Power & Utilities
The revised Master Limited Partnerships Parity Act would allow renewable energy projects to access financing and tax advantages that are currently available only to fossil fuel energy projects. On April 24, 2013, a group led by Sen. Chris Coons (D-Del.) introduced an expanded version of the Master Limited Partnerships Parity Act introduced in 2012 to…...
New York State approved a privately funded power transmission line to supply 1,000 MW of Canadian hydropower to New York City. On April 18, 2013, the New York State Public Service Commission (PSC) approved the Champlain Hudson Power Express, a $2.2 billion transmission line project that would supply 1,000 MW of clean power to New…...
An updated bipartisan energy efficiency bill aims to overcome Congressional barriers to drive energy efficiency in buildings and industrial facilities, and ensure adoption of efficiency measures by the government. On April 18, 2013, Sen. Jeanne Shaheen (D-NH) and Rob Portman (R-OH) revealed an updated version the Energy Savings and Industrial Competitiveness Act (S 1000). First…...
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…...
In his Saturday Keynote speech at the 2013 MIT Energy Conference, Bill Richardson, former Governor of New Mexico, stressed the importance of connecting science and politics to fill the climate change knowledge gap, and proposed a macro-regional American collaboration to promote energy innovation and renewable energy diffusion. In the presence of recently appointed energy secretary Dr. Ernest Moniz, MIT…...
On Friday, March 1st, 2013, NRG Energy President & CEO David Crane took the stage at the MIT Energy Conference to offer the Friday Keynote Address to a packed theater. MIT Energy Initiative Executive Director Melanie Kenderdine moderated the Friday Keynote in a one-on-one Davos-style conversational interview. In it, she asked Crane to offer his…...
At the 2013 MIT Energy Conference opening plenary panel, a group of energy industry experts explored opportunities of innovation in the present political and economic scenario. From the two oil price shocks in the 70s to increasingly frequent superstorms, the energy industry has shown a great capacity of innovation during periods of crises. In times of…...
Panelists: Lena Hansen, Principal at Next Generation Electricity Initiative, Rocky Mountain Institute; Bruce Braine, VP, Strategic Policy Analysis at American Electric Power; Terry Boston, President and CEO at PJM; Brendan Endicott, Director of Advanced Demand Response at EnerNOC. Moderated by Dr. Richard Schmalensee, Howard W. Johnson Professor of Management, Emeritus, MIT Professor of Economics At…...
At a well-attended 2013 MIT Energy Conference, an expert panel explored the “big picture” questions surrounding climate change, providing updated insights on pros and cons of available actions. While Sandy has made clear the critical state of the environment – more so than 4 years worth of IPCC reports, notes Dr. Kerry Emanuel (Professor of…...
In the last 20 years, energy innovation has become a global process in terms of education, finance, technology, and markets. At the 2013 MIT Energy Conference a panel of experts discussed pros and cons of innovative energy solutions in emerging markets. Emerging markets provide attractive opportunities for innovative energy systems. The competitive advantage of renewable…...
