The average construction costs of natural gas-fired generators, wind turbines and solar PV systems declined in the U.S. during 2021 relative to 2020, according to an Oct. 3 report by the U.S. Energy Information Administration. Average construction expenditures declined by 18 percent for gas fired generators, 5 percent for wind turbines and by 6 percent…...
The Bureau of Ocean Energy Management on Sept. 25 announced the completion of its environmental review of Dominion Energy Inc.’s proposed Coastal Virginia Offshore Wind Project off Virginia. The project located about 23.5 nautical miles offshore Virginia Beach, would provide up to 3 gigawatts (GW) of wind energy. The wind farm would have the capacity…...
In the face of a rapidly evolving energy landscape, federal and state initiatives continue to support the growth and expansion of energy storage solutions. Energy storage plays a key role in… Read the full report …...
The Departments of the Interior and Energy on Sept. 19 released a detailed transmission action proposal to realize the ample potential of Atlantic offshore wind energy. The action plan sets out bold strategies that will speed up the investment and development in offshore wind energy and strengthen the domestic supply chain. The action plan is…...
The Bureau of Ocean Energy Management on Sept. 11 announced the completion of its environmental review of the proposed Empire Wind Farm Project off New York. The proposal, a joint venture of Equinor ASA and bp plc, consists of Empire Wind 1 and Empire Wind 2, which together are expected to generate up to 2,076…...
Regulators across the U.S. are advancing grid transformation measures to support the growth in new sources of power generation driven by…Read the full report …...
Wind power accounted for 22 percent of new electricity capacity installed in the U.S. last year, representing $12 billion in capital investment, according to wind energy market reports issued by the U.S. Department of Energy. The reports – 2023 offshore, land-based, and distributed wind market reports – show that wind power continues to be a…...