Energy Update
Contributed by RenewableUK
Chevron will buy the biofuels company Renewable Energy Group for $3.15 billion, the companies announced on Feb. 28.
Among the regional transmission organizations that asked FERC for an extension from last July to this February, PJM is the only one who has used that time judiciously. The seven use cases that stress-tested the DERA model in PJM’s 2222 compliance proposal are worth FERC’s approval.
On Feb 25., the U.S. completed its most successful offshore wind lease auction in history.
Singapore-based G8 Subsea has been awarded an agreement by a power authority in West Africa to install a full turnkey 65 MW system floating solar system at a hydro project, according to a press release.
LG Electronics said it will stop manufacturing solar panels following a decision by the company's board of directors on Feb. 22.
The New York Bight offshore wind lease auction is already the most successful in U.S. history.
And it isn't over.
(Thu, 24 Feb 2022) EIA presents alternative cases to the <em>International Energy Outlook 2021</em> (IEO2021) that assume concerted efforts to decarbonize the steel sector in China, South Korea, Japan, and OECD Europe. These cases focus on increasing electric arc furnace production with renewable power and supplementing scrap steel feedstock with direct reduced iron made from electrolytic hydrogen powered by renewable sources.
A leading clean energy developer said it will explore developing a green hydrogen hub along the Texas Gulf Coast to support the decarbonization of heavy industry.
Concentrated solar energy system manufacturing Heliogen has begun to set up a production facility in Long Beach, California.
Heliogen has begun setup at a new manufacturing facility in Long Beach, California (Courtesy: Heliogen)
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