23 November 2015 2015 04:43 AM GMT

Baseload Acquires 55-MW Geothermal Plant in California

Baseload Clean Energy Partners, a clean energy portfolio owned and operated by AltaRock Energy, has acquired Bottle Rock Power, the owner of a 55-megawatt dry-steam geothermal plant in Lake County, California.

BCEP purchased the remaining equity in the plant and associated leases for an undisclosed sum from Riverstone Holdings and U.S. Renewables Group. The company plans to upgrade the existing facilities to include energy storage in an effort to better manage supply and demand on the power grid.

Bottle Rock Power is part of a broader complex of geothermal plants located within the Geysers, the largest geothermal field in the world. The acquisition contributes to BCEP’s overall goal of aggregating assets that benefit substantially from improvements in advanced energy technology.

“The next step in our strategy is the integration of energy storage within existing plants,” said Aaron Mandell, chief executive officer of BCEP. “Bottle Rock is an extremely valuable asset given the project’s access to the Northern California energy markets and future expansion potential of the geothermal resource. In the near term, we will focus on safely maintaining the existing plant and well field, but are actively working towards adding performance enhancements to enable flexible generation using energy storage.”

June 20th 2018
Battery Boom: Wind And Solar Can Generate Half Of Worldwide Electricity By 2050

Coal is to shrink to just 11% of global electricity generation by mid-century, from 38% now, as costs shift heavily in favour of wind, solar and batteries. Wind and solar are set to surge to almost “50 by 50” – 50% of world generation by 2050 due to reductions in cost. “Cheap battery storage means that it becomes increasingly possible to finesse the delivery of electricity from wind and solar so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. The result will be renewables eating up more and more of the existing market for coal, gas and nuclear.”

January 10th 2018
US: Doubling Of Wind & Solar Capacity Possible By 2020 as Coal & Nuclear Drop

In the latest issue of its “Energy Infrastructure Update” (with data through November 30, 2017), the Federal Energy Regulatory Commission (FERC) notes that proposed net additions to generating capacity by utility-scale wind and solar could total 115,984 megawatts (MW) by December 2020 – effectively doubling their current installed capacity of 115,520 MW.  The numbers were released as FERC prepares for a January 10 meeting to consider U.S. Department of Energy Secretary Rick Perry’s proposal for a bailout of the coal and nuclear industries.

June 12th 2018
Mission E: Porsche’s First Fully Electric Sports Car Is Named Taycan

Porsche have announced that series production of its first purely electric vehicle is set to begin next year. The “Mission E” concept study, the name currently used to describe Porsche’s complete electric offering, will be known as the Taycan. Two permanently excited synchronous motors (PSM) with a system output of over 600 hp (440 kW) accelerate the electric sports car to 100 km/h in well under 3.5 seconds and to 200 km/h in under twelve seconds. This performance is in addition to a continuous power level that is unprecedented among electric vehicles.