Energy Update

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There is a lot of buzz about the Internet of Things (IoT) these days. But what does the proliferation of these smart and connected devices mean for our energy systems?

New York will need to tap offshore wind, one of the most expensive sources of electricity, to meet its clean energy goals, according to the state’s chairman of energy and finance.

RIO DE JANEIRO, April 6 (Reuters) - Samarco Mineração SA is unlikely to win Brazilian government authorization to resume iron ore mining operations at the site of a dam burst that killed 19 people unless water leaks are permanently stopped, two environmental protection officials said on Wednesday.

Energy storage may be an emerging technology, but that doesn’t necessarily mean banks and investors are scared of it.

On March 16, the California Energy Commission held a workshop asking specific questions to be addressed as input to the RETI process. In response to the questions asked, Ben Matek, Industry Analyst & Research Projects Manager, provided the following response.

Developers now have more public financing options available to support the exploration and test drilling phases of geothermal development, where high risk traditionally has limited funding opportunities.

BOSTON, April 6 (Reuters) - Hedge fund Tiger Global Management, known for making big bets on technology companies, slipped modestly in March, leaving it down 21 percent for the first three months of the year, an investor in the fund said.

PARIS, April 6 (Reuters) - A group of French energy and construction companies have launched what they say is the first urban neighbourhood smartgrid in France to test new power network technologies.

* Ukraine says would destroy EU solidarity, hike tariffs for some

CHARLESTON, W.Va., April 6 (Reuters) - Former Massey Energy Chief Executive Don Blankenship was sentenced to a year in prison and fined $250,000 on Wednesday for his role in a 2010 West Virginia coal mine explosion that killed 29 workers.

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