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Archive for the ‘News’ Category

365 Companies Throw Support Behind EPA’s Clean Power Plan

Sustainability advocacy group Ceresobtained signatures from 365 companies and investors for a letter it sent to 29 US governors, voicing support for the Environmental Protection Agency’s Clean Power Plan. The letter comes right before finalization of the rule aimed at reducing US power plant carbon pollution by 30 percent by 2030. Asked why it didn’t send the letter […]

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80% of Businesses Choose Competitive Electricity Retailers in Deregulated Areas

About 17.1 million North American residential consumers (44 percent of those eligible) and most large business consumers (80 percent) have exercised their right to choose their own electric retail service providers, according to the Annual Baseline Assessment of Choice (ABACCUS), a report released by the Houston-based consulting firm Distributed Energy Financial Group (DEFG). About 39.2 million electricity customers in North […]

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Energy Efficiency Creates Competitive Advantage, Companies Say

Energy efficiency is being embraced by companies as a critical competitive advantage. What’s more, many companies are generating at least a portion of their own power. Marlene Motyka, US alternative energy leader for Deloitte, gives the results of a new resources study in this podcast. The study found: 77 percent of respondents consider reducing electricity costs […]

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R.I. offshore wind farm starts construction

The developer of the nation’s first commercial-scale offshore wind farm installed the first steel foundation for the project off Rhode Island’s coast. The Sunday installation of Deepwater Wind Block Island Wind Farm came just in time for a Monday tour of the site that will include Obama administration officials, lawmakers and Rhode Island’s governor, among […]

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Natural gas passes coal as top U.S. electric power source

Natural gas overtook coal as the top source of U.S. electric power generation for the first time ever earlier this spring, a milestone that has been in the making for years as the price of gas slides and new regulations make coal more risky for power generators. About 31 percent of electric power generation in April […]

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Summer gasoline prices are lowest in years

Source: U.S. Energy Information Administration, Short-Term Energy Outlook Real prices viewer The average retail price for motor gasoline this summer (April through September) is expected to be $2.67 per gallon, the lowest price (in real dollars, meaning adjusted for inflation) since 2009, based on projections in EIA’s July Short-Term Energy Outlook (STEO). This decline is mainly the result of the […]

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U.S.-Canada electricity trade increases

U.S. electricity trade with Canada is increasing, providing more economic and reliability benefits to both the United States and Canada. Although the amount of electricity imported over the Canadian border is a small part of the overall U.S. power supply, the transmission connections linking Canada and the United States are an important component of the […]

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