Corporate

Q2 results: @DTE_Energy announces net income of $200 million compared with $87mn in Q2 2010 — http://bit.ly/o71HoE @Aolenergy


The popular image of oil derricks place them in sunny locales, in deserts and at sea. But with the search for new oil reserves spreading, the ability to use solar power for enhanced oil recovery faces some elemental challenges.

Southern California, where GlassPoint Solar operates a facility, satisfies the two main requirements for solar thermal enhanced oil recovery –abundant sunlight and heavy oil. But these requirements limit the technology’s application in other areas of the country. Within the US, GlassPoint CEO Rod MacGregor mentioned only West Texas as prospective for solar thermal enhanced oil recovery (EOR) use. Keep reading →


In tight economic times, energy firms are helping customers find creative ways to pay for installations that can save them money over the long run.

Metrus Energy develops and finances energy efficiency retrofits at commercial, industrial, and institutional facilities. Keep reading →


The defense industry, long a hotbed of innovation, is looking to collaborate with the energy industry on new technology as energy efficiency becomes an increasingly high-profile effort at the Department of Defense.

New hybrid electric-drive technology in a vehicle developed by defense contractor BAE Systems is a major forerunner of that effort, and a demonstration of the way energy technology can be applied in unique ways to defense systems. Keep reading →


The fifth largest wind turbine manufacturer in the world with installations in 28 countries, Suzlon has reason to worry about the efficiency of wind turbines.

It’s most recent turbine, the S9X will make it cheaper and easier to produce electricity from less wind, Suzlon’s Chief Technology Officer John O’Halloran told a small audience in New York on Thursday. Keep reading →


Using solar-powered facilities in enhanced oil recovery has attracted widespread attention in the industry, and now the sector’s largest firms are moving the technology out of the lab and into the market.

GlassPoint Solar’s successful start-up of the first commercial solar thermal enhanced oil recovery (EOR) system in California has raised questions about the technology’s prospects for widespread use, both in the US and internationally. Keep reading →


It was an unusual setting for a light bulb show.

On Tuesday, Home Depot showcased its energy efficient light bulbs–including high-efficiency incandescent bulbs, compact florescent light bulbs (CFL’s) and light-emitting diodes (LED’s)–in the penthouse suite of the luxury hotel Setai Fifth Avenue. Bedrooms, bathrooms and kitchen were illuminated by the various kinds of bulbs, with employees from various major lighting groups, including CREE, Philips, Lighting Science Group, Lutron Electronics, and TCP, explaining just how much energy could be saved from their lighting devices. Keep reading →


There’s no better place to talk engineering than Detroit. And this week, it’s been electrical power engineering, specifically. The Motor City is proudly hosting top engineering talent from around the world this week at the IEEE Power and Energy Society General Meeting.

More than 2,000 power engineers are participating in the IEEE conference–promoting, sharing and discussing important issues and developments in the field of electrical power engineering. This is particularly relevant against the backdrop of our nation discussing how to create a 21st century power grid. Keep reading →


If electricity use is any sign, the American economy is slowly recovering, says CEO of massive generating firm Southern Company Thomas Fanning.

The process though won’t happen overnight, he said. Keep reading →


Brazilian energy giant Petrobras plans to spend almost $107,000 a minute over the next four years as part of its immense and recently expanded $224.7 billion spending plan.

Petrobras will execute its first asset sale program and take on substantial debt to fund its 2011-2015 business plan, which will cost nearly $154 million each day, much of that planned for spending on exploration and production. Keep reading →

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