Californian Port Gets $427M Boost for New Offshore Wind Infrastructure
The U.S. government has awarded a major grant to the Humboldt Bay Harbor, Recreation, and Conservation District for the construction of a new marine terminal to be primarily used for floating offshore wind-related activities.The grant for the Humboldt Bay Offshore Wind MVP (Minimum Viable Port) project comes through the U.S. Department of Transportation’s Nationally Significant Multimodal Freight & Highway Projects (INFRA) grant program, which received a substantial funding increase…
Over 8 GW of Floating Wind for California, But Who Will Build It?
As the dust settles from Wednesday's California floating wind auction, and developers begin to discuss their plans, energy industry intelligence firm Intelatus says development of the floating wind manufacturing and installation supply chain must speed up.Developers are beginning to release details of their bids for yesterday’s California floating wind auction. The successful bidders for the two north California Humboldt sites, RWE and CIP, both bid the highest prices per square kilometer of lease area.
Crude Prices up 3% on Gasoline Rally, Weak Dollar
Crude oil prices rose about 3 percent on Tuesday on the back of a rally in the gasoline market and as a tumbling dollar boosted commodities denominated in the greenback after bets the Federal Reserve will hold U.S. interest rates where they are. U.S. gasoline futures rallied more than 3 percent to their highest since August on Tuesday, boosting refinery margins, after a series of Gulf Coast refinery unit outages, buying from Venezuela and a reported drop in New York inventories. "I think the market has become more optimistic on oil products," said Scott Shelton, broker and commodities specialist with ICAP in Durham, North California. Analysts polled by Reuters expect the U.S.
Shipping Industry Ballast Water Coalition Files Remedy Brief
Intertanko has filed a remedy brief in the North California District Court case of Northwest Environmental Advocates against the Environmental Protection Agency (EPA) as part of a Shipping Industry Ballast Water Coalition, which consists of INTERTANKO, the American Waterways Operators, Chamber of Shipping of America, International Council of Cruise Lines, Lake Carriers’ Association, and the World Shipping Council. This brief, whose four main arguments are detailed below, sets out the ‘remedy’ that should be imposed as a result of the Court ruling that the EPA’s long-standing exclusion from Clean Water Act (CWA) requirements of operational discharges from ships is not authorised by the CWA and is therefore invalid. Background. In 1973, shortly after the U.S.
