Global Monitor
-
Business
POWER Digest (February 2012)
ANDRITZ to Rebuild Oldest Egyptian Nile Dam. Austrian firm ANDRITZ HYDRO on Dec. 22 won a $138.4 million contract from the Egyptian Ministries of Energy and Water Resources for the supply and installation of four bulb turbines, generators, and the electrical and hydro-mechanical equipment to rebuild the Assiut barrage—the oldest dam in the Egyptian section […]
-
Nuclear
The Big Picture: DOE Loan Guarantees
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.
-
Wind
European Firms Complete Wind-to-Hydrogen Power Plant
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.
-
Coal
THE BIG PICTURE: Gas Taxes
After years of political wrangling, coal-rich Australia in November passed legislation that will require the nation’s top 500 polluters, starting in July 2012, to pay a tax at a fixed price of A$23 (US$23.50) per ton of carbon. The tax increases 2.5% annually until 2015, when an emissions trading program will begin. With the Kyoto […]
-
Coal
World Energy Outlook Forecasts Great Renewables Growth
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 […]
-
Coal
Australia Levies Landmark Carbon Tax
After more than a decade debating whether to pass a carbon-limiting law, Australia’s Senate in November voted in a landmark bill that will impose a price on carbon emissions. The country, which accounts for just 1.5% of global carbon emissions, but which is the world’s highest emitter per capita because 80% of its power comes […]
-
Nuclear
NRC to Implement Lessons Learned from Fukushima
The U.S. Nuclear Regulatory Commission (NRC) in October directed staff to begin implementing seven safety recommendations put forth by the federal body’s Near-Term Task Force on lessons learned from the nuclear accident at Tokyo Electric Power Co.’s Daiichi power plant in Japan’s Fukushima prefecture last March. The recommendations affecting all 104 nuclear reactors (Figure 1) […]
-
Gas
GE Uses Steel Mill Gases to Power Turbine
The world’s steel industry is power-hungry. Using energy both to supply heat and power for plant operations and as a raw material for the production of blast furnace coke, the sector uses a major fraction of the world’s total energy consumption. China’s steel and iron sectors have been mushrooming on the back of skyrocketing demand, […]
-
Business
PJM Completes Unique Dual-Primary Control Centers
Swift technology developments in the power sector and increasingly sophisticated security threats have prompted regional transmission organization PJM Interconnection to switch from its aging centrally dispatched legacy system to two “state-of-the-art” primary control centers as part of its $200 million Advanced Control Center (AC2) program. The grid operator that serves parts of the Eastern Interconnection […]
-
Business
POWER Digest (January 2012)
South Korea, China Poised to Make Colossal Investments in Wind Power. South Korea, a nation that recently announced it would spend 1 trillion won ($884 million) on feed-in tariffs for wind and solar projects, on Nov. 10 said it planned to invest 10.2 trillion won ($9 billion) in a 2.5-GW offshore wind farm that could […]