IHS

Ahead of the US Election, Energy Sector Prepares for a Pivot

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The US energy sector has been a rare bright spot through much of the past four years as first financial firms and then the rest of the global economy has struggled to recover from a grinding and often jobless recession.

Statistics about jobs vary, but any region with significant oil or gas resources has noted the uptick in employment in those sectors as development has accelerated. The most recent numbers from Pennsylvania’s Department of Labor and Industry, for example, show core employment in the Marcellus Shale developments in the state up by 177.5% from first quarter of 2009 to the first quarter of 2012, even as the state’s overall employment level has lagged that of the rest of the country. Keep reading →

 /  Published November 5, 2012 at 3:45 PM

Wind Energy in the US: Record Breaking Growth at Risk

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The US wind industry is on track for a record-breaking year. In August, the American Wind Energy Association announced a milestone 50 GW of capacity and installations will this year beat previous records.

Matt Kaplan, US wind analyst at IHS Emerging Energy Research, estimates that 12 GW will be installed this year. Keep reading →

 /  Published September 21, 2012 at 2:00 PM

UK Energy Policy: When Will the Chancellor Listen to Consumers?

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David Cameron’s promise within his first month as UK prime minister to be “greenest government ever” looks at risk of derailment – by his own Chancellor, George Osborne.

Conservatives and Liberal Democrats appeared to carry over the political consensus on action on climate change and a switch to renewable energy. But what began as an ideological rift in the British Cabinet has become a very public clash between the Tory chief at the Treasury and the Lib-Dem boss at the Department of Energy and Climate Change. Keep reading →

 /  Published September 11, 2012 at 8:30 AM

Wind Energy Central to UK Power Supply Outlook

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A windswept archipelago that bears the brunt of Atlantic storms, with a dense and growing population: Britain’s conditions are perfect for an industry with a stable future.

In addition to its natural resources, the UK’s energy economics create good market potential for renewables: high retail electricity prices, Europe-wide natural gas prices of around €15 per mmbtu, energy security concerns, an aging nuclear fleet and environmental restrictions on shale gas. Keep reading →

 /  Published September 10, 2012 at 11:00 AM

Keystone Denial Locks Canadian Crude Into Midwest

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The looming bottleneck for Canadian oil sands crude isn’t getting into the US, it’s getting out of the Midwest.

A panel of energy experts told the Senate Energy and Natural Resources Committee January 31 in Washington, DC that Canadian oil producers won’t run out of pipeline capacity to ship additional crude across the US border until about 2019. Keep reading →

 /  Published February 6, 2012 at 9:15 AM

Bluewater Failure Highlights US Offshore Wind Problems

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The proposed Bluewater wind farm off the coast of Delaware is facing an uncertain future, one that could reflect broader impacts for the still-emerging US offshore wind industry.

The proposed wind farm off the coast of Delaware received a near-fatal blow this week when developer NRG Bluewater Wind said it would withdraw from a power purchase agreement with local utility Delmarva Power that would have given the wind farm a market for 200 MW of its output. Keep reading →

 /  Published December 14, 2011 at 3:00 PM

Wind Rush: Turbine Wars

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Indications that fierce competition in the global wind turbine industry is about to intensify came with news from the world’s largest wind turbine manufacturer. Vestas abandoned its forecast of €15 billion in revenues in 2015 and said that job losses and restructuring will follow instead.

The Danish manufacturer’s third quarter results signal the challenges ahead as established players seek traction in emerging markets to compensate for oversupply, market expansion slows and the US and EU face potential double dip recessions, just as Chinese companies entice overseas customers with knock-down prices. Keep reading →

 /  Published November 18, 2011 at 6:00 AM

Wind Rush: Envisioning A Pivotal Year

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2010 marked a pivotal year both for global turbine manufacturing capacity and installed capacity around the world.

Global wind turbines saw a record 39.9 GW delivered in 2010. Although leader Vestas saw its market share increase to 14.7% last year also marked a shift as Chinese manufacturers increased deliveries. Sinovel, Goldwind, and Donfang have increased their combined market share by nearly 6% annually on average up to 27% in 2010. Keep reading →

 /  Published November 17, 2011 at 2:30 PM

Wind Rush: Europeans Take The Credit

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European wind companies have played a major role in the development of the US wind energy sector, even as shadows loom over the industry and the global economy.

Vestas, the world’s largest turbine manufacturer, clearly has high hopes for its US business, with a market share of 18.7% and room for growth. In recent years Vestas had invested in two blade factories, a nacelle facility and a tower facility in Colorado. It also has R&D hubs in Texas, Massachusetts and Colorado. Keep reading →

 /  Published November 17, 2011 at 6:00 AM

Wind Rush: Asian Typhoon Hits Debt-Crisis Europe

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China’s success in building a domestic wind industry has turned it into a victim of its own success. Domestic and global oversupply has pushed Chinese companies into an aggressive price war that extends the shadow of Solyndra to the wind sector.

Companies from China and other Asian countries such as Japan’s Mitsubishi and South Korea’s Samsung are now reaching previously untapped markets such as Bulgaria, Belarus and Macedonia as well as debt-laden European countries such as Ireland and Greece. Keep reading →

 /  Published November 15, 2011 at 6:00 AM
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