Understanding China’s domestic oil market is akin to following an opaque and moving target, but a new report by independent price reporting organization Platts highlights the changing dynamics of one area in the Chinese oil market that is most responsive to economic signals: China’s teakettle refiners. Playing Against Monopolies Monopolized by state-owned but publically listed… Keep reading →
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We will never sell or share your information without your consent. See our privacy policy.Who wants to plunge deep into the dreary details of tax law, especially when doing so might get in the way of slapping a scarlet “B” for bailout on a renewable energy project? So it was that in the wake of our reporting on lower-than-expected production levels at the Ivanpah Solar Electric Generating System in… Keep reading →
A New Year’s Resolution for the Energy Industry: Inspect and Test, Not Dismiss and Ignore
By Brian RobsonIf there is one thing the energy industry can do to better itself, as winter approaches and storms rage along the California coast, and freezing temperatures hit the Gulf regions of Texas and Louisiana, and the ground hardens in the Midwest, it is this: Inspect and test, to ensure the safety of all exposed equipment.… Keep reading →
Utility 2.0: What are Utilities Doing to Meet New York’s Vision for a 21st Century Energy System?
By Environmental Defense Fund Energy Exchange BlogSince the New York Public Service Commission (Commission) opened its Reforming the Energy Vision (REV) proceeding in the spring to modernize the state’s electricity system, a lot has happened. Namely, New York utilities are already working to align themselves with the broad objectives outlined in the REV proceeding. Here is an overview of efforts by… Keep reading →
Energy News Roundup: Lack of US Energy Policy Revealed, PA Shale Driller Penalized and Alstom Pleads Guilty to Bribery
By Jared AndersonOK, many already know the US lacks a comprehensive energy policy, but an IEA study released this week reaches that same conclusion. The long-term nature of energy development projects does not mesh well with 2-year and 4-year election cycles. “A chief obstacle in US energy policy a lack of clarity, the report says. This month’s… Keep reading →
Energy Department Announces Achievement of Major Cleanup Milestone at Savannah River Site
By U.S. Department of EnergyEnergy Department Announces Achievement of Major Cleanup Milestone at Savannah River Site Department Issues Path Forward for Closing Additional Radioactive Waste Storage Tanks in H Tank Farm WASHINGTON – Today, the Department of Energy reached a major milestone in efforts to clean up the Cold War legacy at the Savannah River Site (SRS) in South… Keep reading →
New York Bans Hydraulic Fracturing
By Ted Bosquez IV, Daniel Carmeli, Kenneth Komoroski, Matthew Sepp | Morgan LewisThe ban comes in light of a report from the New York State Department of Health claiming there is insufficient information to understand the health risks.
On December 17, New York Governor Andrew Cuomo’s administration announced that the State of New York will ban hydraulic fracturing in response to conclusions presented in a report prepared by the New York State Department of Health (NYSDOH) and comments made by the Acting Health Commissioner and the New York State Department of Environmental Conservation (NYSDEC) Commissioner.
Energy Quote of the Day: ‘Optimism, Dragged Down by Reality, Resulting in Mixed Success’
By Jared AndersonIn this “energy things to watch for in 2015” article, the author sums up the Lima climate talks with the following mostly pessimistic description and does not expect much more to come out of the COP21 talks in Paris next year: “It would take a lot for the Paris talks to be anything more than what Lima… Keep reading →
Approval of Con Edison’s BQDM Program is a significant step for the utility to pursue non-traditional infrastructure investments to meet local demand. On December 12, 2014, the New York State Public Service Commission (PSC) issued an order in Case 14-E-0302 approving Consolidated Edison Company of New York Inc.’s (Con Edison) Brooklyn/Queens Demand Management (BQDM) Program to address overload… Keep reading →
The decline in oil prices will depress the regime’s revenues, and the threat of increased sanctions is newly credible given the composition of the next Congress. With another deadline missed and another extension inked in the Iran nuclear negotiations, the White House finds itself squeezed on two sides. It faces pressure from Iranian negotiators —… Keep reading →