Archive for the 'Coal' Category

Natural Gas: Transitional Fuel to a Renewable Energy Future

natural gas Natural Gas: Transitional Fuel to a Renewable Energy Future For a number of years, notes ecologist and UC Santa Barbara Professor Emeritus Daniel B. Botkin, energy professionals have been plugging natural gas from shale as the cleanest and most abundant source of energy to transition America’s economy from heavy polluting fossil fuels to clean, “green” renewables like solar and wind. The truth is that extracting shale gas is based on experimental, and extremely risky, technology that uses vast quantities of water and some seriously toxic chemicals to “blast” the gas out of formations.

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What Energy Industry Trends will Affect Your Business?

energy industry What Energy Industry Trends will Affect Your Business?New Technology -  Technological change has been a major feature of energy markets since the 1970s oil crises. Dire predictions about the rapid depletion of moderately priced oil supplies were commonplace then. But in the intervening years, despite a rapidly expanding global economy, such prognostications have proven false. Instead, over the last three decades, technological advances in drilling and exploration have contributed to a significant expansion of conventional hydrocarbon production available from oil and gas fields located outside the Persian Gulf. This technological progress has dramatically lowered the cost for finding and producing oil and natural gas and provided energy consumers with ample, inexpensive supplies at a time in which earlier forecasts had predicted shortages.

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Barriers of Entry into the Energy Industry

oil refining Barriers of Entry into the Energy IndustryThe global energy industry includes oil, gas and consumable fuels industry, and the energy equipment and services industry. The vast majority of revenues come from oil, gas and consumable fuels and consequently this analysis will focus on this industry.  Major players in the global energy industry are large vertically-integrated multi-national companies such as Exxon Mobil and Royal Dutch Shell. Such companies have large scale operations, with few activities in alternative industries, which produces a high level of rivalry.

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China Plans Renewable Energy Demonstration City

green city China Plans Renewable Energy Demonstration CityWhen the Chinese government decides to undertake something, it tends not to do so in half measures. Case in point, the government has been focusing recently on renewable energy to help decrease the country’s extreme dependence on coal. Now, the central government has approved a plan to create a renewable energy demonstration city in Turpan (part of the Xinjiang Uigher Autonomous Region).

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HTS Cable to Create Resilient Grid Project

344 superconductors HTS Cable to Create Resilient Grid ProjectIn 2008, Consolidated Edison Inc. (NYSE:ED), one of the nation’s biggest investor-owned utilities, teamed with Massachusetts-based energy technologies company, American Superconductor (Nasdaq:AMSC), and the U.S. Department of  Homeland Security to rewire Manhattan with a new type of superconductor wire that would provide for massive amounts of electrical distribution while preventing cascade failures like the one that occurred on Aug. 14, 2003, across northeastern and Midwestern North America from Cleveland and Lansing well into Ontario. The blackout affected more than 40 million people, interrupted emergency services and more than a dozen people died as a result.

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“U.S. Energy Companies Can Aid Ukraine Independence” – Hillary Clinton

Hillary Clinton “U.S. Energy Companies Can Aid Ukraine Independence”   Hillary Clinton Secretary of State Hillary Clinton said U.S. energy companies can help Ukraine reduce its dependence on Russian natural gas as she began a visit to countries in eastern Europe and the Caucasus. “Investing in the energy sector is one of the best ways the U.S. and other countries can help Ukraine,” Clinton said during a visit to Kiev. “An energy sector built on transparency, market pricing and efficiency can put a permanent end to the crises that have beset the Ukrainian energy market.”

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New Green Code of Conduct for European Retailers

EU green code New Green Code of Conduct for European RetailersA group of Europe’s leading retailers, including Tesco and French giant Carrefour, signed up to a new voluntary code of conduct designed to reduce the sector’s environmental footprint, cut emissions and support sustainable products.The Retail Environmental Sustainability Code was published at an event in Brussels to mark the first anniversary of the EU-backed Retail Forum for Sustainability.

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U.S. DOE Supports Nevada Geothermal Development

bluemountainfield nevadageothermal 150x150 U.S. DOE Supports Nevada Geothermal Development The Department of Energy (DOE) recently announced a conditional commitment to provide a guarantee for a US$98.5 million loan by John Hancock Financial Services to the Nevada Geothermal Power Company (NGP) for a 49.5 megawatt geothermal project in Humboldt County in northwestern Nevada. The NGP Blue Mountain (“Blue Mountain”) project consists of a geothermal well field, fluid collection, and injection systems that enable energy to be extracted from rock and fluid below the Earth’s surface – as well as a power plant that converts geothermal energy into electricity.

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Masdar Research Boss Quits After One Year

Masdar City Masdar Research Boss Quits After One YearHigh-profile clean tech firm is facing a series of resignations from top executives. The head of research at Masdar, Abu Dhabi’s state-owned clean tech investment and development firm, has quit after just a year in the post. News agency Bloomberg reported that Tariq Ali, a former UK government energy adviser and director of London’s Imperial College Energy and Environment Office, will leave the post next month.

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CO2 Emissions to be Eliminated from U.S. Coal – within 20 Years

iStock CO2 150x150 CO2 Emissions to be Eliminated from U.S. Coal   within 20 YearsThe United States could completely stop emissions of carbon dioxide from coal-fired electric power plants — a crucial step for controlling global warming — within 20 years by using technology that already exists or could be commercially available within a decade, according to a group of scientists, engineers, and architects.

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