Global Monitor

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 […]

A supplement to “The Big Picture: Gas Taxes” in our January 2012 issue.

The world’s biomass power facilities, not counting those in the pulp and paper industry, average just 18 MWe to 20 MWe. In the U.S., passage of the Public Utility Regulatory Policies Act of 1978 ignited development of many existing biomass plants. Greenhouse gas rules and renewable policies around the world have kindled a new generation of much larger biomass facilities. New announcements routinely are for plants 50 MW or larger, presumably to leverage economies of scale.

Competition among gas turbine makers heated up this September as Alstom unveiled its upgraded GT24 gas turbine and corresponding 60 Hz KA24 combined cycle power plant, while Mitsubishi Heavy Industries (MHI) introduced the M701F5 gas turbine—a 50 Hz F-class gas turbine upgrade. An Upgraded GT24 Alstom’s upgraded product launches came on the heels of its […]

Ditching the only project remaining in its £1 billion ($1.60 billion) carbon capture and storage (CCS) competition, the UK government declined to back the much-watched CCS project at the Longannet power station in Fife, Scotland, in October. The decision balances the UK’s low-carbon ambition with the need to ensure that taxpayer money is invested in “the most effective way,” the nation’s Department of Energy and Climate Change said. The funds are now expected be used to “pursue other projects” in both Scotland and England.

China’s efforts to build the Myitsone Dam—a $3.6 billion hydropower project planned at the confluence of the Mali and N’Mai Rivers at the source of the Irrawaddy River in Burma’s Kachin State—were thwarted in late September after Burma’s President Thein Sein suspended construction “to respect the will of the people.”

Tokyo Electric Power Co.’s (TEPCO’s) Fukushima Daiichi 1 reactor—a unit that suffered a core melt and hydrogen gas explosion after the March 11 earthquake in Japan and subsequent tsunami devastated the six-reactor facility—was fully encased in an “airtight” cover in October.

Since a 2008 University of Texas-Austin study showed that converting farm animal droppings into renewable power could generate enough power to meet up to 3% of North America’s consumption, interest in cow power has been piling up.

Fluor Enters Small Modular Reactor Market, Backs NuScale. Fluor Corp. on Oct. 13 announced it planned to invest more than $30 million in NuScale Power, an Oregon-based small modular reactor (SMR) technology company. As part of its investment, Fluor has purchased the company’s shares that had previously been in U.S. Securities & Exchange Commission receivership […]

Wärtsilä to Provide Rwanda with Engines for Lake Methane Power. Wärtsilä on Sept. 30 said it was awarded a contract by KivuWatt, a subsidiary of the New York–based international power company ContourGlobal, to supply a power plant to the Republic of Rwanda. The turnkey project is of particular significance because the power plant will utilize […]