|Filed Under:||Utilities / Energy|
|Posts on Regator:||10285|
|Posts / Week:||34|
|Archived Since:||April 4, 2011|
As the energy and utilities industry continues to rapidly transform, the area of utility data monetization is becoming increasingly a critical topic. Currently there is no universal data sharing model that has been endorsed by customers, regulators, utilities and those operating at the edge of the grid.
U.S. coal production in 2016 is expected to total 743 million short tons (MMst), 17% lower than in 2015, and the lowest level since 1978. Falling production in 2016 continues an eight-year decline from peak production in 2008. Production in all major coal regions fell by at least 15%.
California’s three major utilities – Pacific Gas & Electric (PG&E), Southern California Edison (SCE), and San Diego Gas & Electric (SDG&E) – have proposed plans to move Californians to electricity prices that vary with the time of day. Show More Summary
As we make our way into the new year, many analysts will be making predictions about energy markets in 2017. Chief among them is the U.S. Energy Information Administration (EIA), which just released its latest Annual Energy Outlook. The Outlook offers predictions about the future of energy prices, production and consumption in the United States.
Finding ways to convert carbon dioxide from an energy and industrial sector waste product to a useful commodity could spur the development of new technologies, products, and industries while limiting emissions to the atmosphere of climate-altering pollutants. Show More Summary
In this era of post-truth media and politics, it is often difficult to hold on to long held beliefs and understandings. The very reality that seemingly existed yesterday slips away and is replaced by something quite different, perhaps based on cherry picked data or assertions that have little or no factual basis.
After two and a half years of opening up the taps (or rather: not closing them) OPEC has changed course in what is looking to be a gamechanger for the oil market. Market sentiment has shifted and the oil price has gone up. But that doesn’t mean we can go back to the status quo ante, writes geophysicist Jilles van den Beukel.
Many pixels have lit up with speculation about whether the Trump administration will pull out of the Paris Agreement on climate change, but there’s been little discussion of 2016’s other climate accord: the Kigali amendment to the Montreal Protocol. Show More Summary
New York Governor Andrew Cuomo wins a long standing campaign on behalf of natural gas firms and green groups. The climate change battle loses ground. Two aides to NY Governor Cuomo are charged in a bribery scheme related to a natural gas plant slated to replace power from the reactors.
As President-elect Donald Trump puts together his fossil fuel-focused administration, the investment community is moving full speed in the opposite direction, instead putting their bets on emissions reductions and support for clean energy.
U.S. regular retail gasoline prices averaged $2.14 per gallon (gal) in 2016, 29 cents/gal (12%) less than in 2015 and the lowest annual average price since 2004. Lower crude oil prices in 2015 were the main cause of lower gasoline prices. In 9 of the 10 cities for which EIA collects weekly retail price data, gasoline prices did not exceed $3.00/gal.
The New York Public Service Commission recently approved plans by National Grid, the largest distributor of natural gas in the Northeast, to use advanced leak detection and quantification technologies developed by EDF and Google Earth Outreach in order to maximize the environmental and ratepayer benefits of a three-year, $3 billion capital investment program.
MIT alumnus Josh Adler MBA ’13 is a matchmaker. In the mid-1990s, he launched and sold Amour.com, one of the first online matchmaking websites, which is still operating today.
With inauguration day in the United States just two weeks away, it is difficult to harbor optimism about what the Trump presidency will mean for this country and for the world in realms ranging from economic progress to national security to personal liberty.
Australia, which already has the highest solar PV concentration in the world but still relies heavily on fossil fuels, can move to a zero-emission electricity system while keeping prices low, writes Paul Graham, Chief Economist at CSIRO (Commonwealth Scientific and Industrial Research Organisation).
Crude oil prices ended the year above $50 per barrel (b). Although the annual average West Texas Intermediate (WTI) crude oil price in 2016 was $43/b—down $5/b from 2015—the WTI price ended 2016 at $53/b, $16/b higher than at the end of 2015. Similarly, Brent ended the year up $17 from the end of 2015, at $54/b, but the 2016 annual average of $44/b was $8 below the 2015 average.
“What happened to oil in the late 1970s?” was a question assigned to me in elementary school to discuss with family over the Christmas holiday break. At the time, this question seemed innocent enough, and I didn’t know how my family would react about what I soon learned to be two oil embargoes.
Some policy analysts worry that if per capita wealth in China continues to escalate and approaches that of the United States, automobile ownership could quadruple. The likely consequences: extreme traffic congestion and even higher concentrations of air pollution and planet-warming carbon emissions.
President-elect Donald Trump has famously called global warming a “hoax.” Even more alarming to those concerned about climate change, Trump has signaled his administration would walk away from the 2015 Paris climate agreement under which 190 nations have agreed to reduce their carbon dioxide emissions.
When it comes to the future of nuclear energy, the EPA’s mandate to reduce CO2 emissions from power plants is well intentioned but could result in cost hikes for consumers. Here’s why.