MONTPELIER, Vt. (AP) — A New York company announced Thursday it hopes to build a 150-mile power line from the Canadian border under Lake Champlain and then across Vermont to the town of Ludlow where it would connect to the New England electric grid.
The American Wind Energy Association said new wind farm construction and connections to the power grid have declined in 2013 with the wind Production Tax Credit set to expire at the end of the year, Bloomberg reports.
After values dropped 87 percent from a February 2011 to November 2012, solar industry manufacturers on the BI Global Solar Energy Index have recovered 55 percent of their lost value in a year as demand surged, Bloomberg reports.
BEIJING (AP) — China's troubled solar panel maker Suntech Power Holdings Ltd. said it was in line to receive a $150 million investment from a company controlled by its hometown government as it restructures following a debt default.
After posting higher profits in the third quarter on stronger demand, SunPower Corp., the second-largest solar panel producer in the U.S., said it would boost its manufacturing capacity by more than 25 percent, Bloomberg reports
House Natural Resources Water and Power Subcommittee hearing, "A Roadmap for Increasing our Water and Hydropower Supplies: The Need for New or Expanded Multi-Purpose Surface Storage Facilities." Washington State Department of Ecology Office of Columbia River Director Derek Sandison among witnesses.
The tanker BW Zambesi sailed from Texas Wednesday night headed for South Korea loaded with $40 million in condensate from Enterprise Products Partners, but the Commerce Department move to permit such exports -- now on hold -- caught the White House by surprise, senior adviser John Podesta told The Wall Street Journal.
The latest round of sanctions against Russia over its actions in Ukraine have major energy companies -- including BP and Total -- thinking again about the way they do business with Moscow, The New York Times reports.
The Center for Liquefied Natural Gas, responding to a Department of Energy draft report estimating the impact LNG exports would have on greenhouse gas emissions, warned that taking it into consideration would open the door to legal challenges, National Journal reports.
The southern parts of the Pegasus pipeline, which ruptured causing a major spill in Arkansas in March 2013, restarted on July 9, Exxon Mobil told the Arkansas Democrat-Gazette in an email, The Associated Press reports.
Increasing OPEC production and higher U.S. gasoline stockpiles outweighed international crises to send oil prices lower Thursday. Benchmark crude for September delivery fell 75 cents to $99.52 a barrel in electronic trading on the New York Mercantile Exchange, while in London Brent crude was 40 cents down to $106.11, Reuters reports.
Sen. Joe Manchin, D-W.Va., has re-introduced a measure that would keep the Export-Import Bank going, but without controversial language that would lift restrictions on it financing coal plants overseas, and the bill has now attracted support from Sen. Maria Cantwell, D-Wash., The Hill reports.
With the departure of two more managers -- Bob Perciasepe and Craig Hooks -- from the Environmental Protection Agency, EPA will have eight vacancies among its 14 key political posts, a special problem when it has a full load of challenges, E&E reports.
Departing Environmental Protection Agency Deputy Administrator Bob Perciasepe says he hopes to be able to “build a bridge” with Republicans over the EPA’s rules limiting carbon emissions from power plants and clarifying jurisdiction over bodies of water (WOTUS), but he’s meeting with skepticism, The Hill reports.
Evangelical and conservative Christians were among those speaking out in favor of the Environmental Protection Agency’s rule to limit carbon emissions from power plants during two days of hearings on the regulation this week in Washington, The New York Times reports.
The lack of interested buyers thus far for the electricity output of TransAlta’s coal-fired plant in Centralia, Washington is due to soft prices in the Pacific Northwest and not moves by the Environmental Protection Agency to regulate carbon emissions, company chief Dawn Farrell told Platts.