Coal industry sheds 21% of its West Virginia jobs, no longer state’s largest industrial employer West Virginia shed more industrial jobs over the past twelve months than at any year since the end of the recession, according to a new report in the 2017 West Virginia Manufacturers Register®, an industrial database and directory published by Manufacturers’ News. According to the
The EIA released data today showing that U.S. energy-related carbon dioxide (CO2) emissions totaled 2,530 million metric tons in the first six months of 2016. This was the lowest emissions level for the first six months of the year since 1991, as mild weather and changes in the fuels used to generate electricity contributed to the decline in energy-related emissions.
As the No. 2 U.S. coal miner emerges from bankruptcy, a report in Europe warns of trouble ahead for the U.K. Arch Coal, Inc. (ticker: ARCH) said last week that it has successfully completed its financial restructuring and emerged from court protection with more than $300 million of cash on its balance sheet and a debt level of $363 million—7% of
After announcing $1.3 billion Marcellus/Utica midstream purchase, DTE says it will replace coal with 1 Gigawatt of NatGas Capacity Michigan’s DTE Energy (ticker: DTE) is making good on its dive into natural gas. Last Monday the company announced a $1.3 billion gas infrastructure buy in the Marcellus and Utica, followed Wednesday with the announcement of an equity offering to pay for the
The market for natural gas continues to grow as the U.S. currently produces and consumes more gas than ever before, according to EIA’s 2015 Natural Gas Annual. Prices for consumers continue to decline, although residential pricing for heating remains highest in the Eastern United States. Net imports also continue to decline as the country starts to export more natural gas
Wyoming, West Virginia and 25 other states, industry groups and others presented arguments before the D.C. Circuit Court of Appeals on Tuesday in opposition to the Clean Power Plan. The states argued the proposed rule goes far beyond the Environmental Protection Agency’s (EPA) authority. Wyoming would be particularly impacted as the rule requires the state to reduce its carbon dioxide
Wintershall Chairman Pitches NatGas Power Plants, as Pipelines are already in Place, whereas Transmission Lines would have to be Built to Import Wind-Generation After Germany’s nuclear phase-out in 2022 Bavaria will face a base load shortfall of up to 4 gigawatts, but existing gas pipelines in the North could offer an alternative to new electricity lines. “In 2022, if not before,
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
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
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
43 years after the start of initial construction, the Watts Bar 2 nuclear reactor is set to begin operations The first United States’ nuclear power plant to come online in two decades was connected to the power grid June 3, making it the first reactor to meet new guidelines set by the U.S. Nuclear Regulatory Commission (NRC) following the Fukushima
Electrical generation from natural gas fired plants increased 19% in 2015 due to lower natural gas prices and increased legislation on carbon emissions. Coal and natural gas are now neck and neck in electrical generation capacity with EIA projecting natural gas to surmount coal as the top source of electricity. Natural gas-fired generation is expected to continue growth over the
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