Dozens of institutional investors in U.S. renewable energy projects pulled out of the market when the nation’s liquidity reserves dried up late last year. Some left the renewable market sector in search of more lucrative investment opportunities. Others found themselves unable to take advantage of the attractive tax credits because they themselves lacked profits against which to use the credits. The American Recovery and Reinvestment Act of 2009, approved February 13, changed the investor ground rules — again.

Swiss power technology group ABB, which pioneered gas-insulated switchgear 50 years ago, in April announced it had commissioned switchgear rated to handle 1,100 kV. The development marks the biggest leap in capacity and efficiency of AC power transmission in more than two decades.

The Duplex Pump Unit (FRS 660-11-DPU-UL) from RCI Technologies is the newest addition to that company’s line of diesel fuel purifiers and fuel recirculating systems (FRSs). Designed to automatically circulate and clean the fuel in customers’ fuel storage tanks on a preprogrammed schedule, the DPU features two fuel pumps, which operate alternately to circulate fuel through the system. Whereas RCI’s other FRS units utilize a single pump, the duplex pump offers backup in the event of a primary system failure. All FRS units employ filter-less technology. The control system is housed in a weatherproof, NEMA 4, key-lockable cabinet, and the system is equipped with alarms to alert the user in the event of pump failure, purifier high water level, system high pressure, or fuel catch basin leak. (www.rcitechnologies.com)

Gas hydrates, a form of natural gas that forms when methane from the decomposition of organic material comes into contact with water at low temperatures and high pressures, could play a role — even if a small one — in future fuel supplies, researchers attending a March meeting organized by the American Chemical Society suggested.

When the housing bubble burst, it exposed an unseemly alliance between special interests and the financial sector. Activists wanted homes for all at any cost, and lenders were happy to oblige despite the inherent risk.

Emerson Process Management launched a new extreme temperature version of its Rosemount 2130 vibrating fork liquid level switch that is designed for use in extreme temperatures — from – 94F to 500F (–70C to 260C). The new version includes a low-density option suitable for liquids with specific gravity down to 0.5 (500 kg/m ³). In addition to built-in fault-monitoring/self-checking diagnostics to detect corrosion of the forks or any internal or external damage or breaks in the internal electrical wiring, it features a "heartbeat" LED, which provides instant visual indication that the unit is operational. The unit requires no onsite calibration and is available in 316L stainless steel, corrosion-resistant alloy C wet side, or a range of other stainless steel and aluminum options. (www2.emersonprocess.com)

Sweden’s SKF Reliability Systems introduced the SKF Microlog Analyzer AX, an advanced vibration-monitoring technology. With simultaneous triaxial or four-channel vibration measurement capability, the unit speeds up data collection and saves time in monitoring rounds. The 806 MHz Xscale processor also means faster real-time rate and display updates. An available range of application modules allows users to create a custom device to perform several advanced tasks, such as impact tests, digital recording, modal analysis, transient phenomena analysis, and quality inspections.

Jon Wellinghof, the latest chairman of the Federal Energy Regulatory Commission, is, by his own words, a doofus. As reported in Power News this week, Wellinghoff said the U.S. may never need new baseload electric generating capacity.  Why? Because wind will be so cheap it will get sent out first in an economic dispatch regime. […]

The estimated $30 billion that electric utilities have paid since 1982 to the Nuclear Waste Trust Fund for the construction and operation of the federal nuclear waste repository at Yucca Mountain could be returned to them if a Senate bill introduced on Thursday passes.

The U.S. may never need new nuclear or coal-fired power plants because renewable energy and improved efficiency can meet future power demand, Jon Wellinghoff, the Federal Energy Regulatory Commission chair, last week reportedly said.