Devon has agreed to pay GeoSouthern Energy $6 billion for assets in the Eagle Ford shale that currently produce 53,000 barrels per day of oil equivalent and hold recoverable resources of 400 million boe, most of that proved reserves. [Devon] Oil and gas producer Cabot will pay a $975,000 civil penalty and spend an estimated… Keep reading →
This week on Energy.gov, we’re revisiting the storied rivalry between two of history’s most important energy-related inventors and engineers: Thomas Edison and Nikola Tesla. Check back each day to learn more about their lives, their inventions and how their contributions are still impacting the way we use energy today. Support your favorite with the hashtags #teamedison and #teamtesla… Keep reading →
Natural gas, the enemy of many frack-fearing greens, is the very thing that will allow California to more than double the amount of renewable energy on its grid by 2020. So says the man who runs the California Independent System Operator, which oversees the vast bulk of power distribution in the Golden State. The assertion from… Keep reading →
During a Cleveland steel plant tour, President Obama highlighted US energy as a success story. “We [have] invested in new American technologies to reverse our addiction to foreign oil, double wind power, double solar power, produce more oil, produce more natural gas, and do it all in a way that is actually bringing down some… Keep reading →
Siemens’ financing arm is seeing a shift in project finance from a focus on renewables to a more even mix of renewable and fossil fuel generation, according to US chief executive Kirk Edelman. “What we’re seeing now is a little bit of a shift away from a lot of focus on renewables to a more… Keep reading →
This article is part of the Energy.gov series highlighting the “Top Things You Didn’t Know About…” Be sure to check back for more entries soon. 10. Modeled after the Defense Advanced Research Projects Agency (DARPA) — the agency that brought us the GPS, the stealth fighter and computer networking — the Energy Department’s Advanced Research Projects Agency-Energy (ARPA-E) funds… Keep reading →
In BBC News’ Ten Things We Didn’t Know Last Week, we discovered the following: A study has found that zinc oxide-based solar cells – which are less efficient than silicon-based cells – convert sunlight into electricity more efficiently when rock or pop music is being played, and while much of the debate about wind power’s effect on… Keep reading →
The US Environmental Protection Agency’s Top Partner Rankings highlight US companies, municipalities, schools and government organizations that use clean, renewable sources of electricity to power their operations. “Using green power helps reduce the environmental impacts of electricity use and supports the development of new renewable generation capacity nationwide. Usage amounts reflect U.S. operations only and… Keep reading →
Microsoft’s announcement yesterday that it had signed a 20-year agreement to buy all of the 110 megawatt Keechi wind farm’s electricity production marks a big step for the company in going “carbon neutral” through the purchase of wind and solar power. Its rival Google is way ahead, having invested more than $1 billion in wind and… Keep reading →
According to the International Energy Agency, power generation from non-hydro renewable sources including solar, wind and bioenergy will exceed gas and nuclear by 2016 and renewable power is expected to increase by 40% in the next five years. “Combined heat and power (CHP), also known as cogeneration, is the simultaneous production of electricity and heat… Keep reading →
