U.S. Starts First California Coast Offshore Wind Lease Sale
The United States on Tuesday is set to kick off the first sale of offshore wind development rights for waters off the coast of California, expanding the nascent domestic industry to the Pacific Ocean.The auction is a major milestone in the Biden administration's push to put wind turbines along every U.S. coastline as part of its climate change agenda. Projects developed in the area could one day power 1.5 million homes, according to the Department of Interior, and are a key part of California's efforts to wean its power sector off fossil fuels by 2045.The sale also puts the United States…
U.S. to Launch Floating Wind Rights Sale off California Coast in December
President Joe Biden's administration on Tuesday said it would hold the first-ever sale of offshore wind development rights off the coast of California on Dec. 6, a big step forward in expanding the nascent U.S. industry to Pacific waters.The announcement is the latest in a government push to put wind turbines along U.S. coastlines, creating a new domestic jobs engine that is also designed to help wean the nation off fossil fuels and combat climate change.The sale, which the Department of Interior had said it planned to hold before the end of this year…
US Sets Target for Floating Offshore Wind Farms Expansion
The Biden administration on Thursday unveiled a plan to accelerate development of next-generation floating offshore wind farms by slashing the cost of the technology by 70% and setting a goal for it to power 5 million U.S. homes by 2035.The announcement was the latest in the White House's push to bolster the nation's fledgling offshore wind industry as part of its climate-change agenda.Wind turbines that float on the ocean's surface are an emerging technology necessary for projects off the coasts of California…
Lloyd's Register Designs Software to Monitor Instrumentation
Lloyd’s Register has designed the industry’s first reliability-based mechanical integrity (RBMI) software designed to address the maintenance needs of rotating and instrumentation equipment. The new modules integrate with the components of Capstone RBMI, allowing companies to combine the maintenance schedules for these types of assets into one program, driving greater efficiency into their processes. “RBMI programs have been used for many years to evaluate equipment risk and assess inspection and maintenance decisions for fixed equipment. But fixed equipment is just one type of a facility’s assets,” said Andy Scott, Global RBMI Business Director, Lloyd’s Register Americas.
