Shale regions, including in eastern Ohio, leading in GDP growth, BUT North Dakota tax revenues falling…
Shale regions, including in eastern Ohio, leading in GDP growth
Oct 6, 2015, 12:52pm EDT Updated Oct 6, 2015, 2:25pm EDT
Tom Knox Reporter Columbus Business First
The Wheeling, West Virginia, region had the country’s fifth-best economic growth rate last year.
The metropolitan statistical area, which includes Belmont County in eastern Ohio, is among many shale oil and gas drilling zones that saw big increases in gross domestic product, according to...
The Way Humans Get Electricity Is About to Change Forever
The renewable-energy boom is here. Trillions of dollars will be invested over the next 25 years, driving some of the most profound changes yet in how humans get their electricity. That’s according to a new forecast by Bloomberg New Energy Finance that plots out global power markets to 2040.
Here are six massive shifts coming soon to power markets near you:
1. Solar Prices Keep Crashing
The price of solar power will continue to fall, until it...
Webinar today – Why do we need community solar?
October 7 –– Why do we need community solar?
Photo by Flickr: Windwärts Energie
Kathryn Milun, IonE Resident Fellow and Professor, University of Minnesota Duluth College of Liberal Arts
We have recently seen solar energy become competitive with natural gas for electricity production in the U.S. This places us at a tipping point for solar to transform the U.S. energy landscape over the next few years. What will this solar...
Bank of England Governor,Mark Carney, warns investors of ‘potentially huge’ losses from climate change risks
Bank of England Governor Mark Carney said investors need to wake up to the potential for huge losses from a sudden shift in regulations designed to curb global warming and the use of fossil fuels.
“The challenges currently posed by climate change pale in significance compared with what might come,” Carney said in a speech at a Lloyd’s of London dinner in the U.K. capital late Tuesday. “Once climate change becomes a defining issue for financial...
Fracking Has Contaminated Drinking Water, EPA Now Concludes
The acknowledgment of instances of fracking-related water contamination marks a notable reversal for the Obama administration.
After years of asserting that hydraulic fracturing has never tainted drinking water, the Obama administration issued a long-awaited study of the controversial oil and gas production technique that confirmed “specific instances” when fracking “led to impacts on drinking water resources, including contamination...
Candid discussion surrounding quakes, injection wells
From the Associated Press:
A group of U.S. drilling states, seismologists, academics and industry experts issued guidance Monday in a frank new report on handling human-induced earthquakes caused by hydraulic fracturing or the disposal of fracking wastewater.
The 150-page report, produced by the StatesFirst initiative, represents perhaps the most candid discussion on the topic since tremors across the mid-continent — including in Oklahoma, Texas,...
An Ohio power company wants to reverse the deregulation it once fought for
A major test case is underway in Ohio, where a utility company is trying to undo deregulation in an attempt to keep expensive and aging coal and nuclear plants online.
FirstEnergy pushed hard for deregulation back in 2008 and got a $6 billion payout from consumers to cover its stranded assets. Now, the company says it wants to be guaranteed revenues from expensive coal and nuclear power generation.
Critics say the plan, now under review by the Ohio...
Utilities Taking a More Proactive Approach to Community Solar
“They want to appeal to the more engaged customer and show they are on the cutting edge.”
Community solar is transforming from an experimental offering supported by mandates to a powerful utility tool for retaining customers, says a leading community solar developer.
With 115 megawatts of projects expected through the end of 2015, community solar is still a small fraction of the U.S. solar market. But the sector is defined not just by the number of...
New AEP projections show ‘drastic’ losses for Ohio customers in income-guarantee proposal, Sierra Club says
New forecasts by American Electric Power Company Inc. show the company’s income-guarantee plan for most of its Ohio power plants could cost ratepayers nearly $2.5 billion through 2024, according to the Sierra Club.
The environmental group’s attorneys tangled with the Columbus utility’s corporate counsel Monday morning at the Public Utilities Commission of Ohio to get its expert’s testimony on AEP’s 2015 market price projections into the...
Solar panels give a bright future for YES Club
NEWARK — Since its start 23 years ago, the YES Club of downtown Newark has been providing a positive educational environment for the children of Licking County. With its latest project, the club is looking toward not just its own future, but that of the community.
In the last two months, the members of YES Club managed to raise enough funding to install solar panels on their roof. The panels, which were installed and inspected last week, are almost...