With 419 megawatts added to U.S. wind power capacity in the 3rd quarter, installations in the first nine months of 2014 – totalling 1,254 megawatts -- have surpassed what came on line in all of the year before, according to the American Wind Energy Association, Bloomberg reports.
The head of the Internal Revenue Service has called on Congress to take up or abandon a package of tax break extensions and renewals by the end of November to avoid slowing tax refunds next year.
In a letter dated Monday to the chairmen and ranking members on the Senate and House tax-writing committees, Commissioner John A. Koskinen said a decision must be made by then to avoid "serious problems" for IRS and for filers.
While he did not call for passage of legislation, Koskinen's letter gives backers of the tax "extenders" bill pending in the Senate a new argument to use in calling a fast vote when lawmakers return to Washington next month.
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.
El Hierro, a part of Spain’s Canary Island chain, hopes to become the first island in the world to get all of its power from renewable energy, now that its Gorona del Viento wind and water turbine farm has started operation, NPR reports.
CHEYENNE, Wyo. (AP) — A proposal to export twice as much Wyoming wind power to Los Angeles as the amount of electricity generated by the Hoover Dam includes an engineering feat even more massive than that famous structure: Four chambers, each approaching the size of the Empire State Building, would be carved from an underground salt deposit to hold huge volumes of compressed air.
The caverns in central Utah would serve as a kind of massive battery on a scale never before seen, helping to overcome the fact that — even in Wyoming — wind doesn't blow all the time.
Car-mounted technology called flutter-driven triboelectrification has the potential to generate enough energy to charge a cell phone or tablet, according to Korean researchers writing in the journal Nature Communications, the Los Angeles Times reports.
CHEYENNE, Wyo. (AP) — An alliance of four companies has proposed an $8 billion project to supply the Los Angeles area with large amounts of electricity from a wind farm in Wyoming. Here are a few things to know about the ambitious project:
Some ten percent of natural gas produced in drilling fields like those in the Bakken and Eagle Ford shale – most of which is methane -- leaks into the atmosphere, according to a study published in the journal Earth’s Future, E&E reports.
An increase in a Chinese manufacturing index combined with faster-than-expected growth in European industrial activity helped boost oil prices early Thursday. U.S. benchmark crude gained 20 cents to $80.72 a barrel in electronic trading on the Nymex, while in London Brent crude was up 25 cents to $84.96, Reuters reports.
California Resources Corp., a production unit that Occidental Petroleum Corp. is planning to spin off next month, saw a drop in net income to $188 million from July to September, which it attributed to lower crude prices and higher production costs, FuelFix reports.
Kinder Morgan’s $44 billion move to combine its companies will go to shareholders for a vote Nov. 20, the company said Wednesday, claiming the step “paves the way for superior growth,” FuelFix reports.
With $9.5 million laid out so far this year on lobbying -– according to figures in disclosure reports filed with the Senate –- Koch Industries has outspent Exxon Mobil and funneled significantly more into advocacy than it did in 2013, E&E reports.
Cabot Oil & Gas and Vera Scroggins return to court in Pennsylvania next week in another chapter of their long-running legal fight, with the 63-year-old anti-fracking activist potentially facing fines or time in prison, NPR’s StateImpact Pennsylvania reports.
State Department energy envoy Amos Hochstein says the federal government won’t get involved in the dispute between Baghdad and the Kurdistan Regional Government in Iraq over ownership of oil on board the tanker United Kalavrvta, which has been sitting off the coast of Galveston for months, Platts reports.