Direct Energy Business
Market Data For Your Home Contact Us

Direct Links to the Week's Top Stories in Energy

read | Share:

From major reports to new policies and investments rolled out by the White House, it's been a busy week in energy. 

We've tracked down and rounded up some of the week's top energy stories. 

Here are the articles that caught our eye. 

Harvard Business Review: It's Time for Companies to Be Strategic About Energy

In many of the most sophisticated manufacturing and technology companies with top-tier operational practices, energy has been mostly treated as a cost line item and rarely monitored. But, how a company manages its energy use and carbon footprint is becoming a major operational issue — and equally important to regulators, customers, employees and investors.

Greentech Media: Energy Storage Gets Some Love from the White House

On Thursday, the Obama administration unveiled a range of new policies, investments and project commitments to support 1.3 gigawatts of additional storage procurement or deployment over the next five years and $1 billion in energy storage investment. According to the plan, storage will help combat climate change and modernize the electricity grid by easing the integration of renewable energy sources and creating resilient backup systems.

Bloomberg New Energy Finance: New Energy Outlook 2016

Bloomberg New Energy Finance has released its latest New Energy Outlook. According to the report, zero-emission energy sources will make up 60 percent of installed capacity by 2040. Wind and solar are expected to account for 64 percent of the 8.6 terawatts (TW) of new power generating capacity added worldwide over the next 25 years.

Utility Dive/EIA: Efficiency Will Slow Electricity Sales Growth Through 2040

According to a new analysis, the EIA projects electricity sales will rise 0.7 percent annually through 2040, with growth slowed by a decline in energy intensity. In the commercial sector, sales will increase at an average annual rate of 0.8 percent from 2015 to 2040, as floor space increases 1.1 percent annually. Industrial sales will rise 1.1 percent each year, from 1 trillion kWh in 2015 to 1.2 trillion kWh in 2040. In both sectors, consumption growth will slow due to advances in energy efficiency and technology. 

EIA: First New U.S. Nuclear Reactor in Almost Two Decades Set to Begin Operating

On June 3, The Tennessee Valley Authority's (TVA) Watts Bar Unit 2 was connected to the electricity grid, becoming the first nuclear power plant to come online since 1996. It is currently undergoing final testing and producing electricity at incremental levels of power, with expected commercial operation later this summer. The new reactor is projected to add 1,150 megawatts (MW) of generating capacity to southeastern Tennessee.

Subscribe to the Direct Energy Business Blog for the latest energy news and insights. 

Posted: June 17, 2016

100.25.43.188