West Texas Intermediate at Cushing, Oklahoma (WTI Cushing), a light, sweet crude grade, is North America’s most closely observed crude oil price benchmark and the underlying commodity of the NYMEX crude futures […]
In 2004, humanity used 471 EJ of energy2, and while the relative proportion of each contributing energy source has remained modestly constant, it is clear that at a rise to 504 EJ […]
The housing stock in the United States could support significant numbers of plug-in electric vehicles. Of households that own at least one car, an estimated 49% (49.6 million housing units) park within […]
One of oil’s most important characteristics is its fungibility, which means that a barrel of refined oil from Texas is equivalent to one from Saudi Arabia or Nigeria or anywhere else in […]
It won’t be cheap, or easy. But it’s technically feasible for the United States to get 80 percent of its electricity from renewable sources by 2050, according to a new report from […]
Along with the emergence of three distinct ownership models (customer-owned, third-party-owned, and utility-owned), the U.S. photovoltaic (PV) market has grown, over the last ten years, at an average annual rate of approximately […]
Under certain conditions, electric generators in regional transmission organizations (RTOs) actually pay to produce power as reflected in a price below zero. This situation can arise because some types of generators, such […]
There are about 200 million solar water heating (SWH) systems in the world. There are about one million systems in the U.S. Year-on-year numbers, even during the recession, showed SWH to be […]
Accurate pre-construction assessments are critical to securing project financing and ensuring investor confidence. However, North America’s wind power industry has developed a reputation for producing energy below levels predicted by pre-construction wind […]
Europe’s emissions trading scheme has failed to create incentives for utilities to use cleaner energy fuels, meaning that governments will have to switch to simpler tools, such as subsidies and regulation, to […]
Prometheus Institute 