With the economy slowly but steadily improving, the energy industry is experiencing a rebound in confidence and financial stability. This is according to BDO USA LLP's annual survey of 100 U.S. oil and gas chief financial officers.
A growing number of DC power technologies minimize AC/DC conversions and reduce associated losses, and the use of direct current (DC) power in buildings is expanding, driven by the growing reliance on renewable energy sources, as well as increased demand for advanced energy storage devices energy efficiency within commercial buildings. Deployed at the level of a single building or microgrid, DC power distribution can reduce the number of required conversions between alternating current (AC) and DC power, thereby increasing overall building energy efficiency.
For the second month in a row, gas-fired generation gained ground on coal compared to the previous year, according to Genscape who offers U.S. power plant fuel consumption overviews for coal, gas, hydro, wind, nuclear and oil.
Is the promise of a Monterey Shale boom a myth? The Post Carbon Institute (PCI) and Physicians, Scientists & Engineers for Healthy Energy (PSE) say they have "compelling evidence" that it is. PCI and PSE's research challenges the estimates of technically recoverable resources for the Monterey Shale released by the U.S. Energy Information Agency (EIA) and INTEK in their 2011 report, as well as the economic projections from the University of Southern California (USC) in their 2013 economic study upon which the Monterey shale optimism has been based.
Solar electricity will reach cost parity in 10 major regions, accelerating adoption without subsidies, and will even benefit from abundant natural gas. That is according to Lux Research. Unsubsidized utility-scale solar electricity will become cost-competitive with gas by 2025, the research says, and increased gas penetration will actually benefit solar by enabling hybrid gas/solar technologies that can accelerate adoption and increase intermittent renewable penetration without expensive infrastructure improvements.
Solar financing and other non-hardware costs (soft costs) now comprise up to 64 percent of the total price of residential solar energy systems, reflecting how soft costs are becoming an increasingly larger fraction of the cost of installing solar, according to research from the U.S. Department of Energy's National Renewable Energy Laboratory (NREL).
The need for data centers to improve their energy efficiency while meeting an ever-growing demand for IT capacity is driving rapid growth in the market for data center infrastructure management (DCIM). DCIM-- the software, systems, and services that monitor, measure, and help control a data center's IT and facilities infrastructure-- is becoming a must-have technology for managing the complexities of the modern data center.
Nearly four in five Colorado voters (78 percent) support solar net metering, a renewable energy policy that gives rooftop solar customers full retail credit for the excess energy they put back on the grid for the utility to sell, according to a new poll from the bipartisan research team of Public Opinion Strategies and Keating Research. The majority of the poll's respondents are against Xcel's proposal to change this policy.
The adoption of smart grid is contributing to the growth of the global smart housing market and the availability of self-help smart home applications, according to Infinity Research.
Over the next decade, smart grid infrastructure investment by 45 emerging market countries, including Brazil, Russia, India, China and South Africa, will reach $274.9 billion-- outpacing even developed countries.