The price of electricity generated by utility-scale solar photovoltaic systems fell to $0.06 per kilowatt hour this year, achieving a 2020 goal of the SunShot program three years early. Prices for residential and commercial systems are 86 percent and 89 percent toward achieving their price goals, the Energy Department reported.
Two new reports show customer-sited energy storage is one of America’s fastest-growing energy technologies, with record-breaking installations in the second quarter of 2017. Energy storage could soon become a standard offering for U.S. utilities looking to diversify their business models and improve grid resiliency in the face of increasing extreme storms like Hurricanes Harvey and Irma.
Refiners across Asia are cranking up output to send fuel to the United States, where fallout from Hurricane Harvey has left around a quarter of the nation's refineries shut down. Attracted by soaring refining margins, known as crack spreads in the industry, Asian fuel makers from Singapore to South Korea have ramped up operating rates to sell as many cargoes as possible to the United States.
However, while the report shows that the state is doing very well in some areas, it also notes that reductions in greenhouse gases have stalled, falling just 0.34 percent between 2014 and 2015. And those numbers have been leveling out for the last few years.
It’s been a summer of good energy news for American consumers: Memorial Day gas prices averaging $2.36 and Independence Day gas prices at 12-year lows. Americans have been hitting the road in record numbers, reaping the benefits of the U.S. energy revolution. Just in time for Labor Day, a new report keeps the good news coming, confirming that the U.S. natural gas and oil industry is a blockbuster job creator.
DOE’s mission is critical to the nation’s security and prosperity, and includes managing the nation’s arsenal of nuclear weapons and reducing nuclear proliferation, coordinating the nation’s federal energy policy and functions, providing early-stage research and development for new technology, and helping key technologies overcome the “valley of death”--the gap between initial demonstration and commercialization--to help advance key industries.
Speaking Friday at the National Energy Technology Laboratory near Pittsburgh, U.S. Secretary of Energy Rick Perry emphasized the link between energy innovation and national security and talked about what he sees as coal’s strong future.
The U.S. Department of Energy said on Friday it is helping U.S. firms defend against a hacking campaign that targeted power companies including at least one nuclear plant, saying the attacks have not impacted electricity generation or the grid. News of the attacks surfaced a week ago when Reuters reported that the U.S. Department of Homeland Security and Federal Bureau of Investigation issued a June 28 alert to industrial firms, warning them of hacking targeting the nuclear, power and critical infrastructure sectors.
As NASA makes plans to one day send humans to Mars, one of the key technical gaps the agency is working to fill is how to provide enough power on the Red Planet’s surface for fuel production, habitats and other equipment. One option: small nuclear fission reactors, which work by splitting uranium atoms to generate heat, which is then converted into electric power.
IHI is now testing electric vehicles equipped with wireless charging systems, for residential settings in a garage or carport, as well as in public facilities. IHI is very active in public infrastructure for transportation and power generation and distribution, and it will utilize its expertise in wireless charging technology to improve the efficiency, safety and environmental friendliness of future transportation systems.