Energy Update
by Richard Schmalensee, Professor, MIT Sloan School of Management and Davide Schoenbrod, Professor, New York Law School
Originally published on ILSR.org
[updated March 2021]
The Department of the Interior today announced that the Bureau of Ocean Energy Management (BOEM) has completed the environmental analysis of the proposed Vineyard Wind I offshore wind project. This is the final analysis that BOEM needs to either approve the project or request additional modifications.
Longtime renewable energy expert and founder of Generate Capital, Jigar Shah, has been appointed to head up the Loan Programs Office (LPO) of the US Department of Energy (DOE).
by Jane Marsh, Blogger
Renewable energy businesses can be promising investments for larger companies looking to improve their carbon footprints. Sometimes, what some might assume to be the least likely investors will pour funds into renewables. That’s the case with Eavor Technologies’ most recent round of fundraising.
Visionary British female entrepreneurs are receiving government backing to drive forward their novel innovations and business ideas.
Renewable project developers are bearing the burden of decades of transmission planning focused on transmission owner needs. Renewable projects are dropping out of generator interconnection queues because of the high cost of transmission upgrade costs. PJM, MISO, SPP are all dealing with the same issue – high volume of renewables projects in their interconnection queue. None of the transmission solutions proposed are anywhere close to construction in the next 5 years.
A University of South Australia researcher is helping establish a lifetime stewardship scheme to manage renewable energy waste from solar panels.
by Sezen Bakan, The Lead, Australia
Australia has the highest proportion of household photovoltaic (PV) systems in the world, with more than 21 percent of homes — or around 2.59 million — now possessing a solar energy system.
Company is going all-electric and funding a new Yale center for applied research focused on carbon-negative technologies.
FedEx Corp. announced this week that it wants to achieve carbon-neutral operations globally by 2040. The company laid out three key areas it will focus on via a $2B investment: vehicle electrification, sustainable energy, and carbon sequestration.
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