In This Issue
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SOME SURPRISING WINNERSIN THE REBOUNDING STOCK MARKET of 2010, the energy sector couldn't keep pace with the 11 percent rise in the Dow Jones Industrial Average. Depending on your yardstick, the Dow Jones Utility Index rose 1 percent and the Morningstar Utility Index increased 7 percent, so utility stocks underperformed the market as a whole. Yet certain regional, mid-cap energy stocks shined.SNL Energy, a financial...
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GOOGLE ENERGY GURU FOCUSES ON FINANCE AND POLICYDAN REICHER WAS FRONT and center during several hugely visible energy deals announced by Google. Among them was a recent plan to build a revolutionary transmission line in the Atlantic to jump-start offshore wind generation.Now Reicher is headed back to school - specifically, Stanford University, where he will become the executive director of the Steyer-Taylor Center for Energy Policy and Finance...1
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Rivals Seek Global Economic Dominance
GREEN ENERGY, WHICH THE OBAMA ADMINISTRATION hailed as the solution to American unemployment, may instead become the battleground of a new trade war.And the fighting may take place not only in rapidly growing emerging markets like China and India, but also in the U.S. market itself - still the biggest market for renewable energy and the one most open to foreign competitors that often benefit from...3 -
The End of an Era
JUST FIVE YEARS AGO, FEW WITHIN THE INDUSTRY believed that coal's reign as the primary fuel source for U.S. electric power generation would come to an end in their lifetime. In 2006, 19 new coal projects were under construction and coal fueled approximately 50 percent of all U.S. power generation. Although coal will likely remain the primary fuel source for the next 10 years, its market share has...2 -
SPURRING ECONOMIC GROWTH AND JOB CREATIONBEFORE EASING LAST YEAR, THE GROWTH OF AMERICA'S renewable energy industry was a bright spot in the national economy. In fact, according to the United Nations' "Renewable 2010 Global Status Report," of all the new energy capacity installed in 2009 in the United States, 50 percent came from renewables.Wind energy has had a significant role in the green energy expansion. Thirty-seven states now...
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REINJECTION PLAN IRKS EXXONA NEW OPERATION IN WESTERN Wyoming will extract helium and methane and reinject waste gas composed primarily of carbon dioxide back into Riley Ridge Federal Unit, cutting potential greenhouse gas emissions to a fraction.New technology from Cimarex Energy will come online in the fall as the U.S. Environmental Protection Agency is requiring companies to both monitor and report emissions of carbon...
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THE ENERGY TRADE BATTLE SHAPES UPIN THE COURSE OF CHINA'S PRESIDENT HU JINTAO'S recent visit to Washington, there was much talk of opening China's market to the exports of American hightechnology goods and services, especially including green technology products.It sounded logical and, of course, it was soothing to Americans to be pictured as the quintessential makers and exporters of high- and green-tech goods and services. But...3
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BOOSTING CARBON CAPTURE AND STORAGEACCORDING TO THE ENERGY INFORMATION AGENCY, annual global energy-related CO2 emissions have reached 31 billion metric tons. This increase in atmospheric greenhouse gas is considered by many scientists to be a contributing factor in global climate change. Last year, the United States emitted about 5,800 million metric tons of CO2, and if left uncontrolled, it is estimated the United States will...1
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TEN LEADERS IN A MALE WORLDTHE TOP WOMEN EXECUTIVES AT ENERGY COMPANIES ARE eager to count the reasons they love their jobs.They're bringing to the public an essential product - energy, and that feels good, they say. What's more, the industry is constantly changing, so no two days on the job are alike. With each new problem solved, a new one arises. And when these women plan and execute a project - a power plant, for...
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BIGGER AND DEEPEREVEN BEFORE THE FIRST OFFSHORE WIND TURBINE IS planted along the coast of North America, a Rhode Island developer has embraced the latest European model for seaborne energy development.Deepwater Wind has been developing plans for several years for a Rhode Island wind farm that would total about 200 megawatts. Those plans were radically altered with the announcement made late last year of the...2
