Forecast: Rising electric demand to tighten Texas power reserve
A new report projects that demand for electric power in Texas will exceed generation capacity during peak periods by 2022–a slight improvement from an earlier projection of “negative reserve margin” by 2020. More »
Businesses reducing energy by 25 percent as recession lingers
Businesses are reducing their energy consumption up to 25 percent in response to the recession, according to a Deloitte & Touche survey released today. More »
Matagorda County coal plant developer fights new EPA rules
Analysts predicted early retirement for some coal-fired power plants when the Environmental Protection Agency issued new limits on emissions of mercury and other toxic pollutants last year. More »
Steffy: Electricity prices are going up – just ask Alice
It’s a riddle the Mad Hatter would love: Natural gas prices fall to a decade low. Electricity prices in Texas are pegged to natural gas prices. So what happens to electricity prices? More »
Survey: Shale driving optimism in oil and gas industry
A survey of energy executives by audit and advisory firm KPMG found most respondents see the U.S. reaching energy independence by 2050. More »
ERCOT looking for ways to keep lights for the summer, future
As the warm Texas summer months loom, the Electric Reliability Council of Texas is searching for ways to keep the lights on through this summer and in the future. More »
OPEC boosts oil production for seventh month on Iraq
OPEC boosted crude production for a seventh month in April as Iraq, Nigeria and Libya raised output, according to the International Energy Agency. More »
Romney says Obama has failed on energy policy
Republican Mitt Romney says President Barack Obama claiming credit for increased American energy production is akin to Romney saying he was responsible for the Red Sox winning the World Series when he was Massachusetts governor. More »
U.K. to pursue electricity-market law to boost low-carbon plants
The U.K. plans to overhaul its electricity market as the government seeks to prevent spikes in natural-gas prices and spur investment in lower-emitting technologies. More »
Record gas use by U.S. utilities fails to drive up price
U.S. utilities led by Southern Co. (SO) are burning a record amount of natural gas for generating electricity without triggering a forecasted boost to the fuel’s price from near 10-year lows. More »
Chu says efficiency rules could cut need for power plants
U.S. Energy Secretary Steven Chu said tightening efficiency rules on appliances and industry could eliminate the need to build 200 new power stations. More »
Republicans say ‘all of the above’ not enough
Nothing sticks in Republicans’ craws quite like President Barack Obama’s claim that oil production has increased during his administration — except maybe his adoption of the phrase “all of the above” to describe his energy philosophy. More »
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