The Interior Department will offer the largest area to date for Atlantic Ocean wind energy development, with a competitive auction of areas off the Massachusetts coast.
The department on Monday announced the Jan. 29 sale of more than 742,000 acres for potential wind farm construction, an area that is nearly double the acreage previously leased in Atlantic federal waters.
With the cost of solar and wind power dropping dramatically in recent years, the renewable energy sources are becoming more directly competitive with electricity from gas and coal-fired plants, The New York Times reports.
A new report from the Environment America Research and Policy Center claims solar power has the potential to provide so much electricity that it could generate more than a hundred times what the U.S. consumes, according to The Washington Post.
The Joint Center for Energy Storage Research, a 14-member partnership funded by the Department of Energy that is looking for revolutionary advances in battery technology, is moving into a new laboratory in Berkeley in January, which will unite its science and engineering staff under a single roof for the first time, the San Jose Mercury-News reports.
After Greenpeace gave a failing grade to Amazon for its lack of green energy standards, the company, in an online post, is promising that its cloud computing division will strive for 100 percent renewable energy usage, although it gave no timetable and no details of how the pledge will be achieved, Bloomberg reports.
Toyota’s announcement of a timetable and pricing for release of its Mirai fuel cell sedan means the long-awaited technology is moving into position to compete with plug-in cars in dealerships, The New York Times reports.
AMSTERDAM (AP) — Google says it will buy the entire output of an 18-turbine, 62-megawatt Dutch wind energy project in the Netherlands to supply power to a major data center it is building.
Company officials said Tuesday that Google wants both price certainty and to ensure that the 600 million euro ($750 million) data center in Eemshaven, Netherlands — due to be completed in 2017 — will be supplied by renewable energy from the start.
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, Commerce Department showed that 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.
Survey conducted by Bloomberg project 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.
Political observers see Sen. Rand Paul's, R-Ky., support for an amendment to the Keystone XL pipeline bill that declared humans contributed to climate change is indicative of an effort to take a middle ground on the issue as he weights a 2016 presidential bid, E&E reports.