientific Discoveries and Engineering Breakthroughs. Argonne, Ill. – Today, U.S. Department of Energy Under Secretary for Science and Energy Lynn Orr announced two new High Performance Computing (HPC) awards that continue to advance U.S. leadership in developing… Keep reading →
Washington State Must Step up Renewable Energy Game
By Bryce SmithAs the CEO of a Seattle-based solar company, I know that our state’s forward-looking clean energy policies are a major reason why cutting-edge businesses have decided to set up shop here in Washington. But in the past decade, other states have caught on. They’ve learned from our example. They’ve learned that investing in clean tech… Keep reading →