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Alta. government to extend Fort Hills mine leases: UTS Energy UTS Energy Corp. said Friday that the Fort Hills Energy Limited Partnership has reached an agreement with the Alberta government to extend the Fort Hills oilsands leases in exchange for a commitment to increase upgrading capacity in Alberta. Topix.netMeasure B proponents continue to push solar power plan One day after the solar energy plan known as Measure B went down to defeat, backers of the proposal said they would push the Los Angeles Department of Water and Power to pursue the environmental initiative anyway. Topix.netDouble jeopardy in before US Supreme Court A former Enron Corp. executive is hoping a little known component of the Fifth Amendment's double jeopardy clause will help him avoid a retrial on charges related to financial fraud at the once mighty energy giant.Attorneys for F. Scott Yeager are set to present oral arguments before the U.S. Supreme Court on Monday on the issue of whether double jeopardy prevents prosecutors from retrying individuals after a jury votes not guilty on some charges, but fails to reach a verdict on others that share an element with the acquitted charges. Topix.netEnergy Department Issues First Renewable-Energy Loan Guarantee 'Instead of relying on imports from other countries to meet our energy needs, we'll rely on America's innovation, America's resources, and America's workers,' said Energy Secretary Steven Chu. Topix.netEnergy Department spending $400 million on electric car programs The U.S. Department of Energy has begun accepting applications for two electric vehicle programs funded with $400 million from the federal stimulus legislation. Biz JournalSolar panel maker gets first ever alternative-energy Fed loan guarantee The Department of Energy (DOE) this week made the first alternative-energy loan guarantee, announcing that Solyndra Inc., a solar energy company based in Fremont, Calif., will receive $535 million. The company – profiled recently by ScientificAmerican.com – plans to use the money to ramp up production of its cylindrical, thin-film solar panels that lie flat on rooftops. The cash won't flow until the loan receives some final legal and financial green lights, according to a DOE press release. The DOE is reviewing dozens of other projects, from nuclear to carbon capture and sequestration, and will likely be issuing more loan guarantees in the coming weeks, the New York Times reports. [More] Scientific AmericanPipeline blocked at Fond du Lac reservation Enbridge Energy's plans for a 1,000-mile pipeline to move Canadian crude have hit a rough patch at the Fond du Lac Indian reservation. Topix.netWind developer plans to add 170 megawatts in ND Mitch Davidson is chief executive officer of NextEra Energy Resources. The company was formerly known as FPL Energy. Topix.netNumber of active oil rigs drops by 41 The number of rigs actively exploring for oil and natural gas in the United States dropped by 41 this week to 1,085, as weak energy demand continues to hamper oilfield activity. Topix.netConstellation Energy drops incentive payments plan Constellation Energy Group Inc. has dropped a plan for up to $32 million in performance and retention payments to key managers that was to be a part of an upcoming deal with French power giant EdF. Topix.net1 2 |
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