Здравствуйте. Вся информация этого сайта бесплатна. Вы можете сделать пожертвование и поддержать наше развитие. Спасибо.

Hello. All information of this site is free of charge. You can make a donation and support our development. Thank you.

2017-06-24 09:50:00

U.S. RENEWABLE ENERGY

U.S. RENEWABLE ENERGY

USA RENEWABLE ENERGY SUPPLY 2009 - 2018

REUTERSInstitutional investors remain eager to put money to work on renewable energy projects even as U.S. President Donald Trump has vowed to revive their chief competitor: coal, financial executives said at a conference this week.

"Five or six years ago, funds weren't specifically targeting renewable investment; today it's a key component of infrastructure investment," said David Giordano, managing director and head of North American, Latin American and Asia Pacific investments at BlackRock, on the sidelines of the Renewable Energy Finance Forum in New York.

Giordano, who is also a board member of the American Council on Renewable Energy, which put on the forum, said renewable energy was no longer considered a niche.

BlackRock's renewable infrastructure investment platform, launched in 2012 by Giordano's team, now manages more than $4 billion in client assets, mostly in wind and solar projects.

Strong interest in green energy comes as Trump is championing fossil fuels and targeting environmental regulations as job killers. Trump's administration, however, has made no moves to target federal tax incentives for renewable energy projects, which have helped make the technologies more competitive with traditional fuels like coal and natural gas, thanks mainly to bipartisan support in Congress.

Even without federal government involvement, executives noted that U.S. cities, states and corporations appear committed to renewable energy, as do most other countries. This should help projects attract capital in an era of low interest rates.

"We have seen considerable interest from a wide range of investor classes, including infrastructure funds, insurance companies, pension funds, money managers and corporations," said Raymond Wood, managing director and global head of power and renewables at Bank of America Merrill Lynch (BAC.N).

Major U.S. corporations such as Wal-Mart Stores Inc (WMT.N) and General Motors Co (GM.N) have become some of America's biggest buyers of renewable energy in recent years, according to industry figures reviewed by Reuters.

Wood noted that wind and solar developers together have added about 40 gigawatts to the U.S. grid over the past two years, bringing total installed wind and solar capacity to about 120 gigawatts.

After 15 to 20 years of growth, "it's telling that the system has added a third of its total capacity in the past two years," he said. "Practically speaking, renewables deployment has hit escape velocity. Experts see enormous additional installations between 2017-2020."

Wood said the bank's sustainability investment goal was $50 billion in 2013, but the target has grown to $125 billion by 2025.

He pointed to a deal in February in which Canada's investment fund manager Alberta Investment Corp teamed with U.S. power utility company AES Corp (AES.N) to buy FTP Power Llc, which builds utility-scale solar projects, for $853 million in cash.

While Bank of America was not involved in that deal, Wood said it illustrated growing institutional investor interest in the sector. Nick Knapp, managing director at CohnReznick Capital, said that deal also showed that utilities have a growing appetite for renewables.

Knapp said wind and solar project developers have many more financing options now than traditional utility power purchase agreements. Corporations are making agreements directly, and banks and other financers have developed hedges and other more nuanced financing options to attract investors.

Knapp said CohnReznick Capital has closed more than 90 M&A and project finance renewable energy transactions in the last few years, with an aggregate asset value of about $12 billion.

U.S. corporate demand for energy has "changed the dynamics of the industry," he said.

Corporate interest "forces utilities to increase their exposure," Knapp said. "We've passed that inflection point."

-----

Earlier: 

CHINA'S RENEWABLE INVESTMENT: $368 BLN 

BP ENERGY REVIEW  

HARD OIL DEMAND 

ВОЗОБНОВЛЯЕМАЯ ЭНЕРГИЯ РОССИИ

SAUDI'S RENEWABLE ENERGY

WBG: RENEWABLE INVESTMENT

RENEWABLE'S RECORD

EUROPEAN RENEWABLE ENERGY

CHINA'S RENEWABLE ENERGY

BRITAIN'S RENEWABLE: 15%

RENEWABLE ENERGY: GROWING RISKS

 

 

 

 

 

 

Tags: USA, RENEWABLE, ENERGY

Chronicle:

U.S. RENEWABLE ENERGY
2018, August, 17, 11:30:00

U.S. INDUSTRIAL PRODUCTION UP 0.1%

U.S. FRB - Industrial production edged up 0.1 percent in July after rising at an average pace of 0.5 percent over the previous five months. Manufacturing production increased 0.3 percent, the output of utilities moved down 0.5 percent, and, after posting five consecutive months of growth, the index for mining declined 0.3 percent. At 108.0 percent of its 2012 average, total industrial production was 4.2 percent higher in July than it was a year earlier. Capacity utilization for the industrial sector was unchanged in July at 78.1 percent, a rate that is 1.7 percentage points below its long-run (1972–2017) average.

U.S. RENEWABLE ENERGY
2018, August, 17, 11:25:00

NORWAY'S PETROLEUM PRODUCTION: 1.911 MBD

NPD - Preliminary production figures for July 2018 show an average daily production of 1 911 000 barrels of oil, NGL and condensate, which is an increase of 64 000 barrels per day compared to June.

U.S. RENEWABLE ENERGY
2018, August, 17, 11:20:00

GAZPROM NEFT NET PROFIT UP TO 49.6%

GAZPROM NEFT - For the first six months of 2018 Gazprom Neft achieved revenue** growth of 24.4% year-on-year, at one trillion, 137.7 billion rubles (RUB1,137,700,000,000). The Company achieved a 49.8% year-on-year increase in adjusted EBITDA, to RUB368.2 billion. This performance reflected positive market conditions for oil and oil products, production growth at the Company’s new projects, and effective management initiatives. Net profit attributable to Gazprom Neft PJSC shareholders grew 49.6% year on year, to RUB166.4 billion. Growth in the Company’s operating cash flow, as well as the completion of key infrastructure investments at new upstream projects, delivered positive free cash flow of RUB47.5 billion for 1H 2018.

U.S. RENEWABLE ENERGY
2018, August, 15, 11:10:00

OIL PRICE: NEAR $72

REUTERS - Front-month Brent crude oil futures LCOc1 were at $72.34 per barrel at 0648 GMT, down by 12 cents, or 0.2 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures CLc1 were down 23 cents, or 0.3 percent, at $66.81 per barrel.

All Publications »