Energy Update
(Wed, 08 Feb 2017) Coal production in the United States totaled 739 million short tons (MMst) in 2016, an 18% decline from 2015 and the lowest level of coal production since 1978. Because nearly all coal produced in the United States is used to generate electricity, coal production and coal-fired electricity generation are closely connected.
Aker Solutions was awarded two framework agreements to provide concept and front-end engineering (FEED) services for BP globally.
“Pigovian Tax.” If you know what this means, then you can skip this week’s Energy Show on Renewable Energy World. For everyone else (including me until I looked up the word) a Pigovian tax is a tax levied on an undesirable market activity to offset the negative effects of said activity. The carbon tax is a Pigovian tax — hence the addition of this obscure word to our Renewable Energy World vocabulary.
On Jan. 19, the IRS released Revenue Procedure 2017-19 (Rev. Proc.) providing a safe harbor for certain alternative energy sales contracts with federal agencies to be treated as service contracts under Section 7701(e)(3).
The startup in January of LNG supplies to the small Mediterranean island state of Malta could be considered a mere drop in the ocean for the global LNG market.
When Kristin moved to a historic home in New England, she wanted to save money on her electric bill by going solar. Her biggest concern was how panels on her roof might change the look of her home, which was built in the 1800s.
Despite its previous association with a questionable wind turbine and its promoter, Clarkson University announced that the school in upstate New York has transferred ducted wind turbine technology developed on campus to a private company for commercialization.
Financing and government policy have been identified as the major challenges to the development of geothermal energy in the Eastern Caribbean, according to a survey conducted by the Energy Unit of the Organization of Eastern Caribbean States.
An argument can easily and convincingly be made for the need of the federal government to take stock of its regulatory holdings. No system is perfect; the federal regulatory framework is no exception.
Indonesia has the world’s fourth-largest population, a rapidly expanding economy, and an aggressive goal to increase the share of renewable energy in the country’s energy mix to 23 percent by 2025.
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