Power & Utilities

EPA Launches 2013 Energy Star National Building Competition

3,200 buildings are competing for Energy Star recognition in EPA’s 2013 National Building Competition. On August 20, 2013, the Environmental Protection Agency (EPA) launched the fourth annual Energy Star National Building Competition to promote energy efficiency in commercial buildings.  The 2013 competition has more than 3,200 participants – compared to just 14 participants in 2010 –…...

MIT Researchers Unveil Innovative Battery Prototype

MIT researchers have devised a membrane-free rechargeable battery prototype that could facilitate cheaper, large-scale energy storage and support widespread renewable energy use. On August 16, 2013, researchers at the Massachusetts Institute of Technology (MIT) unveiled a membrane-free rechargeable flow battery prototype capable of overcoming the major barriers of energy storage – cost and performance –…...

DOE Announces Innovative Energy Efficiency Projects

DOE will fund 12 projects to develop energy efficiency building technologies including open source software to monitor and adjust energy use. On August 14, 2013, The Department of Energy (DOE) announced 12 projects to enhance energy savings in residential and commercial buildings.  DOE’s approximately $11 million investment will pair with $1 million private sector funding…...

White House Report Calls For Increased Electric Grid Resilience

A White House and DOE report calls for investments to increase the nation’s electric grid resilience and outlines strategies for grid modernization. On August 12, 2013, the White House Council of Economic Advisors and the Department of Energy (DOE) released a report emphasizing the importance of grid resilience for climate adaptation.  The report, titled “Economic…...

Senate Unanimously Approves Hydropower Bills

Two hydropower bills were unanimously passed by the Senate to facilitate streamlined regulatory processes for hydroelectric projects. On August 1, 2013, the Senate unanimously approved two bills  aimed at streamlining the regulatory processes for selected hydropower projects. Both the Hydropower Regulatory Efficiency Act (H.R. 267) and the Bureau of Reclamation Small Conduit Hydropower Development and Rural Jobs…...

JPMorgan Agrees to $410 Million Fine for Electricity Market Manipulation

JPMorgan Chase & Co. has accepted a $410 million penalty to settle accusations of electricity market manipulations in California and the Midwest. On July 30, 2013, the Federal Energy Regulatory Commission (FERC) issued an order approving stipulation and consent agreement that requires JPMorgan Ventures Energy Corporation (JPMVEC) to settle allegations of electricity market manipulation in…...