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Europe: +44 (0) 207 198 1634 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 […]
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 […]
Equities and the Economy Good morning and happy Buffalo Soldiers Day (Bob Marley. Eh, mon). On the heels of a massive capitulation of the Chinese stock market equities around the world got crushed yesterday including, unfortunately, U.S. equities. When you woke up yesterday China’s Shanghai index had closed down a huge 8.48% (biggest one day […]
Data from Federal Energy Regulatory Commission shows new renewable capacity added so far this year is 900 times that of coal, figures do not account for distributed solar PV. The transitioning energy landscape of the U.S. has taken a further decisive step down the path marked “clean future” following data released by the Federal Energy […]
Good morning. It’s been almost a week since the last Morning Energy Blog being I was travelling the last four business days with my last report last Monday reflecting Friday July 17th’s price action. As a matter of reference, on that day the Nasdaq closed at a record high of 5,201, the Dow was at […]
Equities and the Economy Good morning and happy National Get Out of the Dog House Day. Stocks closed mixed on Friday but of note was the Nasdaq closed at a new record high gaining 47 points (0.91%) to 5,201. The tech heavy index was powered higher by Google which announced Q2 spectacular earnings. So how […]
Equities and the Economy Good morning and happy Wrong Way Corrigan Day (Google that). It was a good day on Wall Street yesterday with major indexes around the globe closing higher including those here in the U.S. The Dow climbed 70 to 18,120, the S&P 500 added 17 to 2,124 and the Nasdaq rose 64 […]
Equities and the Economy Good morning and happy Corn Fritters Day. After four up sessions U.S. equities gave up a smidgeon yesterday with the Dow off 4 points to 18,050, the S&P 500 down 2 to 2,107 and the Nasdaq closing 6 points lower at 5,099. All the indexes were nicely in the green early […]
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 […]
Equities and the Economy Good morning. On below average volume U.S. equities posted their 4th consecutive session of gains yesterday with the Dow closing up 76 points (0.42%) at 18,054, the S&P 500 adding 9 (0.45%) to 2,109 and the Nasdaq up 33 (0.66%) to 5,105. Yesterday’s Dow performance was enough to get the index […]
