5 MW Wind Turbines become a reality
September 8, 2006
Five Megawatt Turbine Installed Offshore | www.renewableenergyaccess.com
- 5 MW (and even 6 MW) wind turbines start to enter the market
- 5 MW prototypes are considered tested enough to be used in very demanding offshore locations
- 5 to 6 MW turbines will restart the European offshore wind energy market
Trend toward large advance purchases of wind turbines continues
July 17, 2006
BP, Clipper Windpower to Develop U.S. Wind Projects | www.bloomberg.com
The recent market trend in the wind industry has been for large multi-year frame orders of wind turbines.That trend continues with BP's purchase of Clipper wind turbines.The announcement represents BP's first serious foray into the wind industry as well as Clipper's first major order of their Liberty wind turbines.
This purchase, along with other recent frame orders, shows a continuation of a trend in the wind industry for large balance-sheet companies to make large orders of wind turbines years in advance in order to ensure access to wind turbines to feed their project pipeline.
Proposed Revision to FERC Transmission Tariff Should Benefit Wind Energy
May 26, 2006
Proposed changes to open-access rules aim to improve clarity, and transparency of transmission use & planning | www.ferc.gov
FERC recently proposed the first major reform of the Open Access Transmission Tariff (OATT) in 10 years. Some of the changes could create new opportunities for wind energy development in the Midwest.
The Slowing of The Low-Cost Airline Sector Intensifies
April 28, 2006
jetBlue Reports Loss | www.latimes.com
The first quarter results from jetBlue and the carrier's announced response are more indications that the skies are not unlimited for low-cost carriers. In fact, the planned fleet growth at the largest low-cost airlines (Southwest, AirTran, jetBlue) are not likely to be sustainable in an envirionment where jet fuel remains over $2 per gallon.
April 24, 2006
Redesign might delay A-350 to 2012 | www.floridatoday.com
Strategically, Airbus has bet on the 600-passenger A-380 as the wave of the future in airline capacity demand. In the meantime, Boeing bet on new-technology airliners in the 200 - 250 seat category (787), with new economics, as the future. Airbus attempted to blunt the inroads of the 787 with a hybrid redesign of the A-330, while they concentrated on the A-380. The strategy is now backfiring for Airbus.
More Evidence It's Legacy Carriers That Have The Future
April 21, 2006
American's Loss Narrows | biz.yahoo.com
American's $92 million loss in the first quarter is essentailly a huge achievement, one that AA's press releases have down played. Against $5.3 billion in revenue, and a $300+ million increase in year over year fuel expense, the indications are that the carrier is fundamentally headed in the right direction. The fact is that the key indicator is the $115 million operating profit shows that the carrier has turned around. This is likely going to be indicated in coming 1Q results from other legacy carriers.
American Taps Growing Market to China
April 18, 2006
American Airlines Lands in China | www.chinadaily.com.cn
The launch of daily nonstop flights between Chicago and Shanghai continues American’s efforts to expand its international network while continuing to reduce its operating expenses via fleet simplification, process improvement and purchasing efficiency. The new flights will certainly be popular with members of American’s AAdvantage frequent flyer program who can avoid connecting in Tokyo to get to Shanghai.
But American remains a minor player to China compared to United which serves Beijing and Shanghai as well as Hong Kong from both Chicago and Shanghai. Increased presence for American will depend short term on this week’s U.S.-China bilateral air service agreement talks in Beijing. Unless the existing agreement is changed only seven new frequencies will be available as of March 2007 and Delta being the only major U.S. carrier without flights to China is expected to emerge with Atlanta-Beijing rights. For American to have much chance of receiving additional China frequencies for 2007, Chinese carriers such as Shanghai Airlines and Hainan Airlines would need to push the Chinese government for U.S. rights in 2007 rather than in 2008 when the 787s they have ordered will become operational.
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