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Energy Transition in Motion (Week of July 12, 2024)
Here is a look at some of this week’s renewable energy news.
Atlantic Shores Submits Bid to Provide Offshore Wind in New Jersey
Atlantic Shores, a joint venture between Shell and EDF Renewables, would become the initial provider of offshore wind for New Jersey.
Eversource, Ørsted Close Sunrise Wind Sale Offshore NY
Eversource sold its 50% stake in the wind farm offshore New York to Ørsted for $152 million.
Dominion Buys Avangrid’s Kitty Hawk Offshore Wind Lease for $160MM
Avangrid agrees to sell Kitty Hawk North offshore wind lease for $160 million to a subsidiary or Dominion Energy.
Energy Transition in Motion (Week of July 5, 2024)
Here is a look at some of this week’s renewable energy news, including the latest on hydrogen in aviation.
US Approves Avangrid’s New England Wind Project
Plans for Avangrid’s New England Wind, being developed as two projects, include up to 129 wind turbine generators.
US Energy Production Hits All-time High, Far Outpacing Consumption -EIA
The Permian Basin’s natural gas growth leads to record surge in U.S. energy supplies.
Enbridge, Six Nations Partner to Advance Canadian Wind Project
The Seven Stars Energy project is expected to produce 200 megawatts of emissions free power, enough to supply energy to 100,000 Saskatchewan homes annually.
Germany Awards TotalEnergies a 1.5-GW Offshore Wind Lease
TotalEnergies said maritime concession N-11.2 intends to help the company develop a 3.5 GW offshore wind hub in the German North Sea.
Hirs: How the Cost of Carbon Avoidance Bolsters Nuclear Power
States and the EU have introduced nascent carbon pricing schemes with taxes, tax benefits and offsets. It isn’t unreasonable to assume that carbon pricing will become increasingly tangible.