Investment and Supply Chain Development Needed to Drive European Ocean Energy Potential
Aug0
Investment and Supply Chain Development Needed to Drive European Ocean Energy Potential
London, United Kingdom (PRWEB UK) 14 June 2012
The European Ocean Energy Association’s 3rd annual event- Ocean Energy 2012- will gather senior level delegates from the EC, member state governments, utilities, investors and OEMs to discuss project deployment, industry investment and the development of a viable European ocean energy supply chain.
Despite the euro zone facing increasing sovereign debt, the ocean energy industry has continued to attract interest and investment from the big industrial players. Alstom, Vattenfall, Siemens and Lockheed Martin have all expressed interest in the growth potential offered by the ocean sector over the coming years: “We are already seeing OEMs being attracted into the area” remarked Neil Kermode, Managing Director of the European Marine Energy Centre (EMEC). “We will see their discipline and firepower brought to bear on the issues that will arise and I believe we will see a ramping up of deployment”.
Utilities are also recognizing to the potential for ocean energy to provide large and reliable quantities of clean power, with Iberdrola, E.On and EDF currently embarking on developing some of the first pilot projects. “The next 5 years must deliver several multi-device arrays of 5-10MW capacity, utilising different technologies to promote utility investment into larger scale commercial arrays” commented Richard Church, Marine Energy Development Manager at RWE Innogy.
The key barriers to reaching this stage continue to be the same issues facing many emerging industries- high technology risks and lack of available capital. “Small ocean energy development companies often lack the capital and capacity to perform full scale tests and further develop their product to a commercial state” stated Björn Bolund, Technology Area Responsible for Ocean energy at Vattenfall.
Dan Pearson, Chief Executive Officer of Meygen also cites the lack of a viable supply chain as a factor currently limiting development: “Placing technology proving and reliability to one side, supply chain and its ability to quickly demonstrate reduction to the cost of tidal stream energy is the key concern to us and shareholders. Without confidence that cost reduction can be achieved in foreseeable timescales (between 2016 – 2020) it will be very challenging to secure the future finance required”.
The UK is leading the way in addressing these issues, recently launching a €24million contest to support wave energy projects, in addition to the availability of 5 ROCs per MWh. This level of support is not yet reciprocated across all European states- the importance of realising a unified policy to facilitate this support is also highlighted by Pearson: “We believe that a coherent strategy for Marine Energy development is key and that this is currently missing. It is incumbent upon the industry and governments of relevant member states of the EU to raise the profile of the industry in a unified manner”.
The EUOEA’s Ocean Energy 2012 will offer delegates an unparalleled opportunity to network with the leading policy makers, industrial players, supply chain partners, utilities and investors as they address the issues that face the future of the industry. Sessions include updates from the first operational ocean energy projects, options for developing a viable ocean supply chain, insights on technology and project cost reduction and options available for obtaining finance and reducing project risk.
More information on the forthcoming conference and the discussions to be held there is available at http://www.greenpowerconferences.com/oceanenergy , by following @greenpowermc on Twitter, or by joining the Ocean Energy LinkedIn group.
Note to Editors
Green Power Conferences are pleased to welcome journalists to attend the Ocean Energy 2012 Congress free of charge. To request a press pass please email michael.chaplin(at)greenpowerconferences(dot)com
About the European Ocean Energy Association
The European Ocean Energy Association is the official trade association for the marine energy industry, and was set up with funding from the European Commission to speak for the industry across Europe and to assist the Commission with policy development. Headquartered in Brussels, the EU-OEA presents a unified voice on behalf of the marine energy industry and offers a coordinated approach to networking, lobbying and policy development at the heart of the European Union. The association brings together leading developers, utilities, research organisations and major industrial companies with the shared goal of accelerating the development and deployment of utility-scale marine renewable energy projects:
http://www.eu-oea.com/.
About Green Power Conferences
Green Power Conferences is the market leader in renewable energy conferences. Since 2003, over 15,000 delegates have attended more than 300 conferences, exhibitions, workshops and training courses providing strategic business intelligence to the renewable energy and sustainability industries. Green Power’s expertise lies in producing high quality, interactive events that provide ample networking opportunities for delegates, sponsors and partners. More information and a full list of current conferences is available at: http://www.greenpowerconferences.com.
Media Contacts
Michael Chaplin
Ocean Energy Marketing Manager
Green Power Conferences
michael.chaplin(at)greenpowerconferences(dot)com, +44 (0)20 3384 8870
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MissionIR News – Quantum Fuel Systems Technologies (QTWW) and SBE, Inc. Partner Up to Launch Next Generation Hybrid Electric Drive Systems
Feb0
MissionIR News – Quantum Fuel Systems Technologies (QTWW) and SBE, Inc. Partner Up to Launch Next Generation Hybrid Electric Drive Systems
Atlanta, GA (PRWEB) December 27, 2011
MissionIR would like to highlight Quantum Fuel Systems Technologies, Inc., a publicly traded corporation with headquarters in Irvine, CA. From the leading edge of hybrid & electric drive systems and solar panels to wind farms and super lightweight carbon fiber vessels, the company has shaped the world of renewable energy innovation.
In the company’s news today,
Quantum Fuel Systems Technologies and SBE, Inc. announced the formation of a technology partnership between the two companies. SBE will be providing a novel integrated capacitor/bus structure design solution for Quantum power electronics for automotive applications, enabling higher performance, weight reduction, smaller packaging and total system cost savings.
“Quantum continues to optimize and improve the efficiencies of our advanced electric drive-train products. We expect the SBE integrated capacitor/bus structure to enable substantial packaging and performance advantages in our next generation electric and hybrid-electric drive systems,” stated Alan Niedzwiecki, CEO Quantum Technologies.
“SBE is pleased that Quantum Technologies is one of the first implementers of our advanced integrated capacitor/bus designs. We are proud to be partnering with a leading technology drivetrain provider like Quantum,” commented Ed Sawyer, President and CEO for SBE, Inc.
Jon Bereisa, Senior Technical Advisor for SBE, added, “The electrification of the automobile has successfully reached the technical feasibility stage today. Cost improvements are needed to reach the commercial viability stage for mass market acceptance. Cost must be attacked everywhere. The SBE power ring capacitor technology is a major enabler for power electronics design simplification, up-integration, and higher temperature operation to significantly drive down the cost while improving performance.”
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
To sign up for The MissionIR Report, please visit http://MissionIR.com
To connect with MissionIR via Facebook, please visit http://Facebook.com/MissionIR
To connect with MissionIR via Twitter, please visit http://Twitter.com/MissionIR
Please read FULL disclaimer on the MissionIR website: http://Disclaimer.MissionIR.com
Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company’s actual results to differ materially from those indicated in any forward-looking statements.
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We Energies Customers Set to Drive Renewable Energy Market
Jul1
We Energies Customers Set to Drive Renewable Energy Market
Madison, WI (PRWEB) October 16, 2005
Utility regulators gave the green light to two We Energies initiatives that will promote customer-owned solar power systems and large-scale purchases of renewable electricity from the utility.
In approving a new solar tariff, which will take effect October 1 this year, the Public Service Commission (PSC) of Wisconsin cleared the way for We Energies to buy solar power from its customers at 22.5 cents per kilowatt-hour (kWh), a much higher rate than customers usually receive for renewable electricity that they produce.
To qualify for this rate, system owners must enroll in the utility’s Energy for Tomorrow program, through which customers can voluntarily source up to 100% of the electricity they use from renewable energy sources.
“This is a remarkably creative way to drive the solar electric marketplace,” said Michael Vickerman, executive director of RENEW Wisconsin, a statewide nonprofit group that promotes renewable energy.
“With this new tariff, producers of solar electricity can serve Energy for Tomorrow customers, who place a high value on locally produced clean power,” added Michael Vickerman, executive director of RENEW Wisconsin, a statewide nonprofit group that promotes renewable energy.
The price paid for solar electricity will not require a higher premium from Energy for Tomorrow customers, Vickerman said, because the other sources of power supplying the program have become less expensive relative to coal and natural gas.
“This tariff allows We Energies to reap the benefits of this fast-growing renewable energy source without having to raise rates,” Vickerman said. “Southeast Wisconsin could very well become the Solar Energy capital of the Midwest.”
The PSC also approved a “bulk purchase premium” of 1.5 cents/kWh for Energy for Tomorrow customers who buy more than 70,000 kWh per month. The current premium is 2.04 cents/kWh. The new bulk purchase premium will be become effective October 1 as well.
“Interest in buying renewable power is building among businesses, universities, and state and local governments,” Vickerman said. “By offering a discount rate for this customer segment, We Energies should see considerable growth in the amount of renewable electricity sold through Energy for Tomorrow.”
In its rate filing for 2006, We Energies proposes to lower the standard premium and the bulk purchase discount by about one-third of the current amount, Vickerman said.
We Energies and the Focus on Energy Renewable Energy Program will hold a one-day conference titled Wisconsin’s Solar Decade 2005-2015 on November 3 in Milwaukee.
The event will target building owners and businesses interested in entering the solar market, highlighting the benefits of generating electricity from solar energy. RENEW Wisconsin, Milwaukee Area Technical College, Wisconsin Green Building Alliance, and other organizations are co-sponsoring the workshop. More information is available in the calendar on the Web pages of Focus on Energy at http://www.focusonenergy.com.
For more information about Energy for Tomorrow visit the Web site of We Energies at http://www.we-energies.com/eft.htm.
RENEW Wisconsin is an independent, nonprofit 501(c)(3) organization that acts as a catalyst to advance a sustainable energy future through public policy and private sector initiatives. RENEW is a member of the Wisconsin Renewable Energy Network, a subcontractor to Focus on Energy. Visit RENEW at http://www.renewwisconsin.org .
More information
Michael Vickerman
608.255.4044
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South American Renewable Energy Markets to 2020 – Favorable Policies and Regulations to Drive Growth in The Region
Jan0
“South American Renewable Energy Markets to 2020 – Favorable Policies and Regulations to Drive Growth in The Region”, which provides key data, information and analysis on the South American renewable energy market. The report provides market drivers, restraints and market trends information for the top five countries in the South American region. The report also analyses the four major renewable energy technologies, namely small hydro, wind, solar and biomass in each of the top five countries in the region. The report provides comprehensive information on the key market trends with superior analytics. It also reviews the policies and regulatory framework of the renewable energy market. The South American renewable energy market is expected to increase at a Compound Annual Growth Rate (CAGR) of 10.1% over the forecast period 2009–2020. Small hydro and wind energy are likely to experience high growth during this period. The cumulative installed capacity of small hydro power in the top five countries is expected to increase at a CAGR of 7.8% during the period. The major drivers for the growth in the South American renewable energy market include favorable polices, legislation in respective countries, financial support from international banks and clean development mechanism projects. The key restraints include the lack of incentives and the lack of a binding agreement at the Copenhagen summit.
Scope
– Key geographies such as Brazil, Argentina, Colombia, Venezuela and Chile.
– Cumulative Installed Capacities for renewable energy technologies globally from 2000 to 2009 and forecast up to 2020.
– Percentage share of the top 10 countries in wind, solar and biomass globally from 2000 to 2009 and forecasts up to 2020.
– Cumulative Installed Capacities for the top five countries in the South American region from 2000 to 2009 and forecast up to 2020.
– Country wise (Brazil, Argentina, Colombia, Venezuela, Chile) cumulative and annual installed capacity for the renewable energy market from 2000 to 2009, forecast up to 2020.
– Renewable Energy wise (small hydro, wind, solar and biomass) cumulative and annual installed capacity for each of the top five countries from 2009 to 2015.
– Key topics covered include the Market Drivers, Market Restraints and Regulatory Frameworks.
Reasons to buy
The report will enhance your decision making capability in more rapid and time sensitive manner. It will allow the user to:
– Identify key growth and investment opportunities in top 5 countries in the South American Region
– Identify key entities and partners who could help in business development.
– Position yourself to gain the maximum advantage of the industry’s growth potential by developing strategies based on the latest policy and legislational events.
– Identify the drivers and restraints of 4 renewable energy markets in top 5 countries in the region.
– Facilitate decision making based on strong historic and forecast data.
To know more about this report & to buy a copy please visit :
http://www.visionshopsters.com/product/3201/South-American-Renewable-Energy-Markets-to-2020-Favorable-Policies-and-Regulations-to-Drive-Growth-in-The-Region.html
Contact us:
Visionshopsters
Ph : 91-22-40583000
Emailid: marketing@visionshopsters.com
Website : www.visionshopsters.com
Visionshopsters specializes in providing comprehensive collection of online market research reports, events bookings, country reports, company profiles, latest books and magazines, customized research services offering informative solutions worldwide. We constantly believe in providing inventive solutions to clients all across the globe. Our clientele consists of over thousands of top most academic organizations, financial institutions, trading companies, legal service providers, accounting consultancies and other corporate business executives.
Article from articlesbase.com
Vision Shopsters: South American Renewable Energy Markets to 2020 – Favorable Policies and Regulations to Drive Growth in The Region
Jan0
Summary
“South American Renewable Energy Markets to 2020 – Favorable Policies and Regulations to Drive Growth in The Region“, which provides key data, information and analysis on the South American renewable energy market. The report provides market drivers, restraints and market trends information for the top five countries in the South American region. The report also analyses the four major renewable energy technologies, namely small hydro, wind, solar and biomass in each of the top five countries in the region. The report provides comprehensive information on the key market trends with superior analytics. It also reviews the policies and regulatory framework of the renewable energy market. The South American renewable energy market is expected to increase at a Compound Annual Growth Rate (CAGR) of 10.1% over the forecast period 2009–2020. Small hydro and wind energy are likely to experience high growth during this period. The cumulative installed capacity of small hydro power in the top five countries is expected to increase at a CAGR of 7.8% during the period. The major drivers for the growth in the South American renewable energy market include favorable polices, legislation in respective countries, financial support from international banks and clean development mechanism projects. The key restraints include the lack of incentives and the lack of a binding agreement at the Copenhagen summit.
Scope
– Key geographies such as Brazil, Argentina, Colombia, Venezuela and Chile.
– Cumulative Installed Capacities for renewable energy technologies globally from 2000 to 2009 and forecast up to 2020.
– Percentage share of the top 10 countries in wind, solar and biomass globally from 2000 to 2009 and forecasts up to 2020.
– Cumulative Installed Capacities for the top five countries in the South American region from 2000 to 2009 and forecast up to 2020.
– Country wise (Brazil, Argentina, Colombia, Venezuela, Chile) cumulative and annual installed capacity for the renewable energy market from 2000 to 2009, forecast up to 2020.
– Renewable Energy wise (small hydro, wind, solar and biomass) cumulative and annual installed capacity for each of the top five countries from 2009 to 2015.
– Key topics covered include the Market Drivers, Market Restraints and Regulatory Frameworks.
Reasons to buy
The report will enhance your decision making capability in more rapid and time sensitive manner. It will allow the user to:
– Identify key growth and investment opportunities in top 5 countries in the South American Region
– Identify key entities and partners who could help in business development.
– Position yourself to gain the maximum advantage of the industry’s growth potential by developing strategies based on the latest policy and legislational events.
– Identify the drivers and restraints of 4 renewable energy markets in top 5 countries in the region.
– Facilitate decision making based on strong historic and forecast data.
To know more about this report & to buy a copy please visit :
http://www.visionshopsters.com/product/3201/South-American-Renewable-Energy-Markets-to-2020-Favorable-Policies-and-Regulations-to-Drive-Growth-in-The-Region.html
Contact us:
Visionshopsters
Ph : 91-22-40583020
Emailid: marketing@visionshopsters.com
Website : www.visionshopsters.com
Visionshopsters specializes in providing comprehensive collection of online market research reports, events bookings, country reports, company profiles, latest books and magazines, customized research services offering informative solutions worldwide. We constantly believe in providing inventive solutions to clients all across the globe. Our clientele consists of over thousands of top most academic organizations, financial institutions, trading companies, legal service providers, accounting consultancies and other corporate business executives.
Article from articlesbase.com
ReportsandReports – Renewable Energy in Asia Pacific to 2020 – Increasing Small Hydro and Wind Power to Drive Industry Growth
Jan0
Original Source: Renewable Energy Market
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GBI Research has released its alternative energy research, “Renewable Energy in Asia Pacific to 2020 – Increasing Small Hydro and Wind Power to Drive Industry Growth”, that provides an insight into the renewable energy market in Asia Pacific and provides forecasts up to 2020. The research analyzes the growth and evolution of the Asia Pacific renewable energy market up to 2009 and gives historical and forecast statistics for the period 2000-2020. This research also gives a detailed analysis of the market structures of all renewable energy technologies in the region and the regulatory policies that govern them. The research in the study is based on proprietary databases, primary and secondary research, and in house analysis by GBI Research’s team of industry experts. In the global renewable energy market, small hydro and wind energy are likely to experience high growth in the coming years. China is one of the leading countries in the Small Hydro development. The country contributes more than 70% of the world’s small hydro capacity followed by Japan, the US, Brazil and India. The global wind energy market is growing at a rapid pace with wind energy installations growing by 23.7% from 2007 to 2009. China is the largest player in the Asian wind power market with total installed capacity of 25,104MW. The major drivers for the growth in the Asia Pacific renewable energy market include favorable polices, legislation in respective countries, financial support from international banks and clean development mechanism projects.
Scope
Detailed analysis of key renewable energy technologies such as wind, small hydropower, solar Photovoltaic (PV), biomass, biogas, and geothermal
Qualitative analysis of the market scenario and analysis of key countries in Asia Pacific, such as the China, Japan, India, Australia, and Indonesia
Comprehensive analysis of the technology, market dynamics, policy and regulations, and installed capacity
Historical data from 2000 to 2009, with forecast statistics along with growth estimates for installed capacity of various renewable sources in Asia Pacific to 2020.
The report covers Policy and regulatory framework governing the market
Reasons to buy
The report will enhance your decision making capability in more rapid and time sensitive manner. It will allow the user to:
Identify key growth and investment opportunities in top 5 countries in the Asia Pacific Region
Identify key entities and partners who could help in business development.
Position yourself to gain the maximum advantage of the industry’s growth potential by developing strategies based on the latest policy and legislation events.
Identify the drivers and restraints of 4 renewable energy markets in top 5 countries in the region.
Facilitate decision making based on strong historic and forecast data.
About Us
ReportsandReports comprises an online library of 10,000 reports, in-depth market research studies of over 5000 micro markets, and 25 industry specific websites. Our client list boasts almost all well-known publishers of such reports across the globe. We as a third-party reseller of market research reports employ a number of marketing tools, such as press releases, email-marketing and effective search-engine optimization techniques to drive revenues for our clients. We also provide 24/7 online and offline support service to our customers.
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ReportsandReports comprises an online library of 10,000 reports, in-depth market research studies of over 5000 micro markets, and 25 industry specific websites. Our client list boasts almost all well-known publishers of such reports across the globe. We as a third-party reseller of market research reports employ a number of marketing tools, such as press releases, email-marketing and effective search-engine optimization techniques to drive revenues for our clients. We also provide 24/7 online and offline support service to our customers.
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South American Renewable Energy Markets to 2020 – Favorable Policies and Regulations Drive Growth in The Region
Nov0
Currently, government policies and renewable energy legislation play a vital role in the development of renewable energy sources. Countries in the South American region are aware of this and have enacted favorable policies to encourage investment in non-conventional energy sources such as wind, solar and biomass. Of the top five countries discussed in this report, Argentina, Brazil, Chile and Colombia have formulated legislation to promote renewable energy development. Argentina and Chile have set Renewable Portfolio Standards (RPS) targets for the implementation of renewable energy sources. In addition to this, a number of governments also provide indirect subsidies and tax credits to promote renewable energy. These policies and support will help the South American countries to achieve rapid growth in renewable energy, as the existing programs and legislations bring significant installed capacity to the market.
According to the Economic Commission for Latin America and the Caribbean (ECLAC), countries in this region would require an investment of 2 billion in the electricity sector between 2007 and 2030 to meet the energy demand. According to the United Nations Framework for Climate Change (UNFCC), more than 85% of the energy investment in this region will come from the private sector.
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International banks including the Inter-American Development Bank (IDB) are financing various power generation projects in this region. Since 2000, the IDB has financed more than .1 billion in renewable energy projects in the region, including hydro, wind and geothermal projects. The focus is to develop sustainable energy for the longer term through renewable energy sources. The banks also provide financial support for technical assistance programs for sustainable energy and energy efficiency.
The Clean Development Mechanism (CDM) is an arrangement under the Kyoto Protocol allowing developed countries to invest in projects that reduce greenhouse gas emissions in developing countries. The mechanism, which became operational in 2006, has been one of the key reasons for renewable energy investment in the South American region. Of the total 2,127 projects that were registered up to April 2010, 461 of them were registered for development in the Latin American region. More than 60% of the total projects relate to the energy segment, especially renewable energy sources. A combination of small hydro, solar, wind and biomass contributes to the majority of this investment. These projects are expected to increase the renewable energy investment in the region.
GBI Research has released its research, “South American Renewable Energy Market to 2020 – Favorable Policies and Regulations Drive Growth in The Region”, that provides key data, information and analysis on the market opportunities in the South American renewable energy market. The report provides a detailed assessment of installed capacity and growth opportunities arising from the South American renewable energy market. At the outset, the report analyses the renewable energy market of top five countries of the South American region. The report’s coverage of the South American renewable energy market is comprehensive, with dedicated sections on regulatory frameworks and the key market drivers and restraints in top five countries of the region.
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GBI Research is a global market intelligence services company providing information research and analysis products and services.
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