Slowing productivity growth in the United States has been in the news in recent months. It has become a concern to policymakers because they believe it is one of the primary contributors […]
Graphs of the Day: The big boom in solar PV is yet to come
Boom in solar PV has been one of most defining developments in energy industry in past five years. But it has only scratched the surface. via Renew Economy http://ift.tt/1K7rFEA
NRG Energy charges ahead with green strategy
NRG Energy CEO David Crane foresees a day not so far off when new technologies like rooftop solar and batteries will turn the electric power industry upside down, and NRG is moving […]
Graph of the Day: How utilities see themselves in 2030
PwC survey finds that utilities are finally waking up to the threat of changed energy business models. via Renew Economy http://ift.tt/1Gooh9m
Low crude oil prices, increased gasoline demand lead to high refiner margins
Gasoline crack spreads in the United States, especially on the U.S. East Coast, have reached several-year highs in recent months. Crack spreads, which reflect the difference between wholesale product prices and crude […]
OPEC Struggling To Keep Up The Pace In Oil Price War
Some market watchers, such as Cornerstone Analytics (CA), have consistently stated that the underestimation of demand, coupled with over-estimation of supply, will mask the growing call on OPEC oil in the second […]
Many American Coal Producers Are on the Brink of Bankruptcy
Most major American coal producers are highly leveraged, primarily due to ill-timed expensive acquisitions made in 2011, when the coal market was booming. via Market Realist http://ift.tt/1EVP73o
In Midst Of Oil Boom, Perhaps U.S. Should Look To Another Fuel: Methanol
American energy executives and policymakers are basking in the country’s newfound oil production clout. They’re reveling in the comeback story, written by improved techniques for shale oil and gas extraction, that have […]
Origin: How wind and solar will eat market of baseload coal
Origin Energy says solar, wind lowering the case for baseload generation, as wholesale prices stay low and demand is eroded by rooftop solar growth. via Renew Economy http://ift.tt/1JSlWm4
Fossil fuels subsidies cost world $5.3 trillion a year – $10m a minute
The IMF has more than doubled its estimate of global fossil fuel subsidies to $US5.3trn/year. More than the health spending of all the world’s governments. via Renew Economy http://ift.tt/1IIqf6c