Cold weather has returned to much of the United States, and the wind energy industry is pivoting off the big chill to tout their turbines’ ability to provide cheap electricity when fuel prices for other sources skyrocket. The American Wind Energy Association said Wednesday that new research shows during last year’s dramatic January icy spell,… Keep reading →
Analysts and investors are trying to figure out the point at which oil prices fall too low for Venezuela to continue servicing its debt. The country’s export revenues are 95% oil reliant. “But this week’s fall in the oil price has further fomented worries of a possible default, pushing up Venezuelan bond yields to more than 18… Keep reading →
A contract fight is unfolding in Cleveland where industrial power customers were hit with “polar vortex” surcharges ranging from $9,000 to $290,000. When temperatures plummeted last January power demand spiked and some generation plants tripped offline. Grid operator PJM called on all generators to produce more power to stabilize the grid and then billed them… Keep reading →
Opinion: Nuclear Energy Keeping the Lights on in the Cold
By Former Senator Judd GreggExtreme cold weather has had a tight grip on much of the Northern U.S. this winter. Boston recently saw its lowest temperature since 2004 and New York City had its coldest February morning in nearly three decades. As millions of Americans endure these cold temperatures, the importance of electricity for heating our homes and… Keep reading →