The U.S. Department of Energy (DOE) has announced the first incentive payments to renewable energy generation facilities under the Renewable Energy Production Incentive (REPI) program. Four state-owned and three city-owned facilities received a total of $693,120 in incentive payments for electricity production in fiscal year 1994.
In last year`s March issue of Power Engineering, I reported on an April 1995 study sponsored by the Center for Energy & Economic Development (CEED), a coal industry lobbying group, which claimed renewable energy cannot compete with coal or gas at today`s prices.
Going against traditional forecasts, which predict a slow evolution of technology and fuels into the future with little change from the current generation mix, Power Surge, from the Worldwatch Environmental Alert Series, contends that the current trends cannot be sustained in the coming era of industrialization and population growth.
Yadkin Inc., the electric power subsidiary of Alcoa`s Badin Works in North Carolina, chose Duke Power over eight other power entities to supply future energy needs. Duke has served Badin`s aluminum operation for more than 60 years, but in March, Yadkin solicited other suppliers.
Approximately 10 percent of U.S. power generation comes from renewable resources. According to Department of Energy (DOE) data, renewable capacity should increase approximately 27,000 MW in the next 15 years. Such an increase would provide one-sixth of U.S. electric energy growth during that period, according to a new report prepared for Edison Electric Institute (EEI) by Sustainable Energy Economics (SEE).
Oglethorpe Power Corp. has formally dedicated its Rocky Mountain Hydroelectric Plant in northwestern Floyd County, Ga. The $1 billion plant, which began commercial operation this summer, is capable of generating more than 800 MW of electric power. Oglethorpe will own 75 percent of the plant and will serve as plant operator. Georgia Power Co. will own the remaining 25 percent.
Through underwriters in its Energy Resources Group, company provides specialized insurance products to the power industry. Products and services available include: property and equipment, business income, extra expense, project under construction, facility financing obligation insurance, machinery breakdown, general liability, pollution liability, and umbrella and excess liability. Customers served include cogeneration, geothermal, hydroelectric, natural gas, biomass and waste-to-energy.
The high-power (to 65 kVA), high-voltage (to 60 V dc), high-frequency-switching IGBT dc-ac inverter provides a source of controllable, industrial quality ac power for use on mass transit vehicles. Variations of these products can supply utility grade, three-phase ac power from solar and solar/diesel hybrid generated high-voltage dc. Company`s mechanical components group also offers high-temperature/high-pressure, mainshaft, gearbox and segmented seals; bellows; valves; brushless dc cooling fans;
Installed generating capacity of the electric utility industry totaled 747,194 MW on Dec. 31, 1994, according to figures recently released by Edison Electric Institute. This was an increase of 0.3 percent over 1993. Investor-owned utilities (IOU) increased capacity 0.2 percent, rising to 576,526 MW. The New England region, consisting of New York, New Jersey and Pennsylvania, showed the only decrease in capacity, falling by 0.5 percent for both the total utility industry and the investor-owned se
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