USEC Inc., striving to justify federal loan guarantees for the completion of an Ohio uranium enrichment plant, has a new argument in its favor after a major customer placed a billion-dollar order for fuel from the facility.
The Bethesda, Md.-based enriched uranium supplier said nuclear reactor operator Exelon Generation Co. has placed a nearly $1.2 billion [...]
Duke Energy (NYSE: DUK), one of America’s largest electric utilities, will explore a variety of renewable and other clean-energy technologies with China Huaneng Group, China’s biggest electric utility, as part of a Memorandum of Understanding signed today in Beijing.
The MOU between Duke Energy and China Huaneng Group - which produces more than 10 percent [...]
On June 17, U.S. Senator Sherrod Brown (D-Ohio), introduced the “Investments for Manufacturing Progress and Clean Technology (IMPACT) Act of 2009,” which would initiate a $30 billion revolving loan program to facilitate manufacturers shift resources into the clean energy industry. Details on this new legislation are available on Sen. Brown’s official website. The bill [...]
Speaker Nancy Pelosi released the following statement on the Obama Administration’s order of over 17,000 fuel-efficient vehicles using funds from the American Recovery and Reinvestment Act:
“We know that we can create jobs and save taxpayer dollars while protecting our planet, and with the American Recovery and Reinvestment Act, we are. The news that General Services [...]
DALLAS–(BUSINESS WIRE)–Today energy expert T. Boone Pickens provided his sixth consecutive monthly update on the level of United States’ oil importation.
Pickens said that based on the latest figures from the U.S. Department of Energy’s Energy Information Administration (EIA), the U.S. imported 65 percent of its oil, or 366 million barrels, in May 2009, sending approximately [...]
FMC Technologies, Inc announced today that it has been awarded a contract from StatoilHydro for the manufacture and installation of surface wellheads and surface production trees for the Peregrino project. The contract is valued at approximately $30 million in revenue for FMC.
Located in approximately 400 feet (120 meters) of water offshore Brazil in the Campos [...]
By LES BLUMENTHAL - McClatchy Newspapers
WASHINGTON — The Obama administration has proposed a 25 percent cut in the research and development budget for one of the most promising renewable energy sources in the Northwest - wave and tidal power.
At the same time the White House sought an 82 percent increase in solar [...]
By Tilde Herrera - Tilde Herrera
The Obama Administration gave geothermal energy generation in the U.S. a huge shot in the arm Wednesday with the announcement of $350 million in stimulus funds to scale the barriers of tapping the Earth’s heat as a steady renewable power source.
The geothermal energy industry, which gets far less [...]
The president has allocated more than $467 million for research, development, and use of both geothermal and solar energy.
President Barack Obama has announced plans to expand and accelerate the development, deployment, and use of geothermal and solar energy throughout the United States.
Taking more than $467 million from the American Reinvestment and Recovery Act, [...]
The National Corn Growers Association today thanked President Obama for his statement that advanced renewable transportation fuels will be one of the nation’s most important industries of the 21st Century, and that corn-based ethanol must remain viable to achieve this vision.
St. Louis, MO (Vocus) May 29, 2009 — The National Corn Growers Association today thanked [...]
