Swedish power company Vattenfall is testing a technology that stores energy in salt, with a goal of proving whether the process would be useful for storage of renewable energy such as from wind and solar farms. The pilot project, commissioned April 11 at the Reuter thermal power plant in Berlin ... Read More »
Using wind power to generate the electricity the US needs could cause a surprising amount of local warming, according to a new study. But wind power would still help the world stop pumping carbon dioxide into the atmosphere, which would fight climate change and global warming. There’s concern that fossil fuel interests might ... Read More »
If you like consuming alcohol with energy drinks, beware. A key ingredient found in energy drinks can worsen the negative effects of binge drinking, reveals a new study. Many people mix energy drinks with alcohol to neutralise the sedative nature of alcohol, tricking people into feeling more awake and less drunk than they ... Read More »
A new review of current scientific knowledge on energy drinks found their advertised short-term benefits can be outweighed by serious health risks, which include risk-seeking behaviour, mental health problems, increased blood pressure, obesity and kidney damage. The study also highlighted the worrying trend of mixing energy drinks with alcohol. Previous research ... Read More »
Norway is the most trustworthy partner for European natural gas and most Germans see the United States as less-than-forthcoming on energy, a survey found. Forsa Institute, one of the leading polling firms in Germany, conducted a survey of public opinion about the regional energy industry on behalf of German energy ... Read More »
Apple said it has partnered with component supplier Ibiden to power all of its manufacturing in Japan with 100 percent renewable energy. To meet the commitment, Ibiden will invest in more than 20 new renewable energy facilities, including one of the largest floating solar photovoltaic systems in the country. “We ... Read More »
Duke Energy announced it has reached an agreement to sell its international businesses in Peru, Chile, Ecuador, Guatemala, El Salvador and Argentina to I Squared Capital for approximately $1.2 billion enterprise value (cash and the assumption of debt). This represents the full remainder of the Latin American businesses Duke Energy ... Read More »
Duke Energy Corp. has reached deals to sell the bulk of its international energy business for about $2.4 billion, roughly the lowered value of the businesses in its books. Charlotte, N.C.-based Duke, which last year bought Piedmont Natural Gas as it shifted focus to its regulated utilities business in the ... Read More »
Duke Energy Corp. has reached deals to sell the bulk of its international energy business for about $2.4 billion, roughly the lowered value of the businesses in its books. Charlotte, N.C.-based Duke, which last year bought Piedmont Natural Gas as it shifted focus to its regulated utilities business in the ... Read More »
Energy companies and banks are leading stocks higher in afternoon trading on Wall Street. A jump in the price of crude oil sent oil and gas companies higher, while banks benefited from rising bond yields, which will help them make more money from lending by allowing them to raise interest ... Read More »
U.S. shale player Noble Energy Inc. said it took a loss during the second quarter despite setting a record in terms of the amount of oil and natural gas sold. Noble, which holds an interest in key shale basins in Texas and Colorado, said it sold a record level of ... Read More »
The bulk of nearly $300 million in new investments could target energy infrastructure projects in the Baltic Sea region, the European Commission said Friday. Members of the European Union and the European Commission proposed $292 million be spent on energy projects in the region, with the bulk of the investmentssupporting ... Read More »
