Intrepid’s Energy Plant Begins Operation
Intrepid Technology and Resources, Inc. (IESV) has completed all required testing on their bioreactor located at the Whitesides dairy near Rupert, Idaho and have began the process of loading animal waste from the dairy into the twin 35,000 gallon tanks. This is a significant development for this company. The stock is trading up over 10% today on this news. The next milestone is a confirmation of the methane gas output for this plant and if it will meet or exceed projections.
Pennsylvania to Generate 3,600 Megawatts of Wind Power by 2016 Due to New Standard
As mentioned in a previous entry, the Pennsylvania legislature passed SB1030, the Alternative Energy Bill, on November 20, 2004 which will require a total of 18% of Pennsylvania's electricity to be generated by alternative energy sources by 2020. The standard requires 8% of Pennsylvania's electricity to be generated by so-called "Tier I" renewable sources of energy by 2020. Tier I resources include solar, wind, geothermal and biomass. The standard also requires 10% of the state's electricity to come from a second category of resources that include waste coal, integrated combined coal gasification technology, municipal solid waste, large-scale hydro,...
Green Energy Resources Announces New Supply Contracts
Green Energy Resources, Inc. (NYIL) announced today that it has signed a new supply contract with Texas Energy Resource Management. Texas Energy has three locations in Eastern Texas including a chip mill facility in Crockett, a recycling facility in Buna and a recycling facility in Houston. This contract will supply approximately 500,000 tons annually of whole tree wood chips. The chips are exclusively for export to other NYIL customers throughout the EU.
Another State Mandate for Alternative Energy
Right on the heels of Colorado passing Amendment 37, Pennsylvania is waiting for State House approval on the passage of their own legislation mandating clean energy production. This new bill states that by 2020, utilities would be required to provide 18 percent of the electricity used in Pennsylvania from alternative sources, like wind, solar and waste coal. Wind should be the big winner for this region.
GE Global Research to Lead DOE Projects in Production Of Hydrogen; Projects are Part...
GE Global Research, the centralized research organization of the General Electric Company (GE), announced that it was selected by the Department of Energy (DOE) to lead $11 million of research projects in the development of hydrogen as a fuel source. The programs are focused on near and long term solutions for the production of hydrogen with sustainable, clean technologies. GE Global Research will contribute approximately $2.5 million to the projects with the balance coming from DOE and other industry partners. This project plans to study the creation of hydrogen from solar water splitting, naturual gas/bio production, and...
Colorado Voters Approve Amendment 37
Colorado voters have approved an amendment requiring utilities to get part of their electricity from the sun, wind or plant and animal waste. The amendment requires the state's seven largest utilities to get a portion of their retail electricity sales from renewables, beginning with 3 percent in 2007 and climbing to 10 percent by 2015. Four percent of the renewables should be solar sources.
New Hampshire Begins Coal Switch to Biomass
After its official groundbreaking, the Northern Wood Power Project, New Hampshire's first non-hydro, commercial-scale renewable energy project, is now underway at the Schiller Station in Portsmouth. The US$75 million project, developed by Public Service of New Hampshire (PSNH), will replace a 50 MW coal-fired boiler with a new boiler of equal size that will burn wood chips and other clean wood products. In addition to creating a market for woodchips from the state's many logging operations, the facility will become a major regional contributor of renewable energy.
Nathaniel Energy Announces Successful Proof of Process of Thermal Combustor(TM) Technology in Italy and...
Nathaniel Energy Corporation (NECX) announces the successful gasification of refuse derived fuel (RDF) in Italy, proving that its patented technology is successful and viable on a commercial level. The Company successfully gasified and combusted RDF and produced over one megawatt of electricity with one of its Thermal Combustors(TM) in Cologna, Veneta, Italy.
Northern Power Systems Awarded Contract for On-Site Power System at New Jersey Vegetable Oil...
Aarhus United USA Inc. has awarded Northern Power Systems, Inc. a subsidiary of Distributed Energy Systems Corp (DESC), a contract for a $1.7 million turnkey on-site power system that will use the oil distillate and waste byproduct of the company's vegetable oil processing operations as fuel. Northern's system will be designed to deliver 65% of the Port Newark, New Jersey facility's electrical needs and 12% of its thermal consumption. The NJ Clean Energy Program has deemed the fuel a renewable source that is CO2 emissions-free and has therefore committed funds to pay 30% of the project cost.
Green Energy Resources Announces Merger Update and Sales Projections for 2005
Green Energy Resources, Inc. (NYIL) will acquire three (3) biomass power plants in Italy as a result of the recently announced merger/acquisition of ICL. The plants will generate approximately $150 million annually ($1.1billion dollars through 2012) and provide a before tax profit of approximately $30 million for each of the next seven (7) years. The merger is on target to be completed before the end of December 2004. Green Energy Resources export sales of woodchips from the United States are projected at approximately 2 million metric tons for 2005, generating approximately $100 million dollars in gross sales revenues....
Brazilian Sugar Miller COSAN Begins Use Of O2Diesel
O2Diesel Corp (OTD) announced that one of the largest sugar millers and ethanol producers in the world, COSAN (annual revenues of US$500 million) of Brazil, began using O2Diesel(TM) in the diesel powered fleet located at their mill in Barra Bonita, State of Sao Paulo. This mill is the world's largest sugar and ethanol production facility with the capacity to process 6.8 million tons of sugar cane per year. The patented fuel technology developed by O2Diesel Corporation of Newark, Delaware, will be used in a wide variety of trucks and agricultural equipment. COSAN operates 12 mills in Southeastern Brazil with...
Biodiesel B2 Blend Selling Below Average Diesel Cost at Salt Lake City Pumps
Green Star Products Inc (GSPI) announced today that according to an article published in the Salt Lake Tribune (September 17, 2004) B2 biodiesel blend is now selling at 3 cents below average diesel price in Salt Lake City, Utah. The article states, "Alternative fuel enthusiasts have a new place to fill up. The first biodiesel fuel pump in Utah opened Thursday at Dal Soglio Sinclair, 7398 S. 700 West, in Midvale. The station now sells diesel fuel that is a 2 percent biodiesel blend (B2), along with conventional unleaded gasoline. The B2 blend costs $1.94 per gallon, which...
Clean Diesel Technologies Announces Significant Emissions Reductions from Independent Testing of Platinum Plus Fuel...
Clean Diesel Technologies Inc. (CDTI) announced today that it has completed extensive independent testing of its Platinum Plus® fuel-borne catalyst (FBC) in a wide range of fuels on four different engines at Southwest Research Institute in San Antonio. Results from these tests confirm that the FBC, when added to various commercial diesel fuels, can provide up to 35 percent reduction in diesel particulate emissions (PM) and up to 11 percent NOx reduction. Both particulates and NOx are a major focus of worldwide efforts to reduce diesel emissions, and the U.S. EPA has challenged the industry to clean up the...
Fuel cell converts waste to power
Researchers from the University of Wisconsin at Madison have found a way to use the carbon monoxide to produce more energy in a reaction that can take place at room temperature. The method could eventually be used in portable systems that use renewable fuel produced from plant matter, said James Dumesic, a professor of chemical and biological engineering at the University of Wisconsin at Madison. The process could also be used to treat wastewater and contaminated gas streams, he said.
Energy stocks for the conscience-driven
The CS Monitor has a good article about the investment potential of Alternative Energy stocks. "You can't ride off into the sunset with a hydrogen-powered SUV - or to a middle-class solar home. But as the decades-long transition away from oil begins to take shape, some ethical investors sense a bonanza. "
2005 Jeep Liberty CRD will be powered by biodiesel
DaimlerChrysler AG (DCX) announced plans to use B5, a 5% blend of biodiesel, in each new Jeep Liberty Common Rail Diesel (CRD) sport-utility vehicle coming off the assembly line. The news is a landmark choice by US auto manufacturers in advancing the use of cleaner burning biodiesel. Chrysler Group President and CEO Dieter Zetsche called the decision an important first step in encouraging wider use of clean, renewable fuels.