15 Dec
Obama is on a roll and Salazaar is the MAN for the job as Interior Secretary!
15 Dec
the cycle just goes on and on and on, the spike in oil prices is coming as production is slashed today.
Oil markets have had their sharpest-ever spikes and their steepest drops this year, all within a few months. Now, with a global recession at hand and oil consumption falling, the market’s extreme volatility is making it harder for energy executives to plan ahead. As a result, exploration spending, which had risen to a record this year, is being slashed.
The precipitous drop in oil prices since the summer, coming on the heels of a dizzying seven-year rise, was a reminder that the oil business, like those of most commodities, is cyclical. When demand drops and prices fall, companies curb their investments, leading to lower supplies. When demand recovers, prices rise again and companies start to invest in new production, starting another cycle.
As familiar as the pattern may be, the changes this time are taking place at record speed. In June, some analysts were forecasting oil at $200 a barrel and companies were scouring the earth for new places to drill; now, no one knows how low prices may fall.
“It’s a classic — if extraordinarily dramatic — cycle,” said Daniel Yergin, chairman of Cambridge Energy Research Associates and author of “The Prize,” a history of the oil business. “Prices have come down so far and so fast, it’s become a shock to the supply system.”
15 Dec
How does Barack Obama figure out the future and with energy getting the headlines today, how does Obama convince the consumers they need to pony up for wind energy for the future?????????
What will Boone Pickens do with his proposed wind farms in Texas and how will Boone revitalize his million man army on the PickensPlan.com ?????????
Will China spend the 586 billion on their own stimulus package for renewable energy ??????
Will solar melt with the world credit crisis???????
What will the price of gasoline going forward with OPEC meeting on Dec 17th in two days?????
The future sure does NOT seem too bright right about now for renewables going forward but we all know what is perception today might become reality tomorrow and what was reality this summer seems like a bad nightmare given the costs of fuel then and now. Until OPEC cuts production and oil spikes north in price, renewables and the stocks of the solar and wind stocks will be dormant. When OPEC cuts production (two days from now), Wind and Solar will soar again.
15 Dec
Stockholm, December 15, 2008 /PRNewswire/ — (NASDAQ:ERIC) By 2013, Ericsson, the world’s leading provider of telecommunications equipment and services, anticipates that there will be some 6.5 billion mobile phone subscriptions in the world, compared to today’s 3.7 billion. About 90 percent of growth is expected to come from developing markets where more than half of the population lives outside city limits. To build mobile networks in rural areas with no or unreliable power grid means that the power challenge must be solved.
As mobile telephony reaches billions of new subscribers, areas in the world that have never had access to communication services will soon be part of the connected society. Having reliable access to cost-effective energy supplies has long been a stumbling block for telecom operators seeking to offer services outside major population centers. Building out electricity grids has not only been prohibitive from a cost perspective, but often impossible due to geographic and environmental constraints.
15 Dec
Not all renewables are dead on credit arrival………DOCA seems to have most of the world but not Washington state.
Puget Sound Energy, the largest utility in Washington state, has teamed with wind power company RES Americas to develop and construct new wind energy generating facilities, the two companies announced Monday.
The new facilities will be located in Washington state’s Columbia and Garfield counties.
Bellevue-based Puget Sound Energy, a subsidiary of Puget Energy Inc. (NYSE: PSD), and RES Americas, of Denver, have begun preliminary studies and have applied to the Bonneville Power Administration for “up to 1250 megawatts (MW) of transmission interconnection to support potential future wind projects in southeast Washington,” according to a press release.
“PSE and RES Americas have worked together successfully on PSE’s Hopkins Ridge and Wild Horse wind facilities,” said Kimberly Harris, PSE chief resource officer, in a statement. “We look to build on our prior success in Columbia and Kittitas counties by developing additional wind energy projects that will further enhance renewable energy resources, contribute to energy independence and bring new jobs and tax revenues to southeast Washington.”
15 Dec
15 Dec
Clean Coal and Ethanol declared the losers, no surprise to me and I agree 1000000% with the good professor!
Growing concerns over climate change and energy security have kicked research on alternative energy sources into high gear. The list of options continues to expand, yet few papers have comprehensively reviewed them. And fewer still have weighed the pros and cons in as much depth as a new study published earlier this month in the journal, Energy & Environmental Science. The results are a mixed bag of logical conclusions and startling wake-up calls.
The review pits twelve combinations of electric power generation and vehicular motivation against each other. It is a battle royal of nine electric power sources, three vehicle technologies, and two liquid fuel sources. It rates each combination based on eleven categories. And it was all compiled by one man, Mark Jacobson, professor of civil and environmental engineering at Stanford University.
“I felt a need to pull together all the information we had plus that from other sources to quantify and rank… the best and worst proposals,” Jacobson told Ars.
The results of his mathematical ranking are both rational and unexpected. Wind power emerged as the overall victor. When teamed with battery electric and hydrogen fuel cell vehicles, it claimed the top two spots by winning seven of the eleven categories. Photovoltaics are an unexpected also-ran, failing to make the top five. Politically favored ethanol stands out as the big loser of the study, falling behind “clean coal,” a technology many consider a dead end. Ouch.
15 Dec
The 50 day moving average is $5.12 and once $5.12 is breached and held and the CLOSING PRICE is above $5.12, well, the next stop is straight north to $7.50 for APWR. Charts usually dont have an opinion and 50 day moving averages are quite good for when to buy and when to sell.
APWR could announce news any day now on new contracts===or NOT!!!!! APWR is a strong BUY under $5.12 imho………investments never react as you think or study the charts but charts are quite like insiders if you can fiigure out the 50 and 200 day moving averages. Almost like a HISTORY LESSON on charting!
15 Dec
India is starting to make noise in Wind Power and the estimates going forward look good for A Power Energy as India needs new clean power.
The wind energy has proved to be the fastest growing energy sector in the country accounting for nearly 98 per cent of the total FDI investments in the renewable energy sector accounting for 27.89 million dollars out of total FDI investments of 31.56 million dollars in 2007-08, Rajya Sabha was informed today. The FDI investments which was a mere 1.43 million dollars in 2006-07, Minister of State for Renewable Energy Sector Vilas Muttenwar in his written reply said that his ministry had recently announced demonstration programme on generation based incentives (GBI) for grid incentive wind power projects aggregating to 49 MW with the objective of broadening the investors base by attracting IPP as well as FDI who are not in a position to avail accelerated depreciation benefits, he said. The GBI provides for an incentive of 0.50 per unit of power for a period of 10 years eligible grid interactive wind power project promoters. The minister said a target of 10,500 MW has been fixed for 11th five year plan for wind power capacity addition through commerical projects with private sector investments. However state-wise targets had not been fixed for power generation from wind, he said. Giving out target and achievement figures, he said the country had achieved a production of 1,716 MW as against a target of 450 MW in 2005-07, 1,742 MW in 2006-07 as against target of 1,000 MW and 1663 MW compared to the target of 1,500 MW, he said
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