IKEA’s owner acquires solar parks in Texas

The Misae solar project in Texas is expected to produce enough electricity to power 50 IKEA Stores

North Dakotan Senator calls for embargo on Russia and OPEC oil

Riyadh, Moscow and Abu Dhabi have vowed to boost oil production as of 1st April, when the current OPEC agreement to curb oil production expires

America supercharges its share of the global power generation market

Large numbers of professionals working in power generation in the UK and Europe are being enticed across the pond.

US invests $21m in innovative solar desalination technologies

The investment will focus on expanding access to freshwater in remote areas

Green technologies ‘accelerating in US marketplace’

Clean energy technologies are accelerating in the US. That’s according a to new report which was launched by Energy Secretary Ernest Moniz. It shows a dramatic increase in deployment and a decrease in cost of four “transformational technologies”: wind turbines, solar technologies, electric vehicles (EVs) and LEDs. The report states between 2008 and 2014, onshore wind […]

US CCS industry ‘needs financial incentives’

Financial incentives are needed for the US to deploy carbon capture and storage technologies (CCS). That’s according to a report by National Coal Council (NCC) for US Secretary of Energy Ernest Moniz who requested it in advance of the upcoming COP21 conference. The NCC advises the US Energy Secretary on matters related to coal policy and technology. The […]

Talen Energy sells 400MW power plant

US power producer Talen Energy has sold a 399MW coal-fired power plant. It has been bought by an affiliate of Avenue Capital Group. The sale is part of a requirement to divest certain assets in Maryland to comply with a legal order when Talen Energy was established earlier this year. The asset sales to date now total […]

US cancels Arctic oil drilling leases

The US plans to cancel two Arctic leases for potential oil and gas exploration. They were scheduled under a five-year programme for 2012-2017. The call off is due to “current market conditions” and “low industry interest”, according to the government. The decision follows Shell’s “disappointing” exploration results at the Burger prospect in the Chukchi Sea. The […]

Energy firm wins Canadian import-export licence

An energy company in canada has been issued licences to import and export natural gas. The National Energy Board of Canada approved Pieridae Energy’s application last week. The natural gas imported from the US and supplied from Canadian sources will be processed at the proposed Goldboro liquified natural gas (LNG) facility. The company will also […]

Obama’s Clean Power Plan ‘will raise energy bills’

The US President’s plan to tackle climate change will “raise consumer costs yet fail to lower the Earth’s temperature”. That’s according to the Partnership for Affordable Clean Energy (PACE) in response to the Clean Power Plan launched yesterday. It set out the country’s first ever national standards to limit carbon pollution from power plants. PACE said: “While this […]