Though 50 million smart meters have been installed in homes nationwide, U.S. energy consumers aren't moving to change consumption habits, a phenomenon The Washington Post suggests is linked to a lack of real-time access to data related to energy efficiency and financial savings.
At least five power plant operators have signalled they’ll be bringing plants back on line or boosting their generating capacity following creation of a new capacity zone in southern New York, according to the New York Independent System Operator, Platts reports.
Three projects -- totaling more than 600 megawatts of solar and gas generation -- won approval from members of the Minnesota Public Utilities Commission Monday, who said they preferred to “err on the high side” when it comes to capacity, Platts reports.
Following last year’s natural gas shortages during the polar vortex chill, the Midcontinent Independent System Operator is expanding its communications with natural gas pipelines, so that its operators can get more real-time information about the availability of supply, E&E reports.
PORTLAND, Maine (AP) — Utility giant National Grid is partnering with a company that specializes in underwater cable projects in an alliance seeking to build a 300-mile cable to bring Canadian hydropower and Maine wind power to Greater Boston to help meet the energy needs of power-hungry southern New England, the companies announced Tuesday.
National Grid brings greater clout to the project of the Green Line Infrastructure Alliance, which includes Massachusetts-based Anbaric Transmission. Their Maine Green Line is among several projects across Maine, New Hampshire and Vermont that are being proposed to help lower energy costs while allowing states to meet their green energy goals, officials said.
Although the installation of smart meters is killing off meter-reading jobs, the move to the new technology has yet to demonstrate a major impact on electricity consumption, The New York Times reports.
Despite a negative assessment from an administrative law judge, the Illinois Commerce Commission has approved Commonwealth Edison’s plan to build the Grand Prairie Gateway transmission line, which could bring 1,000 more megawatts of power to the north of the state and grid operator PJM Interconnection when it’s completed in 2017, Platts reports.
The Federal Energy Regulatory Commission said it has begun investigating the impact of last winter's polar vortex on the power grid, with hopes the findings will help utilities be better prepared to prevent outages, The Hill reports.
Oil prices surged 8.3 percent in Friday trading as rig data suggested a slowdown in shale oil development, with Brent crude rising $3.86 to $52.99 a barrel and U.S. crude climbing $3.71 to settle at $48.24 a barrel, Reuters reports.
A survey conducted by Reuters reports that OPEC output rose by 130,000 barrels per day in January as Angola boosted exports and Persian Gulf producers kept steady or increased output, a signal that some members plan to stay the course on maintaining output despite low oil prices.
Despite the collapse of crude oil prices last year, the latest Commerce Department report of gross domestic output showed outlays for new oil rigs and wells rose 8.9 percent in the fourth quarter of 2014, even as equipment spending across all U.S. businesses fell, Bloomberg reports.
Chevron CEO John Watson, after his company reported lower profits and announced budget cuts, voiced optimism for long-term industry prospects, saying the price of oil will have to rise above $50 per barrel to support new exploration to meet energy needs, FuelFix reports.
A new poll conducted by The New York Times, Stanford University and Resources for the Future suggests that more than two-thirds of Americans, including 48 percent of Republicans, say they consider themselves more likely to support a candidate who supports action to combat climate change.
The National Biodiesel Board in a letter to the Environmental Protection Agency voiced frustration with the agency's delayed implementation of biodiesel mandates, saying the slow movement has caused some producers to reduce staff and forced others into bankruptcy, The Hill reports.
A survey of economists by Bloomberg projects that many of the world's largest crude oil exporters like Saudi Arabia, Kuwait and Qatar could see budget surpluses take hits and slip into deficits as global oil prices remain low.
Chevron, after posting a 30 percent decrease in earnings from the previous year in the fourth quarter 2014, abandoned plans to explore for shale gas in Poland, dealing a blow to efforts to develop hydraulic fracturing and shale drilling industries in Europe, The New York Times reports.
In an interview with E&E, Rep. Cynthia Lummis, R-Wyo., vice chairwoman of the Natural Resources Committee and leader of a new Interior and EPA oversight panel, discusses her familiarity with development and ranching issues in western states and her plans to limit Obama administration regulations on public land use.