A new report from the Pennsylvania Department of Environmental Protection has found that there is little to no risk of radiation exposure from hydraulic fracturing activity. “In the most comprehensive study of the subject ever conducted, the Pennsylvania Department of Environmental Protection found that there is no concern of radiation exposure from fracking wells for… Keep reading →
Earlier this month, I accompanied Dr. Elizabeth Sherwood-Randall on her first overseas trip as Deputy Secretary of Energy — a visit to the Kingdom of Saudi Arabia and the United States Fifth Fleet in Bahrain, a component command of U.S. Central Command. The trip was an exceptional opportunity for the Deputy Secretary to reinforce the… Keep reading →
Oil prices surged following Saudi Arabia’s Royal Court announcement of the death of King Abdullah on Friday. Brent crude climbed as much as 2.6 percent, while West Texas Intermediate jumped 3.1 percent, following the announcement. It is yet to be seen whether Saudi Arabia, OPEC’s largest oil producer, will change its policies with respect to its oil output, but many analysts do not expect Saudi’s oil policies to change with the crowning of King Abdullah’s half-brother, Crown Prince Salman. In fact, Bloomberg reports that King Salman announced he will maintain the policies of his predecessor and that Saudi Oil Minister Ali Al-Naimi will remain in his post.
The Saudis have stated that their goal in maintaining current oil output and export volumes has been to protect market share against foreign rivals. The Saudi’s rivals are not limited to other oil producers though, they are also striving to undermine clean energy technologies and climate change policies. “Lower oil prices are going to make… Keep reading →
Until we lose it, many of us take electricity for granted: for the past 100 years, the developed world has grown to expect a constant supply of power at the flick of a switch. However, for many people across the globe, gaining access to a reliable supply of electricity is extremely difficult, if not impossible.… Keep reading →
Over the past several months, we’ve been providing updates on the ongoing litigation surrounding Order 745 – a vital, federal rule on demand response. As a low-cost, environmentally beneficial resource, demand response relies on people and technology, not power plants, to manage stress on the electric grid during periods of peak energy demand. Simply put,… Keep reading →
Methane emissions from oil and gas production have become a serious issue for regulators concerned about greenhouse gasses, as well as for oil and gas producers who see lots of money going up in flames as gas flares and vents. But technology innovators are finding ways to capture the wasted natural gas and profitably use… Keep reading →
This is the latest installment in our Energy Executive Insight Series that gives executives at major energy companies an opportunity to share knowledge and experiences about the energy industry, their careers and their organizations. What has been the biggest positive energy industry change since the start of your career? Most notably the expansion and awareness… Keep reading →
First Reserve announced late last week it will acquire the 298 MW Kingfisher Wind power project located in Canadian and Kingfisher Counties in Oklahoma from Apex Clean Energy. The wind farm is expected to be completed this year. “First Reserve believes the project benefits from a strong, consistent wind resource. In addition, the firm expects… Keep reading →
Energy Department creates Jobs Strategy Council to Focus on Job Growth in Energy Economy WASHINGTON – Today, Secretary Moniz announced the creation of the Jobs Strategy Council (JSC), an initiative focused on accelerating job growth in American-made clean energy sources while implementing the President’s Climate Action Plan, during a roundtable with the business leaders of… Keep reading →
