Are we thinking about energy all wrong?
Green Light For Europe`s Most Advanced Gas Engine Cogeneration Plant
In mid-November, Stadtwerke Kiel gave the go-ahead for the construction of a pioneering gas engine cogeneration plant and commissioned the general contractor Kraftanlagen München (KAM) with the implementation. The cooperation contracts were signed back in August 2015. The power station is scheduled to be connected to the grid in the autumn of 2018. With this project, KAM demonstrates its expertise for innovative power station projects. On 11 November 2016, Stadtwerke Kiel, the German city of Kiel`s public...
Ormat Technologies Announces Closing of a Follow-On Sale of 36.75% Equity Interest in the Second Phase of the Don A. Campbell Geothermal Power Plant to Northleaf for $44.2 million
Ormat Technologies, Inc. (NYSE: ORA) today announced that its wholly-owned subsidiary, Ormat Nevada Inc. (Ormat), closed a follow-on equity transaction with Northleaf Capital Partners (Northleaf). Northleaf purchased a 36.75% equity interest in the second phase of the Don A. Campbell power plant for a purchase price of $44.2 million. The 20.5 MW second phase of the Don A. Campbell geothermal power plant commenced operation in September 2015 and sells its electricity to Southern California Public Power Authority...
Unfinished TVA nuclear plant sold at auction for $111 million
An unfinished nuclear plant in Northeast Alabama has been sold to a D.C.-based developer for $111 million, a fraction of its original cost. Nuclear Development LLC, formed by Chattanooga business mogul Franklin L. Haney, has acquired Tennessee Valley Authority’s (TVA) Bellefonte Nuclear Power plant, an abandoned twin-reactor complex currently occupying 1,600 acres along the Tennessee River. Haney says he hopes to finish the facility, creating 2,000 full-time jobs once both reactors become operational. &ldqu...
Safety fears rock France’s nuclear power base
Nearly a third of France’s nuclear reactors have been shut down by industry regulators as revelations emerge about the supply of sub-standard parts. As investigations into falsified documents and excess quantities of carbon in steel continue, more closures are expected. This is not yet a full-blown crisis for the nuclear industry, but it is putting serious strain on the finances of French nuclear giantEDFand causing electricity price rises across western Europe. It is also very bad news for the climate....
Hybrid Power Plant Combines 3 Clean Energy Sources in One
October 24, 2016 --Enel Green Power North America’s Stillwater plant, outside the desert town of Fallon, Nevada, came online in 2009 as a conventional geothermal plant and later added solar panels. After adding concentrating solar power in 2015, it became the world’s first triple hybrid renewable energy plant. Engineers at the U.S. Department of Energy’sIdaho National LaboratoryandNational Renewable Energy Laboratoryare helping analyze the integration of the geothermal plant with the newer...