Mostrando entradas con la etiqueta GE. Mostrar todas las entradas
Mostrando entradas con la etiqueta GE. Mostrar todas las entradas

domingo, febrero 10, 2008

EUROASIA: Turkey embraces wind power

In an era of record high oil prices, many countries increasingly are turning to alternative fuels, including biofuel, solar energy and wind power. This pattern is typically pronounced in Turkey, forced to import more than 90 percent of its energy needs, with energy suppliers that are not only expensive, but erratic.

In 2006, Turkey spent $29 billion on energy imports, primarily from Saudi Arabia, Iran, Iraq, Syria and Russia. High prices and fickle suppliers have stimulated Turkey's growing interest in wind power.

Turkish interest in alternative fuels has been spurred by recent events. Turkish natural gas imports come primarily from Russia via the South Stream pipeline and Iran. On Dec. 31, Turkmenistan halted its deliveries of natural gas deliveries to Iran, citing the need for urgent pipeline repairs. The cutoff subsequently forced Iran to reduce its gas exports to Turkey by 75 percent, from 20 million cubic meters to 5 million cu. m., as inclement weather increased domestic demand, disrupting Iran's domestic gas distribution. Tehran subsequently claimed that Turkmen action was, in fact, a retaliatory move over proposed price increases. Iran then stopped shipments completely Jan. 8, leading Ankara the next day to halt the flow of Azeri gas to Greece because of the suspension of gas supplies from Iran.

Turkey is Iran's sole export market for natural gas, but the relationship has not been smooth, again due to disputes over price. The Turkmen incident had a feeling of deja vu, as in January 2006 Iran halved its supplies of natural gas to Turkey to around 7 million cubic feet per day, citing "climactic conditions" and increased domestic need, while in December 2006 it temporarily shut off supplies completely.

During the most recent dispute, Turkey turned to Russia with a request for additional natural gas supplies, but was rebuffed. Instead, Moscow also reduced exports, citing severe weather. As natural gas powers half of Turkey's power stations, state pipeline company Botas was forced to tap reserves in its gas depot near Silivri, Turkey's sole gas-storage facility.

The incident has provided further incentives to Turkish efforts to seek alternatives. A measure of Ankara's determination to free itself from the grip of avaricious, erratic energy suppliers is a dramatic rise in governmental interest in wind power, which is illustrated in government figures. While in 2006, wind power in Turkey generated 19 megawatts of electricity, last year Turkey's 10 wind farms produced nearly 140 megawatts, a 736 percent increase.

Turkey's interest in renewable energy dates back to 2005, when the Turkish Grand National Assembly passed a renewable energy law harmonizing government legislation with European Union legislation to support renewable sources, including wind power. The new law provided a government guarantee to purchase electricity at a set price for seven years.

Marmara University Energy Department Associate Professor and World Wind Energy Association Vice President Tanay Sidki Uyar recently said that if Turkey properly developed all of its renewable energy potential resources, including solar, wind, hydroelectric and geothermal power sources, the country could become self-sufficient in energy. Uyar told RenewableEnergyAccess.com, "Wind power could supply Turkey's electricity needs twice over within five to 10 years if the government had the political will to develop this sector." Uyar added, "We have terrific geographic conditions for solar and wind power in Turkey. Exploiting it is already economically and technically possible, but the problem is that the government favors fossil fuels and nuclear energy."

Epitomizing Ankara's determination to become energy self-sufficient is a contract signed last July with General Electric for 52 of its latest generation of wind turbines with a generating capacity of 2.5 megawatts apiece. The GE 2.5xl is the largest GE wind turbine available for onshore applications and is specifically designed to meet EU requirements, where the relative lack of available land is a significant constraint on project size. While previous wind park projects were primarily situated in Turkey's western regions and the Aegean coast, the 130-megawatt GE wind power project in southeastern Turkey will be the world's largest installation of GE latest 2.5xl wind turbine technology and will more than double Turkey's installed wind capacity.

Turkey is not limiting itself to U.S. suppliers; on Jan. 30, Turkey's Rotor Energy Co., a subsidiary of Zorlu Energy, signed a contract with Ecosecurities to build a wind power plant in the southern province of Osmaniye. The Osmaniye facility, scheduled to come online in 2009, will initially generate about 135 megawatts daily, with an annual capacity of 500,000 megawatts.

Ankara is not moving on the issue as swiftly as alternative energy advocates would like, however; proposals to build wind farms with a total operating capacity of 8,000 megawatts is still awaiting government approval. Ankara has already issued about 40 licenses for wind parks, each with an installed 20-60 megawatt capacity.

The future looks bright for alternative energy companies, as the Turkish government intends to privatize a significant proportion of the country's primarily state-owned energy and gas supply companies over the next few years. Given the "pipeline politics" that Turkey has recently endured with its fickle natural gas suppliers Russia and Iran, Ankara's move toward alternative energy makes both fiscal and ecological sense.



Source: United Press International |by John C.K. Daly

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miércoles, septiembre 19, 2007

ASIA: Solar energy in Uzbekistan

An era of record-high oil prices topping $80 a barrel has left investors and nations scrambling to develop alternative sources of energy. The theoretical annual potential of solar power is estimated to exceed all fossil fuels reserves by more than 10-20 times.

In Central Asia, solar power is receiving renewed attention, particularly in Uzbekistan, with a population of 26 million.

Besides a climate suited to solar power, Uzbekistan brings advantages to the table, including a longstanding interest in generating power from sunlight, an advanced industrial base and a highly literate, hard-working population. Since 1965, the Uzbek Academy of Sciences has published the quarterly journal Geliotekhnika ('Applied Solar Energy,') the former Soviet Union`s sole scientific publication devoted to solar power. Topics covered range from solar radiation, photovoltaics and solar materials to direct conversion of solar energy into electrical power.

The technical potential of solar energy in Uzbekistan is immense and is estimated to exceed by 400 percent the country`s annual energy needs of 65 million tons of oil equivalent. The problem for Uzbekistan, as with many alternative energy sources, is the relatively high start-up costs.

Initial projects have been modest in scope, with a major effort being made to develop solar-powered hot-water supply systems for use in such enterprises as agricultural hothouses, cattle farms and the drying and canning of fruits and vegetables.

Officials in Tashkent have been busy searching out funding for solar projects from a variety of sources, including the United Nations. Under a grant from the U.N. Development Program, scientists of the Uzbek Physical and Technical Institute and Agency for Technology Transfer have instituted the 'Pure Energy for Rural Communities in Karakalpakstan' project, which allowed specialists at Uzbekistan`s 'Foton' Plant to produce 25 photoelectrical systems for supplying the people of the Aral Sea region with electricity and hot water in the designated Ayazkala tourist complex, which uses solar photovoltaic batteries to supply the facility with energy and desalinated drinking water.

Uzbekistan has also sought cooperation with foreign specialists from countries including Israel, Denmark and Japan through its 'Physics-Sun' Scientific Industrial Association. Currently operating solar facilities include a 'Big Solar Stove' located in Parkent`s Materials Science Institute with a generating capacity of 1 megawatt.

Uzbekistan is on the crest of a development wave in alternative energy sources, as high energy prices are driving many nations to consider solar power. In March, Portugal opened the world`s largest solar power plant in Serpa. The $109 million 11-megawatt facility, a joint GE Energy Financial Services, PowerLight Corp. and Catavento project containing 52,000 photovoltaic modules, sprawls across a 150-acre site 124 miles southeast of Lisbon and produces 40 percent more energy than Germany`s Gut Erlasse solar plant, the world`s second largest. Environmentally friendly, the Serpa facility is capable of generating 20 gigawatt-hours of power per year and will produce sufficient power for 8,000 residences as it replaces fossil-fuel fired plants that would otherwise emit 30,000 tons of greenhouse gases annually.

Uzbekistan is pressing forward with bringing together solar specialists from around the world to share ideas on research on solar power. Later this month the 'Physics-Sun' Scientific Industrial Association is holding an international conference covering collateral solar issues of magnetism and superconductivity in the Academy of Mamun in Khiva. The Uzbek government, the Uzbek Academy of Sciences and Cambridge University are sponsoring the seminar, which is expected to bring together 120 participants from 70 nations.

Uzbekistan also has a potential partner in developing its burgeoning interest in solar -- its rising trade partner China. In 2006 China passed the United States to become the world`s third-largest producer of solar panels, behind Germany and Japan. While the costs of polysilicon, the chief material in photovoltaic solar panels, remains high, some specialists estimate that costs could fall 40 percent in the next few years as purified polysilicon production is boosted by more than a dozen companies in Europe, China, Japan and the United States, with many analysts speculating that China, with its industrial base and lower labor costs, will quickly develop a commanding lead in the field. Chinese solar-cell makers already export 90 percent of their output to Germany, Japan the United States and other countries, surging a ten-fold increase in prices for polysilicon to $200-300 per kilogram. Chinese-Uzbek trade has similarly expanded; during January-July 2006, the volume of bilateral trade soared to $659 million, a 62.6 percent gain from the same period in 2005.

Sad to say, there seems to be a nexus between energy and terrorism, and the issue has even indirectly touched Uzbekistan`s growing interest in solar power. On Aug. 15 German authorities arrested Tolga Durbin, a 29-year-old German of Turkish descent, and charged him with incitement to violence after his deportation from Pakistan, where on June 10 he was arrested on the Iranian-Pakistani frontier. Durbin, born in Turkey, introduced his friend Fritz Gelowicz, whom he knew from working in Gelowicz`s father`s solar heating firm in Ulm, to radical Islam. On Sept. 4 Gelowicz along with German Muslim convert Daniel Martin Schneider and Turkish citizen Adem Yilmaz were taken into custody. German authorities allege that the men were members of the anti-Uzbek Islamic Jihad Union and received terrorist training in Pakistan, after which they returned to Germany and procured 1,500 pounds of hydrogen peroxide to fashion into explosives to attack U.S. military installations in Germany.

Both terrorism and renewable energy resources are global problems. Power generation can in itself be a tool to combat terrorism, as it produces a rising standard of living for those with access to it. As the world searches for acceptable alternatives to increasingly expensive fossil fuels, nations previously seen as marginal players in the global energy market will increasingly come to the fore. Given its expertise and abundant sunshine, the future of Uzbek solar power looks bright indeed.

Via|Monster & Critics News | by John C.K
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lunes, abril 30, 2007

GLOBAL WARMING: Is An Alternative Energy Bubble On the Horizon?

by Abbi Adest


With Al Gore's 'An Inconvenient Truth' sweeping Hollywood and monster storms swamping coastlines, global warming is nearly impossible to ignore anymore. Add to this perennial Middle East tensions and peak oil fears and you've got the perfect recipe for a looming energy crisis. How do we save the world and still live our energy-dependent, modern lifestyles? Many corporations, venture capitalists and individual investors believe that cleantech is the answer.

The New York Times reports today about a new study on the state of the cleantech investment. The report, published by Lux Research, focuses on start-ups, IPOs and M&As. The following are key points from the report:


  • Cleantech has captured the imagination of government, corporate, and financial leaders. George Bush's 2007 State of the Union address emphasized alternative energy and action against climate change; CEOs at firms from GE (GE) to BP (BP) to Toyota (TM) tout their new revenue streams from cleantech; and bellwether venture capitalist John Doerr calls cleantech "the largest economic opportunity of the 21st century."
  • The warning signs of a bubble are appearing in the energy segment, where IPO value rose from $1.6 billion in 2005 to $4.1 billion in 2006 and venture capital raised went from $623 million to $1.5 billion, primarily on solar and biofuel deals. With 930 energy start-ups operating worldwide - 198 of which are venture-funded - energy technology looks primed for a classic private equity boom and bust.

  • At the same time, the air, water, and waste segments present hidden opportunities that are relatively starved for investment. For example, the waste segment accounted for 32% of M&A value last year but only 1% of IPO value and 4% of venture capital.


  • Total cleantech R&D funding hit $48 billion in 2006, with energy claiming the lion's share. Of this, government funding totaled $24 billion in 2006 with energy taking 57%; corporate R&D spending hit $22 billion in 2006 with energy accounting for 55%; and cleantech venture capital [VC] totaled $2.04 billion in 2006 to reach a cumulative total of $6.06 billion since 1995. VC money has been highly concentrated:

    Since 1995, the top 10% of venture-funded start-ups have received 39% of cumulative capital deployed.

  • Approximately 1,500 cleantech start-ups operate worldwide - 930 in energy, 45 in air, 90 in water, 120 in waste, and 315 in sustainability. Regionally, there are 1,020 in the U.S., 225 in Europe, 180 in Asia/Pacific, and 75 elsewhere. Of these, 356 - 23% - have received some institutional venture capital funding.
  • 30 cleantech initial public offerings [IPOs] occurred in 2006, worth $4.4 billion - up sharply from 19 deals at $1.7 billion in 2005. Energy accounted for 92% of deal value; Europe claimed 63% on a few large deals. U.S. exchanges have lost their lead in cleantech offerings; more IPOs by value have occurred on European exchanges than U.S. ones since 2005.

  • 59 cleantech merger and acquisition [M&A] deals occurred in 2006, worth $4.2 billion. In contrast to IPOs, M&A value was more evenly distributed with 43% in energy, 32% in waste, 17% in water, 8% in sustainability, and 1% in air.





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    miércoles, febrero 14, 2007

    Empresas se unen por el desarrollo mundial

    Un grupo de 12 líderes empresarios se reunió la semana pasada en Génova para anunciar un plan por medio del cual extenderán las operaciones de sus compañías en países en vías de desarrollo. "Statement of Intent for Doing Business with the World" es el título del documento que da cuenta de la intención de estas empresas de ir más allá de la filantropía y buscar modelos de negocios responsables, sustentables e inclusivos que sean buenos para sus compañías y para el desarrollo de las comunidades. Algunas de las organizaciones miembro son ABN Amro, GE, Vodafone, Toyota, Unilever y Statoil.

    Las empresas que participan, todas miembro del World Business Council on Sustainable Development y del Focus Area Core Team (FACT), afirmaron que su objetivo es jugar un rol importante en "la construcción de capacidades en la gente de forma tal que tengan la oportunidad de salir de la pobreza para ingresar en el sistema de economía formal". A través de las nuevas acciones se crearán nuevos emprendimientos, nuevos mercados, nuevos proveedores así como nuevos empleados y clientes.

    "Para que estos esfuerzos sean sustanciales y sustentables, también deben ser rentables", declaró el grupo. Por eso, la mayor contribución de las empresas tiene que estar relacionada con sus negocios.

    Para que los negocios funcionen, la economía debe ofrecer un marco de confianza que permita su crecimiento y desarrollo. Por eso, la idea es que las empresas, los gobiernos y la sociedad civil se unan para lograr un mercado global justo y competitivo que no sea discriminatorio, un marco legal justo y efectivo, el apoyo a pequeñas y medianas iniciativas y la inversión en infraestructura.

    La lista de empresas participantes del grupo es la siguiente: ABN Amor, AES Corp, Anglo American, BP, ERM, Eskom, GE, GrupoNueva, Statoil, Toyota, Unilever y Vodafone.

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