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AfDB selected as lead financial adviser for US$4 billion Batoka Gorge hydropower project in Africa

Zambia and Zimbabwe have appointed the African Development Bank (AfDB) as lead financial adviser for the construction of the 2,400-MW Batoka Gorge hydropower project, according to Zambezi River Authority (ZRA) Chief Executive Officer, Munyaradzi Munodawafa.
 




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Chile will increase small hydropower generation with 3-MW Los Pinos hydropower plant

Chile's Schwager Energy and China-based Shenyang Yuanda Commercial & Investment Co. signed a memorandum of understanding on Nov. 3 to build the 3-MW Los Pinos run-of-the-river hydroelectric plant in southern Chile's Lagos region, according to BN Americas.
 




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10-MW Langtang Khola small hydropower project in Nepal receives financing

A consortium of banks has agreed to finance about Rs 1.60 billion (US$23.7 million) for the 10-MW Langtang Khola hydropower project on the Langtang River located in the Rasuwa district in the Himalaya region of Nepal. 




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N.C. Attorney General files injunction against Woodlake owners amidst prolonged dam safety concerns

The North Carolina Attorney General's Office has filed a court injunction against the German ownership group that owns the damaged Woodlake Dam in an effort to make it pay for dam safety repairs.




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Manitoba Hydro announces workforce cuts, rate increases as debt rises

Manitoba Hydro has announced that it will eliminate more than 15% of its workforce while raising rates by at least 10% as the provincial utility's efforts to cut expenditures continue.




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U.S.-led Power Africa initiative to invest US$1 billion in Nigeria for energy including hydropower

Power Africa and Trade Africa Coordinator, Andrew Herscowitz, announced on Feb. 14 during the Abuja Electricity Distribution Co.’s two-day Distribution Company Workshop in Abuja, Nigeria, that the U.S. will invest US$1billion in the country through the U.S. Trade and Development Agency (USTDA).




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Increased cost, delayed commissioning date announced for 695-Keeyask hydropower plant in Manitoba

The partnership between Manitoba Hydro and four First Nations via the Keeyask Hydropower Limited Partnership (KHLP) announced a significant increase in its control budget and a revised commissioning date for the 695-MW Keeyask Generating Station in a statement on March 7.
 




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Renewable, energy efficiency groups mount united front vs. Trump budget

Trump's proposed budget severely cuts the EPA and DOE's efficiency and renewables offices, but allocates funding for R&D, clean coal and advanced nuclear.




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San Francisco mulls creating its own 100 percent renewables-focused utility from PG&E wreckage

What happens when a famously left-leaning city dives into the buttoned-down business of electric utilities? San Francisco may soon find out.




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Mitsubishi Hitachi launches renewable energy services provider

Oriden – a play on the English word “origin” and the Japanese word “denki” meaning ‘electricity’ – is the start of a new type of power generation organization. 

 




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Vermont utility launches vision for 100 percent renewable energy by 2030

This weekend at its “Earth Day Every Day Fair,” Green Mountain Power announced an energy vision to have a 100 percent carbon free energy supply by 2025 and 100 percent renewable energy by 2030. The utility said the move is among the most aggressive carbon targets for a utility of GMP’s size in the country.




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Mayor: PG&E assets are ‘great’ opportunity to bring clean energy to San Francisco

San Francisco Mayor London Breed wants to use PG&E Corp.’s bankruptcy to take over some of the company’s assets for the city’s power needs, a move that would shake up California’s largest utility and remake the state’s energy landscape.




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Tesla sued over fatal crash blamed on autopilot malfunction

Tesla Inc. was sued by the family of a man who died as the result of a crash allegedly caused when the Autopilot navigation system of his 2017 Model X malfunctioned.






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U.K. has been using coal-free energy since May 1

The U.K. has now gone more than a week without using any of its coal-fired power stations, yet another record, and a sign that life without the dirtiest fossil fuel might not be that far away.




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Geothermal balances California’s renewable portfolio

California’s rapid renewable energy expansion has led to a boom in large-scale solar and wind projects and a huge expansion of rooftop solar. As costs have fallen, solar energy has become much less expensive, and utility-scale solar and wind are now less expensive than new gas plants, and far less expensive than existing coal.




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EWF launches world’s first open source blockchain for the energy industry

The Energy Web Foundation (EWF) this week announced that it has launched the world’s first public, open-source, enterprise-grade blockchain tailored to the energy sector: the Energy Web Chain (EW Chain). As a refresher, blockchain allows for peer-to-peer energy market transactions.




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Vermont electric vehicle incentives provide a ‘symbolic’ boost

Vermont joined the ranks of other New England states that provide incentives for electric vehicles with Gov. Phil Scott’s signature on June 14 on a yearly transportation bill.




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Nigerian renewable energy solutions provider Arnergy closes Series A financing

Nigerian distributed utility company, Arnergy, announced it has raised $9 Million in a Series A round of funding led by Breakthrough Energy Ventures with participation from the Norwegian Investment Fund for Developing Countries (Norfund), EDFI ElectriFI and All On.




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Massachusetts incentivizes energy storage systems for commercial property owners

Commercial property owners with existing energy storage systems, or owners considering implementing an energy storage system, may be able to benefit from a recent order by the Massachusetts Department of Public Utilities (DPU) allowing utility companies to pay customers who agree to rely upon their energy storage systems and dispatch the energy during peak events.




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Stay chilled: Lessons for district cooling from the Gulf Cooperation Council

Global demand for air-conditioning is projected to triple over the next 30 years, as the planet warms and urban populations grow, particularly in emerging markets. Meeting that demand will call for significant investments in new cooling infrastructure and the electrical generating capacity necessary to power it. Although traditional cooling technologies are expected to become more efficient in coming years, countries will need to plan for these additional loads, which will be expensive. Emerging markets can also make use of district cooling, an approach that the Gulf Cooperation Council (GCC), which consists of six Middle Eastern countries — Saudi Arabia, Kuwait, the United Arab Emirates, Qatar, Bahrain, and Oman — have successfully adopted.




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BNEF: Energy to storage increase 122X by 2040

According to the latest forecast by BloombergNEF (BNEF), energy storage installations (not including pumped hydropower) around the world will multiply exponentially, from 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040.




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Report covers costs of various storage technologies, including pumped storage hydro

A report recently released by the U.S. Department of Energy defines and evaluates cost and performance parameters of six battery energy storage technologies (BESS) and four non-BESS storage technologies.




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London finds no easy answers after once-in-a-decade blackout

When two U.K. power plants shut down almost simultaneously in London’s first major blackout for a decade, it triggered a storm of questions about how to avoid another failure.




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Net zero carbon emissions ‘impossible’ without hydrogen says UK energy alliance

The UK’s North West Hydrogen Alliance (NWHA) is calling for government investment in hydrogen projects to meet ambitious carbon reductions targets in Britain.




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California aims to fix low-income storage program and deliver new resilience incentives

California’s energy storage incentive program has been a great success, with more than 11,000 battery storage systems installed to-date. The problem is, it’s not reaching the state’s most vulnerable communities. A new proposal from the California Public Utilities Commission (CPUC) aims to fix some of the barriers preventing disadvantaged communities from participating in the program, and it allocates $100 million to a new program designed to offset the cost of battery storage systems for populations threatened by wildfires and related utility power shutoffs.




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Possible IPC Counterfeit Avoidance Management Technique

Presentation by Dennis Fritz of SAIC and MacDermid, Inc.




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Desjardins Industrials, TMT and Consumer Conference

Desjardins Industrials, TMT and Consumer Conference




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Sweet Science: Researcher Develops Energy-dense Sugar Battery

A Virginia Tech research team has developed a battery that runs on sugar and has an unmatched energy density, a development that could replace conventional batteries with ones that are cheaper, refillable, and biodegradable.




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US Working Towards Energy Independence but Big Challenges Remain, Says Salazar

The United States is in a good place in terms of energy, explained former Secretary of the Interior Ken Salazar during a keynote session at the MIT Energy Conference in Cambridge, Mass. Oil imports are the lowest since 1991 at 40 percent, carbon emissions are slowly dwindling, Salazar said, and the U.S. is making these positive improvements due to four cornerstones of progress.




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UPDATE: UK Announces Renewable Heat Tariffs

UPDATE: The U.K. government yesterday launched its Domestic Renewable Heat Incentive (d-RHI), which pays households that generate heat and hot water using renewable energy systems such as solar hot water, geothermal heat pumps and biomass heating.




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Nuclear Giant Exelon Launches Front Group to Cover Its Assets, Undermine Renewable Energy?

Nuclear power, which accounts for 19 percent of the nation's electricity generation, is facing some serious challenges. Not only did its hoped-for renaissance fizzle out, four reactors shut down last year, another is closing this fall, and the nuclear giant Exelon says it will announce plant closings by the end of this year if market conditions don't improve.




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Global Renewable Energy Status Uncovered

More than a fifth of the world's electrical power production now comes from renewable sources and in 2013 renewables accounted for more than 56 percent of all net additions to global power capacity. These remarkable conclusions come from this year’s Renewables Global Status Report (GSR) from REN21. This highly-regarded annual analysis — the 2014 edition was released this summer — concludes that renewable electricity capacity jumped by more than 8 percent overall in 2013, to produce some 22 percent of all global power production. Total global installed renewable electricity capacity reached a staggering 1,560 GW in 2013.




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Scotland Rejects Independence, But Concerns Linger for a Renewables Future

Scotland’s decision to vote no to independence from the United Kingdom of Great Britain and Northern Ireland has elicited a collective sigh of relief from energy sector players. Those companies with significant investments in Scottish renewable energy assets had understandably been anxious over the uncertainty that an independent Scotland would engender, for example potentially changing the rules on support measures for renewable energy investment north of the border.




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Siemens Announces Plan to Exit Marine Power Sector

Technology and equipment giant Siemens AG has decided to sell its tidal energy company, Marine Current Turbines Ltd., citing slow development in the marine and hydrokinetics sector.




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Energy Efficiency and Renewables Are Lowest Risk/Cost Investments for Utilities

A new report by utility and finance experts contains positive news for the environment, our air and our (and our utilities’) pocketbooks — the economics of electric power resources have made zero-emissions energy efficiency and renewable energy technologies the most financially attractive options to meet the nation’s future energy demands.




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Sage Advice is the Highlight of the Women in Power Luncheon

The advice that Pennwell’s 2014 Woman of the Year, Mary Powell, gave to women in the power industry during Tuesday’s Women in Power Luncheon might come as a surprise to some. It was this: Stop undercutting each other. Powell said the most difficult obstacles she has encountered in her various leadership roles have not come from men, but rather from other women. Small comments like “I don’t know how you do it [being a mom and holding a high-level job]”, serve to bring doubt and uncertainty to high achieving women in any industry, and ultimately can lead to women exiting their careers in order to fit what they perceive is the societal norm.




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Renewable Energy Review: Finance Mechanisms

Developers, manufacturers, investors and other renewable energy industry stakeholders need updates on the latest and greatest finance mechanisms available today. Since 2003, global consultancy Ernst & Young has released its Country Attractiveness Indices, which ranks global renewable energy markets by analyzing investment strategies and resource availability.




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Uncovering Green Alternative Energy Mutual Funds

Not all alternative energy mutual funds are created equal. In a recent interview with the Wall Street Journal, a reporter asked me which alternative energy mutual funds were the most focused on renewables, noting that many mutual funds hold non-energy related companies such as Apple, PepsiCo and Google. The answer to this question is not as straight forward as one might think. This article sorts out which mutual funds are truly invested in the dynamic and growing green energy sector, and which ones are more peripheral.




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China Expected to Launch Subsidy for Electric Vehicle Lithium Batteries

China is mulling a policy to provide a subsidy for lithium batteries deployed in electric vehicles. This new favorable policy is expected to propel the development of the country’s electric vehicle sector. China has existing subsidy policies for the sector, but higher prices for the parts used in electric vehicles, in particular lithium batteries, prevent many consumers from purchasing the vehicles.




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Want to Buy a Used German Power Plant? Shipping Is Included

Germany’s utilities, battered by the country’s shift to wind turbines and solar panels, would be glad to sell you a power plant on the cheap. They’ll even pack it up and ship it to another country.




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Reports Clash Over Concerns about the US EPA Clean Power Plan

Last year the U.S. Environmental Protection Agency (EPA) proposed its aggressive Clean Power Plan (CPP), which calls to reduce carbon emissions 30 percent by 2030 over 2005 levels. States are required to submit reduction plans that can include increasing renewables, efficiency, and cap and trade programs by June 2016.




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From the Fossil-Fuel Center of the World, A Call for Renewables and Energy Efficiency

In a must-read report released this week on fast-changing energy markets, the National Bank of Abu Dhabi signals a once-in-a-lifetime opening for investors in Middle Eastern renewables and energy efficiency.




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Sweden, Norway Increase Renewable Target Amid Power Glut Concern

Sweden and Norway agreed to boost their target for renewable energy production amid concerns the additional capacity will exacerbate a power glut and strain the region’s electricity grid.




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Obama Orders US Agencies to Cut Carbon Emissions 40 Percent by 2025

President Barack Obama ordered the federal government to reduce greenhouse gas emissions by 40 percent from 2008 levels over the next 10 years by shifting to renewable energy sources such as solar power.





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Clean Energy Spending Drops 15 Percent to Reach Lowest Level Since 2013

Global investment in clean energy slumped 15 percent in the first quarter to the lowest level in two years because of a decline in wind and utility-scale projects.




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US Power Grid’s $2 Trillion Upgrade Needs European Efficiency

A $2 trillion push in the U.S. to blend renewable energy into the power supply and fortify transmission lines against extreme weather means that Americans must act more like Europeans to keep their power costs down.




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The New Normal? Renewables, Efficiency, And “Too Much Electricity”

Just over a decade ago, the state of California faced serious concerns about whether its utilities could generate and/or buy enough power to assure that the world’s seventh-largest economy could keep the lights on. The infamous California energy crisis, which affected several other western states as well, was a complex tangle of poorly structured deregulation, significant market manipulation (remember Enron?), and other causes. Along with rolling blackouts, California endured an official state of emergency that lasted 34 months, led to the recall and replacement of Gov. Gray Davis, and cost the state and its ratepayers billions of dollars — a cautionary tale for all states of electricity supply unable to meet demand.