Streetwise Articles
Deep Offshore Wind Sized Up
Source: CNET, Candace Lombardi (2/23/11)
"Deep offshore wind could produce energy for $0.08–$0.10/KW within 10 years."
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Nuclear Units Can Operate Beyond 60 Years
Source: Platts (2/23/11)
"The Office of Nuclear Energy strongly supports very important program."
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FY12 Fed Budget Proposal Includes Renewable Energy
Source: Energy Priorities, Denis Du Bois (2/23/11)
"Department of the Interior is actively promoting renewable energy on public lands."
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The Race to Replace Gasoline
Source: msnbc, Alan Boyle (2/23/11)
"Will electric vehicles take over America's roads?
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Revealed: The Cost of Electricity from Coal
Source: West Cape News (2/23/11)
"Generating electricity from coal costs U.S. over $500 billion/year."
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EPA Cuts Air Pollution Control Costs in Half
Source: CNBC (2/23/11)
"EPA found low-cost pollution control at more than 200,000 industrial boilers, heaters and incinerators."
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Gaddafi Threatens to Torch Libya's Oil
Source: The Daily Reckoning, Addison Wiggin (2/23/11)
"Will Gaddafi instigate another Desert Storm?"
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Saudi Arabia, France Sign Nuclear Energy Deal
Source: Bloomberg (2/23/11)
"World's top oil producer seeks to meet growing demand for electricity."
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Oil Price Climb Could Cripple Economic Recovery
Source: ABC, Alan Farnham and Susanna Kim (2/23/11)
"Surging oil prices could harm an economy recovering after two years in the doldrums."
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A Test to Solar Energy Projects, on Environmental Grounds
Source: New York Times, Todd Woody (2/23/11)
"A storm of lawsuits and is clouding the future of the nascent industry."
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John McIlveen: Alt Energy Is Still at Value Levels
Source: George Mack of The Energy Report (2/22/11)
Jacob Securities Research Director John McIlveen was one of the first analysts in North America to specialize in renewable energy stocks. He believes these industries—particularly geothermal, solar and wind—may present unusual publicly traded opportunities for investors seeking diversification and significant capital appreciation. In this exclusive interview with The Energy Report, John shares several ideas to round out growth-oriented portfolios.
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Libya Revolt Scares Oil Traders
Source: Al Jazeera, Chris Arsenault (2/22/11)
"Nothing explodes like an oil refinery and rioters like to burn things."
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Libya Violence Sends Oil Prices Soaring
Source: Dow Jones, Dan Strumpf (2/22/11)
"The IEA will discuss whether to tap strategic oil stockpiles."
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Kiev Looks to U.S. for Energy Help
Source: UPI (2/21/11)
"U.S. to help Ukraine diversify energy sector by restoring exhausted gas fields, embracing shale gas."
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PG&E May Have Avoided Mandatory Testing Before San Bruno Blast
Source: San Francisco Chronicle, Jaxon Van Derbeken (2/21/11)
"Experts say testing would have identified the flawed seam weld that causes the deadly Sept. 9 San Bruno rupture."
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Judges Will Try Anew to Settle Coal Slurry Lawsuit
Source: Associated Press, Vicki Smith (2/21/11)
"Coal industry claims underground slurry injection is safe; critics say slurry leaches into water tables with harmful results."
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Indonesia Orders State-Owned Utility to Buy Geothermal Power
Source: Bloomberg, Yoga Rusmana and Bambang Djanuarto (2/21/11)
"The decree aims to provide a legal platform for accelerating geothermal development."
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Denver-Area IKEA to Utilize Geothermal, Solar Power
Source: Eco Friend News (2/21/11)
"IKEA updates store design with cost-cutting renewable energy sources."
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France Aims to Streamline, Unify Nuclear Industry
Source: Reuters, Marie Maitre and Emmanuel Jarry (2/21/11)
"Another effort to put behind public disputes between Areva's and EDF's heads."
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New Lithium-Ion Batteries Fix Themselves
Source: Science News, Devin Powell (2/21/11)
"We've tested this in real batteries, and it works beautifully."
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Oil Sands Row Threatens Canada-EU Trade Deal
Source: Reuters, Pete Harrison and Juliane von Reppert (2/21/11)
"Canadian officials denied they've threatened to scrap the trade deal."
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Environmental Groups Hail EPA Mercury Rules
Source: Associated Press, Mary Esch (2/21/11)
"EPA has until November to make the rules official. Companies would have three years to comply."
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Northern Ontario Pipeline Explodes in Fireball
Source: Toronto Sun, Kristy Brownlee (2/20/11)
"The pipeline ruptured and caused a massive blast that led to an evacuation."
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DOI Looking to Ban Mining Near Grand Canyon
Source: Mineweb, Dorothy Kosich (2/18/11)
"Proposed withdraw encompasses one million acres near the Grand Canyon."
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Ed Sterck: Spare Cash? Park It in Uranium
Source: Brian Sylvester of The Energy Report (2/17/11)
BMO Capital Markets Mining Analyst Ed Sterck projects a very moderate $60/lb. uranium price in 2011, but that shouldn't stop you from investing in the uranium space. "This is a sector that is very prone to sentiment and, at the moment, the sentiment is building toward the possibility of a price spike," he says. He also expects to see more M&A activity in the sector, particularly among uranium juniors with reasonably priced projects. Read on to find out which companies Ed likes in this exclusive interview with The Energy Report.
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