POWERnews

  • McCain, Obama supporters mostly agree on energy, climate change issues

    A majority of supporters of John McCain and Barack Obama largely agree on how to deal with both the country’s energy needs and the problem of climate change, a new WorldPublicOpinion.org poll shows.   WorldPublicOpinion.org, an international research project managed by the Program on International Policy Attitudes at the University of Maryland, surveyed 1,174 Americans […]

  • Approval of renewable tax credit extensions blocked by political impasse

    Current U.S. tax credits for renewable energy, including wind and solar energy, are set to expire on Dec. 31, 2008. Last week, both U.S. congressional houses passed versions of a bill that would extend these credits, but the House’s version of what has been called “the year’s most important tax package” prompted criticism from the […]

  • EDF seals British Energy acquisition deal

    Nuclear energy giant Électricité de France (EDF) on Wednesday clinched a deal to acquire British Energy plc—a privatized UK company that provides almost 20% of Britain’s electricity—for £12.5 billion ($23.18 billion).   On Thursday, the majority French state-owned company bought a 26% stake in British Energy through its subsidiary Lake Acquisitions as part of its […]

  • DOE announces $8 billion in loan guarantees for coal indust

    The U.S. Department of Energy (DOE) last week announced a solicitation for up to $8 billion in federal loan guarantees for coal-powered projects that employ advanced technologies to reduce or sequester emissions of air pollutants and greenhouse gases.   This marks the third round of solicitations for the DOE’s Loan Guarantee Program. The DOE said […]

  • RWE prepares to test CCS technologies at UK power plants

    RWE npower has urged the UK government to address pitfalls in carbon capture and storage (CCS) regulation and policy that could prompt delays to vital investments. The company, which revealed it was close to completing a UK CCS facility, was responding to the government’s CCS consultation that closed last week.   RWE npower, which supplies […]