Energy Update
300 pounds: That’s how much coal was not burned in a distant power plant in December as a result of the solar panels we installed on our house in Wyoming this fall. Being December, it was our lowest monthly generation period, with low sun angles and periodic snow covering our panels. The Copelands’ home solar project. Photo: Creative Energies An as
EOG Resources made the call of forfeiting production growth this year, in contrast to many oil companies cutting capex but assuring the market they can still grow production.
In 2014, Mitsubishi Heavy Industries (MHI)formed a joint venture with Vestas called MHI Vestas Offshore Wind. The strategy behind that joint venture is now substantially clearer. MHI’s decision to stop the commercialization of its 7 MW SeaAngel offshore wind turbine, to focus instead on the Vestas V164-8.0 MW turbine under MHI Vestas Offshore Wind,
Much has been made of the domestic light sweet crude flooding US markets, and we attempted to capture some key points about Light Houston Sweet in this infographic.
Google Inc. is making its largest bet yet on renewable energy, a $300 million investment to support at least 25,000 SolarCity Corp. rooftop power plants.
Left, Right, Left, Right... It's been a long battle. More than five years of bickering by both sides. A Republican-led Congress took office almost two months ago, and they, along with many Democrats, made the XL Pipeline one of their top priorities. Meanwhile, almost no other issues have been discussed, virtually no other legislation has passed. It
The leasing market has been a boon for the solar industry, ramping up residential installations for the past several years and with continued growth expected for the near future. Now the folks at ViZn Energy Systems hope to spark that same success for the energy storage market. ViZn has partnered with equipment leasing and financial services firm LFC Capital Inc.
Homes are billed for electricity based on the amount of energy they consume (measured in kwh). But commercial facilities often get an additional charge for the peak amount of power they consume during each month (measured in kw). These demand charges are designed to compensate the utility for the peak generating capacity that they must provide when large motors, air conditioners and other commercial processes are started up (power draw from motors is highest when the motors start).
Iron ore dropped below $60/mt amid oversupply concerns. US and Asian flats and longs prices continued to fall February, into March, while European coil and rebar prices were broadly stable.
(Thu, 26 Feb 2015) With natural gas storage at low levels in most of 2014 and production relatively high, minimal new natural gas storage capacity was built, except for salt facilities in the Producing region. Capacity in the East region of the United States fell slightly, resulting in relatively unchanged national total capacity.
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