wo major European energy companies, Siemens and Gamesa, will combine their wind divisions under an agreement announced this morning that should establish a new market leader in the world’s largest renewable energy sector. Under a binding agreement valued at €1 billion ($1.13 billion), Siemens AG, headquartered in Germany but with a global supply chain extending across a number of sectors and countries, will acquire majority stake in Gamesa Corporación Tecnológica SA of Spain.
Maryland this week became the 11th state to adopt formal policies requiring utilities to purchase power from community solar projects. The three-year pilot program, approved by the Maryland Public Service Commission, sets in motion one of the first state-sanctioned community solar programs in the Mid-Atlantic, following similar initiatives in a half-dozen East Coast states from Maine to New York and Washington, D.C.
MidAmerican Energy Company has filed notice with Iowa Utilities Board highlighting an agreement between Vestas and MidAmerican with a potential of up to 2,000 MW in USA. MidAmerican to supply up to 1,000 v110-2.0 MW wind turbines for 2,000 MW wind XI project in Iowa.
Nebraska, Iowa defy trend in rural economy, show signs of growth as the wider region’s decline persists
The rural Midwest’s economy is in its 10th straight month of decline, according to a survey of non-urban bankers, with farmland prices trending down for the 31st straight month despite recent increases in energy and farm commodity prices. But Iowa and Nebraska went against the trend, showing growth in their rural economies and other positive signs.Goss said the two states’ improvement may be tied to gains in food processing and alternative energy, including recovery in the ethanol business and, in Iowa, installations of wind-powered energy facilities.
Siemens and Spain’s Gamesa agreed on Friday to create the world’s biggest builder of windfarms, with the German company paying 1 billion euros ($1.13 billion) for a majority stake in the combined business. The group would bring together Siemens’ strength in offshore wind power and Gamesa’s leading role in developing markets.
“It’s quite likely that this bill will never be considered on the floor because of the riders,” Durbin said in reference to provisions that would block key Obama administration environmental regulations, give special treatment to biomass as a carbon source and allow construction of a contested gravel road through a national wildlife refuge in Alaska.
Fort Calhoun is among several reactor closures announced in recent weeks due to an abundance of cheap natural gas and waning demand for electricity. Exelon Corp., the country’s largest reactor operator, has threatened to shutter plants in Illinois and now New York. But Omaha Public Power also blamed EPA’s new rule for curbing carbon from existing power plants, saying the agency failed to provide any “carbon-free generation credits” from existing nuclear plants.
Transportation has surpassed electricity production as the primary source of greenhouse gas emissions in the United States, according to new data from the U.S. Energy Information Administration. Emissions from both sectors started dropping during the recession. Electricity has continued on a steady decline as power plants switch out coal for cheaper and cleaner natural gas, as well as renewable sources of energy.
At one point during a congressional hearing yesterday on potential breakthrough energy technologies like bionic leaves, Rep. Steve Knight (R-Calif.) asked how his state will meet aggressive renewable deployment.
The White House yesterday issued a flurry of executive actions and private-sector commitments to boost renewable energy and more than double energy storage by decade’s end. In total, the actions stretching from the Department of Energy to Microsoft Corp.’s data centers are expected to result in at least 1.3 gigawatts of additional storage in the next five years and potentially lead to $1 billion in investments, the White House said. By comparison, approximately 226 megawatts of energy storage capacity came online last year, bringing cumulative installed capacity to 500 MW, according to GTM Research.