The land use plan for the California desert announced by Interior Secretary Sally Jewell, which balances renewable energy proposals with conservation measures and runs to some 8,000 pages, will be the subject of discussion at ten public hearings in the coming weeks, while the public comment period on the proposal runs into January, The Press Enterprise reports.
Concerned about the slow take-up of electric vehicles, the CEOs of Daimler and Renault, speaking at the Paris Auto Show Friday, said the industry needs to unite around new technology, and Toyota’s push into hydrogen fuel cell power complicates the landscape too much, The Wall Street Journal reports.
Researchers at Ohio State University – writing in the journal Nature Communications -- claim to have developed the world’s first solar battery that’s rechargeable, and integrated directly into a solar panel, a system they say is cheaper and more efficient than technology in use thus far, The Columbus Dispatch reports.
NRG Energy’s acquisition of Pure Energies Group Inc. -- in a deal where the terms weren’t disclosed – will cut the complexity and cost of picking up new residential customers interested in solar power, the company said Thursday, E&E reports.
Moves by the Maine Public Utilities Commission to boost the energy efficiency programs aimed at large customers are aimed at saving more than 44,000 megawatt-hours of electricity annually, Platts reports.
CALUMET, Okla. (AP) — A decade ago, states offered wind-energy developers an open-armed embrace, envisioning a bright future for an industry that would offer cheap electricity, new jobs and steady income for large landowners, especially in rural areas with few other economic prospects.
To ensure the opportunity didn't slip away, lawmakers promised little or no regulation and generous tax breaks.
Short-covering and the expiration of the front month contract helped power oil prices to a huge gain Friday. West Texas Intermediate crude for January delivery shot up 5 percent, or $2.41, to settle at $56.52 a barrel on the Nymex, while in London February Brent finished $2.11 higher at $61.38, Reuters reports.
Oilfield services company Baker Hughes reported Friday that 1,875 rigs were drilling for oil and gas in the U.S. this week, a drop of 18 and the second week in a row that the number has fallen, FuelFix reports.
Comparing present-day statistics with numbers during the oil bust in the mid-1980s has led JP Morgan Chase economist Michael Feroli to warn that Texas could slip into a regional recession next year, FuelFix reports.
Job losses in the power generation sector over the past three years topped 5,800, according to data released by the Energy Information Administration Friday, which said all parts of the industry were affected other than renewable energy, The Hill reports.
Avenue Capital, the hedge fund run by Marc Lasry that specializes in buying distressed companies’ debt, is raising $750 million for a fund that will focus on the energy sector, according to the Pennsylvania Public School Employees’ Retirement Board, which confirms it has put in $200 million, the New York Post reports.
Tesla is testing the market for battery swaps: Near California supercharging stations where Model S owners can top up their batteries for free, the company is creating a facility where drivers can pay a cost equivalent to a tank of gasoline and get a fully-charged battery installed in three minutes, The Wall Street Journal reports.
The growth of global carbon emissions slowed in 2013 -– although the total of 35.3 billion tons did set a record -- and the rate of increase tailed off despite an uptick in economic activity, says a report from the European Commission’s Emissions Database for Global Atmospheric Research, or EDGAR, according to E&E.
INEOS hopes to get commercial shale gas production under way in Britain before the end of the decade, according to documents the government released Friday, which detailed the company’s presentation to the Department of Energy and Climate Change in February, Platts reports.