Electric utilities are usually characterized as ‘anti-innovators’ as their ultimate goal is only to sell electricity at the lowest cost and highest reliability, Nicholson writes. But a new study suggests some paths forward for the electric utility industry.
A joint US-Israel missile test Tuesday boosted oil prices and renewed worries that a spread of conflict in the Middle East could block oil supplies. If oil prices continue to rise, would the US tap emergency oil supplies to avoid damaging a fragile economic recovery?
Global warming could further lower the likelihood of the atmospheric conditions that last year shoved superstorm Sandy due west into New Jersey, a new study says. But stronger storms will worsen with global warming, the study found, and outweigh changes in steering currents predicted by the study's computer models.
Wind and solar electricity will become cost competitive, without the help of federal subsidies, by 2025, according to a new report from the National Renewable Energy Laboratory.
The possibility of a military strike on Syria has investors worried an attack could spread trouble across the Middle East and cut off oil supplies. But, for the first time in 50 years, the US is not as worried about disruptions to the oil markets, resulting from a possible military strike on Syria, as domestic production is at a 20-year high.
With oil prices jumping at the thought of a looming military strike on Syria, it’s worth recalling what a back-up supply from the US Strategic Petroleum Reserve can and can’t do, Styles writes. The reserve could prove extremely helpful should a military strike on Syria occur.
A possible military strike on Syria pushed up gasoline prices Thursday by 1.8 cents a gallon, the biggest one-day jump in a month. But they're still 27 cents below the Labor Day price last year and prospects of a delay in a military strike on Syria may keep them from rising much during the big driving holiday.
With two of the world's leading economies, China and the United States, in a tat-for-tat move on wind, and with the sector fanning out from Europe, the energy landscape could be decidedly cleaner 20 years from now, Graeber writes.