The California State Senate has approved renewable energy bill SB 605 by Senator Steve Padilla (D-Chula Vista), putting the state on track to developing renewable sources of energy, according to a May 25 press release. (Source: Shutterstock.com)
The California State Senate has approved renewable energy bill SB 605 by Senator Steve Padilla (D-Chula Vista), putting the state on track to developing renewable sources of energy, according to a May 25 press release.
The California Energy Commission will now study the feasibility of wave and tidal energy and report findings to the state legislature and governor to reach carbon-free goals.
AltaSea, a non-profit science and education collaboration based in California, is the sponsor of SB 605. Terry Tamminen, president and CEO of AltaSea, said the state must find new ways to incorporate renewable energy sources if it hopes to achieve its climate goals.
“This important measure would set California on the path towards becoming a global leader in ocean energy and developing this untapped source of clean, resilient, abundant and renewable energy,” Tamminen said in the release.
SB 605 was passed by the Senate with unanimous, bi-partisan support and now moves to the California State Assembly for consideration.
Recommended Reading
Apollo Funds Acquires NatGas Treatment Provider Bold Production Services
2025-02-12 - Funds managed by Apollo Global Management Inc. have acquired a majority interest in Bold Production Services LLC, a provider of natural gas treatment solutions.
Nabors SPAC, e2Companies $1B Merger to Take On-Site Powergen Public
2025-02-12 - Nabors Industries’ blank check company will merge with e2Companies at a time when oilfield service companies are increasingly seeking on-site power solutions for E&Ps in the oil patch.
Surge Closes on Divestment of Alberta Non-Core Gas Assets
2024-12-20 - Surge Energy said it has focused on developing its core Sparky and southeast Saskatchewan crude oil assets, leaving the Alberta non-core assets undercapitalized.
One Equity Partners Completes Acquisition of EthosEnergy
2025-01-02 - Private equity firm One Equity Partners said it purchased EthosEnergy to meet the growing maintenance needs of the gas power market.
Shell Completes Deal to Buy Power Plant in Rhode Island
2025-01-24 - Shell has completed its previously announced acquisition to buy a 609-megawatt combined cycle gas turbine power plant in Rhode Island from RISEC Holdings.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.