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Archive for the ‘News’ Category

Report: Total Transition to Renewable Energy Possible by 2050

AUSTIN, Texas – The world can transition to 100 percent renewable energy by the year 2050, according to a new report from Greenpeace. The plan calls for phasing out oil and gas at a rate that matches the depletion of existing fields, and warns exploration for new fields should be seen as high-risk investments since those fossil […]

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Hurricane Joaquin may cause problems for East Coast energy infrastructure

Source: U.S. Energy Information Administration, Energy Disruptions Hurricane Joaquin, which strengthened to a Category 4 storm on Thursday, is on track to move north along the East Coast this weekend, potentially bringing torrential rainfall and flooding to the region. To help analysts assess potential storm effects, EIA maintains an energy disruptions map that displays energy infrastructure and […]

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Feds to Lease Land for NJ Offshore Wind

The federal government is lending a hand to the struggling wind energy sector by leasing almost 350 acres of the ocean floor off the New Jersey coast for turbines, according to NorthJersey.com. The plan is to auction two leases between Nov. 9-13. The seafloor at auction could potentially support turbines that generate 3,400 MW of electricity, […]

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Energy Management Is a Key Corporate Strategy

Most companies consider energy management to be an essential aspect of corporate strategy, according to Deloitte’s 2015 resources study, published by the Deloitte Center for Energy Solutions. The report is based on 600 online interviews with business decision-makers who are responsible for energy management practices at companies with more than 250 employees across all industries. […]

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Halfway through hurricane season, weather largely calm

HOUSTON — September is about halfway through this year’s hurricane season, and so far the seas have been calm. Every so often, the Atlantic produces a storm strong enough to shutter offshore oil and natural gas production and, if large enough, impact refining and transportation along the Gulf Coast. That hasn’t happened this year, and […]

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The top 10 trends transforming the electric power sector

From the decline of coal power to the rise of energy storage, big changes are taking hold in the industry By now, it’s become cliché to suggest that the utility industry is on the brink of a massive transformation. Analysts told us this would happen — the traditional electric utility model would be upended, and […]

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Natural gas use features two seasonal peaks per year

Source: U.S. Energy Information Administration, Natural Gas Monthly Use of natural gas has two seasonal peaks, with consumption patterns predominantly driven by weather. The largest peak occurs during the winter, when cold weather increases the demand for natural gas space heating in the residential and commercial sectors. A second, smaller peak occurs in the summer […]

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