Energy Update
RICHMOND, Va. (AP) — As Virginia-based Dominion Energy seeks to build what it calls the country’s largest offshore wind farm in the Atlantic Ocean, the company and its supporters have touted the economic development opportunities expected to accompany the 176-turbine project.
But state regulators, who are currently considering whether to grant approval for the massive project, say the economic picture might not be so rosy.
WASHINGTON (AP) — The Biden administration is scrapping old-fashioned incandescent light bulbs, speeding an ongoing trend toward more efficient lighting that officials say will save households, schools and businesses billions of dollars a year.
Renewable energy sources generated more electricity than nuclear energy in the U.S. for the first time in 2021, data shows.
Progress continues on Ocean Wind 1, New Jersey’s first offshore wind farm.
The 1.1 GW joint venture between Ørsted and PSEG has awarded three major project construction contracts.
Contributed by Dr. Christophe Thibierge, professor of finance at ESCP Business School
TotalEnergies has just published a record profit of 14 billion euros. What about the expected dividend – more than half of the profit? In a business that is 90% based on the exploitation of fossil fuels, where are the investments to limit climate change or externalities?
HELENA, Mont. (AP) — For the past year a company that “mines” cryptocurrency had what seemed the ideal location for its thousands of power-thirsty computers working around the clock to verify bitcoin transactions: the grounds of a coal-fired power plant in rural Montana.
By CURT ANDERSON Associated Press
ST. PETERSBURG, Fla. (AP) — Florida utilities would gradually increase their electricity to 100% renewable by 2050 under a proposed rule unveiled April 21 by the state’s agriculture commissioner.
Another week, another step forward for European renewables dominance.
This week’s big news is the unveiling of a major Irish project. The ‘Hydrogen Valley’ project has been put together by a consortium that includes energy giant SSE Renewables, Port of Galway, NUI Galway, and CIE Group.
Representing a first for Ireland, the Valley will create an ecosystem that links hydrogen research, production, and distribution with various end-users such as transport and industry.
NYPA-commissioned study notes storage could play “significant role” in transitioning its six peaker plants.
The New York Power Authority (NYPA) is now requesting proposals to replace its small power, or “peaker” plants with bulk-scale battery storage projects.
For the first episode of the "Factor This!" podcast, which debuts May 9, Auxin Solar CEO Mamun Rashid gives his first extensive interview since filing the tariff petition that has rocked the solar industry.
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