History of Electricity - IER
WEBIn 1882, with J.P. Morgan funding his efforts, Edison launched the businesses that would later be known as General Electric. In September of that year, he opened the United States’ first central power plant in lower Manhattan—the Pearl Street Station. Pearl Street was a stroke of genius.
The United States Was Energy Independent in 2019 for the First …
WEBMay 11, 2020 · The United States Was Energy Independent in 2019 for the First Time Since 1957. By IER. May 11, 2020. Contact The Expert. U.S. energy production in 2019 was higher than U.S. energy consumption for the first time in 62 years. Thus, the U.S. attained the long-held goal of “energy independence”—which is not to say that we did not import or ...
The Institute for Energy Research
WEB1 day ago · Even top Democrats and Elon Musk have started to realize that we need to support domestic energy production to help keep prices low for American consumers. A first-of-its-kind research tool that shines a long overdue spotlight on the money that is fueling the massive national environmental lobby ...
About - IER
WEBThe Institute for Energy Research (IER) is a not-for-profit organization that conducts intensive research and analysis on the functions, operations, and government regulation of global energy markets. IER maintains that freely-functioning energy markets provide the most efficient and effective solutions to today’s global energy and ...
History of Solar Power - IER
WEBFeb 18, 2016 · The history of solar power is not as recent as some may think as the technology has existed since the 19th century and has received substantial government support since at least the 1970s. Despite vast amounts of subsidies, solar power comprises less than 1 percent of US electricity generation [1] …
Electricity Transmission - IER
WEBThe Economics of Electricity Transmission. Transmission makes up roughly 11 percent of the total cost of electricity. In 2012, the Energy Information Administration estimated that transmission cost 1.1 cents/kilowatt-hour (kWh), out …
The Environmental Impact of Lithium Batteries - IER
WEBNov 12, 2020 · During the Obama-Biden administration, hydraulic fracturing was accused of causing a number of environmental problems—faucets on fire, contamination of drinking water, etc.—but the administration’s own Environmental Protection Agency could not validate those accusations.. Now Biden is planning to transition the transportation sector to electric vehicles that are powered by lithium ...
An Overview of Federal Government Support for Electric Vehicles
WEBJul 27, 2023 · An Overview of Federal Government Support for Electric Vehicles. By Alexander Stevens. July 27, 2023. Contact The Expert. Electric vehicles (EVs) have been heralded as the eco-friendly saviors of our transportation landscape, promising to reduce greenhouse gas emissions, dependence on fossil fuels, and combat climate change.
Price Controls and the 1970s Oil Crisis: Lessons for Today
WEBOct 24, 2023 · The 1970s “Energy Crisis” was in full swing. While shortages were blamed on Big Oil at home and OPEC abroad, the real culprit was federal price and allocation controls. President Richard Nixon’s August 1971 declaration of a 90-day freeze of wages and prices, intended to check price inflation then running near 4 percent (one-half of 2022 ...
Renewable Energy Still Dominates Energy Subsidies in FY 2022
WEBAug 9, 2023 · The Energy Information Administration (EIA), an independent agency of the U.S. Department of Energy, evaluated the amount of subsidies that the federal government provides energy producers for fiscal years 2016 through 2022, in its report Federal Financial Interventions and Subsidies in Energy, updating its previous subsidy reports.Federal subsidies to support renewable energy formed nearly ...