energy

Austin, TX (Dec. 5, 2017) — Drillinginfo, the energy industry’s leading SaaS and data analytics company, announced today it has acquired Dallas-based Pattern Recognition Technologies (PRT), a global leader in energy forecasting. This acquisition marks a significant addition to Drillinginfo’s current offerings while diversifying its solution-focused capabilities as the foremost analytics firm in the energy […]

Cross-border trade in energy—electricity, natural gas, and oil—has been an unanticipated boon to the U.S., Canada, and Mexico, exceeding $140 billion in 2015. The Trump administration’s antipathy toward

The Federal Energy Regulatory Commission (FERC) again has a working quorum after the U.S. Senate confirmed Neil Chatterjee and Robert Powelson as new members August 3. FERC had been without a quorum since February 2017 when Commissioner Norman Bay resigned, and with only one member after Collette Honorable left the agency at the end of […]

A number of baseload generators across Europe have decried the fall in average European wholesale power prices, which some peg to additions of subsidized low-marginal-cost renewable generation to an already

Increased use of less-expensive natural gas and renewable sources of energy for power generation is putting financial pressure on U.S. nuclear power plants, according to an analysis of electricity costs from Bloomberg New Energy Finance (BNEF). Nicholas Steckler, an analyst for BNEF, in a June 14 report said nuclear operators are losing about $2.9 billion […]

Although I’m sure some readers will consider the title of this column hyperbole, coal is back. It’s back in the public discourse, and that’s largely due to the Trump administration. President Trump was

Bill Gates is taking on another global challenge: “Reliable, affordable energy for the world.” On December 11, the richest man in the world announced yet another commitment to effecting radical change. It’s called Breakthrough Energy Ventures (BEV). Together with fellow investors, Gates is betting that private money can help create “a carbonless future” by spurring […]

A merger proposed between Canadian firm Enbridge and Houston-based Spectra Energy Corp. could create the largest energy infrastructure company in North America. The companies announced on September 6 that they have entered into a definitive agreement to combine in a stock-for-stock merger transaction that has an enterprise value of $127 billion. The transaction was reportedly […]

  GE commits to a five-year, $7.5 million membership with MIT Energy Initiative (MITEI) GE will become a Sustaining Member of the MITEI and participate in MITEI’s Low-Carbon Energy Centers Furthers GE’s commitment to the Boston area and expertise focused on solutions to carbon reduction   CAMBRIDGE, Mass., August 30, 2016–GE (NYSE:GE) announced it will […]

Following regulatory approval of a $10.6 billion transaction in over 20 countries and regions, GE’s acquisition of Alstom’s energy activities is now complete. GE and Alstom sealed the deal first proposed in early 2014 with the signing of a 1,500-page “master agreement.” GE had initially proposed buying Alstom’s lucrative business for €12.35 billion, but following […]