RNS Number : 9963D
Origin Energy Finance Limited
23 May 2012
ASX/Media Release
24 May 2012
Australia Pacific LNG secures US$8.5 billion in project finance
Origin Energy Limited (Origin) has announced that Australia Pacific LNG Pty Limited (Australia Pacific LNG) has signed agreements with a syndicate of domestic and international commercial banks and export credit agencies for an US$8.5 billion project finance facility.

Grid operator National Grid has been appointed delivery body for the government's much anticipated energy bill, which has released in draft yesterday.

National Grid will administer the government's two new market mechanisms aimed to provide new investment in low carbon generation - feed-in tariffs with contracts for difference and a capacity mechanism (see box). National Grid will also provide analysis for the government to make decisions over energy projects.

The Corinth wind farm, with an installed capacity of 27 MW, will produce 57 million kWh annually

The Kourtesi II photovoltaic plant, located in the Ilia region, in the Peloponnese, has just started operations. With an installed capacity of 4.8 MW, the plant is expected to generate 6.15 million kWh of power per year.

ON May 9 the Queen's Speech set out the various Bills that the Government intends to introduce for the 2012-13 parliamentary session. The Queen's Speech emphasised that the Government's first priority will be to reduce the deficit and restore economic stability.

ON May 9 the Queen's Speech set out the various Bills that the Government intends to introduce for the 2012-13 parliamentary session. The Queen's Speech emphasised that the Government's first priority will be to reduce the deficit and restore economic stability.

BHUBANESWAR, May 21 -- After the power cut decision, comes the balm from the Government. The power distribution companies have been directed by the State Government to defer regulation of power during daytime in view of the torrid heatwave conditions in the State.

TESTIMONY-BY: HAL SALWASSER, CHERYL RAMBERG AND ALLYN C. FORD DEAN

AFFILIATION: OREGON STATE UNIVERSITY

Statement of Hal Salwasser Cheryl Ramberg and Allyn C. Ford Dean College of Forestry Oregon State University

Committee on House Natural Resources Subcommittee on National Parks, Forests and Public Lands

May 21, 2012

Mr. Chairman and Members of the Committee:

I am Hal Salwasser, Cheryl Ramberg and Allyn C. Ford Dean of the College of Forestry at Oregon State University. I testify today as a private citizen, with over 20 years of experience with the US Forest Service, starting as a wildlife ecologist in California and culminating as a Senior Executive. I was the Director of New Perspectives and Ecosystem Management in the Washington Office, Regional Forester in the Northern Region and Director of the Pacific Southwest Research Station in California. In my latter two roles I provided executive guidance to the Interior Columbia Basin Ecosystem Management Project and the Framework for Revising National Forest Plans in the Sierra Nevada. During the first decade of the 21st century, I served on the National Commission on Science for Sustainable Forestry and was chair from 2003-2005. I have been Dean at OSU since 2000.

The country's biggest energy users have accused the Australian Energy Regulator of failing to properly ­compare public and private network companies to help ease the pressure on rising electricity prices.

ENP Newswire - 21 May 2012

Release date- 17052012 - RICHLAND, Wash. - Northwest ratepayers became the beneficiaries today of a nuclear fuel purchase agreement that will generate $ 80 million in rate case savings from 2014 to 2017 and potentially many millions more in savings through 2028.

HOUSEHOLD electricity bills will rise by as much as a quarter to pay for wind farms and other "green" energy sources, a report claims.

SENATE COMMITTEE ON ENERGY AND NATURAL RESOURCES HOLDS A HEARING ON MARKET-ORIENTED STANDARDS FOR CLEAN ELECTRIC ENERGY GENERATION

MAY 17, 2012

SPEAKERS: SEN. JEFF BINGAMAN, D-N.M. CHAIRMAN SEN. RON WYDEN, D-ORE. SEN. TIM JOHNSON, D-S.D. SEN. MARY L. LANDRIEU, D-LA. SEN. MARIA CANTWELL, D-WASH. SEN. DEBBIE STABENOW, D-MICH. SEN. JEANNE SHAHEEN, D-N.H. SEN. MARK UDALL, D-COLO. SEN. AL FRANKEN, D-MINN. SEN. JOE MANCHIN III, D-W.VA. SEN. CHRIS COONS, D-DEL.

SEN. BERNARD SANDERS, I-VT.

ALTERRA POWER CORP ("AXY-T") - Acquires Wind Development Assets in British Columbia

Alterra Power Corp. is pleased to announce that it has entered into an agreement to acquire a portfolio of wind development assets at four sites in coastal British Columbia from a group of sellers led by English Bay Energy Limited. Highlights of the portfolio include: //st

TSX : AXY

VANCOUVER, May 18, 2012 /CNW/ - Alterra Power Corp. (TSX: AXY) is pleased to announce that it has entered into an agreement to acquire a portfolio of wind development assets at four sites in coastal British Columbia from a group of sellers led by English Bay Energy Limited. Highlights of the portfolio include:

Following the revelation that new laws will lead to increased electricity bills by over £200 per year, consumers are expected to rush to price comparison websites, such as comparethemarket.com, in a bid find savings.

SENATE COMMITTEE ON ENERGY AND NATURAL RESOURCES HOLDS A HEARING ON MARKET-ORIENTED STANDARDS FOR CLEAN ELECTRIC ENERGY GENERATION

MAY 17, 2012

SPEAKERS: SEN. JEFF BINGAMAN, D-N.M. CHAIRMAN SEN. RON WYDEN, D-ORE. SEN. TIM JOHNSON, D-S.D. SEN. MARY L. LANDRIEU, D-LA. SEN. MARIA CANTWELL, D-WASH. SEN. DEBBIE STABENOW, D-MICH. SEN. JEANNE SHAHEEN, D-N.H. SEN. MARK UDALL, D-COLO. SEN. AL FRANKEN, D-MINN. SEN. JOE MANCHIN III, D-W.VA. SEN. CHRIS COONS, D-DEL.

SEN. BERNARD SANDERS, I-VT.

SEN. LISA MURKOWSKI, R-ALASKA RANKING MEMBER SEN. JOHN BARRASSO, R-WYO. SEN. JIM RISCH, R-IDAHO SEN. DAN COATS, R-IND. SEN. MIKE LEE, R-UTAH SEN. RAND PAUL, R-KY. SEN. BOB CORKER, R-TENN. SEN. JOHN HOEVEN, R-N.D. SEN. ROB PORTMAN, R-OHIO SEN. DEAN HELLER, R-NEV.

The re-emergence of natural gas as the preferred fuel source for power generation is having a significant knock-on effect for power and utilities M&A activity according to the Ernst & Young Power Transactions and Trends report, released today. The combination of continued economic uncertainty, tightening financial markets and disparity in global gas pricing has resulted in Q1 2012 total deal volume falling 30% from Q4 2011 and a 16% drop in corporate deal volumes year-on-year.

JACKSONVILLE ELECTRIC AUTHORITY MANAGING DIRECTOR, CHIEF EXECUTIVE OFFICER MR. JAMES DICKENSON, PREPARED TESTIMONY BEFORE THE SENATE ENERGY AND NATURAL RESOURCES COMMITTEE HEARING ON THE CLEAN ENERGY STANDARD ACT OF 2012, AS RELEASED BY THE COMMITTEE

MAY 17, 2012

SPEAKER: MR. JAMES DICKENSON MANAGING DIRECTOR, CHIEF EXECUTIVE OFFICER JACKSONVILLE ELECTRIC AUTHORITY [*]

DICKENSON: My name is James A. Dickenson. I serve as Managing Director & CEO of JEA, a municipally owned electric, water and sewer utility located in Jacksonville, Florida. JEA is a not-for-profit, community-owned utility with an electric system that serves more than 400,000 northeast Florida customers in Duval and three adjacent counties. Thank you for allowing me to testify today on behalf of JEA and its customers. JEA is also a member of the Large Public Power Council (``LPPC``), an association of 23 of the nation`s largest municipal and state-owned utilities, American Public Power Association (``APPA``), a service association for the nation`s more than 2,000 community-owned electric utilities, and Florida Municipal Electric Association (``FMEA``), an association of 34 public power communities in the state of Florida. Our commitment is to provide highly reliable, reasonably priced and environmentally responsible electric service to our citizen-customers.

AMERICAN IRON AND STEEL INSTITUTE PRESIDENT AND CEO MR. THOMAS GIBSON, PREPARED TESTIMONY BEFORE THE SENATE ENERGY AND NATURAL RESOURCES COMMITTEE HEARING ON THE CLEAN ENERGY STANDARD ACT OF 2012, AS RELEASED BY THE COMMITTEE

MAY 17, 2012

SPEAKER: MR. THOMAS GIBSON PRESIDENT AND CEO AMERICAN IRON AND STEEL INSTITUTE

[*]

GIBSON: Chairman Bingaman, Ranking Member Murkowski, and members of the Committee, thank you for your invitation to appear today. I am Tom Gibson, President and CEO of the American Iron and Steel Institute. AISI serves as the voice of the North American steel industry and is comprised of 25 member companies, including both integrated and electric arc furnace steelmakers. Our member companies represent over three quarters of both U.S. and North American steel capacity.

RESOURCES FOR THE FUTURE RESEARCH DIRECTOR AND SENIOR FELLOW DR. KAREN PALMER, PREPARED TESTIMONY BEFORE THE SENATE ENERGY AND NATURAL RESOURCES COMMITTEE HEARING ON THE CLEAN ENERGY STANDARD ACT OF 2012, AS RELEASED BY THE COMMITTEE

MAY 17, 2012

SPEAKER: DR. KAREN PALMER RESEARCH DIRECTOR AND SENIOR FELLOW RESOURCES FOR THE FUTURE [*]

PALMER: Mr. Chairman, thank you for the opportunity to testify before the Senate Committee on Energy and Natural Resources. My name is Karen Palmer, and I am a senior fellow and research director at Resources for the Future (RFF), a 60-year-old research institution based in Washington, DC, that focuses on the economic dimensions of energy, environmental, and natural resource issues. RFF is independent and nonpartisan, and shares the results of its economic and policy analyses with environmental and business advocates, academics, government agencies and legislative staff, members of the press, and interested citizens. RFF neither lobbies nor takes positions on specific legislative or regulatory proposals. I emphasize that the views I present today are my own.