Eclipse failure: how energy traders misread the market badly Grid operators and traders thought they were totally prepped for the historic U.S. solar eclipse. There was just this one thing they didn’t completely factor in: “irregular human-behavior patterns.” That’s the technical definition, from the folks who manage the electricity network at the Arkansas-based Southwest Power … Continue reading Eclipse failure: how energy traders misread the market badly→
Electric Power Creates 5 Percent of Nation’s Jobs, GDP Nearly 2.7 million Americans work directly for the electric power industry while roughly five percent of the nation’s jobs are linked to the sector somehow, according to a new report released this month. The electric power industry altogether contributes about $880 billion annually to U.S. gross … Continue reading Electric Power Creates 5 Percent of Nation’s Jobs, #GDP→
5 Energy Stats That Will Blow You Away Energy is the lifeblood of modern society. Without it we couldn’t power our vehicles or charge our gadgets, keep our medical devices running or our food from spoiling. There’s a reason energy, or a lack thereof, is one of the most terrifying parts of post-apocalyptic zombie films. … Continue reading 5 Energy Stats That Will Blow You Away→
Trump formally establishes infrastructure council, with focus on energy Remember President Trump’s “infrastructure week?” It was overshadowed by James Comey’s Capitol Hill testimony and the administration’s ability to consistently step on its own message. But an executive order published in the Federal Register July 25 outlines how the White House’s new infrastructure council will work … Continue reading Trump formally establishes #infrastructure_council, with focus on energy→
On Energy, Be Careful About Falling In Love Renewable energy and fossil fuel advocates have one thing in common – an unhealthy tendency to fall in love with a particular energy technology. Will nuclear power solve the world’s problems? Are solar and wind the answer to everything? Can natural gas save the day? What about … Continue reading On Energy, Be Careful About Falling In Love→
Second Energy Subcommittee ‘Powering America’ hearing examines wholesale electricity markets The House Subcommittee on Energy recently held its second “Powering America” hearing where representatives heard from all seven Regional Transmission Organizations (RTOs) and Independent Service Operators (ISOs) on the state of wholesale energy markets. “Americans have come to expect that electricity will always be available … Continue reading Second Energy Subcommittee ‘Powering America’ hearing examines wholesale electricity markets→
Inconsistent Energy Laws Complicate Energy Storage Adoption While solar cells have been around in some form since the 1800s, increases in their efficiency were modest and slow until about 2000. Since 2000, the technology has seen rapid increases in efficiency, both at the research and consumer levels, and consistent deceases in cost of approximately 7 … Continue reading Inconsistent Energy Laws Complicate Energy Storage Adoption→
Warren Buffett is building up a ‘recession resistant’ energy powerhouse From California to the Midwest, billionaire investor Warren Buffett is steadily building an energy powerhouse. Buffett’s Berkshire Hathaway Energy subsidiary has gobbled up utilities and natural gas pipelines and tapped into clean energy production, including from Southern California’s abundant geothermal resources. The latest move by … Continue reading #Warren_Buffett is building up a ‘recession resistant’ energy powerhouse→
A Guide to Blockchain and Energy Over the last 18 months, blockchain has evolved from an obscure concept in cryptocurrency circles into a mainstream corporate tool for “disrupting” entire industries. If you don’t have a blockchain strategy, you are not innovating hard enough. People love throwing around the term. But wait, what is it again? … Continue reading A Guide to Blockchain and Energy→
Elliott Hedge Fund Seeks to Challenge Buffett’s Bid for Energy Company The hedge fund Elliott Management is hoping to block Warren E. Buffett’s $9 billion takeover bid for Energy Future Holdings, the bankrupt Texas power giant, by working on an even higher offer. Elliott, the biggest creditor to Energy Future, on Monday published correspondence with … Continue reading #Elliott Hedge Fund Seeks to Challenge #Buffett ’s Bid for Energy Company→
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