biden
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Nuclear
Report: Biden Administration Will Provide $1.5 Billion for Palisades Nuclear Restart
The Palisades nuclear power plant in Michigan could be another step closer to restarting, with reports saying the Biden administration in February will announce $1.5 billion in funding for the project. Holtec International Corp. purchased the 800-MW facility from Entergy in 2022, after Entergy closed the nuclear plant. Holtec was prepared to decommission the site […]
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Solar
India’s Largest Solar PV Manufacturer Planning U.S. Factory
India’s largest solar photovoltaic (PV) module maker is moving some of its manufacturing to the U.S. Mumbai-based Waaree Energies on Dec. 21 said it would build its first U.S.-based facility in Brookshire, Texas, near Houston. Waaree, a major equipment supplier for the U.S. solar power sector, on Thursday said the new plant would have an […]
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Legal & Regulatory
Wind Project Approvals, Tax Credits Look to Outpace Macroeconomic and Supply Chain Headwinds in 2024
Recent events in the wind power industry, all occurring on a single day, provide a snapshot of the sector’s challenges and opportunities heading into 2024. Ørsted, the world’s largest developer of offshore wind, on Oct. 31 announced the cancellation of Ocean Wind 1 and 2, two 1,000-MW-plus projects off the coast of New Jersey. In […]
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Nuclear
U.S. Pledges to Help Philippines Develop Nuclear Power
The U.S. will help develop a nuclear power industry in the Philippines after both countries signed an agreement Nov. 17 during the Asia-Pacific Economic Cooperation (APEC) Summit in San Francisco, California. U.S. Secretary of State Antony Blinken, speaking Friday during the meeting, said, “The United States will be able to share equipment and material with […]
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Commentary
Current Trends in Climate Change Technology Investment
As the world grapples with fast-changing weather patterns, wildfires, record-breaking heat, and many other climate-related issues, it is becoming increasingly important to develop the technologies that will help to combat climate change. There is a race to develop new technologies that can capture, remove, and store carbon, create renewable energy, improve energy management and efficiency, […]
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Commentary
How to Unleash the Climate Action Potential of the IRA
Throughout this past summer, we have seen some of the highest temperatures on Earth on record, and July was possibly the hottest month in more than a century. Wildfire smoke this year has blanketed the East Coast, marine heat waves have buffeted the Southeast, and Antarctic Sea ice has reached record lows. Washington lawmakers can […]
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Legal & Regulatory
Streamlined Permitting Key to California’s Floating Offshore Wind Development
Earlier this year the Biden administration hosted its inaugural Floating Offshore Wind Shot Summit, showcasing the efforts of federal departments to work with state, tribal, industry, and other interests to
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Legal & Regulatory
Carbon Capture Key to EPA’s New Power Plant Emissions Rule
The U.S. Environmental Protection Agency (EPA) has unveiled new greenhouse gas (GHG) standards for the nation’s power plants, moving to require both existing and new facilities to capture emissions of carbon dioxide (CO2) for the first time. The rule announced May 11, if implemented, would mean coal- and natural gas-fired power plants would have to […]
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Offshore Wind
Biden Administration Announces First Offshore Wind Lease Sales for Gulf of Mexico
The Biden administration on Feb. 22 announced the first-ever lease sale for offshore wind power development in the Gulf of Mexico. The Dept. of the Interior, through its Bureau of Ocean Energy Management (BOEM), said it would open more than 300,000 acres in the Gulf, an area that long has been a major part of […]
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Offshore Wind
‘Largest’ Floating Offshore Wind Farm Comes Online in North Sea
An installation that at present is considered the world’s largest floating offshore wind farm has produced its first power, providing electricity for oil and gas exploration operations in the North Sea. Hywind Tampen on Nov. 13 began powering Equinor’s drilling at the Gullfaks oil and gas field. The wind farm is located about 87 miles […]