Duke Energy says its subsidiary Duke Energy Progress has gotten approval from the North Carolina Utilities Commission for its plans to build three solar projects that would generate 128 megawatts of electricity, Platts reports.
CONCORD, Massachusetts (AP) — Henry David Thoreau famously wrote of "the sunshine of a winter's day," and now the simple place that inspired him the most is going solar.
Officials are breaking ground on a new visitor's center at Walden Pond State Reservation, and the $8 million complex will feature two decidedly high-tech touches: a solar canopy and a pair of electric vehicle charging stations.
Startup QuantumScape Corp. -– believed to be working on solid-state battery technology -- has caught the attention of Volkswagen AG, which has bought a stake in the company, people familiar with the deal have told Bloomberg, which reports that the German automaker is likely trying to get a competitive edge over Tesla.
As the wind industry and allied senators called for the Senate to insist on its two-year tax breaks extension bill, prospects for the effort were dwindling, according to a key architect.
After the House passed a one-year bill that extends about 50 expired breaks -- including the wind Production Tax Credit -- only through this year, Senate Finance Committee Chairman Ron Wyden, D-Ore., told reporters that the legislative options to get a pending two-year bill through the Senate were limited.
"I continue to talk to senators about a bipartisan bill," Wyden said, "and I will tell you it is hard to see how you get over the procedure (issues) to bring it up."
BRATISLAVA, Slovakia (AP) — Slovakia's prime minister says his government is terminating the lease of a major state-owned hydro power plant to Italian energy company Enel.
Robert Fico said Thursday that Enel had breached a contract signed in 2006. He has blamed Enel for not providing sufficient information about profits generated by the 720-megawatt Gabcikovo plant located on the Danube river and a lack of a plan for its maintenance.
The House on Monday overwhelmingly approved of a one-year renewal of the expired wind Production Tax Credit and other business tax breaks, despite calls for a longer extension from the wind industry, backed by environmental groups.
The Republican-led House voted 378-46 to send the $44.7 billion extenders bill to the Senate. Democrats there will have to decide whether to insist on the two-year, $85 billion extenders bill passed by the Finance Committee this spring, or simply pass the House bill as time runs short on their lame-duck session.
President Barack Obama made clear Wednesday he could sign either bill.
Projections for sales of Tesla’s Model 3, to start shipping in 2017 with a price tag of $35,000, could be seen as overly optimistic if gasoline prices remain relatively low, The Wall Street Journal reports.
The Senate plans to try to override President Obama’s veto of the Keystone XL pipeline approval this week, while the House plans a vote on measures targeting the Environmental Protection Agency’s use of scientific data, National Journal reports.
Republicans from the Gulf region are angry about Obama administration proposals to cut the money states will get from offshore oil and gas drilling, and Alabama lawmakers Rep. Bradley Byrne and Sen. Richard Shelby say the proposal is "dead on arrival", The Hill reports.
Negotiations between refiners -– represented by Shell Oil. Co. -- and striking workers are set to resume Wednesday, as the walkout by United Steelworkers, now affecting 15 plants, drags toward its second month, Reuters reports.
A strong dollar and an increase in Libyan production helped to pressure oil prices early Monday. U.S. benchmarck crude for April delivery dropped 55 cents to $49.21 a barrel in electronic trading on the Nymex, while in London Brent fell 68 cents to $61.90, Reuters reports.
The administration of Pennsylvania’s new Democratic governor, Tom Wolf, is set to release plans to update drilling rules to address concerns about the health and environmental impact of natural gas drilling, The Associated Press reports.
Michigan lawmakers will be faced this session with deciding what to do in the future about the state’s renewable energy requirement, which currently stands at 10 percent and should be met by utilities this year, Mibiz reports.
Coal price declines are tied to lower natural gas prices, Duke Energy Progress executive Brett Phipps told the Kentucky Public Service Commission in a filing, predicting that coal prices would remain stable in the short term but could become more volatile in the future as miners cut back production, Platts reports.
Former BP CEO John Browne will become executive chairman at LetterOne Energy, backed by Russian billionaire Mickhail Fridman, as the company takes over the oil and gas subsidiary of German utility RWE, The New York Times reports.