Wind

For the past 15 years, Vietnam has enjoyed enviable gross domestic product increases, averaging 7% annually. That kind of economic growth increases power demand, but financing new capacity remains a challenge. Reaching its ambitious capacity growth goals will require Vietnam to expand its financing and vendor base, attract foreign investment, and ensure future fuel supplies in a region thick with competition for those resources.

Of the $35.9 billion in loan guarantees awarded by the U.S. Department of Energy (DOE) since 2009, roughly $26.5 billion have financed nuclear and renewable power projects across the nation through the Section 1703 and 1705 loan guarantee programs.

A consortium of European developers, with funding from the German federal government, have completed a power plant in Prenzlau, near Berlin, Germany, that uses excess wind energy to convert water into oxygen and hydrogen in a process called hydrolysis, and then uses hydrogen and biogas to generate power and heat.

A semi-submersible structure supporting a 2-MW wind turbine was towed nearly 350 kilometers (217.5 miles) to water depths of about 35 meters (114.8 feet) into open Atlantic waters and deployed off the coast of Aguçadoura, Portugal, last November.

Brazil’s power industry has long been dominated by its vast hydro resources, which historically have accounted for over 80% of the country’s generation capacity. With engineering marvels like the massive Itaipú dam and the proposed Belo Monte project, the country is a leader in the development and use of hydroelectricity on a grand scale. But as the 2001 energy crisis proved, dependence on a single source leaves the country vulnerable to severe shortages. Thanks to government programs designed to take advantage of the country’s favorable climate, Brazil is committed to diversifying its energy mix while continuing to maintain a renewable energy focus.

Driven by policies to limit carbon emissions, as well as government subsidies, the share of worldwide nonhydro renewable power is set to grow from just 3% in 2009 to 15% in 2035, the International Energy Agency (IEA) forecasts in its recently released World Energy Outlook 2011. Under the same scenario—which assumes that carbon pricing, explicit […]

U.S. optimism has been restored by reports of abundant, reasonably priced natural gas to fuel most new generation; however, huge gaps in the fuel delivery system (thousands of miles of pipelines are needed) will soon challenge gas plant development. Meanwhile, the cloud of sovereign debt hangs over all major capital projects in Europe, where the UK moves ahead with new nuclear projects while many of its neighbors shut the door on nuclear and struggle to finance their commitment to renewables.

The technologies used to generate and distribute electricity will be radically transformed during the coming decade. Amid that change, the power industry must continue to meet customer reliability, safety, and cost-of-service expectations. Achieving the right balance among these often-conflicting goals is the primary focus of every utility. The Electric Power Research Institute is helping utilities achieve that balance with R&D programs for many new and emerging technologies.

The Five-Year Plan is the expression of the centralized planning goals for China’s economy. The 12th Five-Year Plan, approved by the Chinese Government on March 14, 2011, established many social and economic goals, including significant expansion of the country’s power generation industry in many new directions.

The POWER editorial staff’s picks for the most significant stories of 2011.