ENERGY STORAGE
U.S. and China have committed to take cooperative action to combat climate change using practical emissions reduction measures and low-carbon initiatives, setting a powerful example to the rest of the world. On April 13, 2013, the U.S. State Department announced the U.S. and China will launch a Climate Change Working Group, recognizing the need for…...
In his FY 2014 budget proposal, President Obama increases spending on clean energy development, seeking to expedite R&D and boost cost-competitiveness and deployment of clean energy technologies. President Barack Obama’s FY2014 budget plan released on April 10, 2013, proposes increases in spending for clean energy production and deployment. The budget aims to support cost-competitiveness…...
President Obama’s proposed Energy Security Trust would divert revenue from federal oil and gas development to fund research and development of alternative transportation fuel technologies. During a speech at the Argonne National Laboratory in Illinois on March 15, President Barack Obama revealed a proposal to set aside $2 billion for the Energy Security Trust, a…...
A recent report from the Bipartisan Policy Center outlines common ground energy policy recommendations that build on energy abundance and efficiency accomplishments of the U.S. On February 27, 2013, the Bipartisan Policy Center (BPC) released a report proposing a set of recommendations intended to serve as a blueprint for establishing strong and diverse energy resource portfolios…....
Chief executives of leading U.S. companies released a report outlining recommendations for a comprehensive energy policy framework that would capitalize on the nation’s strengths to enhance self-sufficiency, economic growth, and environmental stewardship. On February 25, 2013, Business Roundtable, a national association of corporate executives, released a report outlining recommendations to devise a comprehensive energy policy…...
President Obama outlined bold actions to combat climate change, elaborating on his inaugural vow to address the issue. Obama further pledged to use his executive power to tackle climate change challenges if Congress denied action. At his State of the Union (SOTU) speech on February 12, 2013, President Obama cast a bold vision on climate change…...
Divided opinions over climate change issues delayed approval of the draft oversight plan in the House Energy and Commerce Committee. Democrats called to amend the draft plan to hold hearings on climate change science, an issue that Republicans have long opposed. On February 6, 2013, democrats in the House Energy and Commerce Committee introduced a…...
As part of the state’s 2013 energy package, New York Governor Andrew Cuomo proposed a $1 billion “Green Bank” to draw in private sector money and spark investment in clean energy projects. The Governor also named a “Cabinet-Level Energy Czar” to advance cleantech strategies. The announcements are a step forward to promote renewable energy development…...
With the election over, President Obama’s energy priorities will emerge as new rules and regulations are finalized under existing law. The balance of power in Washington is the same as it was prior to the elections– President Barack Obama will serve another four years and Congress will continue to be divided with a Democrat-controlled Senate…...
Under President Obama’s second term, energy industry officials and analysts are keen on the Administration’s priorities for the energy sector, envisioning regulatory reforms and policies to advance the nation’s energy and economic security. Key areas to watch include Keystone XL Pipeline talks, recognizing the primacy of states in regulating oil and natural gas development, and…...
Sequestration refers to a package of automatic $1.2 trillion across-the-board spending cuts that is a part of the 2011 Budget Control Act (BCA), passed in August 2011. The spending cuts would affect some 1200 government programs, including those that fund energy research and development initiatives. The cuts are scheduled to begin on January 2, 2013…...
Ocean Power Technologies, a New Jersey-based renewable energy company, announced on August 20, 2012 that the Federal Energy Regulatory Commission (FERC) issued a license for its 1.5 MW Reedsport wave energy park, the first of its kind in the U.S. The 35-year license approves the operation of up to 10 devices that can generate wave…...
