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Along with a focus on the development of a clean energy economy, President Barack Obama’s proposed $3.55 trillion budget for 2010 factors in a carbon cap-and-trade system to fund investments in clean energy, and it slashes funding for the proposed Yucca Mountain nuclear waste repository.

The first loan guarantees issued by the Department of Energy (DOE) could reportedly be announced within the next two weeks, with awards likely going to solar and energy efficiency technologies.

Building new transmission lines indicates support for the development of a national grid, but doing so would ultimately stifle entrepreneurship and innovation, a campaign focused on the creation of a “perfect” consumer-focused electric energy system has warned.

The UK government has reportedly delayed its decision on an application by German power generation giant E.ON to build a 1,600-MW clean coal power station at Kingsnorth, in Kent, until after the summer.

China’s State Grid Corp., the national transmission and distribution body that commercially deployed a 1,000-kV ultra-high-voltage (UHV) AC demonstration project 640 kilometers long in January, has reportedly said it will now build 17,600 km of UHV lines by 2012.

The Kansas House on Friday passed by a 79-44 vote a bill that could resurrect two coal-burning power plants proposed for western Kansas, but it was five votes short of the two-thirds majority needed to overturn a veto by Gov. Kathleen Sebelius.

A U.S. Department of Energy (DOE) team of regional partners has begun injecting 50,000 metric tons of carbon dioxide into a Michigan geologic formation believed to be capable of storing hundreds of years’ worth of the greenhouse gas. This attempt follows an initial project at that site, which entailed the injection of 10,000 tons of carbon dioxide.

The Georgia House approved a bill last week that authorizes Georgia Power to collect in advance some of the cost to expand a nuclear power facility at its Plant Vogtle site in Burke County, Ga. Meanwhile, a Kentucky House committee approved a bill to lift a 25-year moratorium on nuclear power plants.

POWER magazine’s parent company, Access Intelligence LLC, on Monday announced the purchase of two conference-based tradeshow events from Technology Systems Corp.: Offshore Communications, a conference dedicated to the business of providing communications services and technology to the ocean industry, and EnergyOcean, focusing on the activities offshore to develop sustainable energy sources for the future of civilization.

European Union (EU) carbon trading proponents are finding support for their market-based emission trading scheme (ETS) in freefall like the market price of carbon in the EU. This unanticipated consequence of the ETS really should not have come as a surprise. Free Allowances The ETS, often described by EU regulators as the world’s most advanced […]