Coal Falls Hard As Renewables Continue to Surge, Oil & Gas Giant BP Reports
Coal continues to fall hard as renewables surge worldwide (including in China), all despite the Trump administration wanting to go back to the “good old days.”
Coal continues to fall hard as renewables surge worldwide (including in China), all despite the Trump administration wanting to go back to the “good old days.”
Suggestions of ending the Investment Tax Credit (ITC) for US solar energy projects has the industry’s top official wanting the White House to revise its position. President Barack Obama released last week in his 2015 fiscal year budget the phase-out of the ITC by December 31, 2016. In its place … [continued]
A new year on the horizon means the potential for change. If a group of bi-partisan politicians on Capital Hill in Washington have it their way, changes to the US tax code could help to boost renewable energy projects. Last week, Reuters reported that 29 Democrat and Republicans are proposing … [continued]
The federal OCS lease grants NRG Bluewater exclusive right to submit one or more plans to BOEM to conduct activities in support of offshore wind energy development spanning 96,430 acres some 11 nautical miles off the coast of Delaware. […]
The picture of the US wind energy industry looks markedly different looking back than it does looking forward. US wind energy capacity has been growing at a record rate this year, but the year-end expiration of a key federal tax credit is already slowing things down. […]
Interior Department Secretary Ken Salazar on Friday announced a federal blueprint for large-scale solar power project developments spanning six Western states. The Obama Administration’s Solar Programmatic Environmental Impact Statement (PEIS) refines the approach that’s been taken previously — the Interior Department is now first identifying solar energy development zones … [continued]
US green jobs growth exceeds that for the overall economy, and economies in states where commerce and industry are greener have been doing better than others. The transition to a cleaner, greener US economy is also helping address a longstanding, and worsening, economic malaise: the decline of US manufacturing and growing inequality of wealth and income. […]
Said to be “the most thorough study ever conducted of a U.S. offshore wind farm,” Deepwater Wind invested three-years and $7 million in completing the permit applications for the proposed 30-MW Block Island Wind Farm, a project that management sees as a stepping stone on the path toward carrying out much larger projects off the US northeast and mid-Atlantic coast.
Q2 was a record quarter for the US solar market, intensifying opposition and populist rhetoric notwithstanding. Utility solar power installations powered second quarter gains in solar power capacity, though residential solar power installations increased for the fourth consecutive quarter, according to SEIA-GTM Research’s latest quarterly report. […]
The US clean energy industry continued to create green jobs in this year’s second quarter, though looming expiration of the federal tax credit for wind power is already having a dampening effect, according to the latest green jobs study from Environmental Entrepreneurs. […]