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07 июня 2016, 09:06

В Чили так много энергии, что потребители получают ее бесплатно (Это очень хорошо для потребителей, но плохо для поставщиков энергии)

Цена на электроэнергию в Чили 113 дней подряд в этом году падали до нуля в определенный момент. Дело том, что в Чили работают мощные солнечные электростанции, поставляющие энергию с избытком. Солнечных дней в этой стране много, и станции вырабатывают большое количество энергии. Настолько большое, что девать ее уже просто некуда. Поэтому потребители получают электроэнергию бесплатно. Для Чили это не в новинку. В прошлом году была аналогичная ситуация, когда цены на энергию держались на нулевой отметке 192 дня. В этом году рекорд, скорее всего, будет побит. Местные жители и владельцы энергоемких предприятий, конечно, рады. Но все не так радужно, как может показаться - у бесплатной энергии есть и отрицательная сторона. Дело в том, что энергетические компании в Чили принадлежат частному бизнесу, который сейчас не получает ни прибыли, ни дохода. А ведь поддержание энергетической инфраструктуры в рабочем состоянии требует денег. Кроме того, представителям энергетического сектора нужно где-то получить деньги для строительства новых объектов, которые будут заменять старые станции. Ранее производственный бум в Чили привел к значительному повышению потребности страны в энергии. Частный бизнес пришел на помощь: различные компании построили 29 солнечных ферм, и еще 15 запланировано. Строительство энергостанций производилось с расчетом на продолжение экономического роста. Но сейчас во всем мире рост экономики замедляется, а Чили уже не нужно столько энергии, сколько вырабатывают станции. Больше всего энергии потребляла медная промышленность страны, и после того, как спрос на медь упал, производственные объекты уже не в состоянии потреблять столько энергии, сколько раньше. Инвесторы же теряют деньги. К примеру, компания Acciona SA инвестировала $343 млн в проект строительства 247-мегагваттной станции. По плану, это крупнейшая такая станция во всей Латинской Америке. Деньги вложены, но будет ли получена прибыль, или хотя бы возвращены средства? Руководитель компании уже не слишком в этом уверен. Проблемная инфраструктура Крупнейшей проблемой для энергетической инфраструктуры страны является то, что вся энергосистема разделена на две части: центральную и северную. Обе части не связаны друг с другом. Экс-глава сектора возобновляемой энергии Карлос Барриа (Carlos Barria) утверждает, что если в одной части переизбыток энергии, а в другой требуется больше энергии, ничего сделать нельзя. Сейчас ситуацию планируют исправить, но на это потребуется время. Для того, чтобы соединить обе части энергетической системы страны, требуется построить линию электропередачи длиной в 3000 километров. Такую линию уже начинают строить, но проект может быть завершен только к 2017 году. Кроме того, будет построена еще одна линия длиной в 753 километра, для того, чтобы улучшить связность северной энергетической системы. Солнечные энергостанции Мощности солнечных энергостанций Чили постоянно растут, а количество таких объектов продолжает увеличиваться. С 2013 года мощность всей "солнечной" энергосистемы страны увеличилась в четыре раза, вплоть до 770 МВт. Наибольший рост наблюдается именно в северных секциях энергосистемы, регионе Атакама, являющийся центром производства и обработки меди в стране. Только за прошлый год общая увеличенная мощность увеличилась на 5%. Около 50% поставок энергии обеспечивают солнечные фермы. В этом году планируется построить дополнительные мощности - реализация этих проектов началась еще в прошлом году, так что строительство останавливать не будут. Тем не менее, в том же регионе Атакама средняя цена мегаватта опустилась до $60. Это меньше тех $70 за мегаватт, за которые обязались поставлять энергию компании, выигравшие долгосрочные аукционы в Чили. Такая ситуация негативно влияет на развитие энергетического сектора страны в долгосрочной перспективе. Да, сейчас все хорошо, и строительство продолжается. Но в ближайшем будущем инвесторы просто прекратят вкладывать средства в энергетические объекты Чили. Уже сейчас некоторые компании отказываются продолжать финансирование ряда проектов, в дальнейшем ситуация может только усугубиться. По словам представителей энергетических компаний страны, ситуация с ценами стала почти неконтролируемой из-за слишком бурного развития альтернативной энергетики. "Быстрое развитие альтернативной энергетики стало для нас сюрпризом, и мы должны реагировать быстро", - сказал Сальваторе Бернабеи (Salvatore Bernabei), глава Enel Green Power SpA. Пока же проблема не решена, низкие (нулевые) цены на электричество будут негативным образом сказываться на деятельности энергокомпаний. А что в Европе? Для Европы такая ситуация тоже не является удивительной. В Германии потребителям энергии в иные дни даже платят за использование электричества. Так, 8 мая, в воскресенье, Германия побила новый рекорд в генерации энергии из возобновляемых источников. Благодаря солнечной и одновременно ветреной погоде совокупное производство энергии солнечными, ветро, гидро и биоэнергостанциями составило около 55 ГВт. Всего же в стране в этот день было потреблено 63 ГВт энергии. Таким образом, доля возобновляемых источников составила около 87%. На несколько часов цены ушли в минус, что означает выплаты потребителям энергии. Правда, в Европе энергетическим компаниям немного проще справляться с такими ценами. Производители "зеленой" энергии оказываются в плюсе даже при минусовых ценах - здесь следует учитывать субсидии на производство чистой энергии. Проблема еще в том, что зачастую излишки энергии девать просто некуда - "экспортные" линии могут оказаться слишком "узкими", а отправлять энергию куда-то нужно. Поэтому производители энергии рады избавиться от излишков даже с учетом доплаты. А вообще, если брать средний показатель, солнечная электроэнергия подешевела на 50% за последние 16 месяцев. Надо думать, субсидировать "зеленых" энергетиков в скором времени перестанут, и тогда начнется уже реальная конкуренция между "альтернативщиками" и "классиками". Речь, конечно, об энергетических компаниях, производящих энергию различными методами, а не о музыкантах. geektimes.ru/post/276794/(http://www.bloomberg.com/...)

07 июня 2016, 09:06

В Чили так много энергии, что потребители получают ее бесплатно (Это очень хорошо для потребителей, но плохо для поставщиков энергии)

Цена на электроэнергию в Чили 113 дней подряд в этом году падали до нуля в определенный момент. Дело том, что в Чили работают мощные солнечные электростанции, поставляющие энергию с избытком. Солнечных дней в этой стране много, и станции вырабатывают большое количество энергии. Настолько большое, что девать ее уже просто некуда. Поэтому потребители получают электроэнергию бесплатно. Для Чили это не в новинку. В прошлом году была аналогичная ситуация, когда цены на энергию держались на нулевой отметке 192 дня. В этом году рекорд, скорее всего, будет побит. Местные жители и владельцы энергоемких предприятий, конечно, рады. Но все не так радужно, как может показаться - у бесплатной энергии есть и отрицательная сторона. Дело в том, что энергетические компании в Чили принадлежат частному бизнесу, который сейчас не получает ни прибыли, ни дохода. А ведь поддержание энергетической инфраструктуры в рабочем состоянии требует денег. Кроме того, представителям энергетического сектора нужно где-то получить деньги для строительства новых объектов, которые будут заменять старые станции. Ранее производственный бум в Чили привел к значительному повышению потребности страны в энергии. Частный бизнес пришел на помощь: различные компании построили 29 солнечных ферм, и еще 15 запланировано. Строительство энергостанций производилось с расчетом на продолжение экономического роста. Но сейчас во всем мире рост экономики замедляется, а Чили уже не нужно столько энергии, сколько вырабатывают станции. Больше всего энергии потребляла медная промышленность страны, и после того, как спрос на медь упал, производственные объекты уже не в состоянии потреблять столько энергии, сколько раньше. Инвесторы же теряют деньги. К примеру, компания Acciona SA инвестировала $343 млн в проект строительства 247-мегагваттной станции. По плану, это крупнейшая такая станция во всей Латинской Америке. Деньги вложены, но будет ли получена прибыль, или хотя бы возвращены средства? Руководитель компании уже не слишком в этом уверен. Проблемная инфраструктура Крупнейшей проблемой для энергетической инфраструктуры страны является то, что вся энергосистема разделена на две части: центральную и северную. Обе части не связаны друг с другом. Экс-глава сектора возобновляемой энергии Карлос Барриа (Carlos Barria) утверждает, что если в одной части переизбыток энергии, а в другой требуется больше энергии, ничего сделать нельзя. Сейчас ситуацию планируют исправить, но на это потребуется время. Для того, чтобы соединить обе части энергетической системы страны, требуется построить линию электропередачи длиной в 3000 километров. Такую линию уже начинают строить, но проект может быть завершен только к 2017 году. Кроме того, будет построена еще одна линия длиной в 753 километра, для того, чтобы улучшить связность северной энергетической системы. Солнечные энергостанции Мощности солнечных энергостанций Чили постоянно растут, а количество таких объектов продолжает увеличиваться. С 2013 года мощность всей "солнечной" энергосистемы страны увеличилась в четыре раза, вплоть до 770 МВт. Наибольший рост наблюдается именно в северных секциях энергосистемы, регионе Атакама, являющийся центром производства и обработки меди в стране. Только за прошлый год общая увеличенная мощность увеличилась на 5%. Около 50% поставок энергии обеспечивают солнечные фермы. В этом году планируется построить дополнительные мощности - реализация этих проектов началась еще в прошлом году, так что строительство останавливать не будут. Тем не менее, в том же регионе Атакама средняя цена мегаватта опустилась до $60. Это меньше тех $70 за мегаватт, за которые обязались поставлять энергию компании, выигравшие долгосрочные аукционы в Чили. Такая ситуация негативно влияет на развитие энергетического сектора страны в долгосрочной перспективе. Да, сейчас все хорошо, и строительство продолжается. Но в ближайшем будущем инвесторы просто прекратят вкладывать средства в энергетические объекты Чили. Уже сейчас некоторые компании отказываются продолжать финансирование ряда проектов, в дальнейшем ситуация может только усугубиться. По словам представителей энергетических компаний страны, ситуация с ценами стала почти неконтролируемой из-за слишком бурного развития альтернативной энергетики. "Быстрое развитие альтернативной энергетики стало для нас сюрпризом, и мы должны реагировать быстро", - сказал Сальваторе Бернабеи (Salvatore Bernabei), глава Enel Green Power SpA. Пока же проблема не решена, низкие (нулевые) цены на электричество будут негативным образом сказываться на деятельности энергокомпаний. А что в Европе? Для Европы такая ситуация тоже не является удивительной. В Германии потребителям энергии в иные дни даже платят за использование электричества. Так, 8 мая, в воскресенье, Германия побила новый рекорд в генерации энергии из возобновляемых источников. Благодаря солнечной и одновременно ветреной погоде совокупное производство энергии солнечными, ветро, гидро и биоэнергостанциями составило около 55 ГВт. Всего же в стране в этот день было потреблено 63 ГВт энергии. Таким образом, доля возобновляемых источников составила около 87%. На несколько часов цены ушли в минус, что означает выплаты потребителям энергии. Правда, в Европе энергетическим компаниям немного проще справляться с такими ценами. Производители "зеленой" энергии оказываются в плюсе даже при минусовых ценах - здесь следует учитывать субсидии на производство чистой энергии. Проблема еще в том, что зачастую излишки энергии девать просто некуда - "экспортные" линии могут оказаться слишком "узкими", а отправлять энергию куда-то нужно. Поэтому производители энергии рады избавиться от излишков даже с учетом доплаты. А вообще, если брать средний показатель, солнечная электроэнергия подешевела на 50% за последние 16 месяцев. Надо думать, субсидировать "зеленых" энергетиков в скором времени перестанут, и тогда начнется уже реальная конкуренция между "альтернативщиками" и "классиками". Речь, конечно, об энергетических компаниях, производящих энергию различными методами, а не о музыкантах. geektimes.ru/post/276794/(http://www.bloomberg.com/...)

Выбор редакции
22 марта 2016, 21:00

Nordex планирует завершить приобретение Acciona Windpower уже в начале апреля

Немецкий производитель ветряных двигателей Nordex планирует завершить приобретение испанской компании Acciona Windpower уже в начале апреля. Напомним, что сумма данной сделки составит 785 млн евро ($884 млн).

Выбор редакции
22 марта 2016, 11:08

Nordex планирует завершить приобретение Acciona Windpower уже в начале апреля

Немецкий производитель ветряных двигателей Nordex планирует завершить приобретение испанской компании Acciona Windpower уже в начале апреля. Напомним, что сумма данной сделки составит 785 млн евро ($884 млн).

10 декабря 2015, 17:34

A View From Paris: Business Stepping Up

This post first appeared at Sustainable Brands The Conference of the Parties ...COP21... the climate conference ... or just "Paris," as in "What's going to happen in Paris?" The last two weeks in the City of Light have been dedicated to defying terrorism and intolerance and moving the world toward a solution to climate change. Thousands of people are attending dozens of events, all swirling around the official negotiations of 190-plus countries trying to save the planet and the people on it. Most of the world's elected leaders came together last week to kick things off, accompanied by a parade of dignitaries, including government officials, CEOs, and movie stars (or fun hybrids of multiple categories like Governor Schwarzenegger). I spent a few days in Paris taking part in some business-focused conferences. Sustainable Brands asked for my thoughts and reactions when I returned. Summarizing what's going on in Paris is impossible given the scale of activity: Every day, just for those interested in the role of business, there were multiple simultaneous, large conferences featuring heavy hitters from the public and private sectors. But based on what I heard from people buried deeper in the discussions, and at the events I attended or had a role in (I was emcee and moderator at the UN Global Compact Caring for Climate Business Forum), here are my impressions of what's going on over there. But keep in mind that, like the proverbial people in a dark room trying to describe an elephant they are touching, I've got only one small angle on it all. Here are some themes and ideas that at times contradict each other (it's not a black and white world) ... Optimism for a real deal The difference this year is palpable. My colleague Hunter Lovins told me at a dinner we both spoke at that while she knew Copenhagen would fail (in 2009), this year is different. Commitments from 185 countries coming into the negotiations were real and substantial. And the world seems convinced now, with very limited resistance to the idea that we must do something (besides some carping from oil giants, global petro-dictators, and the U.S. GOP). So expectations are high that a deal is coming in the next couple of days. That said, there's some harsh reality that many are painfully aware of ... Realism about the deal (or, the difference between 1.5 and 2 degrees warming) Everyone in Paris knows that the commitments will only get the world to a warming of 3 to 4 degrees Celsius, which is disastrous. But most seem to believe that we will accelerate carbon reductions and somehow get to 2 degrees. But I heard repeated reminders that even 2 degrees is inadequate for reasons both powerful and heartbreaking. At one event, the poet Kathy Jetnil-Kijiner explained what happens to her country, the Marshall Islands, if we reach 2 degrees warming. The islands, along with low-lying areas around the world such as significant portions of Bangladesh, will be underwater. The call from many is for a 1.5-degree target, a very tough goal. And yet, oddly in juxtaposition with this realism, I saw indications of aggressive thinking ... Ambitious discussions based in the hard science The draft agreement the UN released a few days ago has some language about holding temperature to 1.5 degrees (Article 2.1.a). The draft a few days ago also includes an important entry that I believe is completely new to global negotiations: an actual date range - the years 2060 to 2080 - for when the world would need to reach zero carbon (see Article 3.1.c). Update: The latest draft yesterday was more vague on this point without a specific year. Consensus on what we need from policy A panel I moderated included the CEO of a major EU energy company (Jose Manuel Entrecanales from Acciona), the head of the UN Global Compact (Lise Kingo), the CEO of a major Swedish pension fund (Mats Andersson), and the Executive Director ofOxfam (Winnie Byanyima). These diverse views coalesced around a short list of policy needs: the end of fossil fuel subsidies, a carbon price (or as Entrecanales put it, the "end of indirect subsidies"), regulatory stability, "money on the table" to help people adapt around the world, and a commitment to communications that make the case and bring people along. Concern about the fossil fuel industry and its workers While there was talk about how people could lose their countries if we don't do anything about climate, there was an oddly parallel theme that focused on concern about those who would lose out in a clean economy. At the Caring for Climate event, the Executive Director of UNEP, Achim Steiner, said we want to "minimize the number of losers in this transformation." The Chairman and CEO of HSBC, Stuart Thomson Gulliver, added his view that we should "not leave fossil fuel companies behind." Gulliver said clearly that the financial world should reduce flows of funds to the older technologies, but said we need "an orderly transition." I understand the need to make everyone comfortable to keep things moving along - and I'm strongly in favor of helping those working in industries like coal that will go away - but I fear that the time for a gentle transition may have passed us. Fantastic turnout of business leadership The ambition of the negotiators is important, but given the role of business in making a low-carbon world happen, it was especially heartening to see how big the business turnout was, and how big the talk. Events were peppered with CEOs of many of the world's largest companies (some usual suspects like Unilever's Paul Polman andMarks & Spencer's Marc Bolland, but also some relative newcomers like Avery Dennison's Dean Scarborough and Kellogg's John Bryant). These leaders came to talk and listen. Many had already made big announcements leading up to the conference but they were restating them loudly - such as Google's commitment to buy another gigawatt of renewable power (on top of the nearly 1GW it already has). And at the Caring for Climate conference, the Science-Based Targets initiative announced that 114 companies - including Procter & Gamble, Sony, General Mills, Kellogg, Pfizer, Avery Dennison, Kering, L'Oréal and Mars, among many others - have committed to set emissions-reduction targets in line with what scientists say is necessary to keep global warming below the dangerous threshold of 2 degrees Celsius. IKEA showed how it can go even further than it's 100 percent renewable target (which it will reach soon) to reduce customers' impacts - the retailer committed to go "all in" to push for transformational change and sell 500 million LED light bulbs over the next 5 years. Marks & Spencer and IKEA have also both been selling hundreds of thousands of solar systems to customers. A different tone from EU companies I was struck consistently by how different the EU leaders can sound than most in the US. Granted, these were climate conferences, and people were putting their best faces on, but it's still amazing to hear CEOs like Polman and Bolland talk about existential threats. Or hear an exec from oil giant Statoil recognize plainly a fundamental transition in the energy business away from fossil fuels, support a price on carbon to accelerate the shift and say, "of course we need to stop fossil fuel subsidies." We in America have our sustainability leaders, but not many that speak as strongly or recognize the scale of the challenge humanity faces. A can-do spirit Some business leaders talked about the substantial work it will take to build a low-carbon world - such as Google's John Woolard describing the 1 to 3 gigawatts of renewables we need to build every day between now and 2040. But tough to do does not mean impossible. Nobody indicated that the transformation, or getting consumers all on board, would be easy, but they were not deterred either. Many noted the precipitous drop in the cost of renewables over the last 5 years. Leaders from utilities in the EU also talked about how they have integrated the intermittent sources from solar and wind into the grid - including how they handled a recent solar eclipse in Germany which forced 40 gigawatts of solar offline and back on in minutes. In short, a majority renewables grid is not only possible, it's already happening. Finally, as Betrand Piccard, the man who is flying around the world in a solar plane, said, "The impossible always takes a little more time than possible." In total, the tone in Paris was balanced yet ambitious and realistic yet optimistic. I haven't felt as positive about our potential for real change in a long time. In the quest for a sustainable world, this year has been special, and Paris seems to be a fitting end ... and beginning. -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.

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18 июня 2015, 19:35

Spain stocks higher at close of trade; IBEX 35 up 0.54%

Spain stocks were higher after the close on Thursday, as gains in the Consumer Services, Financial Services&Real Estate and Telecoms&IT sectors led shares higher. At the close in Madrid, the IBEX 35 rose 0.54%. The best performers of the session on the IBEX 35 were Indra A (MADRID:IDR), which rose 1.95% or 0.180 points to trade at 9.409 at the close. Meanwhile, Red Electrica Corp. (MADRID:REE) added 1.53% or 1.100 points to end at 73.010 and Acciona (MADRID:ANA) was up 1.29% or 0.850 points to 66.580 in late trade. The worst performers of the session were Repsol (MADRID:REP), which fell 2.59% or 0.432 points to trade at 16.238 at the close. Arcel. Mittal (MADRID:MTS) declined 1.94% or 0.181 points to end at 9.144 and Abengoa B (MADRID:ABGek) was down 1.38% or 0.040 points to 2.860. Rising stocks outnumbered declining ones on the Madrid Stock Exchange by 136 to 74 and 5 ended unchanged. Gold for August delivery was up 1.97% or 23.20 to $1200.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.80% or 0.48 to hit $60.81 a barrel, while the August Brent oil contract rose 0.88% or 0.56 to trade at $64.44 a barrel. EUR/USD was up 0.59% to 1.1405, while EUR/GBP rose 0.35% to 0.7185. The US Dollar Index was down 0.44% at 94.06.

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04 июня 2015, 19:35

Spain stocks lower at close of trade; IBEX 35 down 1.08%

Spain stocks were lower after the close on Thursday, as losses in the Consumer Services, Chemical, Petroleum&Plastic and Building&Construction sectors led shares lower. At the close in Madrid, the IBEX 35 declined 1.08%. The best performers of the session on the IBEX 35 were Amadeus IT (MADRID:AMA), which rose 1.16% or 0.435 points to trade at 37.795 at the close. Meanwhile, Bolsas y Mercados Espanoles (MADRID:BME) added 0.38% or 0.140 points to end at 37.150 and Jazztel (MADRID:JAZ) was up 0.04% or 0.005 points to 12.965 in late trade. The worst performers of the session were Int.Airl.Grp (MADRID:ICAG), which fell 3.48% or 0.258 points to trade at 7.154 at the close. Arcel. Mittal (MADRID:MTS) declined 2.81% or 0.290 points to end at 10.020 and Acciona (MADRID:ANA) was down 2.76% or 1.960 points to 69.150. Falling stocks outnumbered advancing ones on the Madrid Stock Exchange by 163 to 35 and 4 ended unchanged. Gold for August delivery was down 0.84% or 10.00 to $1174.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 2.67% or 1.59 to hit $58.05 a barrel, while the July Brent oil contract fell 2.74% or 1.75 to trade at $62.05 a barrel. EUR/USD was up 0.12% to 1.1288, while EUR/GBP fell 0.08% to 0.7343. The US Dollar Index was down 0.09% at 95.26.

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01 июня 2015, 00:15

Луис Кастилья

генеральный директор Acciona Infrastructure. Магистр наук и дипломированный инженер-строитель, обладающий 30-летним опытом в области промышленного строительства, проектирования, эксплуатации и технического обслуживания сооружений. В испанском строительном холдинге Acciona работает с 2006 года. Прежде чем в январе 2014-го возглавить Acciona Infrastructure, занимал посты гендиректора и президента подразделения Acciona Agua, которое специализируется на проектировании, строительстве и эксплуатации сооружений для очистки воды и опреснительных установок.

01 июня 2015, 00:15

Инновации для устойчивого развития // Как инфраструктурным компаниям выдержать конкуренцию при реализации транспортных мегапроектов в регионе МЕТР

Генеральный директор Acciona Infrastructure Луис Кастилья рассказывает о том, в каких сферах инфраструктурные компании должны применять инновации, чтобы выдержать конкуренцию при реализации транспортных мегапроектов в регионе МЕТР.

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28 апреля 2015, 20:01

В Средиземном море горит паром с 170 пассажирами на борту

Есть вероятность затопления судна

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28 апреля 2015, 18:51

В Средиземном море горит паром со 170 пассажирами на борту

В Средиземном море на пароме, на борту которого находятся 170 человек, произошел пожар, пишет El Pais. Как отмечается, судно, которое принадлежит компании Acciona Trasmediterr & amp;aacute;nea, следовало из порта Пальма-де-Мальорка в ...

21 марта 2015, 01:42

Испанские компании намерены продолжить деятельность в России

В Мадриде под руководством Директора Департамента стран Европы, Северной Америки и международных организаций Минэкономразвития России Владимира Ткаченко и Генерального директора по международной торговле и инвестициям Министерства экономики и конкурентоспособности Испании Антонио Фернандес-Мартоса состоялось заседание Рабочей группы по экономическому сотрудничеству и инвестициям Межправительственной смешанной Российско-Испанской комиссии по экономическому и промышленному сотрудничеству. В ходе встречи  обсуждались состояние и перспективы развития двусторонней торговли товарами и услугами, сотрудничества в сфере инвестиций, проанализированы причины сокращения в 2014 году объемов взаимодействия в различных областях, вопросы доступа на рынок товаров и услуг обеих стран. "Ключевая задача на нынешнем этапе – переломить тенденцию сокращения объёмов взаимного товарооборота, в том числе наращивая взаимодействие в высокотехнологичных и инновационных сферах, с прицелом на поиск возможностей для их активизации в условиях неблагоприятной внешней конъюнктуры», - заметил Владимир Ткаченко. Для расширения действующей договорно-правовой базы российско-испанского сотрудничества рабочая группа намерена продолжить совместную работу над подписанием межведомственного Протокола об обмене данными, характеризующими таможенную стоимость товаров и транспортных средств, а также Меморандума о снижении тарифов на роуминг. Кроме того, на встрече Владимира Ткаченко с Государственным секретарем по торговле Министерства экономики и конкурентоспособности Испании Хайме Гарси обсуждались перспективы российско-испанского партнерства в экономической области. Эта тема стала главной и на встрече с испанскими деловыми кругами, среди которых были представители ведущих испанских компаний, ведущих деятельность в России: «Repsol», «Iberdrola», «Tecnicas Reunidas», «Iberia», «Gestamp», «Antolin», «Indra», «Acciona», «Grupo Fuertes», банк «BBVA». Испанские компании, несмотря на временные трудности, высказались за продолжение своей деятельности в России. Выступая перед представителями испанского бизнеса, представитель Минэкономразвития России пригласил их принять участие в Петербургском международном экономическом форуме. «Форум состоится 18—20 июня 2015 г. и в очередной раз соберет глав государств и правительств, политических лидеров, руководителей и топ-менеджеров крупнейших российских и международных компаний, ведущих экспертов мирового сообщества под девизом «Время действовать: совместными усилиями к стабильности и росту», - сказал он.

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10 октября 2013, 12:13

Испания: компания Acciona получила контракт на сумму 1 млрд

Испанская компания Acciona получила контракт на совместное строительство с фирмой Cotenco Engenharia линии метро в бразильском городе Форталеза на сумму 1 млрд. Стоит отметить, что договор также включает установку четырех тоннельных экскаваторов, приобретенных местным правительством для строительства линии метро.

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11 сентября 2013, 19:52

JKS to deliver 274MWp PV modules - Analyst Blog

JinkoSolar Holding Co., Ltd. has entered with an agreement with Acciona, S.A. to provide a total of 274 megawatt-peak solar PV modules.

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12 июля 2013, 14:57

S&P Going For 6 Ouf Of 6

When Bloomberg blasts headlines like this: S&P FUTURES UP 1PT, AT SESSION HIGH, ERASE EARLIER 3.4PT DROP,  you know Bernanke hasn't spoken in over 24 hours if a 4 point swing is headline worthy. That said, the exhausted S&P ramp is now going for the 6th consecutive session as all the losses since the June FOMC meeting have now been erased, the S&P is making constant all time highs, and seemingly the Fed's message on tapering and communication has been clarified. The message being that the Fed is tapering its monthly purchases but short-term rates aren't being lifted. Sadly, the market's first reaction was the right one but the herd of cats has once again been herded by the trading desk at Liberty 33. And if the never-never land of US stocks continue merrily chugging along without a care in a centrally-planned world, China, after surging impressively in the past week on hopes, promises and rumors of speculation of a PBOC intervention, slumped after Finance Minister Lou Jiwei said overnight that the country’s expected GDP growth rate in the first half of this year will be slightly lower than 7.7%. He said that there is no doubt that China can achieve its growth targets, though the seven-percent goal should not be considered as the bottom line. In fact, he specifically mentioned that 6.5% would be tolerable. Things were not so rosy in Europe either where as RanSquawk reports, the Iberian Peninsula was at the forefront of investors' minds today, with the I8EX-35 index over in Spain nursing losses of over 1% following reports that the Spanish government is to cut the regulated price of power distribution 20%, while the Portuigal-Germany spread widened further after the Portuguese government noted that the Troika has delayed their quarterly evaluation to late August. In fact, the spread just hit overnight wides following comments from the opposition that the country needs to renegotiate the terms of its bailout. As a result, utilities and basic materials under performed on the sector breakdown, with Spanish utility names such as Acciona, Enagas and Red Electrica trading down by over 6%. The contagion effect also meant that Italian stocks also underperformed their core counterparts, albeit to a smaller extent. Still, the ongoing dovish rhetoric by central bankers on both sides of the pond ensured that in spite of political tensions which also saw Builds 2000MA line cross the 50DMA line to the upside, stocks continued to march higher. Luckily, in the New Abnormal silly things like news or fundamentals no longer have to priced in: remember - there is multiple expansion! In terms of data, the University of Michigan consumer survey and Euroarea IP are the notable economic reports. The Philly Fed’s Plosser and St Louis Fed's Bullard speak on a panel discussion at Jackson Hole today. Note that this is not the marquee annual Fed economic summit organised by the Kansas City Fed (which is due to be held in August). Finally JPMorgan and Wells Fargo report earnings momentarily launching the financial part of Q2 earnings (except of course for the previously reported horrendous Jefferies May-quarter earnings). Bulletin of headline news, via Bloomberg: Treasuries gain for a fifth day amid expectations Fed accomodation to continue; Chinese Finance Minister Lou Jiwei signaled China may expand less than the govt’s target, growth as low as 6.5% may be tolerable. USD is headed for a weekly drop against most major peers as comments from Fed policy makers pushed out investor expectations for when the central bank will reduce stimulus For strategist/economist views on QE tapering after FOMC minutes, Bernanke speech click here ECB interest rates will stay low as long as inflation pressures remain subdued, Executive Board member Peter Praet tells Handelsblatt Russia kepy its refinancing rate unchanged at 8.25% for a     10th month China will almost double a program for foreign funds to invest in its financial markets and expand a program for inward investment of yuan raised overseas, as the country loosens rules on capital flows Portuguese Prime Minister Coelho said an understanding among his Social Democratic Party, the CDS conservative party and  the opposition Socialist Party is possible; yesterday President Cavaco Silva urged parties to broker a deal with opposition Egypt's Muslim Brotherhood plans new protests today against the army’s ouster of Islamist Mohamed Mursi as president and the military-backed interim administration that’s seeking to arrest its leaders Sovereign yields lower with the exception of Portugal and Australia. Asian stocks mixed, Shanghai -1.62%, Nikkei +0.2%. European stocks, U.S. index futures gain. WTI crude, gold and copper fall Market snapshot: Irish 10Y yield down 15bps to 3.818%, after S&P changes sovereign outlook to positive from stable Spanish 10Y yield down 2bps to 4.8% Italian 10Y yield steady at 4.46% U.K. 10Y yield down 7bps to 2.31% German 10Y yield down 5bps to 1.57% Bund future up 0.37% to 143.46 BTP future up 0.26% to 110.4 EUR/USD down 0.33% to $1.3054 Dollar Index up 0.26% to 82.96 Sterling spot down 0.39% to $1.5125 1Y euro cross currency basis swap steady at -18bps Stoxx 600 up 0.44% to 297.84 SocGen's FX team looks at the only considerations left in a central bank controlled world: macro The market was allegedly confused about the message issued by Fed Chairman Bernanke but ended up trading quite solidly through all the commotion yesterday as equities and bonds rallied. The Eursostoxx index is up four days in a row and the S&P 500 even managed to go one better, trading up for a fifth straight session. It is now within a hair's breadth of the all-time intra-day high of 1,687.2 hit on May 22. All the losses since the June FOMC meeting have now been erased and if this means that the Fed's message on tapering and communication has been clarified, all the better as markets can look forward to a stress-free summer. As we were reminded yesterday, tapering will not stop the Fed's balance sheet from expanding and the selling of agency MBS is not part of a normalisation of policy. The knee-jerk reaction in USTs and Fannie Mae was less dramatic compared to the currency markets where the accumulation of long USD positions had been exaggerated and needed correcting. UST yields will not keep going up at the breakneck pace we observed in June and Bernanke will make sure this point comes across at his semi-annual testimony to Congress next week. This will make other asset classes breathe a bit more freely and will take pressure off the ECB governing council after the frenetic pace of the last two weeks. In contrast to the feel good in stocks, what was remarkable is that EU periphery debt did not capitalise in the relief offered by the Fed chairman. Italian and Spanish yields pushed higher yesterday with supply, domestic political distractions and liquidity being blamed. How the trends pan out over the next few days will be interesting in particular if US yields take a breather and stocks welcome US Q2 corporate results as a reason to push higher. In FX, commodity currencies like the AUD and the NZD had a mesmerising day yesterday but the late reversal underscores that durable relief for both currencies is going to be difficult to achieve. Even the strong Australian employment data failed to turn the tide which says a lot about how participants are approaching the RBA meeting in early August. Next up are the Chinese Q2 GDP data on Monday. SG economics have revised down the yoy forecast to 7.4% from 7.6% previously. * * * Finally, Jim Reid's overnight recap explains it all: A market used to making dramatic comebacks is the S&P 500 and in spite of everything thrown at it of late, it again hit record highs last night (+1.4% to 1675)  after a dovish interpretation of Bernanke's speech the night before. It also helped EM equities (+2.98%) have their best day since mid-September last year. The improvement in EM sentiment also saw a rally in Mexican (-11bp) and Brazilian (-16bp) rates. In a sign of better sentiment in EM funding markets, yesterday also saw PEMEX, a Mexican state-owned oil producer, price $3bn in bonds, and in the process becoming the first Latin American corporate borrower to issue a vanilla dollar bond since May according to LatinFinance. The US fresh highs are impressive and have occurred against a backdrop of a slow drip of negative newsflow in the periphery in recent days and weeks. In Portugal President Silva has proposed a cross-party agreement between the coalition and opposing Socialists in an effort to guarantee wider support for austerity measures needed for Portugal to exit its bailout next year. The move surprised some who had thought the Prime Minister had overcome a cabinet crisis by reaching a deal with junior coalition partners. Elsewhere on the Iberian Peninsula, the Spanish remain focused on corruption allegations in government and there is also concern about its IG rating in the face of Italy's downgrade earlier in the week. In Italy specifically, the difficult relationship between the centre-right and centre-left continues to bubble away amidst the ongoing tax trials of ex-PM Berlusconi. There were also protests in Greece as parliament debated a bill bundling together a range of economic reforms. So nothing to cause a major panic but plenty to think about in Europe at the moment. Back across the Atlantic the US earnings season rolls on today with the premarket results for JPMorgan and Wells Fargo. These will be the first of the major US banks to report, setting the tone for the rest of the sector which will be reporting next week. JPM and Wells Fargo have seen their stock up 16% and 13% since the start of Q2. For JPMorgan the expectations are running pretty high as usual having beaten analyst estimates in 12 out of the last 13 earnings reports. At the headline level our US bank analyst Matt O’Connor (and the market consensus) is expecting JPM to report EPS of $1.41 versus $1.61 in Q1 (ex CVA/DVA charges) but still well above the $1.15 reported the same time last year. Given the fixed income sell-off that started in May, the Q2 performance of the investment banking business is going to be interesting for this sector. For JPM, Matt expects trading revenues (ex CVA/DVA) to rise 5-10% yoy (but -20% qoq), which is moderately below management’s outlook for trading revenues given the deterioration in market conditions. Notably FICC revenues may be down 20-25% qoq even though this will be 5% yoy on easy comps. IB fees are also expected to be -16% qoq. So watch out as JPM’s numbers today as they may shape the expectations for all the other IB results next week. Dimon's comments will also be worth listening out for. In China, the disappointing trade numbers earlier this week seems to have set off increasing market discussions of possible stimulus. That has spurred a strong rally in the Shanghai Composite (+5.5% over the last two days). A number of Chinese cyclical stocks in the cement, smelting and steel industries have bounced an impressive 5-15% in the last few days albeit off multi-year lows in many instances. China's Finance Minister Lou Jiwei said overnight that the country’s expected GDP growth rate in the first half of this year will be slightly lower than 7.7%. He said that there is no doubt that China can achieve its growth targets, though the seven-percent goal should not be considered as the bottom line. In fact, he specifically mentioned that 6.5% would be tolerable. Either way, an interesting few days are in store for the China macro story with Q2 GDP scheduled for Monday next week and money and credit data for the month of June due over the next few days. Speaking of policy support, DB’s Jun Ma noted that after a few months of insistence that macro policies will not be eased despite economic deceleration, recent signals from top leadership noted that they are concerned about the downside risk and ‘stabilising growth’ is important. Jun thinks these messages remain very vague and unlikely to preclude any major monetary/fiscal relaxation in the near term but some low profile easing such as ‘expectation management’, stabilising the RMB, and accelerating infra/environmental project approvals are possible. Granting more quota for bond issuance and relaxing lending restrictions to SMEs and exporters are also possible. An interesting development overnight in China was a comment made by an official (via national radio) that the government will remove “unreasonable fees” and introduce supportive policies (may include tax relief) for shipping companies in the second half of the year to help them through an industry downturn. Rongsheng Heavy Industries is a name of interest here as we mentioned earlier this week on how the struggling shipbuilder has filed a profit warning and has reportedly requested for a government bailout. Rongsheng's share price is 1% lower overnight. Taking a quick look at markets this morning, Chinese-related equities are trading lower weighed by the aforementioned comments by China’s finance minister. The Hang Seng (-0.4%) and Shanghai Comp (-0.5%) are both trading softer led by banking stocks. Other regional equities are having a flat day with the Nikkei up (+0.2%) as we type. Asian credit is trading a touch tighter. We have a relatively light calendar ahead today. In terms of data, the University of Michigan consumer survey and Euroarea IP are the notable economic reports. The Philly Fed’s Plosser and St Louis Fed's Bullard speak on a panel discussion at Jackson Hole today. Note that this is not the marquee annual Fed economic summit organised by the Kansas City Fed (which is due to be held in August). Finally as discussed above, JPMorgan and Wells Fargo report before the opening bell today.    

19 января 2013, 08:05

The Road Forward: Spain Keeps Thinking Big Thanks To Obama

MADRID -- "We've got to make sure we're building sources of energy for the future, not just thinking about next year, but 10 years from now, 20 years from now," President Barack Obama said last fall during the second presidential debate, before a skeptical Mitt Romney. "That's why we've invested in solar and wind power, biofuels and energy-efficient cars." These words sounded like celestial music to Spanish energy companies, and Obama's reelection has been cause for celebration here. Spanish companies have been leading developers of solar and wind power, and have invested billions of dollars in the U.S. in recent years. With America's push to develop the clean energy even further, there is an opportunity to greatly increase Spain's output in these sectors, beyond regional partners like Latin America. In recent years, Spanish investments in the U.S. have increased sevenfold, reaching $45 billion dollars in 2011, according to government data. Next year, the Spanish company Abengoa Solar is expected to complete construction of Solana, the world's largest solar plant, in Gila Bend, Ariz. Another Spanish company, Iberdrola, claims to be the second-largest wind operator in the U.S. wind energy sector behind Florida Power Energy, with 2.7 million customers in 23 states. Fully 38 percent of the company's total energy production comes from the U.S. During Obama's first term, Iberdrola received over $1 billion in grants from the U.S. Treasury Department as part of the economic stimulus package -- reportedly the largest amount ever awarded to a renewable energy company anywhere. "The U.S. has been essential to our business in recent years," said a spokesman for Iberdrola, who noted that Obama's continued support for wind energy is "something we consider very positive." "Although energy prices are falling and there is uncertainty about the future, with Romney we wouldn’t have had such high expectations," the spokesman said. According to the U.S. Department of Energy, wind could be the source of 20 percent of U.S. energy by 2030. No wonder, then, that other renewable energy companies, including Acciona and Gamesa, are also focusing most of their business in the U.S. "Several companies have come here in recent years and we anticipate a second wave during this second term," said Ramon Gil-Casares, Spain's ambassador in Washington. "Due to the [economic] crisis, Spain's image has not been the best lately, but we trust that the $45 billion investment that Spain maintains in the U.S. will continue to increase," he assured HuffPost Spain. In total, he stated, Spanish companies create 70,000 direct jobs and 300,000 indirect jobs in the U.S., making Spain its 13th-largest investor. Beyond clean energy, large Spanish companies also aspire to build bridges, roads and trains in the U.S. Obama has said that investing in infrastructure remains a priority for his second term. Such investments could help Spanish companies expand their businesses beyond Latin America. "Before coming to the U.S., Spanish companies already had a great experience in Latin America, a more obvious market, but which doesn’t offer the same legal security as the U.S.," said Manuel Romera, director of the financial department at Instituto de Empresa Business School, one of the leading business schools in Spain. Construction company Sacyr, for example, won a $3.2 billion contract to expand the Panama Canal. The oil company Repsol, on the other hand, was less fortunate. Last year, Argentina’s president, Cristina Fernandez de Kirchner, decided to nationalize YPF, the local subsidiary. The move caused a diplomatic rift between Spain and Argentina, with Madrid threatening trade retaliation and claiming that Buenos Aires had "broken the friendship" between the two nations. There is no such risk in the U.S., where the political and economic climate continue to favor private businesses, and where there are more opportunities for new public infrastructure contracts both statewide and locally. For example, in 2012, the Spanish company ACS (Actividades de Construcción y Servicios) was granted $925 million dollars by the state of New York to lead the development of the city’s subway. A consortium led by Ferrovial will receive $1.5 billion dollars for the construction of U.S. Route 460 in Virginia. And FCC was given $725 million dollars to build the Gerald Desmond bridge in Los Angeles, a work promoted by the local Port Authority and the California government. FCC alone aspires to secure $9 billion dollars in contracts in the U.S. in the next few years. Improving U.S. investments will be a top priority for Spanish Prime Minister Mariano Rajoy, who will travel to Washington in the spring to celebrate his first official meeting with Obama.

19 января 2013, 08:05

The Road Forward: Spain Keeps Thinking Big Thanks To Obama

MADRID -- "We've got to make sure we're building sources of energy for the future, not just thinking about next year, but 10 years from now, 20 years from now," President Barack Obama said last fall during the second presidential debate, before a skeptical Mitt Romney. "That's why we've invested in solar and wind power, biofuels and energy-efficient cars." These words sounded like celestial music to Spanish energy companies, and Obama's reelection has been cause for celebration here. Spanish companies have been leading developers of solar and wind power, and have invested billions of dollars in the U.S. in recent years. With America's push to develop the clean energy even further, there is an opportunity to greatly increase Spain's output in these sectors, beyond regional partners like Latin America. In recent years, Spanish investments in the U.S. have increased sevenfold, reaching $45 billion dollars in 2011, according to government data. Next year, the Spanish company Abengoa Solar is expected to complete construction of Solana, the world's largest solar plant, in Gila Bend, Ariz. Another Spanish company, Iberdrola, claims to be the second-largest wind operator in the U.S. wind energy sector behind Florida Power Energy, with 2.7 million customers in 23 states. Fully 38 percent of the company's total energy production comes from the U.S. During Obama's first term, Iberdrola received over $1 billion in grants from the U.S. Treasury Department as part of the economic stimulus package -- reportedly the largest amount ever awarded to a renewable energy company anywhere. "The U.S. has been essential to our business in recent years," said a spokesman for Iberdrola, who noted that Obama's continued support for wind energy is "something we consider very positive." "Although energy prices are falling and there is uncertainty about the future, with Romney we wouldn’t have had such high expectations," the spokesman said. According to the U.S. Department of Energy, wind could be the source of 20 percent of U.S. energy by 2030. No wonder, then, that other renewable energy companies, including Acciona and Gamesa, are also focusing most of their business in the U.S. "Several companies have come here in recent years and we anticipate a second wave during this second term," said Ramon Gil-Casares, Spain's ambassador in Washington. "Due to the [economic] crisis, Spain's image has not been the best lately, but we trust that the $45 billion investment that Spain maintains in the U.S. will continue to increase," he assured HuffPost Spain. In total, he stated, Spanish companies create 70,000 direct jobs and 300,000 indirect jobs in the U.S., making Spain its 13th-largest investor. Beyond clean energy, large Spanish companies also aspire to build bridges, roads and trains in the U.S. Obama has said that investing in infrastructure remains a priority for his second term. Such investments could help Spanish companies expand their businesses beyond Latin America. "Before coming to the U.S., Spanish companies already had a great experience in Latin America, a more obvious market, but which doesn’t offer the same legal security as the U.S.," said Manuel Romera, director of the financial department at Instituto de Empresa Business School, one of the leading business schools in Spain. Construction company Sacyr, for example, won a $3.2 billion contract to expand the Panama Canal. The oil company Repsol, on the other hand, was less fortunate. Last year, Argentina’s president, Cristina Fernandez de Kirchner, decided to nationalize YPF, the local subsidiary. The move caused a diplomatic rift between Spain and Argentina, with Madrid threatening trade retaliation and claiming that Buenos Aires had "broken the friendship" between the two nations. There is no such risk in the U.S., where the political and economic climate continue to favor private businesses, and where there are more opportunities for new public infrastructure contracts both statewide and locally. For example, in 2012, the Spanish company ACS (Actividades de Construcción y Servicios) was granted $925 million dollars by the state of New York to lead the development of the city’s subway. A consortium led by Ferrovial will receive $1.5 billion dollars for the construction of U.S. Route 460 in Virginia. And FCC was given $725 million dollars to build the Gerald Desmond bridge in Los Angeles, a work promoted by the local Port Authority and the California government. FCC alone aspires to secure $9 billion dollars in contracts in the U.S. in the next few years. Improving U.S. investments will be a top priority for Spanish Prime Minister Mariano Rajoy, who will travel to Washington in the spring to celebrate his first official meeting with Obama.

10 января 2013, 01:28

Swara Salih: The Promises and Challenges of Wind Power in the US

While wind energy can seem like a near-ideal solution to our environmental and energy issues, it has not been without its challenges in the United States. It has not been, so far, a major component of the energy market. At the end of 2011, total wind energy production in the U.S. constituted 3.3 percent of total energy demand, according to the Department of Energy. Yet the industry has made several gains in the past few years, and the renewal of the integral tax credit will allow projects to continue. The DOE ambitiously projects wind energy to supply as much as 20 percent of U.S. electricity by 2030. Despite financial and logistical difficulties, the current pace of onshore and offshore production of wind farms indicates that this may be a realistic goal. In the run-up to the fiscal cliff, many speculated whether the wind energy tax credit would be renewed. The production tax credit provides a 2.2-cent tax credit for each kilowatt-hour of electricity produced from large-scale wind farms. Experts agree that the credit acts an integral economic stimulant for the industry. According to the Penn State Wind Application Center, the tax credit has permitted the wind industry's nationwide capacity to grow from roughly 9,000 megawatts in 2005 to over 50,000 megawatts in 2012, which is enough to power 13 million homes. Luckily, it won out in the negotiations, along with the tax credit for solar energy. The most recent extension of the tax credit now covers wind farms that begin construction in 2013, not just those that go into operation this year, and will thus stem more growth in the industry. The tax credit is also attributed with helping to sustain jobs in the industry. The American Wind Energy Association (AWEA) estimates that the tax credit's extension will save as many as 37,000 jobs in the wind energy sector. It is estimated that the tax credit would cost approximately $12.1 billion over the next decade, a quantity some legislators deem too costly for an energy source that is difficult to integrate into the power grid. Adapting it into the grid is one of the main issues facing renewable energy. Power plants tend to run a "predictable" amount of electricity daily, and consistently attempt to match what people TVs, appliances, computers, and their other electronic devices need. The problem with wind and solar energy is that they are "unpredictable" sources of electricity: the amounts of watts they produce are consistent only with wind speeds and the degree of sunlight received by panels. However, renewable energy developers are hopeful that they can modify the grid itself. Michael Goggin of the AWEA asserts that gird operators could possibly accommodate the vagaries of these renewables by moving power on the grid minute by minute, instead of hour by hour as they do now. If the power grid is modified to handle this precise flow of electrons, wind energy may be able to match more of our electricity needs. Since 2005, worldwide wind energy manufacturers have branched into U.S. production of turbines. Seven of the leading global turbine manufacturers (Vestas, GE, Gamesa, Suzlon, Siemens, Acciona, and Nordex) now produce turbines in the U.S. However, doubts about the tax credit's longevity, combined with other economic difficulties, saw German-based Siemens lay off 945 workers in the U.S. last year, and Vestas, the world's largest turbine-manufacturer with operations in Colorado and Texas, lay off 1,400 workers globally. The relative lateness and uncertainty of the tax credit's extension has influenced some foreign companies to anticipate less investment in the United States. Vestas, for example, expects a significant "significant reduction in 2013 installations, relative to previous years," according to company spokesman Michael Zarin. The uncertainty of the tax credit's extension in 2014 and following years may hinder long-term potential growth by these companies. If Congress declared a longer standing commitment to the tax credit, Vestas and other companies might commit to longer-term investment in the U.S. In the past few years, many have pointed to natural gas as a major source of new domestic energy. It also serves as a backup energy source for wind and solar power when weather conditions aren't ideal. In the development of newly installed sources, however, wind energy has overtaken natural gas. During 2012 the wind industry installed a whopping 44 percent of all new energy capacity in the U.S., compared to 30 percent for natural gas. In the past five years, cumulative wind energy capacity has constituted 35 percent of all newly built energy capacity. Until now, U.S. wind energy development has only concerned onshore sources. The U.S. has yet to launch mass production of offshore wind farms. Onshore, wind blows most heavily during nighttime, during which we have overall less electricity consumption. Because offshore winds blow strongly 24 hours a day, they would deliver energy during the daytime, when electricity sells for a higher price in wholesale markets. The Obama administration is looking to increase offshore production in key "wind energy areas," according to Interior Secretary Ken Salazar. In the DOE's new budget for 2013, seven offshore projects in six states, Texas, Delaware, Maryland, New Jersey, Virginia, Maine, and Ohio (which holds two projects off the coast of Cleveland), will each receive up to $4 million for startup costs. The DOE plans to select up to three of the projects and offer each up to $47 million to assist in their commercial operation for 2017. The land-based U.S. wind energy sector has so far created over 75,000 jobs and has over 400 manufacturing facilities in 43 states. Since 2011, wind energy has composed more than 10 percent of energy output in five states: South Dakota (22.3 percent), North Dakota (14.7 percent), Iowa (18.8 percent), Minnesota (12.7 percent), and Wyoming (10.1 percent). The DOE also estimates that the development of 54,000 MW of offshore wind projects in the U.S. could create more than 43,000 operations and maintenance jobs. Furthermore, if offshore plants go into production, the U.S. wind industry could support 500,000 American jobs by 2030. If the president's aspirations for the offshore projects prove fruitful, then the DOE's projections may be fulfilled. With sufficient R&D into offshore wind farms, the U.S. energy market could open a new chapter for the wind industry.