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Posts Tagged ‘Dow’

Europe Launches Offshore Wind Power Bonanza

Is 55 gigawatts of new offshore wind by 2020 possible? Nearly 130 gigawatts of installed wind power accounted for more than 8 percent of Europe’s electricity demand in 2014, according to a new report from the European Commission. That figure might not seem particularly large, especially since renewable energy accounted for 78 percent of Germany’s power consumption one afternoon […]

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Morning Energy Blog – August 7, 2015

Equities and the Economy Good morning and happy National Raspberries N’ Cream Day. U.S. stocks ended lower once again yesterday primarily driven but weak earnings, but technicals are also playing a role. Regarding the former, it was the media companies turn to get slammed yesterday (remember this is after Disney, another stock market “general,” lost […]

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Morning Energy Blog – August 6, 2015

Equities and the Economy Good morning and happy National Fresh Breath Day. U.S. stocks closed mostly higher yesterday although the Dow was unable to shake off a weak performance by Disney (down 9%,ouch!) and, once again, energy shares. After flipping between gains and losses yesterday the Dow ended off 11 at 17,540 while the S&P […]

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Texas electric grid breaks demand record, again

The Texas electric grid broke the all-time record for hourly demand between 4 p.m. and 5 p.m. Wednesday as temperatures continue to peak above 100 degrees, according to the Electric Reliability Council of Texas. The ERCOT system demand reached 68,459 megawatts within the record 60-minute time frame, which exceeded the previous Aug. 3, 2011 record […]

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Monthly power sector carbon dioxide emissions reach 27-year low in April

Source: U.S. Energy Information Administration, Monthly Energy Review Note: Data exclude emissions from biomass energy consumption. The electric power sector emitted 128 million metric tons of carbon dioxide (MMmt CO2) in April 2015, the lowest for any month since April 1988, according to the most recent estimates in EIA’s Monthly Energy Review. In any year, April is typically the […]

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Morning Energy Blog – August 5, 2015

Equites and the Economy Good morning and happy National Oyster Day. For a third consecutive day U.S. stocks closed lower with the Dow falling 47 points, to 17,551, the S&P 500 lost 5 closing at 2.093 and the Nasdaq was off 9 to 5,106. Similar to the previous sessions all the indexes closed well off […]

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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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Morning Energy Blog – August 4, 2015

Equities and the Economy Good morning and happy National Coast Guard Day. On their first day of trading in August U.S. stocks got whacked with the Dow losing 92 points, 0.52%, the S&P 500 off 6, 0.28%, to 2,098 and the Nasdaq fell 13, 0.35%, to 5,115. The biggest losing sector on the day was […]

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Morning Energy Blog – August 3, 2015

Equities and the Economy Good morning and happy National Watermelon Day. U.S. equities ended the week on a weak note with all three major indexes posting marginal losses. The Dow ended down 56 points, .032%, the S&P 500 fell 5, 0.22%, to 2,104 and the Nasdaq was off a single digit to 5,128. Energy stocks […]

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