Empowered prosumers will increasingly do what is best for them, regardless of what utilities or regulators say For utility executives making New Year Resolutions, 2015 promises to bring in more grief in the form of lower demand growth (graph below and article on page 10), rising retail tariffs, and more competition from prosumers, who are… Keep reading →
General Electric (GE) and Norway’s Statoil have announced a strategic collaboration to advance more environmentally friendly and economically sustainable technologies for oil and gas production. GE and partially state-owned Statoil have a long history of working together and both share a commitment to improving their environmental footprints, which is a goal increasingly valued by investors… Keep reading →
The numbers are still pretty small, but the latest data compilation from the National Renewable Energy Laboratory shows renewable electricity generation rising steadily in the United States. Here’s a key chart from NREL’s just-released Renewable Energy Data Book, which includes data through the end of 2013. Capacity is the amount of total power that… Keep reading →
Ed. note: This is a weekly column by Elie Mystal, Managing Editor of Above the Law Redline. This space will focus on the laws that exist, should exist, and should be put out of their misery. OVER-REGULATED Oil That Funds Terrorism: Evil crackpot Zacarias Moussaoui, a former Al-Qaeda operative in prison because we caught him,… Keep reading →
Illicit oil sales are no longer the main source of revenue for the Islamic State, according to a Pentagon statement earlier this week. “Oil smuggling had become a crucial source of revenue for the group, which holds a handful of oil fields in Iraq and Syria. Oil profits set the extremist organization apart from other… Keep reading →
In 1922, President Warren Harding’s Interior Secretary Albert Fall found himself in hot water after taking bribes to sell a small oil field in Wyoming, as well as one in California. Now — 93 years later — the Department of Energy is signing papers to take the Teapot Dome field out of federal hands for… Keep reading →
Following the U.S. Environmental Protection Agency’s 2014 proposal to regulate carbon emissions from electric power plants and other major sources, federal energy regulators have scheduled a series of public technical conferences on how the Clean Power Plan may affect electric reliability, wholesale electric markets and operations, and energy infrastructure.
A few years ago, the oil boom brought jobs, workers and money to Williston, N.D. But the influx of young men also brought a rise in crimes like prostitution, drug trafficking, theft, and even murder. The town’s two strip clubs — Whispers and Heartbreakers — stand closed after police were called 189 times in under… Keep reading →
President Obama’s proposed budget for 2016 invests heavily in his agenda to combat climate change. “The failure to invest in climate solutions and climate preparedness does not just fly in the face of the overwhelming judgment of science — it is fiscally unwise.” – The White House, as reported by the National Journal The proposal… Keep reading →
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, geology,… Keep reading →
