Capital Costs

Rio De Janeiro Hoping To Host 2016 Olympic Games

Upstream oil and gas capital costs declined in the first nine months of this year, but this likely precedes another move upward, according to consultancy IHS. The cost of building upstream oil and gas facilities dipped slightly – by less than 1% – between the first and third quarters of 2013, representing the first decline… Keep reading →

Post-Flare Loops Erupt From Suns Surface

The solar industry has been very hot. Record amounts of new solar capacity have been installed over the past two years. The accelerating pace of adoption of solar panels for distributed generation (installed at the point of use, rather than sold into the power grid) and the downward trend of module prices have created exuberance… Keep reading →

HUSUM 2012 Wind Energy Trade Fair

On September 13, 2013, Google announced that it had signed a contract to buy the entire output of the 239.2 megawatt Happy Hereford wind farm that is being developed by Chermac Energy near Amarillo, Texas.  The project is expected to begin operation in late 2014. Undoubtedly, the developer of the facility, Chermac Energy* is pleased to have… Keep reading →

Report Claims 20 Percent Of US's Energy Could Come From Wind Power

The New York State Department of Environmental Conservation (DEC) provides on its web site many claims about the great progress and benefits achieved by promoting and subsidizing wind energy in the state – an initiative kicked off by former Governor Pataki and followed slavishly by each succeeding administration and legislature. Unfortunately, like other promoters of… Keep reading →