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Video: German City Lowers Emissions With Combined Heat and Power Technology

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Power generation technology giant GE is getting into the combined heat and power game in Germany, where they are looking to maximize use and efficiency of intermittent renewable sources like wind and solar with the help of natural gas. However, burning natural gas to generate power generates lots of heat energy that is wasted by traditional gas power plants.

“Our flexible J920 technology offers both high efficiency and reliability levels, which makes it the ideal large gas engine distributed power solution for industrial and grid stabilization applications while also minimizing the customer’s carbon footprint,” said Karl Wetzlmayer, general manager of gas engines for power generation – GE Power & Water. Keep reading →

 /  Published April 16, 2013 at 8:30 AM

Onshore US: New Frontier for Sub-Salt?

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Enormous finds offshore Brazil have drawn global attention to the promise of sub-salt oil and gas, but Houston-based Swift Energy is seeking to attract partners to a sub-salt prospect much closer to home.

Swift is seeking deepwater players as future partners in a potential sub-salt find in the “onshore” US Gulf of Mexico, under its Lake Washington field, which lies in water depths of 10-15 feet just off the southeastern Louisiana shore. It says the sub-salt prospect could hold as much as 350 million barrels of oil equivalent. Keep reading →

 /  Published April 15, 2013 at 2:45 PM

Major Asia Pacific LNG Deal in the Works

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Papua New Guinea is set to join the global LNG game in 2014 when the ExxonMobil-led PNG LNG project is scheduled to ship its first deliveries, but a major announcement today by InterOil suggests an additional LNG export project could come on stream in the Asian Pacific island nation not long after.

InterOil has been active in PNG since the late 1990’s and operates the country’s only refinery which supplies about 65% of domestic refined product demand. Profits from InterOil’s downstream operations are often used to offset the costs of the company’s LNG export project, a major long-term strategic objective for the independent firm. Keep reading →

 /  Published April 15, 2013 at 12:00 PM

Enhanced Geothermal Breaks Through In Nevada

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Breaking new ground – literally – enhanced geothermal system technology is unlocking heat trapped deep beneath Earth’s surface and, for the first time, turning it into electricity on the U.S. grid.

The U.S. Department of Energy said an Ormat Technologies EGS project that it backed with $5.4 million (to go along with $2.6 million in private sector money) had boosted production at a Churchill County, Nev., geothermal field by 38 percent, pumping 1.7 megawatts of new power to the grid. Keep reading →

 /  Published April 15, 2013 at 9:00 AM

You’ll Pay Less at the Pump this Summer, But Not Much

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Summer driving season is officially underway and the good news is Americans look set to save on gasoline compared with last summer, but not by much.

The US Energy Information Administration just released their Summer Fuels Outlook and expect “that regular‐grade gasoline retail prices, which averaged $3.69 per gallon last summer, will average $3.63 per gallon during the current summer (April through September) driving season.” Keep reading →

 /  Published April 12, 2013 at 4:45 PM

Video: ‘James Hansen on NASA Retirement and Climate Action We Need’

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James Hansen was a NASA scientist for 46 years and a prominent climate change critic credited with being one of the first to speak out about the issue. He recently left his position at the government space agency so he could freely address climate change on a full-time basis.

In this brand new video, he discusses his decision to leave NASA and suggests increasing the price of fossil fuels at the policy level can help accelerate a transition to cleaner energy solutions. Keep reading →

 /  Published April 12, 2013 at 3:15 PM

Oil Prices Cool, but too Soon to Call a Bear Market

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A reversal of fortunes is underway between major energy commodity markets, with global oil prices trending downward while US natural gas has been showing signs of life breaking above $4 per million Btu. In its latest Monthly Oil Market Report, the International Energy Agency discussed their view of why the recent weakening in global oil benchmark Brent futures prices might be “relatively short-lived.”

“By early April, front‐month Brent futures had tumbled to just shy of $104/bbl for the first time since mid‐June, and the backwardation on the Brent curve has eased,” the report said, but oil supply and refining capacity have been growing faster than demand. Backwardation is when prices in the distant future are lower than prompt month prices. Keep reading →

 /  Published April 12, 2013 at 2:30 PM

Steady, Substantial Growth Expected for Global Energy Storage Market

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Quick Take:You’ll pull several insights from the new research report described and linked below. Note that they predict:

The sector will grow 9% per year
Asia will lead the way
Smart grid will be one of the key sectors along with transportation Keep reading →

 /  Published April 12, 2013 at 11:20 AM

US Wind Industry Surges Ahead in 2012, Future Still Tied to PTC

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The US wind power industry had a banner year in 2012, as developers raced to bring on projects before the federal production tax credit was set to expire at the end of the year. The frantic rush to take advantage of the tax incentive resulted in some impressive statistics highlighted in the American Wind Energy Association’s U.S. Wind Industry Annual Market Report for 2012, released Thursday.

Breaking Energy recently sat down with AWEA’s vice president of public affairs Peter Kelley ahead of the launch to gain some insight into what made 2012 so important and what to expect from the industry going forward. Keep reading →

 /  Published April 12, 2013 at 8:30 AM

Senate Energy and Natural Resources Committee Plans Natural Gas Forums

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The Senate Energy Committee’s natural gas forums, scheduled for May 2013, will assess several issues surrounding natural gas development to ensure that upcoming policies will maximize economic benefits while maintaining environmental safety.

On April 3, 2013, Senate Energy and Natural Resources Committee Chairman Ron Wyden (D-Ore) and Ranking Member Lisa Murkowski (R-Alaska) announced the committee’s plan to hold three natural gas forums in May. The forums will address topics including a scrutiny of estimates of domestic supply, and potential benefits and consequences resulting from expansion of exports. Keep reading →

 /  Published April 11, 2013 at 12:30 PM
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