FERC has authorized Cameron LNG’s $10B natural gas liquefaction and export project, the second LNG export proposal to receive final FERC approval after conditional DOE approval. On June 19, 2014, the Federal Energy Regulatory Commission (FERC) authorized Cameron LNG LLC, a subsidiary of Sempra Energy Corp, to construct and operate a natural gas liquefaction and… Keep reading →
One criticism of wind and solar power is their lack of reliability. Both depend on the weather for energy production and any change in weather affects their ability to produce electricity. In many regions, wind has the added liability of producing power when it is least needed. To solve this challenge, some suggest pairing standby generators with wind and solar farms so continuous power can be produced. Under this scheme, proponents argue that standby generators should be capable of varying its output to assure continuous energy production.
Varying output is called load following or turn down. The physical objective is to throttle back power generation to response to changing demands. The financial objective is to turn down without increasing fuel consumption on a unit basis. The environmental objective is to minimize air pollution, specifically carbon. Keep reading →
GE’s energy investment arm has more than doubled its global solar power investment commitments since early 2011. The company recently reached $1.4 billion in cumulative solar investment, and has enabled nearly $5 billion in solar project value.
“We continue to seek to invest in the best solar power projects – with solid partners, power contracts and proven technology,” says Kevin Walsh, Managing Director and leader of power and renewable energy at GE Energy Financial Services. Keep reading →
