Posts Tagged ‘Power’
April 25, 2014 | 
Author PIRA Energy Group’s Weekly Natural Gas, Power and Coal Market Recap for the Week Ending April 13th, 2014
New York, NY (PRWEB) April 16, 2014
NYC-based PIRA Energy Group reports that Russian supply cutoff via Ukraine is unlikely to happen. While In the U.S., the first EIA report of the injection season revealed a paltry 4 BCF build. Specifically, PIRA’s analysis of natural gas market fundamentals has revealed the following:
Russian Supply Cutoff via Ukraine Unlikely To Happen
The longer term implications of a Russian supply cutoff via Ukraine are so significant that PIRA still believes that it is unlikely to happen, even if now would be the ideal time – low seasonal gas demand and limited risk to Western Europe – to trigger it. If Russia’s mega-investment in pipeline gas to Asia were already built, that would be one thing, but the broader plans for such a grid outlined in this week’s Gazprom Investment Day presentation do not envision such a system until late 2019 at the earliest. The longstanding marriage between European gas demand and Russian gas export revenues is very much alive and well, and with it, a marital compromise will have to be reached with regard to how Ukraine’s debts will be paid in the future.
Paltry Stock Build
The first EIA report of the injection season revealed a paltry 4 BCF build, splitting the uprights between the five-year average 9 BCF build and the year-ago 25 BCF draw. Nevertheless, the indicated figure was well below consensus estimates that called for a build some 10 BCF higher, and was even below the low end of the market’s range. With the report’s lowball number unmasking inherently more bullish underlying fundamentals, the NYMEX prompt contract rallied ~15¢ on the news, erasing early-session losses on its way to an overall day-on-day gain of ~7¢ by settlement.
Jump in Price Volatility Is Emerging in Three Major Markets
In the three major regional gas markets around the world, a noticeable jump in price volatility is emerging after several years of near dormancy. In North America, higher prices are being driven by low storage coming out of winter and in Europe, lower prices are being driven by high storage coming out of winter. In Asia, second quarter spot prices have dropped roughly 20% over the past 90 days and it is all too clear that buyers of choice have replaced buyers of necessity during the seasonal dip in Asian gas demand.
NYC-based PIRA Energy Group reports that coal pricing is benefiting from strength in natural gas markets. While in the Europe, discussions on pricing of French nuclear power appears stalled. Specifically, PIRA’s analysis of electricity and coal market fundamentals has revealed the following:
Coal Pricing Benefiting from Strength in Natural Gas Markets
Seaborne coal prices moved higher across the board last week, although weaker dry bulk freight rates gave more upside momentum to FOB pricing points than CIF ones. The threat of Russia cutting off gas to and through Ukraine grabbed headlines last week, sending NBP gas prices higher. The oil market also ticked up last week, and coal pricing followed suit. Coal specific fundamentals remain weak overall, with robust supply and sluggish demand growth.
The Costs of the French Nuclear Power Being Discussed
The discussion around the price of the ARENH (Regulated access to historical nuclear electricity) appears to have stalled. Set to be released by the end of March 2014, the decree updating the price of EDF’s nuclear power allocated to its competitors appears to be slated to be published only during the summer, leaving a big regulatory vacuum for large volumes of electricity at a time when the French electricity supply/demand balances are looking considerably bearish.
The information above is part of PIRA Energy Group’s weekly Energy Market Recap, which alerts readers to PIRA’s current analysis of energy markets around the world as well as the key economic and political factors driving those markets.
Click here for additional information on PIRA’s global energy commodity market research services.
PIRA Energy Group
3 Park Avenue, 26th Floor
New York, NY 10016
212-686-6808
sales(at)pira(dot)com
Follow us on LinkedIn& Twitter
How will crude oil trade flows evolve? What will determine the volume of U.S. product exports?
Click to view PIRA’s new multi client study: Shale Crude’s Growing Global Impact: Consequences for Trade Flows and Pricing Within and Beyond North America’s Borders
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Summit Racing Equipment and Smokey’s Dyno Put Big LS Power in a BMW E30
Tallmadge, OH (PRWEB) August 17, 2012
Putting an LS engine in a 3-series BMW is popular among road racers for the combination of inexpensive, reliable V8 power and exceptional handling dynamics. In fact, it’s popular enough that there are swap kits and components available.
“The E30 is one of the best chassis to come out of the BMW factory,” explained Jamy Lippencott, owner of Smokey’s Dyno. “The LS engine fits like it was made for the car, and it’s so easy to get ridiculous horsepower out of one. Plus, an all-aluminum LS1 or LS3 only weighs about 85 pounds more than the stock BMW four-cylinder, so the handling characteristics aren’t really affected.”
Known for its tuning prowess with high-end cars like Maseratis, Porsches, BMWs, and Corvettes, Smokey’s didn’t want to do something as ‘ordinary’ as an LS/BMW swap. The shop approached Summit Racing Equipment with a plan to build a real monster of a car—a 600-plus horsepower beastie that can terrorize the competition at the track, yet will happily take you to the store with the A/C on full blast.
Summit Racing and Trick Flow supplied the components for the engine. It is based on a GM Performance LSX 6.2L aluminum block filled with a Callies Compustar 4 inch stroke crank, Howard’s 6.125 inch billet rods, Wiseco pistons, and a Trick Flow TrackMax Stage 4 camshaft. Up top are a pair of Trick Flow GenX® 235 CNC-ported cylinder heads a F.A.S.T LSX intake, and F.A.S.T. fuel rails with 60 lb.-hr. Trick Flow fuel injectors. The fuel system is from Aeromotive. The engine is mated to a T-56 six-speed transmission.
The E30’s suspension has been totally revamped with components from a Z3 M roadster. The brakes are from a BMW M3. Covering those brakes are huge Billet Specialties Pro Touring wheels (18 x 11 front, 18 x 13 rear) on Toyo Proxis tires,
Adding to the coolness factor is the DTM Fiber Werkz body kit. Patterned after German Touring Car Series racers, Smokey’s E30 is one of only three cars in the U.S. to have one of these kits.
The E30 is currently in the final stages of completion (exhaust system fabrication, body kit fitment, body wrapping, etc.). It is scheduled to be displayed at the DTM Fiber Werkz booth at the 2012 SEMA Show in Las Vegas. Summit Racing will be running a series of build articles on its blog, OnAllCylinders.com, in the near future.
Smokey’s Dyno plans on running the car in road course competition in 2013 as well as attending East Coast Timing Association (ECTA) standing mile events and a possible stint on the Hot Rod Magazine Power Tour.
In-progress build images and detailed technical information is available for in-depth articles.
About Summit Racing Equipment
Established in 1968, Summit Racing Equipment is the leading high performance parts and accessories company in the world. Summit Racing offers the largest selection, best prices, and best customer service in the high performance industry via catalogs, Internet, and Retail Super Stores. The company is headquartered in Tallmadge, Ohio with retail locations in Tallmadge, Ohio; Sparks, Nevada; and McDonough, Georgia.
About Smokey’s Dyno
Smokey’s Dyno specializes in custom-tuning late model high performance vehicles, but also works on classic musclecars and other import and domestic vehicles. With 30+ years combined tuning experience plus a state of the art Superflow AutoDyn-30 AWD dynamometer, Smokey’s can provide the highest quality tune that makes horsepower without sacrificing reliability.
Attachments
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Posted in Industries & Professions | 
Tags: Dyno, Equipment, Power, Racing, Smokeys, Summit | 
1 Comment »
Liberty University Power Outage Relief Services Extended to Thursday; Liberty Mountain Snowflex Centre to Open
Lynchburg, Va. (PRWEB) July 03, 2012
Liberty University will be offering its relief services through Thursday for those in the Lynchburg, Va., community affected by the power outage.
Reber-Thomas Dining Hall will remain open to the public for breakfast (7-9 a.m.), lunch (11 a.m.-1 p.m.), and dinner (4:30-7 p.m.). The cost is $ 3; children and emergency services workers eat free. Sodexo, Liberty’s dining services provider, will have more bags of ice available at the Thomas Road Baptist Church parking lot after 4:30 p.m. Tuesday.
Liberty’s laundry facilities are available to the public from 6 a.m. to midnight. Cash conversion machines are on-site and provide a laundry card. Credit cards are not accepted.
The LaHaye Ice Center is open free to the public at the following times:
Tuesday: Public skating – 10 a.m.-noon and 2-5 p.m. (facility open 8 a.m.-7 p.m.)
Wednesday: Public skating – 9 a.m.-5 p.m. (facility open 8:30 a.m.-5:30 p.m.)
Thursday: Public skating – 10 a.m.-noon and 2-5 p.m. (facility open 8 a.m.-7 p.m.)
Liberty will continue to make the LaHaye Student Union available for restrooms, showers and computer use. The indoor track at Green Hall is also serving as a cooling station.
Liberty Mountain Snowflex Centre, which has been closed for repairs since Friday’s storm, is opening for free Thursday – Sunday for the entire community.
“We want to honor those who have worked hard to restore power, kept people safe, took care of people, families who opened up their houses, and also for those who struggled during this time and need a break and something fun to do,” said Drew Sherwood, general manager. Hours are as follows:
Thursday: 4 p.m.–midnight
Friday: 2 p.m.–1 a.m.
Saturday: Noon–10 p.m.
Sunday: Noon–midnight
Liberty will continue to offer dorm rooms throughout the duration of the crisis. There is a waiting list, however more rooms are becoming available as more residents receive power.
Liberty will extend these services to the community past Thursday if it is determined there is still a need. Continue to check http://www.liberty.edu/news for updates. News is also available on Liberty’s new mobile app, Liberty Today, which can be downloaded for free.
Liberty University, located in Lynchburg, Va., is the world’s largest Christian university. Nearly 100,000 students attend classes on its 6,800-acre residential campus and study in its thriving online education program.
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Find More General Press Releases
Sunny Days for Solar Power Business as Government Incentives Will Support Income Growth as Demand Heats Up
Los Angeles, CA (PRWEB) November 23, 2011
The Solar Energy business in the United States is set to develop a wholesome glow more than the next 5 years, according to IBISWorld, the nation’s largest publisher of market analysis. In that time, favorable government legislation is projected to continue to make solar energy cost-competitive with other energy generation sources. Also, via 2016, increased solar panel production will lead to lower panel costs, which will drive growth as the cost of the industry’s principal input declines. As a result of these trends, market income is forecast to rise at an typical annual rate of 11.4% and total $ 145.9 million through 2016.
According to IBISWorld’s latest statistics, general economic circumstances are anticipated to strengthen as consumer income increases and companies invest far more. As these trends prevail, growth in electricity demand is anticipated to follow. Demand for solar power will rise in tandem with electricity demand as firms seek to diversify power sources and “green” electricity becomes much more of a focus for the United States. Nevertheless, despite expected favorable government incentives over the subsequent five years, government legislation beyond 2012 will depend on the makeup of congress and the newly elected president. This will moderately limit revenue growth.
The Solar Power market has skilled bright days over the five years to 2011. Generous government incentives have pushed income growth by delivering tax credits for investing in solar power and by enacting renewable portfolio standards (RPSs). These standards, enacted in 29 states, need nearby utilities to create electricity from renewable energy as a percentage of their total power portfolio. Increased interest in green technology also influenced market efficiency by sparking interest in technologies that displace other sorts of power generation sources, such as coal and gas.
Favorable government assistance and nearby-government regulation regarding renewable energy has led to big growth in US solar power business projects benefiting organizations like, NextEra Power Inc., MEMC Electronic Supplies and Abengoa Solar. The boost reflects a high level of assistance for the industry, which typically has a hard time competing against traditional power-generation commodities, such as all-natural gas and oil. The assistance, supplied in the form of federal tax credits and RPSs, has pushed solar-electricity generation greater. In addition, as the global recession began, a glut in the international supply of silicon occurred, and Chinese solar panel and module manufacturers could not sell their merchandise at prerecession rates. As such, solar power producers acquired panels at less expensive rates. In turn, they experienced higher profit margins and undertook projects that were otherwise not profitable.
According to IBISWorld analyst, Justin Molavi, Government assistance is expected to continue to support market players in the US Solar Power market compete with other energy generation technologies by lowering the cost of solar projects. State mandates for renewable-power energy will continue to translate into greater industry income. Moreover, firming US economic growth during the next five years will contribute to much more robust demand conditions for electricity generators. As buyers have far more income and organizations invest more, demand for electricity will continue to boost. As a result, market firms are expected to benefit from the continued push into renewable-power generation, which will lead to elevated solar-power output. Given these circumstances, industry revenue is projected to grow an average of 11.four% per year over the next 5 years and total $ 145.9 million in 2016.
For far more information, download the full report from IBISWorld on the Solar Energy business
IBISWorld Solar Energy Market Marketplace Research Reports Contain:
About this Business
Business Definition
Major Activities
Comparable Industries
Extra Resources
Business at a Glance
Industry Performance
Executive Summary
Important External Drivers
Present Efficiency
Business Outlook
Market Life Cycle
Products & Markets
Supply Chain
Goods & Services
Significant Markets
Globalisation & Trade
Company Locations
Competitive Landscape
Market place Share Concentration
Crucial Success Aspects
Cost Structure Benchmarks
Barriers to Entry
Major Firms
Operating Circumstances
Capital Intensity
Key Statistics
Business Data
Annual Modify
Key Ratios
Jargon & Glossary
Follow IBISWorld on Twitter: https://twitter.com/#!/IBISWorld
Buddy IBISWorld on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189
About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of business and industry analysis, IBISWorld gives a comprehensive database of exclusive info and analysis on each and every US market. With an extensive online portfolio, valued for its depth and scope, the company equips customers with the insight essential to make far better business choices. Headquartered in Los Angeles, IBISWorld serves a range of organization, professional service and government organizations via more than 10 locations worldwide. For much more information, check out http://www.ibisworld.com or call 1-800-330-3772.
# # #
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Find More Industries & Professions Press Releases
Posted in Industries & Professions | Tags: Days, Demand, Government, Growth, Heats, Incentives, Industry, Power, Revenue, Solar, Sunny, Support | 7 Comments »
New Solar Power Systems at Point Loma Nazarene University to be Publicly Unveiled Nowadays
San Diego, CA (PRWEB) November 18, 2011
Two new solar systems will be devoted at a ribbon-cutting ceremony held these days at Point Loma Nazarene University (PLNU). The new 620kW DC photovoltaic (PV) technique and 54 kW solar thermal hot water method on PLNU’s campus will supply a combined savings of up to $ 1.6 million over the next 20 years. The projects create on PLNU’s very first solar PV technique developed by SPG Solar in 2008. PLNU continues to show their commitment to sustainability with one of the highest ratios of solar power to students in the U.S.
SPG Solar – a leading national solar power company – developed, engineered and constructed the 620kW technique that spans two rooftops and 5 solar carports, employing Kyocera KD 235-watt solar panels. Perpetual Energy Systems financed the method via a Energy Buy Agreement under which PLNU will acquire the electricity produced at a predetermined rate over 20 years.
Concurrent to the PV system’s construction was the installation of a 54 kW solar water heating method by Adroit Solar, an integrator of solar thermal systems. The technique will give an estimated 940 gallons of hot water a day to the student dorms and save the university $ 5,000 annually on utility bills. The project was financed by the Student Green Fund, a $ 5 semester fee initiated by students to offer funding for sustainability efforts on campus.
The two projects, which include much more than 2,600 Kyocera solar panels, are expected to create over 917,000 kilowatt-hours annually and give a savings of up to $ 1.6 million more than the subsequent two decades.
What the partners are saying about these innovative solar projects:
“PLNU strives to be forward thinking and take a leadership role in sustainability efforts and environmental stewardship,” said Dr. Bob Brower, president of PLNU. “The stewardship of resources is 1 of our core values. It was by way of the robust partnership with Kyocera, SPG Solar, Perpetual Power Systems, and Adroit Solar that we were in a position to expand our solar portfolio.”
“SPG Solar values its wonderful partnership with Point Loma Nazarene University, to date installing practically 1 megawatt (MW) of solar power on the campus,” stated SPG Solar CEO Chris Robine. “Through the devoted support from the students, faculty and staff, PLNU is a leader and preparing for the future – securing predictable power rates and enriching the educational experience for the students with this cross campus solar energy program.”
“PLNU is 1 of the most innovative universities, filled with students and faculty who are driven by power, water and resource conservation. We applaud their selection to install a solar thermal technique, which further showcases their sustainability efforts and gives consistent financial savings for years to come,” stated Jim Backman, President of Adroit Solar.
“Recognized for its leadership in the region of sustainability, PLNU has joined a growing number of environmentally conscience academic institutions whose investment in clean solar generated-electricity will benefit future generations,” mentioned Steve Hill, president of Kyocera Solar, Inc.
“PES is proud to count PLNU among the ranks of universities that clearly comprehend the benefits of hosting solar energy via power purchase agreements,” stated Michael Streams, Senior Vice President of Perpetual Energy Systems.
About Point Loma Nazarene University
Point Loma Nazarene University is a selective Christian liberal arts university situated in San Diego, California. Founded in 1902, PLNU is known not only for its 90-acre campus overlooking the Pacific Ocean but also for its well-rounded, forward-thinking graduates. In addition to a lot more than 50 undergraduate locations of study, PLNU gives graduate plan regional centers in Bakersfield, Arcadia, Mission Valley (San Diego) and the Inland Empire. PLNU serves far more than 3,500 students. To learn a lot more about PLNU visit http://www.pointloma.edu.
About SPG Solar
SPG Solar is a leading national solar power company providing the highest good quality and most trustworthy distributed solar power systems to huge commercial, industrial, government and public power users. Headquartered in the Bay Area, California, SPG Solar has been delivering the highest good quality solar power solutions to its buyers for more than a decade. SPG Solar supplies the ideal items and services to customers from the SPG Solar SunSeeker® Tracker, a leading ground mount technique producing far more solar energy, to SPG Solar Structured Finance, a team providing a full array of monetary resources and expertise. With more than 68 megawatts installed coast-to-coast, SPG Solar is a confirmed solar partner. For far more information on SPG Solar and distributed solar power, please check out http://www.spgsolar.com.
About KYOCERA
Kyocera Corporation, a public business (http://global.kyocera.com/), the parent and global headquarters of the Kyocera Group, was founded in 1959 as a producer of fine ceramics (also identified as “advanced ceramics”). By combining these engineered materials with metals and plastics, and integrating them with other technologies, Kyocera has grow to be a leading supplier of solar power generating systems, telecommunications equipment, printers, copiers, electronic elements, semiconductor packages, cutting tools and industrial ceramics. During the year ended March 31, 2011, the company’s net sales totaled 1.27 trillion yen (approx. USD15.3 billion). The firm is ranked #604 on Forbes magazine’s 2011 “Global 2000” listing of the world’s largest publicly traded organizations.
About Perpetual Power Systems
Perpetual Power Systems is an independent power provider of solar energy projects, and has completed systems for Caltech, Santa Clara University, University of Delaware, Siemens, Jefferson Union School District and the City of Hollister, to name a couple of. By utilizing the Energy Buy Agreement (PPA), Perpetual is able to supply educational, industrial, commercial and municipal enterprises with on-site clean, energy resources with no capital (zero) outlay required from the host. Perpetual combines renewable power tax incentives with conventional financing and sponsor equity to accomplish the design, construction, installation, operations and maintenance of renewable energy systems. For a lot more info, please get in touch with Michael Streams at (310) 497-2134, or go to http://www.goperpetual.com.
About Adroit Solar
Adroit Solar is a San Diego renewable energy and energy effective technology contractor with 25 years of experience in the business. Adroit Solar installs solar photovoltaic, solar thermal, ground source geothermal heating and cooling systems, radiant heating and cooling systems, hydrogen fuel cells, micro turbines and offers style and specification function for development of energy independent “net zero,” high-end residential and commercial properties. They are a licensed contractor in California and Hawaii with C46 (solar) and C36 (plumbing) licenses, a member of the U.S. Green Constructing Council (USGBC). Check out http://www.adroitsolar.com to find out more.
# # #
Attachments
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Posted in Equities & Stocks | Tags: Loma, Nazarene, Point, Power, Publicly, Solar, Systems, Today, University, Unveiled | 8 Comments »