German renewable energy shift faces headwinds

May 21, 2013

German renewable energy shift faces headwinds

Tense engineers have their eyes peeled on complex color-coded diagrams on a wall-sized screen that makes their control room look like the inside of a spaceship. They work with a power system that would have seemed equally futuristic not so long ago. It is ...

Proposed fracking rules hit by green, oil groups

May 18, 2013

Proposed fracking rules hit by green, oil groups

The Obama administration drew sharp criticism from environmental and oil industry groups Thursday when it issued a new draft of regulations for fracking on federal and Indian lands. Environmental groups said the new draft provides weaker water protections than a version the Interior Department ...

Moniz confirmed as energy secretary

May 18, 2013

Moniz confirmed as energy secretary

Physicist Ernest Moniz won unanimous Senate confirmation Thursday to be the new U.S. energy secretary. Moniz, 68, a professor at the Massachusetts Institute of Technology, replaces Steven Chu, who served as energy secretary in President Barack Obama’s first term. Moniz was an energy undersecretary ...

U.S. production boom transforms global oil trade

May 16, 2013

U.S. production boom transforms global oil trade

The surge in oil production in the U.S. and Canada and shrinking oil consumption in the developed world is transforming the global oil market. The threat of chronic oil shortages is all but gone, U.S. dependence on Middle Eastern oil will continue to dwindle ...

May 4, 2013

China struggles to unlock its huge shale gas potential

In a remote corner of southwestern Sichuan Province, in an area of lush, terraced hillsides, oil exploration teams have been scaling cliffs to lay seismic charges and struggling to move heavy equipment along winding mountain roads. That is where China hopes to find vast ...

Panasonic gets home solar sales lift

Mar 27, 2013

Panasonic gets home solar sales lift

Panasonic Corp. said its solar-panel operation will probably remain profitable amid growing demand from domestic homeowners. Shipments in February reached a record level as the nation’s feed-in-tariff system for electricity triggered demand for rooftop systems, Kazuhiro Yoshida, who heads the business, said in Tokyo ...

Mar 14, 2013

'Setsuden' may return in summer

Companies and households across the country may be asked to cut electricity use again this summer to cope with possible power shortages stemming from the nation’s almost total nuclear power shutdown, a government source said. A set of “setsuden” power-saving measures will be compiled ...

Plan for 10% solar price cut retains incentives for boom

Mar 13, 2013

Plan for 10% solar price cut retains incentives for boom

Japan’s proposal to cut the price paid for solar power by 10 percent leaves in place incentives for a boom in installations this year, the industry’s lobby group said. A committee of experts advising the Ministry of Economy, Trade and Industry recommended Monday that ...