Pattern Energy Acquires 200-MW Logan's Gap Wind Project

Pattern Energy Group (the “Company” or “Pattern Energy”), acquired the 200-MW Logan’s Gap Wind project in Texas, which is currently under construction, from Pattern Energy Group LP (“Pattern Development”). The Company acquired the Logan’s Gap Wind project for a total cash funding commitment of approximately $113 million, a portion of which will be used to pay down construction debt upon the completion of construction. The acquisition will be funded from available cash and credit facilities.

Alstom Partners with NTU Singapore to Develop Microgrid Solution

Alstom, and Singapore's Nanyang Technological University (NTU), collaborated to design, develop and deploy MicroGrid Power Mix Management (MPMM) solution in the context of the Renewable Energy Integration Demonstrator - Singapore (REIDS) initiative. The REIDS initiative, a first in the region will encompass the construction of a microgrid to manage and integrate electricity generated from multiple sources including solar, wind, tidal, diesel, as well as energy storage and power-to-gas solutions.

Utility Business Risk: A Reference

Business Versus Financial Risk: Debt is thought to be less risky than equity because debt holders have priority over equity holders as to: (1) distribution of assets in the case of dissolution of the company; and (2) distribution of earnings in the case of everyday operations.

Regulatory Roundup

2004 FERC roundup: Path 15 Upgrade; Gas Bypass Pipeline; Power Line Communications; Gen Station Power Needs; ISO Retail Service; Renewable Energy Portfolios; Gas Supply Risk; Fuel Cost Hedging; Utility Supply Solicitations; Provider of Last Resort; Coal Seam Gas; Deceptive Marketing Practices; Renewable Portfolio Standards.

InterSolar Summit USA East

During the last years, several East Coast states have become a backbone for the solar industry development of the United States. In view of the fact that the East Coast is still one of the most significant solar hubs for the US solar industry, the organizers are proud to announce the Intersolar Summit USA East, taking place on May 7th, 2015 in Brooklyn, New York.

Coal to the Rescue

A proposal to enhance European energy security.

A proposal to enhance European energy security by lessening dependence on Russian fuel imports – via coal-based production of synthetic natural gas, plus injection of captured CO2 for enhanced recovery of North Sea oil.

Keeping a Lid on Coal Ash

EPA’s rule said to favor repurposing and recycling – over landfills or disposal ponds.

The EPA’s new final rule marks a turning point in the handling of coal fly ash. EPA has tried to balance the needs of utilities with existing coal ash deposits and the needs of communities that are worried that such ponds will leak into waterways, or even worse, burst open and wreak havoc. In the process, it’s pleased few.

Segment and Conquer

To measure efficiency, you needn’t count every customer.

True believers don’t respond much to urging – they will save energy regardless. So why not just ignore them in measuring the success of energy efficiency programs?

Transactions (January 2015)

SunEdison and TerraForm Power agreed to acquire First Wind for $2.4 billion; Emera will sell its 49% interest in Northeast Wind Partners II to First Wind for $223.3 million; Calpine completed its acquisition of Fore River Energy Center from Exelon for $530 million; NorthWestern Energy closed its $900 million purchase of 11 hydroelectric facilities and one storage reservoir from PPL Montana; juwi solar sold ownership interests in a 50-MW solar facility to Dominion; Dominion acquired a 20-MW solar facility from Canadian Solar.