NG now costs roughly same as $15 bl of oil. >210 NG pipeline systems in US. >300K miles of pipe. 1,400 compressor stations. 11K delivery points. 24 market hubs. >400 underground storage facilities. And we're still not prepared for transition from oil.
Iberdrola cancelled 2 wind power projects in PA. 64 turbines total. BP Wind Energy and Sempra to build 140MW wind farm in PA. $300M. Online by yearend. Ever Power Wind Holdings has 30 turbine farm in site prep, ground broken for 17 turbine farm to be online by yearend and another 32 turbine farm now online, all in PA.
E.ON Energy building 125 turbines at 2 farms in IN.
S Cal Ed now says 2.2GW San Onofre nuke will probably stay offline this summer. The Cal ISO working contingency plans to keep the lights on in S Cal.
Pilgrim nuke in Mass current op license weeks from expiring. But they can op past expire as long as it takes NRC to decide on 20-yr extension. Meanwhile, the plant operator sent half of workforce home in labor contract disagreement.
Chu: clean E revolution ripe for US leadership.
Innergex Renewable Energy began ops of 27MW solar farm in Ontario. Solar World modules. $16M/y revs, $142M cost. Comp has 6 more solar projects - total 59MW - submitted to Ontario FIT program. You know, that's pretty far north to make solar feasible, isn't it? But, by those figs, it's maybe a ten-year payout.
Enerfin Energy closed on $250M for 100MW wind farm in Quebec now under constr. 50 Enercon turbines. 18-month build.
Johnson Controls says retrofit biz heating up with energy performance contracting and property assessed clean E (PACE) financing models. PACE adds costs of retro to bldg's property tax for 20 yrs. Didn't fly for residential, but now caught on with commercial property.
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