Joint Worker Safety Program To Help Sustain U.S. Energy

The deep relationship between the U.S. natural gas and oil industry and America’s building trades unions – the men and women who build much of our country’s energy infrastructure – is getting deeper. In remarks to the annual legislative conference of North America’s Building Trades Unions (NABTU), API President and CEO Jack Gerard announced a new program to join the best practices of the two organizations in a new safety initiative, applicable…

Natural Gas Storage Report Injection Season Week 3 (Week Ending April 20, 2018)

The withdrawals have lasted yet another week. This marks the third week in a row that injection season has seen a withdrawal, and the current pull of 18 Bcf still managed to surpass the market expectation of 12 Bcf. Last year we saw an injection of 71 Bcf and the five year average stands at 60 Bcf. Another unusual withdrawal made the market increase the expiring May contract to as…

If Solar And Wind Are So Cheap, Why Are They Making Electricity So Expensive?

Over the last year, the media have published story after storyafter story about the declining price of solar panels and wind turbines. People who read these stories are understandably left with the impression that the more solar and wind energy we produce, the lower electricity prices will become. And yet that’s not what’s happening. In fact, it’s the opposite. Between 2009 and 2017, the price of solar panels per watt declined by 75 percent while the price…

Natural Gas Storage Report Injection Season Week 2 (Week Ending April 13, 2018)

Week 2 of injection season saw another withdrawal of 36 Bcf, which was higher than the expectation of 23 Bcf.   Last year we saw an injection of 47 Bcf and the five year average stands at 38 Bcf. Today’s withdrawal was way above the expectations of many traders which were in the range of 7-30 Bcf.  The largest withdrawal came from the Midwest region which had a net withdrawal of 18 Bcf.…

Renewable Energy Update – April 2018

Focus Group pursuing floating wind farm off California coast REUTERS – Apr 3 EDP Renewables and four other companies have joined with a Northern California power provider to develop the first U.S. offshore wind farm to boast advanced floating turbines, the group said in a statement on Tuesday. The Redwood Coast Energy Authority (RCEA), a local government authority that provides electricity to most of California’s Humboldt County, solicited bids for…

Natural Gas Storage Report Withdrawal Season Week 22 (Week Ending March 30, 2018)

Week 22 saw a drawdown of 29 Bcf, which was tighter than the Reuters average expectation of 26 Bcf. This year’s number exceeded 2017’s withdrawal of 4 Bcf, as well as the five-year average of 28 Bcf. The market has been bullish since, moving down more than 3 cents. While cooler than average weather continues to create late-season heating-demand, the market remains confident that injection season will refill the depleted…

Renewable Energy Update – March 2018

Focus Lawmakers pass spending bill with funds for clean energy GREENTECH MEDIA – Mar 23 Congress cleared a spending bill last Friday for the 2018 fiscal year that allocates $1.3 trillion. Despite the Trump administration’s requests for drastic cuts, lawmakers set aside increased funds for clean energy programs. In the final text, the Department of Energy received a $3.77 billion boost in funding, bringing the agency’s budget to a total of $34.5…

Natural Gas Storage Report Withdrawal Season Week 21 (Week Ending March 23, 2018)

The second to last week of withdrawal season saw a withdrawal of 63 Bcf. The average expectation, based on a Reuters survey, was 70 Bcf. The withdrawal was tighter than both last year’s 58 and the five-year average of 46. As far as overall storage we now have 32.7% less than last year, and a full 20% less in storage than the five-year average. While this data suggests the bulls…

Trade Secrets: Protecting Clean Energy Technology

In today’s competitive marketplace, it is vital that you have a comprehensive plan in place to protect your intellectual property. While most companies include patents and trademarks as key components of their plan, many overlook the existence, role, and/or value of trade secrets. That mistake can prove costly. Trade secrets are prevalent in the clean energy sector. In the solar industry alone, the United States has secured convictions of several…

Natural Gas Storage Report Withdrawal Season Week 20 (Week Ending March 16, 2018)

Week 20 of the natural gas withdrawal season saw a draw on storage of 86 Bcf. The average expectation, based on the Reuters survey, was a nearly identical 87 Bcf. This year’s week 20 withdrawal was considerably lower than 2017’s 137 Bcf figure, however it was greater than the five year average of 53 Bcf. Exceeding the five year average did not have the impact one might expect, as the…