Reuters Offshore wind could become a cornerstone of the world’s power supply as steep cost reductions and improved technology unleash the potential of the green energy source, said the International Energy Agency (IEA) on Friday. Renewables replacing fossil fuel is crucial to meet a globally-agreed goal of limiting temperature rise to below 2 degrees Celsius this century and the expansion
Source: Houston Chronicle Equinor said Friday it will build the first-ever offshore floating wind development designed to power its oil and gas platforms off the coast of Norway. The roughly $550 million Hywind Tampen project will be built about 85 miles offshore to power the Snorre and Gullfaks platforms in the North Sea. The water depths are deep enough that floating wind
From Reuters Trump administration infighting is holding up approval of the first major U.S. offshore wind energy project, with agencies sparring over whether the proposal does enough to protect the fishing industry, according to interviews and agency documents. The delays are a setback to President Donald Trump’s efforts to fast-track big energy infrastructure projects and could threaten the administration’s plans
By Tyler Losier, Energy Reporter, Oil & Gas 360 Renewables edge out coal for the first time in U.S. history This April, for the first time in U.S. history, monthly electricity generation from renewable sources exceeded that of coal-fired means, according to the EIA. More precisely, coal was responsible for about 20% of the nation’s electricity, whereas renewables such as
By Tyler Losier, Energy Reporter, Oil & Gas 360 Proposal calls for the transition to occur by 2038 A government-appointed coal commission in Germany has laid the groundwork for a plan to phase out the use of coal completely by 2038. The move is coupled with an effort to eliminate nuclear power as well, with the goal of transitioning Germany
Company is expanding wind generation, using nuclear energy, adding a natural gas plant Xcel Energy announced plans today to retire its last two coal plants in the Upper Midwest a decade earlier than scheduled. Xcel plans to expand wind and solar, using natural gas and operate its carbon-free Monticello nuclear plant until at least 2040. If approved, the plan would
Wind and solar generation are steadily growing in the U.S. According to a new report released by the U.S. Energy Information Administration (EIA), wind and solar electric generation reached or exceeded 20% of total generation in 10 states in 2017. This includes small-scale solar photovoltaics. Source: EIA Facts Summary: Total annual generation (TAG) from wind and solar in the US,
From Forbes The U.S. uses very little oil to generate electricity, but our energy sectors are inextricably connected, so changes in one often affects others. For example, we are starting to see the rumblings of how the price of oil might affect wind indirectly through natural gas prices. Last Thursday, the Public Utility Commission of Texas (PUCT) dealt what turned out to
In Texas wind is big: it’s in the top two states for wind power plants Electricity generation from wind in the United States has increased from about 6 billion kilowatthours (kWh) in 2000 to about 254 billion kWh in 2017, according to the EIA. That means wind power in the U.S. increased by a factor of 42 in 17 years.
Developer must revisit finance terms before commission will commit ratepayers to $200 million price tag for experimental project From WorkBoat – by Kirk Moore An offshore wind energy pilot project was dealt a setback by Maine utility regulators, who voted to revisit a power price contract critical for financing the floating turbines. Maine Aqua Ventus is a proposed 12 MW
Wind takes up some drilling slack From MarineLog Wind farm installation specialist Seajacks UK reports that its largest and most advanced installation jack-up vessel, Seajacks Scylla, has successfully completed work on the biggest offshore wind farm project in the Irish Sea, reaching an installation, installing 87 turbines on the Walney Extension farm off the Cumbrian coast. This marked a milestone for
The changing face of energy: new jobs in the broad energy sector Powering the industrial base, fueling all modes of transportation including the nation’s food distribution system, and setting the table for national economic growth—filling jobs in the energy industry is critical to the future economic success of the U.S. Energy-related job openings are changing. New jobs are growing fast, and
