Engie and EDP are advancing the formation of a 50-50 joint venture that, pending regulatory approval, would combine their resources to build offshore wind farms around the world. When finalized, the JV will assume oversight of several operational and developing offshore wind farms, including 2.1-gigawatt Mayflower site and another in California.
Humboldt County, Calif., has excellent offshore wind resources and broad support for the industry's development, but will first have to address concerns related to fishing, marine life and other interests, writes Ryan Burns. A tract off the coast of the county has been identified as one of three potential spaces for offshore wind by the Bureau of Ocean Energy Management and more than a dozen stakeholders have expressed interest in developing a project there.
Orsted US Offshore Wind, Rutgers University, the University of Rhode Island and Woods Hole Oceanographic Institution are launching the Ecosystem and Passive Acoustic Monitoring project to gain a better understanding of offshore wind in the US. The academic research project will consider the industry's effect on ecosystems, analyze oceanographic data and study right whale concerns.
Strong wind resources, ample sun and Competitive Renewable Energy Zones will drive renewables growth in Texas in the 2020s, write Matt Kapinos and Hayden Harms of Akin Gump. Companies have three options for participating in the market: investing in new projects, buying renewable energy certificates or arranging corporate power purchase agreements and developing new wind farms and solar arrays, they write.
Orsted looks "forward to engaging and connecting with local residents about how Ocean Wind is progressing," says executive Kris Ohleth ahead of an open house scheduled for Feb. 6. "New Jersey is poised to be a key player within offshore wind, so we expect and welcome questions and comments," he says.
Wind Turbine & Energy Cables has secured a $75 million asset-based revolving credit facility with support from Santander Bank. The financing will help WTEC scale the production of wire, cable and steel components for wind turbines and other applications in the US and abroad.
The American Wind Energy Association "will work with legislators to see what makes good sense, said CEO Tom Kiernan while speaking on the topic of a carbon tax or dividends program for the US during an energy forum on Thursday. He also commented that more offshore wind farms are coming to the US, while utilities in attendance highlighted their focus on emissions reductions.
A bill in the New Mexico Senate is designed to give the state's Radioactive Waste Consultation Task Force authority to oversee any privately owned nuclear waste facilities, including temporary spent nuclear fuel storage sites, in the same way it oversees federal nuclear projects run by the Department of Energy. The proposed law would also require the task force to submit annual reports to the legislature.
The Department of Energy's Idaho National Laboratory has selected Christine King as director of the lab's Gateway for Accelerated Innovation in Nuclear program. King, who has 26 years of nuclear energy industry experience, will lead the effort to establish commercial partnerships for advanced nuclear power research and development.