First Green Energy Ltd.'s take on the renewable energy industry. This blog focuses on hydroelectric, wind and solar activity relating to innovation, issues and concerns, incentive programs, commercial transactions and topics of general alternative investment interest.
Wednesday, January 12, 2011
St’at’imc, BC Hydro and the Province of BC initial agreement | Local News | Bridge River Lillooet News, Lillooet, BC
Monday, January 10, 2011
Run-of-river projects need to be reconsidered
Thursday, January 6, 2011
China adding 140 GW of hydro by 2015
Wednesday, January 5, 2011
Industry Insight: Hydroelectricity: The Versatile Renewable
http://www.hydroworld.com/index/display/article-display/7205041011/articles/hydro-review/volume-29/issue-1/lead-story/industry-insight_.html
Hoover Dam, on the Colorado River between Nevada and Arizona, impounds water for two powerhouses that provide a total capacity of 2,078 MW. |
The new turbines being installed at the 1,038-MW Wanapum project are fish-friendly and also will increase efficiency by 3 percent per unit over the old turbines. |
Operation of the first of two turbines at Mississippi Lock and Dam No. 2 heralded the opening of the first commercially-operational hydrokinetic station in the U.S. |
Plutonic Power, GE Energy agree to buy 50MW Canadian portfolio
Plutonic Power and GE Energy Financial Services have agreed to buy three of First Solar’s power plants in Ontario, Canada. Permitting for the projects, which have a combined capacity of 50MW, is expected to take place this spring and construction scheduled to start in June.
Tuesday, January 4, 2011
Hydroelectric power could be key to state cutting gas emissions - Framingham, MA - The MetroWest Daily News
Monday, January 3, 2011
CTV - Energy giants take aim at renewables
CTV- RICHARD BLACKWELL
Several of Canada’s largest energy and resource companies are quietly staking out positions in a sector that seems at odds with their usual extractive activities: the renewable power business.
Oil sands, pipeline and coal-power firms are now among the biggest players in renewables, with portfolios of wind, solar, small hydro power and ethanol production that in some cases outpace the holdings of most “pure” green companies.
Environmentalists and small companies in the sector are sanguine about the competitors; they welcome the big firms as a significant source of clout and capital that can add momentum to the shift to renewable energy.
“It reflects the reality of energy in the 21st century,” said Ian Bruce, a climate change specialist at the David Suzuki Foundation. “A lot of the innovation is happening at the small company level and then is getting [moved] up to larger businesses that have the capital to invest more.”
TransAlta Corp. has emerged as the biggest green energy player among the large energy firms. The Calgary-based owner of coal mines and coal- and oil-powered electricity plants already had a substantial portfolio of clean energy assets before it bought Canadian Hydro Developers Inc. last year. But with that acquisition, TransAlta became the biggest wind farm operator in Canada with more than a dozen facilities in Alberta, New Brunswick, Quebec and Ontario. These generate about 1,000 megawatts, almost one-third of the total wind power in Canada.
TransAlta also has more than two dozen hydro electric plants, along with a biomass facility and a geothermal project in the United States. Altogether, renewables make up more than 20 per cent of the company’s energy portfolio.
Pipeline company Enbridge Inc. also has a wide-ranging portfolio of wind farms, waste heat power plants, a geothermal project, and it owns one of the largest operating solar farms in the world, just outside Sarnia, Ont.
Meanwhile, Calgary pipeline operator Fort Chicago Energy Partners recently bought up three small-hydro operations – Swift Power Corp., Pristine Power Inc., and the B.C. hydro assets of Enmax Corp.
Oil sands developer Suncor Energy Inc. has been in the renewable game longer than most of the others, having built its first wind farm almost a decade ago. It now has four operating wind projects, and a fifth in the works, along with a large ethanol plant in Sarnia.
“We think of this as a parallel path to future growth,” said Gordon Lambert, Suncor’s vice-president of sustainability. “We saw renewables starting to emerge as an important part of the energy mix, [and] we viewed our step into the space as an early entry into a diversification of the energy supply system.” Wind and biofuels were chosen because they seemed to be the most commercially viable technologies, he said.
While Suncor plans to add one wind farm a year to its holdings, Mr. Lambert is loath to predict how large a proportion of its business renewables will make up. So much depends on access to power grids, provincial energy rules, and the shape of the still-undefined federal energy strategy.
It makes sense to have a diverse range of companies in the renewable business, he said. “You need to have those entrepreneurial players who are creating new ideas and innovating, then you need the big players for the growth stages of many of these technologies where access to capital is important.”
Small green energy companies agree. “The more that gets done, the better, whether it is by a pure play or by a traditional fossil fuel generator,” said Kent Brown, the former chief executive officer of Canadian Hydro who is now running a startup firm called BluEarth Renewables Inc. “We want to see projects get done and get done successfully.”
Tim Weis, director of renewable energy policy at the Pembina Institute, said the fact that large companies have the resources to shift “big money” into the renewable sector can be very helpful, and if they use their political clout to support it, that’s even better. One concern, however, is that companies may use their clean energy holdings as a token to show they are in game, but not take it seriously. And if government support policies shift to favour big companies – who prefer tax breaks over financial aid – that won’t help, he added.
Some traditional resource firms are just now dipping their toes into the renewable sector. Mining giant Teck Resources Ltd. recently signed a joint venture with Suncor to develop the Wintering Hills wind power project under construction near Drumheller, Alta.
John Thompson, vice-president of technology and development at Teck, said the company is interested in getting involved with clean energy projects in jurisdictions where it has mines – and consequently consumes a lot of power. The power projects may also generate renewable energy “credits” that could offset carbon penalties Teck might face in those jurisdictions.
Teck isn’t completely new to the electricity business, however, Mr. Thompson said. the company has owned a hydro dam in British Columbia since 1954 – it provides power to the company’s smelter in Trail.
Teck will continue to look at possible further renewable projects in British Columbia, Alberta, the United States and Chile, he said, although there aren’t any specific projects on the immediate horizon.
Mr. Thompson said his firm has received no criticism for moving into the renewable power sector, but has been welcomed as a new player and source of investment. “No one has phoned me up and said ‘You’re butting your nose in the wrong place,’” he said.
http://www.ctv.ca/generic/generated/static/business/article1855878.html
When is it right to redevelop hydroelectric sites?
Core Components of the Green Energy Act of Ontario
Ontario Green Energy Act
In 2006, Premier McGuinty set a precedent in North America by introducing the Renewable Energy Standard Offer Program - the most progressive green energy initiative in more than twenty years.
In that same year the Ontario Power Authority began work on the Integrated Power System Plan – a 20-year plan that will determine how Ontario’s electricity system will evolve.
A great start. But not enough to get us where we need to go.
We need the Ontario Green Energy Act to propel Ontario into a leadership position in renewable energy, to reduce our pollution and greenhouse gas emissions, to create meaningful jobs for Ontarians and to enhance community economic development for rural, remote and First Nations communities.
Ontario Bill 150, Green Energy and Green Economy Act, 2009
Bill 150 was tabled at the Legislative Assembly of Ontario on February 23, 2009 and passed into law on May 14, 2009.
Official Liberal Party of Ontario Website for Ontario's Green Energy Act
Ontario's governing Liberal party has created a website providing explanation and information on their proposed Green Energy Act. Find it here.
Green Energy Act Introduction Testimonials - February 2009
Read what's being said about the tabling of the Green Energy Act by the Government of Ontario.
Green Energy Act Executive Summary
The Ontario Green Energy Act will make Ontario a global leader in the development of renewable energy, clean distributed energy and conservation - creating thousands of jobs, economic prosperity, energy security, and climate protection.
On December 10th at Queens Park in Toronto, a proposed draft of the Ontario green energy act was released titled: "An Act Granting Priority to Renewable Energy Sources to Manage Global Climate Change, Protect the Environment and Streamline Project Approvals". The draft will be under constant revision so please read it and send us your feedback.
Core Components of the Green Energy Act
The ten key points that define the goals of the Ontario Green Energy Act.
Sustainable energy unplugged: Making the connection
Getting connected to the electricity grid is proving a formidable problem for sustainable energy generators. A green energy act would oblige utilities to connect renewable energy.
Ontario’s Renewable Energy Standard Offer Program (RESOP) was the most progressive green energy initiative in North America for more than twenty years.
http://www.greenenergyact.ca/Page.asp?PageID=1224&SiteNodeID=202&BL_ExpandID=44
Ontario Waterpower Association's view
Renewable Energy
Waterpower: Ontario's primary source of renewable energy
Today, Ontario's waterpower resources comprise about 26% of the province's energy supply-with an installed capacity of 8,150 Megawatts. Nuclear power accounts for 41%, fossil fuels (coal, gas, oil) for 32%, and other renewables (wind, solar etc.) for 1%.
An Energy-efficient Source of Electricity
- The average facility converts energy to electric energy at a rate of between 75% and 95%.
- A typical waterpower generating facility has a long life cycle of between 75 and 100 years.
- The average energy payback ratio (energy required vs. energy produced) is by far the highest among all sources.
- Relative to other sources, the production of waterpower could be considered a form of energy conservation.
A Province Rich in Water Resources
- Ontario has more than 250,000 lakes and tens of thousands of kilometres of rivers and streams.
- About 50 systems support all of Ontario's waterpower production. Fewer than a dozen account for more than eighty percent.
- Niagara Falls comprises almost a quarter of the installed capacity.
- Waterpower facilities are located within 10 km of every major town and all cities in north-western Ontario.
Realizing the Potential for Clean, Renewable Waterpower
- An inventory of waterpower potential in Ontario identified 2,000 sites with basic hydraulic conditions (regularly flowing water and change in elevation) to produce waterpower energy.
- Just 200 sites have been developed in the last century.
- Distance to the transmission grid, other natural resource values, and the demand for renewable energy are important factors in realizing waterpower potential.
Sustainable Energy: an Asset for the Future
- Like other natural resources, Ontario's waterpower resources must be managed and developed to meet present needs and anticipate the requirements of future generations.
- The waterpower potential that remains in Ontario should be treated as an asset that can continue to contribute energy, now and in the future.
- Acknowledging and protecting this potential will increase our energy options for the future.