Sunday, February 7, 2016

The Time Period

Dick Kotecki, "US Navy 030327-M-2306K-007" 03/03/27 via wikimedia
Public Domain Dedication License


Local:

Nevada casinos say exit fees could prevent their defection from NV Energy
Group aims to bust NV Energy monopoly

National:

Does Nevada’s Controversial Net Metering Decision Set a Precedent for the Nation?
SolarCity shares have their worst week ever

Global:

World's Largest Energy Trader Sees a Decade of Low Oil Prices
Shell Announces 10000 Job Cuts Worldwide

Currently, oil prices are at low levels worldwide, and are not predicted to increase any time soon. This is dangerous for the advancement of clean energy: oil remains a limited resource, and only the supply of it has increased. These drops in prices may make the call for a shift to renewable resources seem like less of an urgent matter. This moves us to the national level, where solar energy may actually cost state utilities with their efficiency. Local businesses such as the Nevada casinos realize that they are better off procuring their own energy, rather getting it from a provider, although NV Energy has impeded their process becoming independent from their energy. Deregulation and the ability to choose providers seems to be a theme, as local Nevadans are seeking to break up NV Energy's monopoly on utilities in the state. The comfortable position oil is in and the threat to stability NV Energy is facing may have an impact on the SolarCity-PUC controversy.

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