The EPA’s newly-announced rule to limit carbon emissions from existing power plants would appear to set the stage for non-carbon emitting technology like nuclear, but historically low-priced natural gas has rendered many of the nation’s smaller nuclear facilities economically uncompetitive. “Already, five nuclear units have either shut down or have announced that they will do… Keep reading →
The “out there” in this case is the Permian Basin in West Texas where Pioneer Natural resources has over 20,000 drilling locations. With over 10,000 net producing wells currently operating, the company has a significant drilling inventory that it plans to tap over the long term, assuming oil prices remain above $80 per barrel and… Keep reading →
Texas both produces and consumes more energy than any state in the U.S. It controls one-quarter of U.S. proven oil reserves. Energy companies looking to grow or to establish a U.S. presence set up operations in Texas. The primary electricity transmission system in Texas is independent of the rest of the country (a long-time source… 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,… 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,… Keep reading →
Enbridge’s 110 MW Texas wind project will deliver electricity to the ERCOT market under a 20-year agreement with Microsoft Corporation. On January 6, 2014, Canada’s Enbridge Inc. announced an agreement with Renewable Energy Systems Americas Inc. (RES Americas) to construct the Keechi Wind Project, a 110 MW wind energy project in Texas, at a cost… Keep reading →
Over the past several years, a combination of market forces and targeted policies has brought about enormous growth in clean energy technologies around the United States. A clean energy economy has developed around these new technologies, creating tens of thousands of homegrown jobs each year. Despite the industry’s initial surge, recent economic uncertainty has led… Keep reading →
As we begin a new year, the outlook for 2014 looks bright. But as the Polar Vortex has descended upon the U.S. over the last few days, we have been reminded of the past, specifically the winter of 2011 when Texas’ electricity grid stuttered under the extreme cold. Monday, as a record-breaking cold snap whisked… Keep reading →
Natural gas might be eating coal’s lunch, but natural gas always has a friend in coal. Coal forever makes gas – even when obtained by fracking – look good. Take the new study out of the University of Texas, announced with the headline, “Natural Gas Saves Water and Reduces Drought Vulnerability, Even When Factoring in… Keep reading →
By sitting around and watching opportunities pass by Warren Buffet, the legendary investor who has been at the helm of Berkshire Hathaway and made a fortune for himself and his shareholders, was once asked how to make a million. His answer: Buy an airline for a billion and watch your investment shrink to a million.… Keep reading →
