The US oil and gas market offers something that virtually no other market in the world does – easy entry for non-traditional investors, who are helping to bolster the capital available for much-needed infrastructure buildout. The US oil and gas market is one of few in the world, if not the only one, that features… Keep reading →
On the heels of a hope-inspiring report that patents for wind and solar technologies are way up, comes this downer: Global investment in clean energy is plunging. Again. Bloomberg New Energy Finance, which has been tracking these numbers for nearly a decade now, toted up $45.9 billion in clean energy investment in the third quarter of 2013,… Keep reading →
The Sierra Club’s campaign against coal-fired power in the US reached a major milestone with the announcement that the Brayton Point Power Station in Massachusetts would retire by 2017, which marked 150 coal plants that announced plans to retire since 2010. Several celebrities joined the cause, including Elle Macpherson, Edward James Olmos and Ian Somerhalder.… Keep reading →
“There has rarely been a more compelling time to invest in energy,” said Barclays analysts in their latest Global Energy Outlook, released this morning. Here are four key takeaways: Oil price risk has swung from downside to upside, thanks to geopolitical risk. Geopolitical risk has supplanted US production growth as the big global story in… Keep reading →
The operator of Japan’s Fukushima nuclear plant has warned that makeshift tanks – which are vulnerable to leaks – hold more than 200,000 tons of radioactive water. “The latest disclosures add to a long list of recent accidents, leaks and breakdowns that have underscored grave vulnerabilities at the Fukushima Daiichi nuclear power plant site more… Keep reading →
The proposed 6 million ton per annum (mtpa) Jordan Cove LNG export facility in Coos Bay, Oregon has completed the front-end engineering and design and pre-construction phases, but if and when the project clears federal regulatory hurdles, it may still face political opposition at the state level. Infrastructure firm Black & Veatch and construction and… Keep reading →
“No rock is an island,” atoll tale from Herbert Smith, a quote that stands out given the significance of Okinotorishima and its status under the international law of the sea.
In 1931, approximately 350 years after mariners of all stripes began passing by (or over, depending on the tide) a coral reef referred to through the ages as Parece Vela (“looks like a sail”) and Douglas Reef; the Japanese navy (seeing a hydroplane base where others had seen a sail, or less) claimed this unassuming atoll for Japan and named it “Okinotorishima.” Keep reading →
Asia is the world’s largest infrastructure market, with $4.1 trillion in power market spending expected over the coming decade, experts told industry participants and journalists at a recent quarterly power sector briefing held by infrastructure firm Black & Veatch. Keep reading →
An owner of 900 companies globally and 70 in the US, IT giant Hitachi has recently been increasingly focusing on smart grid technology and sustainable infrastructure development.
From fiscal years 2010-2012, Hitachi has dedicated 1.6 trillion yen (roughly $20.5 billion) to what it calls “social innovation business.” During that same period, the company has also dedicated 1.2 trillion yen to research and development in the social innovation business, according to Hitachi Director of Corporate Branding, Lauren Raguzin. Keep reading →
