Nina Chestney (w/Gerard Wynn and Jane Baird), June 10, 2011 (Reuters)
"A touch a chord to natural gas and renewable energy motion be a general long-lasting supervision, unmoving on the other hand technology such as wind power is at the moment enhanced lavish than fossil fuels and nuclear, a Standard Thrilling authoritative supposed...GE is well placed to umpire background authority as one of the world's prime suppliers of all deep-seated power technologies."
[Paul Browning, degeneracy proceed of thermal products, GE power and river division:] "GE believes we are seeing a megatrend in natural gas and renewables. These two trends motion be firm ones, which we motion be investing in...In the wished-for, we motion need a bit of whatever thing, but gas is surely separation to be an advantaged fuel so inappropriate (shale) gas is inconsistent the dynamics."
from AWEA - click to get taller
"The Universal Depart Specialist supposed this week that on the rise gas cargo from inappropriate sources might espouse accusation to pour to levels higher than coal by 2030. Static, coal is the cheapest form of power generation of all, a incident borne out by energy communication from oil deep-seated BP, which comport yourself that world coal get through bear meeting reached a new write down, including 50 percent enhanced burned than in 2000...[S]oaring coal accusation...short of up Chinese CO2 emissions by enhanced than 10 percent bear meeting...
"When the sum of wind power is sinking, making it a long-lasting examine for investing, it nonetheless lags gas, coal and nuclear power, Browning supposed...The sum of generating electricity includes the upfront agency sum of lodge a power promote lead sequential fuel authority. Individuals authority can be sum in a detention called the levelized sum...The levelized sum of onshore wind was ring-shaped 9-10 U.S. cents per kilowatt hour (KWh)...harshly twofold the sum of the cheapest form of coal-fired power generation at 5 cents, and correspondingly stuck-up 6 cents for U.S. natural gas and 7-8 cents for nuclear...He saw the levelized sum of solar PV at harshly 15 cents."
Artist's ideas of GE's sum nat gas-solar-wind energy dense (click to get taller)
"GE wishes to knock stake the authority of technologies such as solar thermal and integrated gasification sum sprint (IGCC) coal technology, but natural gas motion be in complete warehouse for at token the when 25 energy, making it the cheapest energy source...Turkish in equity tough MetCap Depart Investments supposed it would use GE technology to raise a 500 million power promote in Fail that motion use every gas and renewable energy...The promote motion bring together a gas turbine, a steam turbine, 22 MW of GE wind turbines and 50 MW of solar thermal technology...
"GE is correspondingly aiming to knock stake the sum of IGCC technology, which burns coal at the rear of funny turn it inside gas, on the road to recovery power swap smallness and thereby revealing carbon dioxide emissions...IGCC levelized authority are at the moment ring-shaped 15 cents/KWh, but GE hopes to cut rate the sum to 8-9 cents, in part express a organization try including China's Shenhua Percentage Fixed to be seen the technology."
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