Renewables

Industry Brief

Iberdrola Renewables’ U.S. energy business, PPM Energy, said subsidiary Enstor Inc. completed the acquisition of ownership interests in the Freebird Gas Storage facility in Lamar County, AL, from Houston-based Multifuels LP and Denham Capital. The transaction is valued at $164 million subject to adjustments. RBC Capital Markets advised on the sale. The facility has a working capacity of 7.6 Bcf with the potential to be expanded to 11.4 Bcf. The Freebird facility is on the Tennessee 500 line. The Northwest Alabama Gas District is a co-owner of the facility.

December 21, 2007

Energy Efficiency, Renewables, Climate Change Top Senate Energy Agenda

Energy efficiency, renewables and climate change will take center stage at the Senate Energy and Natural Resources Committee in this Congress. Also on the ticket will be energy research and development (R&D) funding and what to do about the oil and gas royalty losses that resulted from missing price caps in contracts with the Interior Department, said Bob Simon, staff director of the committee. Opening up more of the Outer Continental Shelf (OCS) to oil and gas drilling will be absent, he said.

February 26, 2007

Energy Efficiency, Renewables, Climate Change Top Senate Energy Agenda

Energy efficiency, renewables and climate change will take center stage at the Senate Energy and Natural Resources Committee in this Congress. Also on the ticket will be energy research and development (R&D) funding and what to do about the oil and gas royalty losses that resulted from missing price caps in contracts with the Interior Department, said Bob Simon, staff director of the committee. Opening up more of the Outer Continental Shelf (OCS) to oil and gas drilling will be absent, he said.

February 23, 2007

Report Calls for New Gas Supply, Delivery Capability in New England

New natural gas supply and delivery capability, including import capacity for liquefied natural gas (LNG), along with new investment in renewables and power-related infrastructure, are needed for reliability in New England and to improve competitive markets in the region, a new report released Wednesday concludes.

November 10, 2005

Western Governors Agree to Regional Renewables/Efficiency Program

Western governors announced last week that they have unanimously agreed to pursue a regional approach to boosting renewable energy sources and energy efficiency through the bipartisan Western Governors’ Association (WGA), according to an announcement from California Gov. Arnold Schwarzenegger, co-leader of the effort along with New Mexico Gov. Bill Richardson, the current chairman of the governors’ group.

June 28, 2004

Western Governors Agree to Regional Renewables/Efficiency Program

Western governors Tuesday announced they have unanimously agreed to pursue a regional approach to boosting renewable energy sources and energy efficiency through the bipartisan Western Governors’ Association (WGA), according to an announcement from California’s Gov. Arnold Schwarzenegger, co-leader of the effort along with New Mexico Gov. Bill Richardson, the current chairman of the governors’ group.

June 23, 2004

Study: Energy Efficiency Measures, More Renewables Would Save Gas Consumers $15B/Year

Increased focus on energy efficiency measures and renewable energy both locally and nationally could cut natural gas prices 10-20%, saving consumers $15 billion/year nationally or about $96 per year for an average residential household, according to a new study prepared for the Energy Foundation.

September 15, 2003

Study: Energy Efficiency Measures, More Renewables Would Save Gas Consumers $15B/Year

Increased focus on energy efficiency measures and renewable energy both locally and nationally could cut natural gas prices 10-20%, saving consumers $15 billion/year nationally or about $96 per year for an average residential household, according to a new study prepared by the American Council for an Energy-Efficient Economy (ACEEE) and Arlington, VA-based energy consulting firm Energy and Environmental Analysis Inc. (EEA).

September 9, 2003

Public Interest Groups Tout Efficiency, Renewables, Blast Lifting Drilling Moratoria

Increasing natural gas prices should not scare Congress into allowing greedy gas producers to drill willy-nilly across environmentally sensitive areas or areas currently blocked by drilling moratoria, environmentalists, ranchers, public interest groups and scientists said last Wednesday during a teleconference on the “real story behind the natural gas crisis.”

July 14, 2003

Public Interest Groups Tout Efficiency, Renewables, Blast Lifting Drilling Moratoria

Increasing natural gas prices should not scare Congress into allowing greedy gas producers to drill willy-nilly across environmentally sensitive areas or areas currently blocked by drilling moratoria, environmentalists, ranchers, public interest groups and scientists said on Wednesday during a teleconference on the “real story behind the natural gas crisis.” The conference was organized by the Community Office for Resource Efficiency (CORE), the Northern Plains Resource Council and The Wilderness Society.

July 10, 2003