The modern energy marketplace is changing. Energy costs as a percent of cost of manufactured goods fell by 11% between 2006 and 2010, according to the US Energy Information Agency (EIA), and those prices have continued to fall.
Amid warnings from business groups and car manufacturers about using higher concentrations of ethanol in gasoline, a Missouri Senate committee considered Thursday whether to permanently block a proposal allowing gas stations to sell fuel containing 15 percent ethanol.
The prize winner would have to be able to show they could economically capture carbon emissions at a working power plant. They also would have to be able to put the carbon to a use that could defray the cost of keeping the greenhouse gas out of the atmosphere.
Energy management, process efficiency and incorporating more sustainable procedures are critical for maintaining a competitive edge in today’s markets. Indeed, the need for streamlining energy usage and providing creative solutions for sustainability issues has never been stronger.
A subsidiary of General Electric has agreed to pay $2.7 million to resolve claims its employees made false statements to the U.S. Department of Energy and Nuclear Regulatory Commission about a reactor component.
Amid a few newsworthy derailments of trains carrying crude oil, energy companies and the public alike are concerned about the future of the U.S. rail infrastructure and what can be done in the near future to mitigate potentially serious and deadly incidents.
Over the past generation, energy has been a defining issue of our economy. Fluctuations in price and availability of energy have a significant impact on corporate profitability, and the unpredictability of the energy markets are a common source of worry for corporate leaders who have to manage energy supplies.
Leaders gathered in the Swiss ski resort of Davos have made it a top priority to push to reshape the global economy and cut global warming by shifting to cleaner energy sources. U.N. climate chief Christiana Figueres says the world economy is at risk unless a binding climate deal is agreed in Paris in 2015 to lower heat-trapping carbon emissions from coal and oil.
The Spud Gunn is 198 feet tall when standing. It is made of stainless steel and weighs 261 tons. It has almost nothing to do with spuds or guns — its true purpose is separating methane from other natural gases — but it was made in Idaho and slightly resembles one of those plastic devices teenage boys use to launch potatoes into the air, thus the name.
Pacific Gas & Electric Co. expects 800,000 electric vehicles to be on state roads by 2020 — there are only 20,000 now — creating a high demand for charging stations. Currently, there are about 5,000 public and workplace charging stations in California and 20,000 nationwide.
Texas' oil and gas regulator has opened a new investigation into allegations that methane is contaminating North Texas water after residents complained that independent sampling by university researchers revealed high levels of the explosive gas in their residential wells, the state agency and scientists said.
Aircraft maker Boeing Co., Etihad Airways, the oil company Total and others say they will work together on a program to develop an aviation biofuel industry in the United Arab Emirates. Boeing says in a news release Sunday that the program will involve research and development and investments in production of fuels derived from plants that can power aircraft.
The costs and challenges associated with electronic asset failures are significant. To better understand these issues, Innovolt® Inc. sponsored a survey of executives from several industries that are particularly dependent upon the reliability, performance, and lifespan of sensitive electronic equipment.
The Energy Department issued its 25-page approval of the $1.65 billion plan that would refit a coal-fired power plant in Meredosia in western Illinois. The project would remove carbon dioxide from the coal and store it underground. The greenhouse gas is linked to climate change.
Our #2 pick is AquaTech, which has 32 years of experience with industrial waste water treatment and is located at the heart of the Marcellus Shale region. The company was one of the first in the area to develop mobile water treatment facilities which lower costs and reduce the risk of transporting contaminated water. AquaTech is also expanding its manufacturing space as well as dedicating a company division to the shale industry.
International climate negotiators agreed at the 2009 U.N. climate change conference in Copenhagen that global warming this century shouldn't increase by more than 2 degrees Celsius to avoid the worst impacts of climate change. According to the International Energy Agency, $36 trillion of global investment will be needed in clean energy by 2050 to meet this goal.
Oil giant BP forecasts world demand for energy to grow by 41 percent by 2035, driven by growing consumption in the booming economies of China and India. That represents a drop from 55 percent growth in the previous period, and BP says the growing use of renewable energy will help energy suppliers meet the world's needs.
Officials say National Instruments has joined the Commonwealth Center for Advanced Manufacturing as its 17th industry member. The Texas company helps engineers and scientists develop innovations and solutions for energy, aerospace, automotive and other industries. It serves 35,000 companies worldwide.
Google today announced that it has finalized an agreement to invest $75 million in the Panhandle 2 wind farm, which will be located outside of Amarillo, Texas. Pattern Energy Group LP will develop the 182MW facility, which generates enough electricity to power 56,000 U.S. homes.
U.S. import prices recorded no change in December, the U.S. Bureau of Labor Statistics reported today, following declines of 0.9 percent in November and 0.6 percent in October. In December, higher fuel prices offset declining nonfuel prices. U.S. export prices advanced 0.4 percent in December, after edging up 0.1 percent the previous month.
Finding solutions for safely dealing with contaminated water and having enough usable water to drill new wells is crucial for the oil and gas industry. It has booming in recent years due to new methods of hydraulic fracturing — or fracking — a method that uses millions of gallons of chemical-laced water to crack thick layers of underground rock so fossil fuels can flow out.
Power is the lifeblood of manufacturing. However, the integration of sensitive electronics into most logic assemblies has made the circuitry (and therefore productivity) of the equipment that drives industrial automation much more susceptible to power quality fluctuations.
After environmentalists, lawmakers and the oil industry got together last year to draft Illinois' first regulations for hydraulic fracturing, the rest was supposed to be easy. The unusual collaboration was praised as a potential model for other states and a rare example of political foes finding common ground on a complex issue.
Despite a continuing array of technologies being developed in the EU, and some pretty substantial assists from national and regional authorities in terms of supporting commercial-scale in Canada, the EU and Australia, the hot markets will continue to be in Asia, the US and Brazil.
The indictment in December alleges that the CEO received millions of dollars in deposits from investors to build and operate plants in Slovenia, India and Canada. Instead, the indictment alleges, he spent that money, using a $1 million for a home in Kennewick and $65,000 for furnishings and other personal expenses.