Wind

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.

India has become a global business power even though hundreds of millions of its citizens still live in poverty. To sustain economic growth and lift its people out of poverty, India needs more — and more reliable — power. Details of government plans for achieving those goals demonstrate that pragmatism may be in shorter supply than ambition and political will.

About 110 years after the Belgica expedition — a polar voyage organized by the Geographical Royal Society to establish the world’s first Antarctic scientific research program — a new, unique research station sponsored by the Belgian Federal Government has been commissioned. Inaugurated on Feb. 15 after two years of construction, the Princess Elizabeth Station (Figure 4) is the only polar base to run entirely on renewable energies.

Seventy-five countries from around the world joined a new political agency dedicated to the acceleration of green energy this January, but several notable nations — including the U.S., Canada, Australia, UK, Japan, and China — were not among them.

Following a press briefing this morning, President Barack Obama signed new executive orders intended to spur “swift action” on both U.S. economic recovery and American energy independence.

The U.S. power industry’s story in 2009 will be all about change, to borrow a now-familiar theme. Though the new administration’s policy specifics hadn’t been revealed as POWER editors prepared this report, it appears that flat load growth in 2009 will give the new administration a unique opportunity to formulate new energy policy without risking that the lights will go out.

This spring, Xcel Energy, along with state and technology partners, is set to test what the utility says is the first battery capable of storing wind energy. The ability to store energy from renewable generation sources with variable output is key to maximizing the value of renewable power in general and to Xcel’s “smart grid” plans in particular.

Ironically, the Spanish province of Tarragona — well known for its many Roman and Medieval ruins, archeological digs, and multiple World Heritage Sites — now has one of the most cutting-edge wind farms in the world. This wind farm recently added an innovative 3-MW wind turbine, which stands 140 meters (459 feet) high and is the largest nationally manufactured wind turbine installed in Spain to date.

The Galapagos Islands, home of the unusual flora and fauna that inspired naturalist Charles Darwin’s groundbreaking work on evolution, are striving to promote clean energy that protects the area’s unique biodiversity. Part of that effort is the 2.4-MW San Cristobal Wind Project, which displaces diesel-powered electricity generation. This new energy source will cut greenhouse gas emissions and reduce the risk of devastating diesel-fuel tanker spills in a highly protected environment.

Wind power is becoming a mainstream energy source that U.S. utilities are tapping into nationwide as a means of adding clean, domestically sourced energy to balance their generating portfolios. To identify where wind will take us,POWER’s senior editor talked to experts from diverse industry stakeholders about current and future developments.