Energy Update
Offshore Wind Farms Are Planned for California — But the Navy Says No to Large Sections of the Coast
Fans of renewable energy anticipate a bonanza blowing off the coast of California. But a map released by the U.S. Navy puts large swaths of the state off limits to future offshore wind farms - including all of San Diego and Los Angeles, extending up to the Central Coast.
New York is investing $4.2 million to expand fast charging electric vehicle stations along the state’s thruway system.
Last September, Hurricane Maria tore through Puerto Rico destroying most of the island’s energy infrastructure. Puerto Ricans then had to endure the largest and longest blackout in U.S. history.
Tesla last week stood up for energy storage and distributed energy resources (DER), telling the Federal Energy Regulatory Commission (FERC) that it should consider these assets carefully as it looks to define what makes a resilient power grid.
US crude imports into the Louisiana Offshore Oil Port appear to be on an upswing in May alongside the recent increase in regional sour crude prices.
(Tue, 15 May 2018) The timing and magnitude of adding wind- and solar-powered electricity generators to the U.S. grid are sensitive to federal policies, especially federal tax credits that are currently scheduled to expire or diminish by 2022. In addition to the Reference case of EIAâs latest <em>Annual Energy Outlook 2018</em> (AEO2018), which reflects current laws and regulations, three side cases show the potential effects of extending or eliminating certain tax credits.
NBC reports that workers at Ormat Technologies' Puna Geothermal Plant on the Big Island of Hawaii are taking precautionary measures after a new volcanic fissure opened up near the facility. Earthquakes started on the island April 30, and it was soon followed by volcanic activity.
A new market for utility-scale solar is opening up in Armenia with a successful round of bidding that led to an award for the 55-MW Masrik-1 solar plant.
General Electric Co. will be required to buy Alstom SA’s stakes in three energy joint ventures for 2.59 billion euros ($3.1 billion), closing a lengthy chapter in the massive 2015 tie-up that has become a headache for the beleaguered U.S. manufacturer.
Traditional alliances are being broken, and new ones are slow to form. Dealmaking has taken on the airs of a zero-sum game in which there can only be one winner.
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