My New Year’s resolution was to try to be optimistic about 2005—and why not? The past few years have been a roller-coaster ride for the generation industry, with a quick turn here and a negative-G drop there. Although the ride was a bit gut-wrenching the first few times, the ups and downs are now expected […]

  Renewable power development will continue to grow in the U.S., with the nonhydro total reaching 53,121 MW by the end of 2016. So predicts a soon-to-be-released report from Boulder, Colo.–based Platts Analytics (which, like POWER, is a part of Platts, a division of The McGraw-Hill Companies). If all that capacity goes on-line, it would […]

Siemens Power Generation (Erlangen, Germany) announced late last year that it had acquired wind turbine manufacturer Bonus Energy A/S (Brande, Denmark). With a market share of about 9%, Bonus was one of the top five manufacturers of wind turbines in 2004. On paper, Siemens now seems well-positioned to challenge the market leaders (GE Wind, Vestas, […]

Installations of new renewable energy facilities in the U.S. slowed significantly last year. Why? The short answer is a lack of political will. Compared with the EU, the U.S. has much less progressive renewable energy policies. For example, although the Production Tax Credit was renewed last year, legislators in Washington had let it expire, and prospects for a comprehensive national energy policy are fuzzier than ever. Following is a brief roundup of what’s happening worldwide in the fields of wind, photovoltaic, and hydro power. (For a snapshot of today’s global geothermal industry, see p. 40.)