Wave machine supplies power to national grid
British engineers have succeeded in supplying electricity generated from wave power to the national grid for the first time. A machine off the coast of Orkney has been generating electricity for a week. Its performance is being monitored by scientists at the European Marine Energy Centre. also more about this story at
Newsweek Special Report
"Experts generally agree that our current reliance on fossil fuels is unsustainable. Already oil is near $50 per barrel, and the great millions of Chinese and Indians destined to take to the road in the next decades have not yet gotten behind the wheel." This week Newsweek has written several special reports about alternative energy in all its forms. All of these reports can be found at the following link.
Water Treatment With a Latin Beat
by Debra Fiakas, CFA
The post “Water: Invisible Crisis” on December 6th highlighted the building problem of inadequate supplies of quality water in Latin America. The World Water Council’s Comision Nacional Del Agua reports that As much as one-third of the Latin America population lacks access to safe water. Unabated pollution and lack of water treatment have been identified as culprits. In South America, for example, 40% to 60% of water comes from aquifers that are subject to increasing pollution from untreated run-off from mining and agriculture operations.
Our survey of Latin America water sector in South America found an interesting mix of pollution abatement and water treatment...
List of Hydroelectric Stocks
Hydroelectric stocks are publicly traded companies whose business involves converting the energy of falling water into electricity.
This list was last updated on 11/20/2020.
Andritz AG (ADRZF,ANDR.VI)
Brookfield Renewable Energy Partners (BEP)
Contact Energy Limited (CEN.NZ, COENF)
Genesis Energy (GNE.NZ)
Innergex Renewable Energy Inc. (INE.TO, INGXF)
Iniziative Bresciane S.p.A. (IB.MI)
Companhia Energética de Minas Gerais (CIG)
Mercury NZ Limited (MCY.NZ)
Meridian Energy (MEL.NZ)
National Hydro Power Corporation (NHPC.NSE)
National Thermal Power Corporation (NTPC.NSE)
Reservoir Capital Corp. (REO.CN. RSERF)
RusHydro (HYDR.L, RSHYY)
Satluj Jal Vidyut Nigam Limited (SJVN.NSE)
Trustpower (TPW.NZ)
Verbund, AG (VER.VI, OEZVY)
If you know of any hydroelectric stock that is not listed here and should be, please let us know by leaving a comment. Also for...
Hydropower project tested on Merrimack
Privately held Verdant Power is developing technology for a new type of hydropower that, unlike conventional hydropower, does not involve the use of dams. Instead, it seeks to capture ''kinetic energy" from the moving water found in tidal streams, rivers, and the ocean, and in human-made facilities such as aqueducts and irrigation canals. This project will be developed on a section of the Merrimack River in Massachusetts.
Construction of Shihwa Lake Tidal Power Plant Begins Next Month
This November, the construction of the world’s largest tidal power plant will begin at Ansan City’s Shihwa Lake in Gyeonggi Province, and next year, the construction of an experimental current power plant will start in Haenam County at Uldol-mok. As an aside, this website has a great feature that allows you to listen to a text-to-speach version of this article in either a male or female voice.
Five Alternative Energy Stocks I’ll Research “One of These Days”
I have more ideas than I have time to explore them, and it's getting out of hand. I still need to write the promised articles on Evergreen Solar (ESLR) and Lithium Technology Corp (LTHU), but there are many others that have caught my attention over the last six months or so. Since the list keeps getting longer, I thought I'd just give you a taste of some of the companies in my inbox, and why they seem interesting. Since I may or may not ever write articles about any of these, I thought I'd give people the opportunity to...
Internal Hydro International Inc. Announces Purchase Contract of $2,250,000 for 100 Energy Units and...
Internal Hydro International Inc. (IHDR) announces that the Company has entered into a purchase agreement with El Tigre Development Inc. (ETIG) for the purchase of 100 Energy Commander Units. The purchase price of the 100 units will be $2,250,000.00 for placement by ETIG in the United States and elsewhere. The agreement calls for IHDR and ETIG to share in revenue generated from each unit beyond the purchase price. The Energy Commander technology uses IHDR's patented low impact hydro technology utilizing water or gas flow from any source where pressure is present. The technology uses water or gas pressure...
ENDESA Will Invest Euro 286 Million in New Wind Farms and Mini Hydro Plants...
ENDESA (ELE) has received authorisation to build and start up new wind farms and mini hydro plants this year, requiring an investment of Euro 286 million. The start-up of these projects, part of ENDESA's Strategic Plan, will add 277 MW to ENDESA's generation capacity, 252 MW in wind (for a Euro 250 million) and 25 MW in mini hydro capacity (for an investment of around Euro 60 million). Facilities already under construction and expected to come on stream in 2005 include the wind farms at Pena Ventosa and Chan do Tenon in Galicia, Las Hoyuelas in Castilla La...
Internal Hyrdo Sets Alternative Energy Unit Deployment for U.S.
Internal Hydro International Inc. (IHDR) announces that it will be field testing production units of the Energy Commander V 30 Kw small hydro product. These EC V untils are able to supply a constant 30 kilowatts of constantly available electricity via the natural flows of water from dams, water pipelines, streams and rivers.
Income From Hydroelectric Power
by Debra Fiakas CFA Are you an investor hungry for current income? Is there a green line of global warming fear running through your investment selections? I have stock that fulfills both requirements. Brookfield Renewable Energy Partners (BEP: NYSE) is a renewable power producer with assets in Canada, the U.S. and Brazil. Brookfield generates over 5,900 megawatts of power each year from plants running on river water, wind or natural gas. Another 2,000 megawatts is apparently under development in Canada and Brazil. What Brookfield does best is hydroelectric production. The company claims over 170...
BT gets behind renewable energy
British Telecom has announced a three-year plan to get all of its energy needs from renewable sources - the biggest such project in the world. The electricity used, worth hundreds of millions of pounds, could power a city the size of Nottingham. Renewable sources of energy include wind, wave and solar power, rather than using fossil fuels like oil or coal.
Another Look at the Algonquin Power Income Fund
Tom Konrad, Ph.D., CFA The Algonquin Power Income Fund (AGQNF.PK) has been one of my star performers in an excellent year. Is it still a good investment at these prices? Since I recommended the Algonquin Power Income Fund (AGQNF.PK/APF-UN.TO) in January as a renewable energy income stock for 2009, the company is up 69%, in addition to the C$0.02 monthly dividend, worth approximately another 8% through August on the US$1.82 purchase price, making it the second-best performing of my ten picks (after Cree, Inc (CREE).) However, since the major basis for my recommendation at the time was the...
Focus On Clean Power Income Trusts
Last week, Tom brought you a piece on the Algonquin Power Income Fund (AGQNF.PK), in which he opined that shift in investor attention away from capital gains toward yield might eventually provide a catalyst for the prices of yield-focused securities such as income trusts to rise. So-called utility trusts, or income trusts where the underlying corporation is engaged in utility activities such as power generation, are a common feature of the Canadian income trust sector (the mother of all income trust sectors). A sub-set of utility trusts is the clean power utility trust, where the power generation...
Buying Innergex – Texas Was Bad, But Not That Bad
By Tom Konrad, Ph.D., CFA
Last week, I published this call to buy Innergex (INGXF, INE.TO) because investors had been overreacting to the losses from the February cold snap in Texas. The stock is up since then, but still seems a decent value.
Canadian Yieldco Innergex Renewable Energy (INGXF, INE.TO) took a big financial hit from the power disruptions in Texas in March.
It's complex, but their financial hedges on power prices for three of its wind farms ended up creating enormous liabilities - more, in fact, than two of their wind farms are worth. Two of their facilities also had benefits...
Administration Lays the Groundwork for Hydropower Boom
Tom Konrad CFA The US Department of the Interior, the Department of Energy (DOE), and the US Army Corps of Engineers are quietly laying the groundwork for a renewable energy boom that you might not expect. What they've done is announce a memorandum of understanding to work together to support environmentally sustainable hydropower. They're not talking about building new dams, which have questionable environmental benefit, but rather to remove barriers to developing cost-effective hydropower at existing dams and waterworks. Hydropower does not get much attention from investors. In large part, that's because of the lack...
