Energy Update
WASHINGTON, Feb 3 (Reuters) - A political fight over the federal government's role in Michigan's water contamination crisis spilled onto the U.S. Senate floor on Wednesday as Democrats threatened to block a bipartisan energy bill if it fails to include immediate aid for the city of Flint.
Tesla is gearing up for its biggest-ever unveiling: the Model 3, an affordable electric car that’s supposed to take the company from 50,000 vehicle sales last year to 500,000 in 2020. Here’s what we know so far:
BAKU, Feb 3 (Reuters) - The International Monetary Fund urged Azerbaijan on Wednesday to boost reforms and diversify its economy in order to withstand a plunge in global crude prices which has badly hit growth, budget revenues and the manat currency.
New geothermal industry guidance for Clean Power Plan compliance has been made available for five U.S. states.
NEW YORK, Feb 3 (Reuters) - Orange Capital, the activist hedge fund firm led by New York-based real estate investment manager Daniel Lewis, is shutting down after a year of poor performance, according to people familiar with the situation.
Setting a new annual record, renewable sources (i.e., biomass, geothermal, hydropower, solar, wind) accounted for almost two-thirds (63.85 percent) of the 16,485 MW of new electrical generation placed in service in the US during calendar year 2015.
The U.S. Senate in a voice vote on Feb. 1 approved an amendment to the Energy Policy Modernization Act (S.2012) that gives the U.S. Department of Energy flexibility in administering funding for energy storage research.
In 2014, annual global installed wind energy capacity reached an unprecedented 51.4 GW. Although final numbers for 2015 aren’t in yet, several sources, including Bloomberg and FTI Consulting, speculate that number could reach as high as 60 GW – an encouraging surge that gives fair indication 2016 could shape up to be another record year for wind.
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