Nexant Sees Bright Future for African Petrochemical Sector

As the petrochemical industry intensifies its global search for new chemical feedstock sources, a growing number of companies are looking closely at Africa’s largely underdeveloped and potentially vast hydrocarbon and mineral resources as an alternative source of supply. In a soon-to-be-initiated study—The African Petrochemical and Fertilizer Industry:... 

We Energies Submits Application for Columbia County Wind Project

We Energies filed an application today with the Public Service Commission of Wisconsin (PSCW) for authorization to build the Glacier Hills Wind Park. The proposed wind park would be located in the towns of Randolph and Scott in northeast Columbia County — approximately 45 miles northeast of Madison. Current plans call for the project to consist... 

Beware of Vampires at All Times Not Just at Halloween

They’re called vampire electronics, they suck energy even when turned off and can drive up the energy bills of unwary consumers. Although this eerie-sounding term can result in chilling home energy bills, the solution is not that scary. To keep energy bills down and consumption in check, the key is to identify the electronic culprits and drive... 

GE Helps Commercialize Electric Car with Sixth Investment in Battery Manufacturer A123Systems

GE is recharging the electrification of transportation by making its sixth equity investment in lithium-ion battery manufacturer A123Systems. GE invested $30 million in A123’s $102 million Series E financing, making it the battery manufacturer’s largest single cash investor – at 9 percent ownership. The investments were made by GE Commercial Finance... 

NEMI and Aviva to merge, creating a growth-oriented international coal and energy business.

NEMI Northern Energy & Mining Inc. and Aviva Corporation announce that they have entered into a merger implementation agreement to combine the businesses of the two companies to create a new growth-oriented international coal and energy group. The combined entity will provide investors with exposure to operating and development stage assets across... 

BP Announces Full Commercial Operation of Wind Farm in Texas

BP Wind Energy announced full commercial operation of phase I of the Sherbino Wind Farm in Pecos County, west Texas. The first 150 megawatts (MW) of the project, which has a potential capacity of 750 MW, has been built through a 50-50 joint venture agreement with Padoma Wind Power LLC, a wholly owned subsidiary of NRG Energy, Inc. Phase I of the project... 

Horizon Wind Energy Inaugurates its 13th Wind Farm in the U.S.

Horizon Wind Energy, LLC, a leading wind energy company, owned by EDP Renovaveis, the 4th largest wind energy player in the world, announced today that it will start producing clean, renewable energy, this week, at its Rattlesnake Road wind farm in the State of Oregon. Located in Gilliam County, Rattlesnake Road Wind Farm has an installed capacity of... 

Exelon Recognized for Sustainability and Climate Change Leadership

In recognition of Exelon Corporation’s leadership in disclosing climate change risks and opportunities, the Carbon Disclosure Project (CDP) ranked it the top U.S. utility on the 2008 Carbon Disclosure Leadership Index (CDLI). This is Exelon’s fourth consecutive year on the CDLI. In addition, the company recently was included in the Dow Jones Sustainability... 

Hybrid Vehicles And The Cost Of Going Green

Hybrid vehicles reduce America’s dependence on foreign oil and minimize emissions from greenhouse gases. But it’s still a question whether they save money in the long run. The answer: maybe. Some models achieving well over 40 miles per gallon cost thousands more than equivalent gas models, which get 30 miles per gallon. Even with gas prices... 

Terasen Gas receives BCUC approval to lower natural gas commodity rates

Terasen Gas has received approval from the B.C. Utilities Commission (BCUC) to lower natural gas commodity rates for the majority of customers in B.C. The rate decreases will take effect October 1, 2008. “In response to changing market prices since our rate filings with the BCUC last week, we have updated our applications, requesting lower commodity...