Power & Energy Solutions

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The national push for more wind turbine-generated electricity could turn Illinois into a transmission hub."Illinois is the crossroads. Historically, whether it's rails, shipping, travel, O'Hare airport, it's a geographical midpoint, or hub, positioned for all things moving west to east," said Thomas O'Neill, chief operating officer at Chicago-based Exelon Transmission Co., a unit of Exelon Corp.But while regulators are paving the way for wind-farm development with tax credits and loosened regulations, the key challenge facing those developers is that existing transmission lines, substations and transformers are inadequate to handle the amount of energy expected to come from wind farms in various stages of development across the country. There's already a waiting list for wind-farm developers who want to hook into the existing grid."It's easy to be green and say let's build wind but we have to think about - how are we going to deliver that?" said O'Neill.In the near term, companies are opting to harness wind power closer to existing transmission lines, usually near urban areas, to avoid the lengthy and costly process of building new lines. Aside from pockets of strong winds in the midsection of Illinois, however, some of the most powerful wind in the U.S. stretches

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GE (GE 18.39, +0.09, +0.49%) today announced plans to invest approximately EUR340 million to develop or expand its wind turbine manufacturing, engineering and service facilities in four European countries--the United Kingdom, Norway, Sweden and Germany--signaling GE's deep commitment to the promising European offshore wind sector."Offshore wind will play a vital role in meeting the growing global demand for cleaner, renewable energy and has a bright future here in Europe," said Ferdinando (Nani) Beccalli-Falco, president and CEO of GE International. "These investments will position us to help develop Europe's vast, untapped offshore wind resources, while also creating new jobs for both GE and our suppliers."At the core of GE's European expansion plans is the development of GE's next generation wind turbine, a 4-megawatt machine designed specifically for offshore deployment. As the largest wind turbine in GE's fleet, it will incorporate advanced drive train and control technologies gained through GE's acquisition of ScanWind. The 4-megawatt wind turbine will feature GE's innovative technology that eliminates the need for gearboxes. This technology is already being demonstrated at a test site in Hundhammerfjellet, Norway, where the first ScanWind direct drive unit has been operating for more than five years."GE's proven reliability on more than

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7th Wind Power Asia set on promoting sustainable energy development in China Stronger political and trade support, preliminary conference program unveiled.The 7th Wind Power Asia will focus on technological and political solutions to promote renewable energy and synergize with the central government's directive for a low carbon technology driven economy as announced at the National Congress in early March 2010. A series ofmeasures outlined by the Chinese government include improving energy efficiency, increasing energy conservation and lowering carbon emission by developing sustainable energy sources, with special emphasis on wind energy generation. Further, in line with the government's policy of promoting scientific and economic development, the National Energy Administration has listed speeding up the transformation of energy development as the top of the agenda in 2010. As such, energy planning of the 12th Five-Year Plan being formulated now has put more emphasis on clean energy development. These policies serve as direct boosters for the development of Wind Power Asia which signals new opportunities for both manufacturers and trade buyers.Wind Power Asia 2010, held simultaneously with Clean Energy Expo China 2010, is managed by Koelnmesse, the China Electricity Council and the China Council for the Promotion of International Trade (CCPIT) Beijing Sub-council.

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Tomorrow, energy will top the agenda when EU Heads of State meet in Brussels to discuss a new European strategy for jobs and growth, and to follow-up on the failed Copenhagen conference on climate change.The European Wind Energy Association (EWEA) urges the Council to adopt vitally important energy commitments in the proposed ‘2020 strategy' that would bring Europe jobs, reduced dependence and spending on imported fossil fuels, and cheaper electricity as well as helping reduce the risk of catastrophic climate change. "The European Commission proposal in the 2020 strategy to create a European electricity supergrid and a properly functioning European market in electricity would bring enormous economic and environmental benefits to Europe and its citizens" said Bruce Douglas, Chief Operating Officer of EWEA. "A single European grid and real competition in the European power market are essential elements, not only for the integration of large-scale wind power and other renewables, but also to ensure that European consumers have affordable and domestically produced electricity." "Without a supergrid and a European electricity market it will be very hard to achieve Europe's renewable energy and CO2 emission reduction targets" he added. "It is encouraging that the proposed strategy recognises the need to

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The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) and Clean Edge, Inc. announced the results of the semi-annual evaluation of the NASDAQ OMX® Clean Edge® Global Wind Energy Index (Nasdaq:QWND), which will become effective with the market open today.The following two securities will be added to the Index: China Longyuan Power Group Corporation Limited (916 HK) and Edison International (EIX UN).The Index is a modified market-capitalization index designed to act as a transparent and liquid benchmark for the global wind energy sector. The Index includes companies that are primarily manufacturers, developers, distributors, installers, and users of energy derived from wind sources. The securities must also meet other eligibility criteria which include minimum requirements for market capitalization and average daily dollar trading volume. The Index is evaluated on a semi-annual basis in March and September. For more information about the NASDAQ OMX Clean Edge Global Wind Energy Index, including detailed eligibility criteria, visit https://indexes.nasdaqomx.com/.As a result of the evaluation, the following three securities will be removed from the Index: Fersa Energias Renovables, S.A. (FRS SM), Suzlon Energy Limited (SUEL IS), and Theolia SA (TEO FP).The NASDAQ OMX Clean Edge Global Wind Energy Index is the basis for the PowerShares Global Wind Energy Portfolio

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China WindPower Group Ltd., Iberdrola SA and Duke Energy Corp. will lead development of an estimated $65 billion of wind-power plants this year that let utilities reduce their reliance on fossil fuels.The estimate from Bloomberg New Energy Finance assumes a 9 percent increase in global installations of wind turbines this year, adding as much as 41 gigawatts of generation capacity. That's the equivalent of 34 new nuclear power stations.Utilities that built natural gas-fired generators during the last decade are increasingly erecting turbines and buying wind power from competitors, tapping a renewable-energy source as governments consider ways to penalize carbon-based fuels."Wind development is moving fast," James Rogers, chairman of Duke, which owns utilities in the U.S. Southeast and Midwest, said in London on March 18 at the Bloomberg New Energy Finance conference. "In the last 10 years, 90 percent of plants we've built have been gas. I've used gas plants like crack cocaine."While gas-fired plants are relatively cheap to build and pollute less than coal plants, they still emit carbon dioxide, which will carry higher costs if governments tighten environmental rules.Last year, $63 billion was invested in turbines, adding 37.5 gigawatts of new capacity and bringing potential output of electricity from

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250 exhibitors from 14 countries, 17,000 visitors from 30 nations 30 (2009: 15,500 visitors), sold out congress events, numerous political delegations from Germany and abroad, and the extremely successful world summit on small wind turbines firmly established this year's New Energy Husum as the leading international trade fair for the small wind industry, and also as the most successful, most visited renewable energy exhibition event in Germany.Not just the exhibitors have noticed how international this fair has become in such a short time, but also the visitors from all the German states and 30 other countries who came to Husum. Over the last few days we have welcomed visitors from all over Germany, and even from the Azores, Brazil, India, China and the Emirates in Husum", said the fair's managing director Hanno Fecke."Welcome to the Mecca of the small wind industry", was how Wolfgang Schmidtner from Renergy, one of the 20 speakers at the 3rd Small Wind Turbine Symposium, started his talk on Sunday. On this the final day of the exhibition, numerous representatives of the 52 international small wind turbine exhibitors were proudly showing off their stacks of business cards from new and prospective customers who are interested in

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Wild Brush Energy (PINKSHEETS: WBRE) and Energoconsult Ltd. have established a cooperative agreement towards the future development of a commercial scale Wind Farm, up to 120Mw in size. Energoconsult's signing is essential for the assessment of crucial wind measurement data, site planning and analysis forecasts vital for maximum wind farm productivity.Energoconsult Ltd. performs research, assessment, optimization and the utilization of alternative energy sources such as wind. The company has the necessary equipment, specialists, experience and professionalism to research the opportunities for utilizing wind energy in perspective areas. The experts are highly qualified professionals and team workers.The Wild Brush Energy Wind Project in planning would optimally be around 120Mw in size and cost an estimated $270 million in development expenditures. Once completed, this Wind Park would supply upwards of 290,000 Mw of electricity annually. This is enough green energy to supply over 40,000 homes with electricity and offset nearly 260,000 tons of Greenhouse gases.Total gross electric sales over a 20-year period are estimated at over $800 million for a project this size.About Wild Brush Energy Inc. Wild Brush Energy Inc. is a diversified energy company whose goal is to identify and develop clean air energy producing alternatives. Wild Brush is presently

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Peering down 148 metres from the top of the latest addition to London's skyline, the traffic-clogged Elephant and Castle roundabout and its notorious neighbour, the Heygate estate, below feel an unlikely location for a world first. But next week, this new skyscraper, nicknamed "the Razor", will take a crucial step towards becoming the world's first building with wind turbines built into its fabric.While wind speeds in the concrete jungle at the tower's base would render a wind turbine pointless, at 42 storeys up they are capable of 35mph gusts - a serious challenge for the workers who created the complex steel structure - and are projected to generate 8% of the building's electricity needs.The building - officially called the Strata tower - is a £113m milestone in the £1.5bn project to regenerate the Elephant and Castle area. The Strata development, which comprises the tower and a smaller "Pavillion" building, is a statement of the new demographic Southwark council hopes the area will attract - its 408 apartments range from £230,000 to £2.5m.But the tower also marks an innovation for the building sector, which under government regulations will have to make all new buildings zero-carbon by 2019.Justin Black, director for Brookfield,

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Boralex Inc (BLX.TO: Quote) has secured financing of C$194.5 million ($191 million) for the construction and operation of its Thames River wind farm in southern Ontario, the Canadian renewable energy producer said on Monday.The funds will be used to finance the second phase of the 90-megawatt wind farm and to refinance Phase 1. The first phase involved the construction of four of nine 10 MW wind farms, which were commissioned in January.The remaining five 10 MW farms are under construction and scheduled to be finished by December.Thanks to the refinancing, Boralex said it can complete the second phase of the project without having to raise any equity while also freeing up C$12.7 million.Boralex's stock price was 5 Canadian cents firmer at C$10.07 on the Toronto Stock Exchange on Monday afternoon.The 21-year, 7-percent-a-year loan was arranged by insurer Manulife Financial Corp (MFC.TO: Quote), which also invested C$88.5 million in the project. This is Manulife's fifth wind farm financing in the past year.In addition to wind energy, Quebec-based Boralex also produces power from hydroelectric sources, biomass and natural gas plants.Boralex said the C$194.5 million makes up about 76 percent of the total investment in Thames River and covers initial financing costs, interest

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