Within the Department of Energy, every program will see at least a 10 percent increase in their budget. And advanced computing and fusion power research--a long-promised and oft-overhyped form of nuclear energy--get an extra raise. At this moment, 35 countries are collaborating on ITER, an experimental magnetic fusion device in southern France, and with this bill the US increased its investment to $122 million.
The batteries that power our modern world--from phones to drones to electric cars--will soon experience something not heard of in years: Their capacity to store electricity will jump by double-digit percentages, according to researchers, developers and manufacturers.
The Securing Energy Infrastructure Act, cosponsored by Sens. Angus King, I-Maine, and Jim Risch, R-Idaho, advanced out of the Senate Committee on Energy and Natural Resources on a voice vote.
A funny thing happened to the oil and gas industry as it lay flat on the mat after the collapse of oil prices about four years ago. It figured out how to get up and start investing for the future again. While scores of exploration and production companies went bankrupt and more than 200,000 American energy industry workers lost their jobs, some resourceful producers figured out how to slash costs and boost efficiency.
He said that while vast resources unlocked by unconventional shale activity have boosted the U.S. economy, such technological innovations could be duplicated in energy-starved regions of the world to increase energy security and quality of life in other nations. “It is by embracing this new energy realism that we will all move towards greater energy security and a brighter, more prosperous future,” he said, suggesting that growth in supplies of oil and gas resources is still needed to overcome global energy poverty.
Russia used several American social media accounts in an attempt to disrupt U.S. energy markets, according to a House committee report released Thursday.
The Department of Energy’s (DOE’s) National Laboratories are among the most innovative places on the planet. Forged in the fires of World War II, they have become wellsprings of discovery and innovation that have made - and continue to make - a profound and positive impact on the lives of millions.
The Energy Department (DOE) is creating a new office to "bolster" its cybersecurity and energy security efforts. The new Office of Cybersecurity, Energy Security and Emergency Response, announced Wednesday, would support the department's "expanded" national security responsibilities. The White House budget released Monday proposes $96 million for funding.
The United States is on pace to become a net exporter of energy, according to new data released Tuesday by the U.S. Energy Information Association (EIA). The 2018 annual report on the U.S. energy outlook projects that the country will shift from mostly importing energy to primarily exporting it by 2022. The cause is the continued development of U.S. shale, oil and gas resources, as well as a bump in energy consumption, according to the report.