Tag: Wind
Alberta renewable auction sets Canadian record at 3.7 cent per kw/h average
By 2030, program expected to attract at least $10 billion of investment Three companies have been chosen in the opening round of the Renewable Electricity Program, which will result in about $1 billion of private-sector investment in green power generation in Alberta. The successful bids have set a record for the lowest renewable electricity pricing […]
Statoil installing intelligent battery system named ‘Batwind’ for world’s first floating wind farm
Batwind battery will make decisions based upon real-time data to determine when to hold electricity, when to send to grid Hywind Scotland, the world’s first floating wind farm, will install a 1MW battery system called “Batwind” that it hopes will maximize the value of the project’s electricity, according to a press release from project owner Statoil. “As part […]
Natural gas power generation share grew for decade in Southern states as coal declined
Texas and Oklahoma in region with some of country’s best wind resources Coal’s share of total electricity generation in the South declined over the past decade, from 50 per cent in 2006 to 29 per cent in 2016, according to the U.S. Energy Information Administration.As the use of coal has declined, the use of natural gas […]
Wind on track to become number one electricity source for Europe
Wind could reach 30% power for Europe, reach installed capacity of 323 GW by 2030 Wind energy is set to become the leading source of electricity in the EU soon after 2030. This is according to the latest report from the International Energy Agency (IEA), ‘World Energy Outlook (WEO) 2017. “Wind energy is now firmly […]
Artificial Intelligence boosts efficiency for solar and wind
Autonomous drones with real-time artificial intelligence-supported analysis will inspect wind turbines and solar panels Artificial intelligence (AI) will increasingly automate operations over the next several years in the solar and wind industries and boost efficiencies across the renewable energy sector, according to a new DNV GL position paper. The position paper “Making Renewables Smarter: The […]
Chile tender sets new record low for wind, solar power generation tender
Tender is a 75% drop from peak of $130/MWh of 2013 tenders Verano Capital, an American project developer headquartered in Santiago, announced the 47 MW solar project they initially developed was selected in Chile’s latest energy tender with a winning bid at 25.38 $/MWh, the lowest 24/7 block price combining solar and wind ever recorded in the […]
Wind turbine heights and capacities have increased over past decade
Five states combined produced 55% of total U.S. wind electricity generation in 2016 Wind turbines in the United States have grown in both average heights and capacity over the past decade, according to data on utility-scale electricity generators collected by EIA. Wind turbine capacity is based largely on the length of the blades, and taller turbines are […]
Wind leading the renewable energy charge -GWEC
Wind Power leading the charge to drive out fossils With over 500 GW installed worldwide, wind power has become the leading source of new power generation in Europe and in many countries around the world, according to a press release from the Global Wind Energy Council (GWEC). In 2016 alone $112.5 billion were invested in […]
Aging US wind driving surge in operating and maintenance spending – IHS Markit
First 10 years of wind turbine’s operations, costs average between $42,000 and $48,000 per MW The North American wind energy market is aging—the majority of installed wind-turbine equipment averages more than five years in age, and operations and maintenance (O&M) expenses cost the industry $3 billion to $4 billion annually, according to a study by IHS […]
Repowering wind turbines adds generating capacity at existing sites
Annual U.S. wind repowering investment has potential to grow to $25 billion by 2030 Repowering older wind turbines, which involves replacing aging turbines or components, is becoming more common in the United States as the turbine fleet ages and as wind turbine technology advances, according to the U.S. Energy Information Administration. Newer turbines tend to […]
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