The DOI will offer approximately 742,000 acres offshore Massachusetts for commercial wind energy development in a competitive lease sale scheduled for January 29, 2015. On November 26, 2014, the Department of Interior’s (DOI) Bureau of Ocean Energy Management (BOEM) published a notice to offer approximately 742,000 acres of the Massachusetts Wind Energy Area (WEA) for…...
The DOE’s draft Wind Vision analyzes a future wind scenario that represents wind energy penetration levels — as a share of total U.S. electricity demand — of 10 percent by 2020, 20 percent by 2030, and 35 percent by 2050. The Department of Energy (DOE) has released a draft Wind Vision analysis expanding its 2008…...
Non-hydro utility-scale energy storage solutions are landing record-setting contracts in multiple regions, marking a transition beyond small-scale ancillary services. Fast-reacting and flexible energy storage resources can efficiently provide ancillary services to free-up traditional generation assets for wholesale market participation. The U.S. Bicameral Task Force on Climate Change recently cited that by 2022, the worldwide demand…...
The DOE’s Minorities in Energy Industry Partner Network aims to build minorities’ capacity to compete for energy sector opportunities. On November 18, 2014 — the first anniversary of the Department of Energy’s (DOE) Minorities in Energy Initiative (MIE) — DOE launched the MIE Industry Partner Network to increase engagement of underrepresented communities in the energy sector…....
The DOI has offered a right-of-way grant authorizing an offshore wind energy transmission line from Block Island to the Rhode Island mainland. On November 17, 2014, the Department of Interior’s (DOI) Bureau of Ocean Energy Management (BOEM) issued a right-of-way (ROW) grant to Deepwater Wind Block Island Transmission System LLC for its proposed Block Island…...
The acquisition of Massachusetts-based First Wind marks SunEdison’s entry into the global wind market, potentially making it the world’s largest renewable energy company. On November 17, 2014, global solar developer SunEdison Inc. and its indirect subsidiary TerraForm Power Inc. announced a definitive agreement to acquire Boston-based First Wind, a leading independent wind development and asset management…...
Four large-scale renewable energy projects selected through RPS Main Tier solicitations will add approximately 164 MW to New York’s renewable energy capacity. On November 12, 2014, New York Governor Andrew M. Cuomo announced $206M in funding to four Upstate large-scale clean energy projects aimed to reduce emissions and improve energy infrastructure resiliency. Once operational, the…...
The White House has released federal agencies’ sustainability and climate plans outlining methods to incorporate energy and climate considerations into their decision-making. On October 31, 2014 – the fifth anniversary of the 2009 Executive Order on Environmental, Energy and Economic Performance – the White House released federal agencies’ sustainability and climate change adaptation plans, detailing…...
The DOE’s Lap-Corps will enable national laboratory teams to access private sector opportunities to commercialize innovative clean energy technologies. On October 29, 2014, the Department of Energy (DOE) announced the launch of Lap-Corps, a $2.3M pilot program to accelerate commercialization of innovative clean energy technologies developed by DOE National Laboratories. Lap-Corps – modeled on the…...
The Army has partnered with NREL to install net-zero energy installations at nine pilot sites, potentially replacing eight percent of its current installation site energy supply with renewable energy. On October 27, 2014, the Department of Energy’s (DOE) National Renewable Energy Laboratory (NREL) announced a partnership with the U.S. Army to advance Net Zero Energy…...
NY Green Bank’s initial transactions will produce more than $800M in investments supporting clean energy projects that would annually avoid 575,000 tons of carbon emissions. On October 22, 2014, New York Governor Andrew M. Cuomo announced the NY Green Bank’s first seven transactions, which – supported and agreed to in principle – will produce more…...
Massachusetts offered its first green bond sale in June 2013, and several additional states have offered green bonds over the last two years. Green bonds offer issuers access to capital to finance projects for water quality and infrastructure, energy efficiency, renewable energy, pollution cleanup, and other capital-intensive projects.. With the Green Bond Principles gaining marketplace…...