• 6 minutes U.S. Shale Oil Debt: Deep the Denial
  • 12 minutes Knoema: Crude Oil Price Forecast: 2018, 2019 and Long Term to 2030
  • 17 minutes WTI @ $75.75, headed for $64 - 67
  • 2 hours Trump vs. MbS
  • 8 hours Satellite Moons to Replace Streetlamps?!
  • 2 hours Why I Think Natural Gas is the Logical Future of Energy
  • 25 mins Nucelar Pact/Cold War: Moscow Wants U.S. To Explain Planned Exit From Arms Treaty
  • 2 days EU to Splash Billions on Battery Factories
  • 8 hours Can “Renewables” Dent the World’s need for Electricity?
  • 24 hours The Dirt on Clean Electric Cars
  • 21 hours Owning stocks long-term low risk?
  • 1 hour Get on Those Bicycles to Save the World
  • 2 days The Balkans Are Coming Apart at the Seams Again
  • 11 hours Closing the circle around Saudi Arabia: Where did Khashoggi disappear?
  • 2 hours Can the World Survive without Saudi Oil?
  • 2 days The end of "King Coal" in the Wales
BP CEO: $80 Oil Is Unhealthy For The World

BP CEO: $80 Oil Is Unhealthy For The World

BP Chief Executive Bob Dudley…

Oil Market Loses Its Bullish Edge

Oil Market Loses Its Bullish Edge

Bullish sentiment has dominated oil…

Additional Wind Generators to Arise Alongside Lake Erie

Six additional giant wind generators are planned for a former steel mill polluted site alongside along Lake Erie.

The generators, situated on a “brownfield” toxic site, formerly occupied by a Bethlehem Steel facility, are expected to be in operation by early 2012.

The new wind turbines will be added to eight windmills that in 2007 began operating in Lackawanna, The Buffalo News reported.

Each new wind 410-foot tall turbine, similar to the ones already in place, will generate 2.5 megawatts per hour, producing sufficient electricity for up to 700 households.

The turbines are owned by the First Wind company, and the 440 million project is the country's first urban wind farm.

First Wind spokesman John Lamontagne said, "It's one of the projects we're most proud of. Since it went online in 2007, it has been successful."

In May First Wind, an independent U.S.-based wind energy company, announced that its subsidiary, First Wind Capital, LLC, had issued $200 million in senior secured notes due in 2018. First Wind CEO Paul Gaynor said, “This is an important milestone for our company as it is our debut in the capital markets. It will provide capital for future projects we hope will comprise more than 350 megawatts of clean energy. These projects will be in our core target markets of the Northeast, the West and Hawaii and we plan to bring those projects into commercial operation by the end of 2012. “We appreciate the commitment of our new financial investors, which will help First Wind deliver clean, renewable energy, as well as significant economic benefits in terms of construction jobs, local tax revenues and work for local businesses in the communities where we are located.”

By. Charles Kennedy, Deputy Editor OilPrice.com


x

Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News