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Duke Energy Going Green – Analyst Blog

Zacks Market Commentaries (October 15th, 2009) Writes:
Duke Energy Corporation (DUK) will install four solar panels in North Carolina in the first phase of its $50 million rooftop solar project. The four projects with a combined 4.6MW of annual capacity are expected to be completed by March 2010.   Duke Energy is focusing on green energy in the light of recent progress in the American Clean Energy and Security Act. The act stipulates stringent caps against carbon dioxide emissions. Also North Carolina 's renewable energy standard stipulates each public electric utility to generate a minimum of 12.5% of its North Carolina retail customers' electricity needs through new renewable energy sources or energy efficiency measures by fiscal 2021.  Duke Energy also has 634MW of land-based wind energy in Pennsylvania , Texas and Wyoming , another 99MW under construction and an additional 251MW of wind projects scheduled to begin operations in 2010. According to a report ...

Energy Blast – April 17, 2009

Robert Amsterdam (April 17th, 2009) Writes:
Russia's greenhouse gas output has reached its highest level since the 1990s.  Prime Minister Putin has taken a conciliatory tone in the Turkmenistan dispute, encouraging energy specialists 'to maintain close contacts ... with our strategic partners ... Uzbekistan, Kazakhstan and Turkmenistan'.  This coincides with Medvedev's imminent meeting with Azerbaijani President Ilham Aliyev to discuss gas deliveries from Azerbaijan.  Germany's RWE has come to an agreement with Turkmenistan to develop ways of delivering gas to Europe.  Bulgarian President Georgy Parvanov and Qatar's Emir are considering the possibility of building a LNG terminal in Bulgaria.  The EU member states have come to an agreement to use $5.3 billion of unused funds for energy efficiency measures.  Russian companies have scrapped plans to make bioethanol from grain, due to legal obstacles.  This year a group led by Exxon Mobil will invest ...

Russ Feingold (D-WI) Introduces Legislation Supporting Energy Efficiency and Biofuels

Small Cap Pulse (January 15th, 2009) Writes:
January 14, 2009 ndash; Yesterday Wisconsin Senator Russ Feingold introduced S. 222 to amend the Internal Revenue Code of 1986 to increase the national limitation on qualified energy conservation bonds and to clarify that certain programs constitute a qualified conservation purpose, and for other purposes; to the Committee on Finance. We expect to see further legislation supporting energy efficiency and alternative energy development. Here is the text from Feingoldrsquo;s comments on the floor:nbsp;nbsp;nbsp;nbsp; Mr. FEINGOLD. Mr. President, over the past few days I have introduced a series of bills that are part of my E4 Initiative, dubbed E4 because of its focus on economy, employment, education, and energy. Today I am introducing two bills that are part of this effort: the Community Revitalization Energy Conservation, CREC, Act of 2009 and the Energy and Technology Advancement, ETA, Act of 2009.nbsp;nbsp;nbsp;nbsp; The newest among my E4 bills is the Community Revitalization Energy Conservation, CREC, ...
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Bullish news for Alternative Energy Stocks?

Sean Brodrick (September 4th, 2008) Writes:
It sure doesn't seem like it today, with red ink running in the Street like blood, but check this out ...Amid bluster over energy, Senate cuts a dealOver the summer a group of five GOP and five Democratic senators, dubbed the Gang of 10, hammered out a comprehensive energy proposal. And now, after taking withering heat from both left and right, the idea is gaining support. The proposal contains some items on the Republican wish list, such as opening areas of the Outer Continental Shelf to drilling and boosting nuclear power. The Democrats get incentives for wind, solar, and other renewables along with energy efficiency measures — and pay for much of the projected $84 billion cost by eliminating tax breaks on the oil and gas industry.In other news today ...OPEC consensus building for supply cutConsensus is building within ...

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