German Chancellor Angela Merkel warned on Thursday time was of the essence if Germany was to realise a shift to renewable energy, while her environment minister vowed to make energy-intensive companies contribute […]
Wind industry installs almost 5,300 MW of capacity in December
Approximately 40% of the total 2012 wind capacity additions (12,620 MW) came online in December, just before the scheduled expiration of the wind production tax credit (PTC). During December 2012, 59 new […]
A New Path on Emissions
In his second inaugural address, President Obama promised to take on climate change as a priority in his second term. “We will respond to the threat of climate change, knowing that failure […]
What are natural gas liquids and how are they used?
Natural gas liquids (NGLs) are hydrocarbons—in the same family of molecules as natural gas and crude oil, composed exclusively of carbon and hydrogen. Ethane, propane, butane, isobutane, and pentane are all NGLs […]
The most important chart in energy
There’s a chart you’ve never heard of that perfectly represents how inefficient the power grid is and how much we need more distributed energy solutions. Agencies responsible for the reliability of the […]
Solar Financing Explained
Equipment leasing has been used for much of the last century by airlines, railroads, utilities, oil and gas developers and other industries as a way to finance expensive equipment. Indeed, equipment leases […]
Shale Gas May Upset the World Order
Shale gas reserves around the world are distributed much more evenly than oil deposits. In fact, the most notable thing about shale reserves is that they are plentiful in the two biggest […]
2012 Brief: Average wholesale natural gas prices fell 31% in 2012
Average wholesale (spot) prices for natural gas fell significantly throughout the United States in 2012 compared to 2011. The average wholesale price for natural gas at Henry Hub in Erath, Louisiana, a […]
Hobbled on Energy, India Ponders a Multitude of Dams
As we noted here last week, over 600 million people lost power in India last summer, setting a modern record for the number of people affected by a blackout. Well before that, […]
Driven by Oil Shale Economics, Natural Gas Prices Primed for Slow and Steady Rise
Much has been written about the Marcellus shales, the largest shale gas field in the US. The rapid drilling program has been responsible for a supply glut, which drove spot prices down […]
Prometheus Institute 