President Obama’s June 25 Climate Action Plan speech has cast a pall over prospects for the Keystone XL oil pipeline project to deliver Canadian oil to US Gulf Coast refineries. Environmentalists cheered both the subject matter of the President’s speech and the possibilities it raised for blocking the controversial pipeline. But some in industry were… Keep reading →
The following is an excerpt from an Energy Solutions Forum Industry Brief. Many renewable energy supporters tout the claim that cheap natural gas prices will delay deployment of renewable energy technologies. However, this is contrary to reality, and investors and policymakers have clear market-based incentives to invest simultaneously in both natural gas generation and renewables.… Keep reading →
Renewables are making large gains globally, but if they are to continue grabbing market share from fossil fuels, they will require reliable policy backing, according to International Energy Agency Executive Director Maria Van Der Hoeven. The IEA’s 2013 Medium-Term Renewable Energy Market Report maintains a positive outlook for growth in renewables worldwide. “Despite a difficult economic… Keep reading →
New York Energy Week officially kicked off Monday night with a star-studded panel discussion and reception held at the New York Academy of Sciences’ beautiful event space on the 40th floor at 7 World Trade Center. The need for public/private partnerships when advancing energy initiatives was a common theme throughout the discussion, which was appropriate… Keep reading →
The House passed a bill yesterday approving an offshore energy development agreement on the maritime border between the US and Mexico. But some Democrats opposed the bill, which waives the Dodd-Frank requirement that requires companies to disclose payments made to foreign governments. Nothing strange in that at all. [The Hill] Sources say that President Obama… Keep reading →
The following is an excerpt from an Energy Solutions Forum Industry Brief. In an increasingly technology-dependent society with growing energy needs as we seek a higher quality of life, disturbances in electricity supply and quality can have severe implications daily. They can cause significant losses of information, efficiency and productivity as interruptions crash computers and the critical services reliant upon them, such as life… Keep reading →
By Javier E. David While some observers are warning that surging shale development and new natural gas discoveries could spawn a potential glut, most energy market watchers say strong demand makes natgas oversupply a remote prospect. Natural gas development is growing by leaps and bounds, especially in the United States. In the throes of what… Keep reading →
If turning that corner within a decade is acceptable, then the answer is yes. At least according to a major study released today that includes input from a wide range of stakeholders including the investment community, regulators, government and academia. The study, completed by Midwest Aviation Sustainable Biofuels Initiative (MASBI), seeks to develop an “actionable… Keep reading →
Importing Canadian heavy oil via the Keystone XL pipeline may represent a more environmentally friendly option than crude from other sources, according to panelists at the New York Energy Week Oil and Gas Market Perspectives breakfast on Tuesday, hosted by CME Group. Environmentalists frequently cite the environmental footprint of Canada’s “tar sands” as a primary… Keep reading →
Many younger professionals working today have had a hard time in jumpstarting their careers. For all the talk of coddled millennials, many graduated into the worst job market in decades with significant student debt and facing the kind of industry disruptions that tend to result in mass layoffs amid serious fundamental skills mismatches. It… Keep reading →
