Green energy firms’ pitch to Trump: You’re going to need a lot of power
1 week, 1 day ago

Green energy firms’ pitch to Trump: You’re going to need a lot of power

Live Mint  

Green energy companies are freaking out, trying to figure out how to navigate the Republican sweep of the White House and Congress. Significant reductions to tax credits, and Trump’s promised tariffs on imports, could reduce investment in new renewables plants by $350 billion over the next decade, said Chris Seiple, vice chairman of power and renewables at Wood Mackenzie. The executives are cautiously optimistic that Burgum’s business-friendly background will translate to a pragmatic approach at Interior, which oversees public lands and minerals, including energy development such as solar farms and offshore wind projects. “It’s all about demand right now," said Jim Murphy, president and co-founder of Invenergy, a developer of renewables, transmission and natural-gas power. Sheldon Kimber, chief executive of clean-energy developer Intersect Power, said a key message to members of Congress is to preserve the “durability of the IRA and the tax credits in a world where demand is off the charts," and not to make any changes retroactive.

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History of this topic

Making a $1B investment in the US? Trump pledges expedited permits — but there are hurdles
4 weeks, 1 day ago

Making a $1B investment in the US? Trump pledges expedited permits — but there are hurdles

Associated Press  

WASHINGTON — President-elect Donald Trump is promising expedited federal permits for energy projects and other construction worth more than $1 billion. In a post on his Truth Social site Tuesday, Trump said anyone making a $1 billion investment in the United States “will receive fully expedited approvals and permits, including, but in no way limited to, all Environmental approvals.” “GET …

Why green investments have become the last line of defense for Biden’s climate agenda
1 month, 2 weeks ago

Why green investments have become the last line of defense for Biden’s climate agenda

CNN  

CNN — Can the green shoots of clean energy break through the “brown blockade”? The brown blockade is the phrase I’ve used to describe the hardening tendency of the states most deeply integrated into the existing oil and gas economy, as either major producers or consumers of fossil fuels, to support Republican presidential and congressional candidates who are resolutely opposed …

US elections: Why renewable energy stocks tumbled after Donald Trump's win
2 months ago

US elections: Why renewable energy stocks tumbled after Donald Trump's win

India Today  

Donald Trump's pledge to halt renewable energy projects on his first day in office has sent shockwaves through the industry, causing renewable energy stocks to fall sharply. If Trump follows through on his pledge, the renewable energy sector could face severe challenges. While Trump’s ability to make these changes would depend on congressional backing and potential pushback from businesses and …

'We don't have power': Trump rambles about energy policy in fact-challenged rant
4 months ago

'We don't have power': Trump rambles about energy policy in fact-challenged rant

Raw Story  

Donald Trump spoke extensively about energy when speaking before The Economic Club of New York on Thursday. Claiming a "1929 depression" was coming and the United States was "becoming a third-world banana republic," the ex-president claimed U.S. power plants were being shut down and that Americans were suffering as a result. Read Also: Something broke Trump's brain Trump then said …

Opinion: Whatever Big Oil wants, Big Oil gets. As long as it bankrolls Trump
7 months, 3 weeks ago

Opinion: Whatever Big Oil wants, Big Oil gets. As long as it bankrolls Trump

LA Times  

Then-President Trump points at Harold Hamm, head of North Dakota’s largest oil company, Continental Resources, at an event in 2019. What better sign could there be that we’re drowning in political outrage, that we’re inured to it, than this: A national newspaper scooped this month that Donald Trump gathered about two dozen oil industry executives for a chopped steak dinner …

Massive windfarm project to be built off Virginia coast gains key federal approval
1 year, 2 months ago

Massive windfarm project to be built off Virginia coast gains key federal approval

Associated Press  

VIRGINIA BEACH, Va. — A power company’s plans for an enormous offshore wind farm off Virginia’s coast gained key federal approval Tuesday after the Biden Administration evaluated the project’s potential impact on the environment. Dominion said its project will be the largest offshore wind farm under development in the United States. “Today’s approval of the largest offshore wind project in …

Wind and solar projects are growing, but many can't actually connect to the grid
1 year, 6 months ago

Wind and solar projects are growing, but many can't actually connect to the grid

NPR  

Wind and solar projects are growing, but many can't actually connect to the grid Tons of green energy projects, both wind and solar, want to connect to the grid. DAN CHARLES, BYLINE: Lyle Jack wants to build a wind farm here on the grassy hills of the Pine Ridge Reservation in South Dakota. Most wind and solar companies can tell …

US energy officials release strategy to boost offshore wind
1 year, 9 months ago

US energy officials release strategy to boost offshore wind

Associated Press  

The U.S. Energy Department said Wednesday it has a new strategy to meet the goal of vastly expanding offshore wind energy to address climate change. The Biden administration wants to build 30 gigawatts of offshore wind energy by 2030 — enough to power more than 10 million homes. Energy Secretary Jennifer Granholm promised in a statement that offshore wind “will …

Biden's offshore wind plan could create thousands of jobs, but challenges remain
1 year, 11 months ago

Biden's offshore wind plan could create thousands of jobs, but challenges remain

NPR  

Biden's offshore wind plan could create thousands of jobs, but challenges remain Enlarge this image toggle caption AFP via Getty Images AFP via Getty Images The United States is trying to reduce its reliance on fossil fuels in order to meet its climate goals under the Paris climate agreement. "I think offshore wind energy is poised to support good paying …

Burgum touts North Dakota’s energy sector in State of State
2 years ago

Burgum touts North Dakota’s energy sector in State of State

Associated Press  

BISMARCK, N.D. — North Dakota Gov. Doug Burgum highlighted the successes of the state’s energy sector during his annual State of the State address on Tuesday, while also calling on lawmakers to provide tax relief and address workforce shortages that he says continue to be a top barrier to economic growth. Citing the costs of inflation and high interest rates, …

US offshore wind energy industry faces blowback from locals
2 years, 1 month ago

US offshore wind energy industry faces blowback from locals

Associated Press  

OCEAN CITY, N.J. — It’s just one cable meant to bring electricity from an offshore wind farm to a former coal-burning power plant in southern New Jersey, but it symbolizes a big challenge facing the renewable energy industry. But obstacles like the single contentious cable in New Jersey show the challenge the offshore wind energy industry must overcome — quickly …

Biden teams with East Coast governors to boost offshore wind
2 years, 6 months ago

Biden teams with East Coast governors to boost offshore wind

Associated Press  

WASHINGTON — The White House on Thursday launched a formal partnership with 11 East Coast governors to boost the growing offshore wind industry, a key element of President Joe Biden’s plan for climate change. Youngkin is “fully committed to Virginia’s current offshore wind project” and will continue to support any future project “that meets Virginia’s economic needs and protects ratepayers …

Biden administration unveils offshore wind plan for California
3 years, 7 months ago

Biden administration unveils offshore wind plan for California

LA Times  

The federal government plans to open more than 250,000 acres off the California coast to wind development, the Biden administration announced Tuesday, as part of a major effort to ramp up the nation’s renewable energy and cut its climate-warming emissions. The Department of Defense had also pushed back on expanding offshore wind power into California, warning in the past that …

Biden Administration Approves 1st Major Offshore Wind Energy Project
3 years, 7 months ago

Biden Administration Approves 1st Major Offshore Wind Energy Project

NPR  

Biden Administration Approves 1st Major Offshore Wind Energy Project Enlarge this image toggle caption Michael Dwyer/AP Michael Dwyer/AP The U.S. Interior Department approved the country's first large-scale offshore wind project Tuesday, a final hurdle that reverses course from the Trump administration and sets the stage for a major shift in the energy landscape. Lars Pedersen, Vineyard Wind's CEO, recently told …

Offshore wind project near Martha’s Vineyard approved
3 years, 7 months ago

Offshore wind project near Martha’s Vineyard approved

LA Times  

An offshore wind project off Massachusetts that would create 800 megawatts of electricity, enough to power 400,000 homes, was approved Tuesday by the federal government. The Vineyard Wind project, south of Martha’s Vineyard near Cape Cod, would be the first utility-scale wind power development in federal waters. The $2-billion project is a critical piece of the Biden administration’s plan to …

Biden administration announces plan to expand wind power
3 years, 9 months ago

Biden administration announces plan to expand wind power

Al Jazeera  

The White House said the plan would create more than 44,000 jobs and employ nearly 33,000 in offshore wind activity. The White House has announced plans to expand offshore wind energy in the coming decade by opening new areas to development, speeding environmental permitting, and boosting public financing for projects. The plan would create jobs for more than 44,000 workers …

Offshore wind farms, big in Europe, could boom in US under Biden
3 years, 11 months ago

Offshore wind farms, big in Europe, could boom in US under Biden

Live Mint  

Developers of offshore wind farms, long awaiting their moment in the US, are pushing the Biden administration to cut through red tape that has for years stymied the industry’s domestic growth. President Biden signed an executive order last month directing the Interior secretary to identify steps to double offshore wind production by 2030, part of an effort to deploy more …

Takeaways from renewable energy’s struggles amid pandemic
4 years, 8 months ago

Takeaways from renewable energy’s struggles amid pandemic

Associated Press  

The U.S. renewable energy industry is reeling from the new coronavirus pandemic, which has delayed construction and sowed doubts about major projects on the drawing board. BAD TIMING The slump comes as renewable energy was on “a tremendous roll,” said Tom Kiernan, CEO of the American Wind Energy Association. The agency predicts renewable energy, despite recent setbacks, will grow 11% …

Offshore wind energy price plunges 30 per cent to a new record low
5 years, 3 months ago

Offshore wind energy price plunges 30 per cent to a new record low

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A new wave of offshore …

Wind power doesn’t cause cancer. It creates jobs, Jay Inslee says
5 years, 8 months ago

Wind power doesn’t cause cancer. It creates jobs, Jay Inslee says

CNN  

New York CNN Business — Wind power is a booming part of the American economy, not a bogeyman to fear, Washington State Governor Jay Inslee told CNN Business on Wednesday. The 2020 Democratic presidential candidate said President Donald Trump’s claim that noise from windmills causes cancer is “ridiculous” and “another symptom of his failure to provide leadership.” Inslee noted that …

More bad news for coal: Wind and solar are getting cheaper
5 years, 9 months ago

More bad news for coal: Wind and solar are getting cheaper

CNN  

New York CNN Business — The simple laws of economics threaten to doom America’s remaining coal power plants. Wind and solar costs have plunged so rapidly that 74% of the US coal fleet could be phased out for renewable energy – and still save customers money, according to a report released on Monday by Energy Innovation, a nonpartisan think tank. …

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