Companies like Echogen are betting that advances in technology will improve the feasibility of energy harvesting – generating power from things like vibrations, heat or radio waves – although the chief of ARPA-E, the Energy Department’s agency promoting research, says retooling the grid to add local energy storage may be a more significant step for the nation’s power picture, CNBC reports.
President Barack Obama late Wednesday tapped oil giant BP's chief scientist to head up the Energy Department's high-tech research program.
The White House said Obama would nominate Ellen D. Williams to direct the Advanced Research Projects Agency-Energy. She would take over from the program's Deputy Director Cheryl Martin, who has been running the program since the beginning of this year.
The House accepted amendments to the water and energy development appropriations bill to boost ARPA-E funding and environmental cleanup funds but rejected others that would have boosted or cut the bill's spending on renewable energy, The Hill reports.
President Barack Obama on Wednesday proposed a $3.8 trillion federal spending blueprint that again seeks to cut billions of dollars in tax incentives for oil and gas companies while boosting clean energy research.
The 2014 budget plan includes Obama's renewed call for Congress to close incentives worth $44 billion over 10 years, a goal that has failed to advance in past years because of opposition from Republicans and oil-state Democrats. In comments at the White House, Obama said the budget "will continue our march towards energy independence and address the threat of climate change."
ARPA-E Energy Innovation Summit 2013 Day Three. Concludes today. Morning remarks by Energy Secretary Steven Chu, Energy Deputy Secretary Dan Poneman, Sen. Lamar Alexander, Sen. Lisa Murkowski, Sen. Ron Wyden, New York Mayor Bloomberg, American Electric Power President Nick Akins, Center for American Progress Chair John Podesta.
Among the slots the White House has to fill for President Barack Obama's newly-minted second term is director of an Energy Department research agency that enjoys support on Capitol Hill despite Republican opposition to his green agenda.
The Advanced Research Projects Agency - Energy has been without a confirmed director since Arun Majumdar left the administration last May. Acting director Eric Toone left the administration at the end of December to return to Duke University, from which he was on leave during his time with the administration starting in 2009.
The GOP chorus denouncing the Environmental Protection Agency move to lower the ozone standard was joined by House Majority Leader Rep. Kevin McCarthy, R-Calif., senior figures on the House Energy and Commerce Committee, as well as Sen. John Thune, R-S.D., who is chairman of the Republican Senate caucus, The Hill reports.
Ahead of the OPEC meeting in Vienna, oil prices recovered Wednesday from earlier drops triggered by word of a greater-than-expected increase in U.S. crude inventories as well as a comment from Saudi Arabia's oil minister that there would be no need for a production cut. West Texas Intermediate crude for January delivery slipped just 3 cents to $74.06 a barrel on the Nymex, while in London Brent was 5 cents lower to $78.28, Bloomberg reports.
Freeport LNG has closed on financing deals – from Japanese sources -- for two of three planned liquefaction trains at its export facility, and should begin construction on its plant in Quintana, Texas this week, with operation projected to start in 2018, FuelFix reports.
Uranium prices are on track for an 18 percent increase in 2014, which would be the first annual gain for the energy commodity in four years and make it the best performing category in the sector, Bloomberg reports.
Nearly all of the claims dealt with through the settlement process after the 2010 BP Gulf of Mexico spill were handled correctly, according to a third party audit released Tuesday by claims administrator Patrick Juneau, The Times-Picayune reports.
The legal fight over the Environmental Protection Agency’s Waters of the U.S. rule could revolve around what’s meant by the words “adjacent” and “neighboring,” as well as how the regulation defines a flood plain, E&E reports.
After a shareholder lawsuit filed to stop the $2.86 billion merger announced in June between C&J Energy Services and the fracking business of Nabors Industries, a judge in Delaware Tuesday ordered a 30-day suspension to allow for competing offers, but C&J said it would appeal, FuelFix reports.
Oncor’s proposal to install battery storage across the grid in Texas is coming in for criticism from a state lawmaker – Republican State Sen. Troy Fraser said his support for the $5.2 billion project came before he realized an increase in transmission rates would be part of the package, The Dallas Morning News reports.
Speaking about the failure of Google’s renewable energy project RE<C, two engineers, writing in IEE Spectrum recently, said trying to fight climate change using only existing technologies like wind and solar energy won’t work, Fox News reports.