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Archive for the ‘News’ Category

New maps highlight geologic characteristics of U.S. tight oil, shale plays

EIA is currently in the process of updating maps of major tight oil and shale gas plays, including the Eagle Fordand Marcellus plays, which will help to better characterize the geology of key areas of production in the United States. EIA’s most recent maps focus on shale and tight oil plays, and characterize plays based on geologic characteristics, including […]

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Gallup: Public support waning for nuclear, coal power

Just five years ago support for nuclear power reached 62%, buoyed by announcements that the United States would construct two new facilities after a three-decade hiatus. But a new poll from Gallup shows support has plunged, largely in the wake of Japan’s Fukushima disaster but also as renewable energy sources have become more prominent and […]

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Power outage spikes PJM prices

A power outage that left 28,000 customers in the District of Columbia and Maryland in the dark also sent real-time prices higher, Platts reported. The locational marginal price for BGE exceeded $500/MWh, and Pepco prices reached approximately $400/MWh. According to a statement from the Washington, D.C., office of the mayor, the outage “was the result […]

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Total Energy Subsidies Decline, Solar Soars

While the total value of direct federal financial interventions and subsidies in energy markets decreased 23 percent from $38 billion to $29.3 billion dollars between fiscal years 2010 and 2013, solar subsidies skyrocketed from $1.1 billion to $4.5 billion in 2013, according to an updated report from the US Energy Information Administration (EIA). Declining solar […]

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Energy Department Releases New Wind Report, Examines Future of Industry

Present Day to 2050, Report Quantifies the Economic and Social Benefits of Robust Wind Energy Growth WASHINGTON – In support of the President’s all-of-the-above energy strategy to diversify our nation’s power supplies, the Energy Department today released a new report looking at the future of wind power through 2050 and the economic benefits that come […]

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Demand Response bill coming to Texas?

Demand response (DR) advocates in Texas are preparing a bill they say would open up the state’s energy markets and unlock DR growth. Reducing power consumption can help control up to 4% of the Electric Reliability Council of Texas’ (ERCOT) peak load, FERC determined in a 2012 report. That’s actually the lowest among organized markets […]

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