America’s dependence on foreign oil has gone down every single year since President Obama took office. In 2010, we imported less than 50 percent of the oil our nation consumed—the first time that’s happened in 13 years—and the trend continued in 2011.
Yesterday, the third annual ARPA-E Energy Innovation Summit kicked off near Washington, D.C. The Summit’s unique combination of leaders makes this an ideal environment for developing energy solutions that will enable America to out-innovate our global competitors.
Top tribal leaders, industry and tribal executives, and federal representatives are teaming up with the Office of Indian Energy at a forum on “Exploring the Business Link Opportunity: Transmission & Clean Energy Development in the West” -- an exciting opportunity to integrate these issues into a broader dialogue on tribal energy interests.
On Monday, the Energy Information Administration (EIA) issued the Annual Energy Outlook 2012 Early Release. This preview report provides updated projections for U.S. energy markets through 2035, and is fascinating reading for anyone who is interested in the future of the U.S. energy economy. You can find the report’s key findings here, and the complete report is available here.
Since 2010, officials of the Alaskan municipality Homer have spent $847,000 to conduct an initial energy audit and implement energy efficiency improvements that will drop the city's energy bill by $100,000 annually, a reduction of approximately 14 percent.
For most people, the notion that the green gunk coating various pond and river bottoms is a potential fuel source sounds like science fiction. But the fact is, several projects sponsored by the Energy Department are actively developing various ways to turn that “green gunk”, called algae, into a renewable and sustainable transportation fuel that will help reduce our nation’s dependence on foreign oil.