Recently, the Interior Department (DOI) and the Bureau of Ocean Energy Management (BOEM) announced their third auction for offshore wind projects, this time off the cost of Maryland. The area for sale spans roughly 80,000 acres about 10-30 miles offshore from Ocean City with the potential of 850 to 1,450 MW of wind power capacity, […]
Hydrogen-fueled cars are taking another step away from being cars of the future, inching towards a present day that might soon arrive. Just last month, three manufacturers exhibited fuel-cell powered cars at both the LA and Tokyo Auto Shows. Toyota, Honda and Hyundai all unveiled new fuel-cell vehicles (FCV). John Krafcik, chief executive of Hyundai […]
So there I was, riding along at 675 mph on a Gulfstream G550 at 30,000 feet, sipping on a Diet Coke and eating Cheez-its, when Boone Pickens leans over and asks me, “What do you think my plan’s chances are in D.C.?” True story. It was July 2009, and legendary oilman T. Boone Pickens had […]
If you like the higher premiums and deductibles that many astonished Americans are discovering come with the implementation of the Affordable Care Act – a.k.a. Obamacare – you’ll absolutely love your power bill if/when the Obama Administration’s Europe-inspired energy policies ever take effect.
Beware the traveling salesman selling magic elixir from the trunk of his car. Congress should have taken heed of that back in 2007 before they passed the Energy Independence and Security Act. Among other things, the EISA sent the nation’s corn farmers on an unprecedented and environmentally dubious planting binge. It also enticed some big […]
Let’s make no bones about it: The fossil fuel industry recognizes that major forces at play – namely the onset and rapid deployment of renewable and other alternative energy sources – pose an existential threat. This enormously powerful industry is using all the weapons at its disposal and battling on several fronts.
When you have a hot product that people are buying lots of, you want to try and sell as much as you can while the getting is good. That is clearly the case with natural gas right now, which at historically low prices is enjoying unprecedented success. No wonder then that suppliers are trying to […]
A beloved and respected college professor in the late 1970s, who had split his time in the 1960s between covering the civil rights movement in the South and the Lyndon Johnson Whitehouse for the New York Times, regularly warned all of us would-be journalists against the devices of “all-knowing, all-seeing, but unseen editors in their […]
Clearly, as we make our way towards a renewable energy future in which we’ll be taking advantage of these free inexhaustible sources, we’ll need to solve the energy storage problem with a cost effective solution. It’s anybody’s guess at this point as to which horse will win that race. The finish line, at least for […]
We’ve all heard that “money talks” and “actions speak louder than words.” So when big money takes action regarding future investments, we are wise to pay attention. That exactly what happened recently when the French utility giant EDF decided to divest its share in the three American nuclear power plants owned by its Constellation Energy […]