From ABC News/AP Duke Energy Corp.’s purchase of Piedmont Natural Gas Co. will create a company with the financial resources to expand the distribution of natural gas across the country as utilities shift further away from coal to the cleaner-burning fuel, the chief executive of the country’s largest electric company said Monday. Duke Energy is spending $5 billion for Piedmont
New requirements: Vermont utilities must procure 55% of the electricity sold to customers from renewable sources in 2017, increasing to 75% in 2032 The State of Vermont is a recent example of a source of the tornadic nature of change that is coming to the power generation sector and electric utilities across the U.S. Joining California, Hawaii and New York with the nation’s most aggressive renewable
From the San Diego Union Tribune Anti-nuclear activists have been popping Champagne corks over the news that the last remaining nuclear power plant in California, the Diablo Canyon facility outside of San Luis Obispo, is expected to shut downwithin the next nine years. But a number of critics say if history is a guide, California will become more dependent on
Three Chief Executives Tackle Climate Change Canada’s Prime Minister Justin Trudeau, U.S. President Barack Obama, and Mexico’s President Enrique Peña Nieto joined forces in Ottawa this week expressly to demonstrate how North America has the “moral imperative to show strong leadership building on the Paris Agreement and promoting its early entry into force.” This meeting was to showcase their resolve to
From SmartGrid News Four companies account for more than half of all renewable energy sales across the U.S.: Sempra Energy, Pacific Gas & Electric (PG&E), Edison International and Xcel Energy all reported that more than 20 percent of their total energy sales came from renewable resources, according to a report from CERES. Combined, the four companies accounted for more than
DTE Energy increases dividend for seventh straight year; annualized rate increases 5.5 percent
From MarketWatch California regulators and utility executives are staring down a natural-gas shortage in the Los Angeles area that could trigger up to two weeks of electrical blackouts this summer. The state’s electric grid operator warned Friday that it may call for emergency reductions in electricity use on Monday and Tuesday, when a heat wave in Southern California is expected to push up demand for
From The Tesla Team June 21, 2016 Tesla’s mission has always been tied to sustainability. We seek to accelerate the world’s transition to sustainable transportation by offering increasingly affordable electric vehicles. And in March 2015, we launched Tesla Energy, which through the Powerwall and Powerpack allow homeowners, business owners and utilities to benefit from renewable energy storage. It’s now time
The Accelerating Growth of Wind and Solar Energy is Being Driven by Government Climate Policies, Global Corporations Thrusting Themselves onto the Green Bandwagon, Fervent Activism Against Fossil Fuels, a Carbon Concerned Millennial Generation that is Willing to Pay More for Renewable Energy, and for Some Large Electricity Buyers–Attractive Economics Last week, Oil & Gas 360® published an exclusive interview with Martin Keller, Director of
Gemma Power Systems Completes Two Major Pennsylvania Power Projects
If Martin Keller’s prediction comes true, in 50 years the U.S. won’t be using nearly the amount of crude oil, refined petroleum products, natural gas or coal as the legacy energy industry has been supplying for the past 100 years – Part One The National Renewable Energy Laboratory, or NREL, is a place you might label as the federal government’s
If the CPP passes, natural gas growth will double and renewables will show much stronger growth: EIA The extent to which renewables and natural gas continue to grow in terms of their overall percentage in the energy generation mix in the United States will depend on the future of the EPA’s Clean Power Plan, according to new data from the
