Washington, D.C. — As part of President Obama’s all-out, all-of-the-above energy strategy, the Energy Department today released a renewable energy resource assessment detailing the potential to develop electric power generation at existing […]
US Geothermal Energy State of the Union, 2011-2012
Why isn’t geothermal a larger part of the U.S. energy mix? “In the last decade, we’ve been rebuilding an industry,” according to Karl Gawell, Executive Director of the Geothermal Energy Association (GEA). […]
Does the U.S. Really Have More Oil than Saudi Arabia?
The Difference Between Oil Shale and Oil-Bearing Shale People are often confused about the overall extent of U.S. oil reserves. Some claim that the U.S. has hundreds of billions or even trillions […]
Daily natural gas and power price differences in Mid-Atlantic region reflect constraints
Geographic price differences for U.S. natural gas and electricity prices can reflect transportation and/or transmission constraints between regional markets. A brief period of cold weather around January 4, 2012 drove increases in […]
A Review of the Citigroup Prediction on US Energy
Gasoline prices remain high, and Reuters recently noted that there are enough countries with civil unrest, technical problems, and bad weather with around a million barrels a day of possible supply that […]
Grid-scale Energy Storage: Lux Predicts $113.5 Billion in Global Demand by 2017
Last month Lux Research released a bottom-up evaluation of the cost effectiveness of eight energy storage technologies in six grid-scale applications throughout 44 countries, including all 50 U.S. states. Their report titled […]
Global Carbon Markets Plummet
The value of the world’s carbon markets declined by 21 percent over the last quarter, despite trading volumes above the historical average, according to analysis from Bloomberg New Energy Finance. Global carbon […]
Solar Leases Attracting New Demographic
WASHINGTON, D.C. — The sun is shining on homeowners in less affluent neighborhoods who are discovering they can afford solar energy after all — by leasing rather than buying the panels on […]
Shale shocked: USGS links ‘remarkable increase’ in earthquakes to fracking
A U.S. Geological Survey USGS team has found that a sharp jump in earthquakes in America’s heartland appears to be linked to oil and natural gas drilling operations.As hydraulic fracturing has exploded […]
Can Wind and Solar Compete Against Natural Gas?
[ED Note: Rhetoric without solid analytic tools, masquerading as economics… Herman is right to question it.] The wind industry is not likely to save its production tax credit (PTC) in time to […]
Prometheus Institute 