Only 12% of fossil fuel-based power plants are green enough that EVs powered by them generate fewer emissions than Toyota Prius In recent years, proponents of clean energy have taken heart in the falling prices of solar and wind power, hoping they will drive an energy revolution. But a new study co-authored by an MIT professor suggests
World won’t ditch fossil fuels without carbon tax – MIT study Read More »
HomeServe survey found that 69% of homeowners thought it was unlikely that they would experience a major home repair emergency in the next 12 months – but more than half (59%) reported having experienced one in the past 12 months Concerns surrounding climate change have continued to grow in recent years, driving government efforts, global
Americans choose energy efficiency because of savings, not climate change – survey Read More »
Anadarko planning to monetize $3 billion in assets in 2016 Anadarko Petroleum Corporation says it is cutting back in West Texas and the Denver-Julesberg basin while it waits for a more “compelling price environment.” “In 2016, we will continue our disciplined and focused approach, preserving and building value by leveraging our best-in-class capital allocation, enhancing operational efficiencies
Anadarko Petroleum cuts 2016 capex by $2.5 billion in Permian, D-J basins Read More »
Crescent Dunes developers expect it to generate more than 500,000 megawatthours annually, equivalent to 1.3 per cent of Nevada’s 2015 utility scale net generation from all sources Crescent Dunes Solar Energy, a 110 megawatt (MW) concentrating solar power (CSP) electricity plant, began full operation in February, according to its press release. Crescent Dunes uses an energy storage
Crescent Dunes concentrating solar plant begins producing electricity Read More »
“North Carolina has the largest coastal area within the proposed leasing zone, meaning we stand to benefit more than any other Atlantic Coast state.” A statewide telephone poll of over 600 voters in each state of North Carolina, South Carolina, and Virginia shows overwhelming support for offshore development of oil and natural gas resources, especially among Republicans. The
Strong support for offshore drilling from voters in Carolinas, Virginia Read More »
Exxon Mobil on track to start up 10 new upstream projects in 2016/17, adding 450,000 b/d of production capacity Exxon Mobil is interested in acquisitions while oil prices are low, but CEO Rex Tillerson told the annual meeting with investors in New York that sellers have unrealistic price expectations. Tillerson said Wednesday that Exxon Mobil Corp. is in financial position to
Exxon Mobil eyeing competitors while prices are low Read More »
SuperTruck II projects hope to improve long-haul truck efficiency by 100% relative to best-in-class 2009 truck Washington has launched the $80 million SuperTruck II efficiency project to improve the fuel efficiency of long-haul trucks. Deputy Assistant Secretary for Transportation Reuben Sarkar says SuperTruck II is subject to congressional appropriations, for research, development and demonstration of long-haul tractor-trailer truck technology. Sarkar
SuperTruck efficiency project gets $80 million to double long-haul truck fuel mileage Read More »
Summer peak demand could surpass 70,000 MW for the first time, ERCOT estimates 79,000-plus MW peak supply ERCOT, the operator of the electric grid and market serving most of Texas, says that based on seasonal forecasts, its power system should have plenty of capacity to keep Texans cool and businesses humming this spring and summer. “Taking
ERCOT says plenty of power generation to meet Texas spring/summer demand Read More »
Refineries manufacture spring/summer-grade gasoline well before regulations require it be available at California retail stations The spot price of wholesale gasoline in Los Angeles fell as low as 66 cents per gallon on Feb. 18, the lowest spot gasoline price in the nation and something that has only occurred on 24 days during the past
California wholesale gasoline price falls as low as 66 cents per gallon – EIA Read More »
Higher chemical trade activity will benefit key ports, terminals and logistics providers on Texas, Louisiana Gulf Coast Despite low crude oil prices, new US shale gas-derived chemical expansions continue to move forward, and more than 100 million metric tons (MMT) of new capacity will be added in the U.S. chemical industry by 2025, according to a new
US shale natural gas drives ‘significant uptick’ in chemical exports Read More »
