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While $100/bbl oil may have grabbed the market’s attention, the reality is that oil prices have been extremely high for many months now. We have emphasised our concern about the continued tightness in the oil market in recent issues of the Oil Market Report. Prices have been rising and stocks falling over most of the second half of 2007, recently fallingbelow the fiveyear average. This week, ...
Much is happening in Pennsylvania on the clean energy front. Last week, legislators passed the Alternative Energy Investment Act (AEIA), which provides over US$500 million of funding for alternative and clean energy and energy conservation projects. In addition to this, new biofuels legislation includes a mandate for sales of biodiesel and cellulosic ethanol blends and sets aside up to US$5 ...
Carbon Trust Chairman, James Smith, welcomed guests to the first of a new series of breakfasts on The Business of Carbon with an engaging discussion of low carbon energy choices. Carbon Trust Chairman, James Smith, welcomed guests to the first of a new series of breakfasts on The Business of Carbon hosted at the Carbon Trust's London offices which took place on Tuesday 12 June 2012. On the ...
By Carbon Trust
Within the next five years solar energy in a large portion of the US will be cheaper than power from the grid. Costs of solar panels and installation keep moving down, while the transportation costs of electricity move up. When solar power reaches the 'holy grail' of grid parity the solar market in the US will boost, and a sleeping giant will awake, experts predict. "The awakening of the US ...
New Program Puts Federal Recovery Act Funds to Work Creating Jobs, Producing Clean Energy HUMMELSTOWN, Dauphin Co., - Pennsylvania homeowners who want to cut their heating and cooling bills in half now have a new, affordable method for financing clean geothermal heat pump systems, Department of Environmental Protection Secretary John Hanger and Pennsylvania Treasurer Rob McCord announced today. ...
Masdar, the wholly-owned initiative by the government of Abu Dhabi through Mubadala Development Company, today announced that Masdar PV will embark on a multi-billion dollar investment in thin-film photovoltaic solar technology, as part of its drive to become a world leader in alternative energy. The total investment of approximately US$2 billion represents one of the largest investments ever ...
By MASDAR
US-based biofuel producer Universal Bioenergy Inc has secured a multi-million dollar investment to help fund future growth and expansion.According to the company, a private investment consortium recently agreed to provide the funds after approving a new management team, the Reuters news agency reports. “We're very excited, because we feel this is a major endorsement by these investors,” said ...
On September 18, Secretary of State Condoleezza Rice and Colombian Foreign Minister Jaime Bermudez signed a memorandum of understanding to advance cooperation on renewable and clean energy. The agreement highlights the fundamental role energy plays in development, and notes the intention of both governments to promote exchanges, research and development, alternative development – including ...
Dorchester County Public Schools will unveil its 803-kilowatt solar array at Mace’s Lane Middle School this morning at a recognition ceremony with representatives from Washington Gas Energy Systems, Kenyon Energy, REC Solar and the local community. The ground-mounted installation consists of 3,276 solar panels and is expected to help reduce greenhouse gas emissions equal to the planting of ...
By REC Solar
Having imported 60% of its fossil fuels in 2010, China is aggressively pursuing partnerships to support future fuel supply. China's most recent and significant investments in the Americas have focused on Canadian oil sands and offshore Brazil. However, interest in US investment is increasing. Ernst & Young recently held its annual Energy Executive Insight Session. Dr. Robert Lawrence Kuhn, ...
Turret Middle East, organisers of the Abu Dhabi World Future Energy Summit have announce the launch of the European Future Energy Forum which will be held in Bilbao, Spain from 9th to 11th June 2009. The event will be Europe’s largest exchange of knowledge focussing on the issues, demands and future energy solutions.Following on from Turret Middle East’s huge success with the first ever World ...
There have been many calls for reform of the subsidies and incentives provided to the energy sector. A report from the International Monetary Fund (IMF) released last month urged policymakers the world over to reform subsidies for products from coal to gasoline, arguing that this could translate into major gains both for economic growth and the environment. The report Energy Subsidy Reform - ...
By GLOBE SERIES
Energy executives expect continued volatility in the price-per-barrel of oil for the remainder of the year, with most (64 percent) predicting crude prices to exceed $121 per barrel. The executives also foresee shale oil and gas having a transformative effect on helping to meet the world's energy needs, according to the results of the 9th Annual Energy Survey conducted by the KPMG Global Energy ...
Latin America’s significant renewable energy resources, combined with the region’s rapidly growing energy demand, mean that even in a climate of slowing economic growth investors are continuing to focus on the region’s alternative energy sector. Government mandates are providing incentives for increased investment, especially in the key economies of Brazil, Mexico and Chile, and private sector ...
"The extreme weather we suffered through in 2011 is a frightening reminder of why we must do everything we can to cut the dangerous carbon pollution that is fueling global warming by investing in clean, renewable energy," said Sean Carroll, Environment California's Federal Field Associate. "Recent weather-related disasters in California include wildfires, flooding and mudslides." The report, In ...
By GLOBE SERIES
The two orders from the energy sector consist of one from the windpower industry and the other from the solar power manufacturing industry. “It’s very satisfying that we can develop and sell systems to a sector that despite the general business recession continues to perform positively. This partly makes up for the decline that has hit Nederman’s more traditional segments, like welding and ...
By Nederman
DES MOINES, Iowa, December 21, 2007 (ENS) - Four out of five Iowans believe energy conservation and fuel efficiency should be the focus of state efforts to meet electricity demand before new coal-burning power plants are built, according to a new public opinion poll. Iowa officials are contemplating two coal-fired facilities proposed for construction near Waterloo and Marshalltown. ...
Rising energy costs and declining power quality has brought the concept of energy-efficient UPS systems into the limelight. Energy efficiency implies reducing power losses and ensuring highest power availability to consumers. In addition to cost savings, energy-efficient UPS systems promote the green aspect by reducing carbon emissions. However, these benefits come at a high initial price. ...
The U.S. Department of Energy Federal Energy Management Program (FEMP) will present a live training course on June 24, 2015, from 1:30 p.m. to 3 p.m. Eastern time on Energy Management Basic Training: Tools and Resources for Results. This training is presented in partnership with the U.S. Department of the Army, Office of Assistant Chief of Staff for Installation Management. This course provides ...
The Biotechnology Industry Organization (BIO) today expressed support for the Environmental Protection Agency’s denial of a January 2012 petition by petroleum industry representatives to retroactively waive the 2011 cellulosic biofuel Renewable Volume Obligation under the Renewable Fuel Standard (RFS). Brent Erickson, executive vice president of ...
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