Geothermal is in many ways the best option when it comes to generating clean, carbon-free energy. The problem comes in the details. The chasm between the promise and challenges facing geothermal are […]
PI News Feed
OPEC spare capacity in the first quarter of 2012 at lowest level since 2008
The U.S. Energy Information Administration (EIA) estimates that global spare crude oil production capacity averaged about 2.4 million barrels per day (bbl/d) during the first quarter of 2012, down about 1.3 million […]
Citi eyeing solar securitisation deal this year
Citigroup is closing in on a securitisation deal for a residential solar rooftop project this year, according to a company official. The market is expecting to see solar securitisation transactions either this […]
What to Make of Geothermal’s Numbers
The Geothermal Energy Association’s newest report on global growth is an admirable effort on putting on a happy face — but its numbers tell another story. The association reports, for instance, that […]
BrightSource: The Rumors of Concentrating Solar Power’s Demise Are Wrong
The seemingly endless stream of cars coming out of BrightSource Energy’s 370-megawatt Ivanpah solar power plant complex bolsters the company’s recent declarations about its growth and the progress of the U.S. concentrating […]
Building Wind Energy Can Save Midwestern Consumers $200 Per Year
We’ve all heard that wind energy is too expensive, and that massive investments in wind will drive up electricity rates for consumers. This argument is based on the belief that wind energy […]
OPEC Has Lost the Power to Lower the Price of Oil
There’s been a lot of excitement in the past year over the rise of North American oil production and the promise of increased oil production across the whole of the Americas in […]
Greasing the Wheel: Oil’s Role in the Global Crisis
Between January 2002 and August 2008, the nominal oil price rose from $19.7 to $133.4 a barrel. This led to a large increase in oil revenues for oil exporters and a deterioration […]
Financing Goes ‘Green’
Energy prices and consumption seem to be on an upward trajectory. In fact, energy costs have steadily risen over the last decade and are expected to carry on doing so as consumption […]
Artificial leaf device produces hydrogen in water using only sunlight
Scientists and researchers from the Photovoltaic and Optoelectronic Devices group from the Universitat Jaume I, led by Professor Juan Bisquert, have developed, using nanotechnology, a device with semiconductor materials which generate hydrogen […]
Prometheus Institute 