New Energy - Terminals Worldwide

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Thursday, 28 October 2010

Wind Power Installations Flat In 2010, Forecasted To Increase In 2011



According to Bloomberg New Energy Finance, global onshore and offshore wind installations in 2010 will total approximately 37.7 GW, down 2% from 2009. However, 2011 will be a year of recovery, with 45 GW likely to come online, and an additional 48 GW to be integrated in both 2012 and 2013.

While activity in 2010 will remain roughly the same as in 2009, growth rates vary widely across regions, with the rapidly growing nations of the developing world leading the way, the company says. China, once again, will be the global leader and will install 25% more new capacity than in 2009, when the country set a record with 14 GW.

The U.S. market continues to be challenged by fallout from the financial crisis, low prices for traditional forms of power and an uncertain policy environment, Bloomberg New Energy Finance adds. Low natural-gas prices remain a particular problem, because they bring down the cost of gas-fired electricity and, therefore, make it hard for wind project developers to negotiate attractive power purchase agreements with U.S. utilities.

"Installation levels always lag financings, so what we are seeing this year is the effect of the collapse in investment activity at the end of 2008 and beginning of 2009," says Michael Liebreich, CEO of Bloomberg New Energy Finance. "Investment levels are slowly recovering in Europe and the U.S."

"The emergence of China as the world's leading wind market in the last two years is driving a fundamental rebalancing of industrial focus," adds William Young, the company's head of wind industry research. "Chinese turbine manufacturers have muscled their way onto the top table, but at the same time, the shift offers significant opportunities to European, U.S. and Asian component suppliers."

SOURCE: Bloomberg New Energy Finance

Tuesday, 26 October 2010

Wilderhill New Energy Global Innovation Index (NEX)

Solar and Energy Storage - A Perfect match

By John Battaglini, International Battery and Michael F. Reiley, Wailuku, HI   |   October 19, 2010   |    
Besides grid stabilization and load leveling, storage systems can potentially provide back-up power to thousands of residential and commercial customers, especially when solar or wind is not available.
The success of the MEDB project has garnered attention from a wide group of Hawaii renewable energy stakeholders including national labs, utilities, the PUC, and multi-megawatt scale solar and wind providers.

Industry Risk - US Solar Poised for $100bn Growth Surge

October 26:

Location: New York

Author: Sarah Feinberg
Date: Tuesday, October 26, 2010
Rapidly declining equipment costs combined with stronger government support have set the stage for explosive growth in the US solar market over the next decade, according to Bloomberg New Energy Finance, the world’s leading provider of research and analysis into clean energy and the carbon markets. Solar-powered generating capacity – using photovoltaic and solar thermal electricity technologies – could reach 4.3% of the nation’s power capacity by 2020, depending on the industry’s ability to attract an estimated $100bn of investment.

Carbon Capture technology

Westec Environmental Solutions (WES), LLC / WES 
WES Absorber Open in new window. technology will provide unparalled reductions in absorber height and diameter and will allow for higher solvent loadings than current absorption columns with proprietary structured packing.

Their absorber internals bring to market a product that will deliver significant cost, efficiency and weight savings to a wide variety of applications. 

WES Absorber technology applies to all industrial processes where gas/liquid mass transfer via absorption is required, aimed at optimizing the liquid gas mass transfer processes across a vast range of sectors and applications. 

These applications include CO2 capture, gas sweetening, gas dehydration, gas purification, and NOX and SOX removal in industries ranging from carbon capture, oil and gas, LNG production, mining, pharmaceutical, fertilizer production and general industrial markets.





CCS Market Size




U.S. Signs an $831 Million Development Agreement with Pakistan

September 30, 2010

Coordinator for Economic and Development Assistance in Pakistan Ambassador Robin Raphel, USAID Mission Director Bob Wilson (right), and Secretary of the Government of Pakistan Economic Affairs Division Sibtain Fazal Halim sign the $831 million Enhanced Partnership with Pakistan Agreement in Islamabad
Islamabad, September 30, 2010 – The United States and Pakistan signed a partnership agreement today covering the first year of the Enhanced Partnership with Pakistan Act, known as the Kerry-Lugar-Berman Bill.The agreement is an important element in the implementation of the Kerry-Lugar-Berman Bill by allocating the first $831 million of more than $1 billion in development assistance funds that the United States will provide for U.S. Agency for International Development (USAID) programs in Pakistan this year."We will implement our assistance in the most open, transparent and accountable manner, so the people of Pakistan and of the United States know where the money is going," said Ambassador Robin L. Raphel, U.S. Coordinator for Economic and Development Assistance.The funds approved today will be used for programs in key sectors, health, education, agriculture, and energy. To date, USAID has already provided $224 million in Kerry-Lugar-Berman funds to priority projects in Pakistan.

Monday, 25 October 2010

Bahrain set to open $600 mln LNG terminal tender

Monday October 25th 2010 
* Bahrain about to tender LNG terminal
* Costs at least $600 mln
* Bahrain needs to import gas to meet rising demand
MANAMA, Oct 25 (Reuters) - Non-OPEC producer Bahrain has almost finalised a tender inviting companies to build a $600 million liquefied natural gas (LNG) terminal, an executive from the Bahrain Petroleum Company (BAPCO) said on Monday.
"The RFP (request for proposals) will be out today or tomorrow," Essa al-Ansari, general manager at Bapco for major engineering projects told reporters on the sidelines of a conference.
He said it would take the 14 international oil firms that are qualified to bid around 16 weeks to submit their final offers.
The terminal would cost at least $600 million, Ansari said, with a capacity of 400 million cubic feet per day (cfd), which may be expanded to 800 million cfd.
Bahrain, like its Gulf Arab neighbours, has seen a rapid increase in natural gas consumption as its economy has grown with a petrodollar-fuelled boom in the region.