Clean Energy Resources News

Global offshore wind energy market to reach USD 69.63 billion by 2025, said a study.Global offshore wind energy market valued approximately USD 18.48 billion in 2016 is forecasted to grow with a healthy growth rate of more than 15.88% over the forecast period 2018-2025, said Brand Essence Market Research report.The major factors speculated to augment the markets are government initiatives to reduce carbon footprint and rising need for renewable energy for power generation. Cost of energy and high capital investment are restraining the growth rate of the market.Growing research & development expenditure and innovative technological advancement…

A new collaborative strategic plan has been published today which aims to continue accelerating the development of offshore wind energy in the United States. Announced by U.S. Secretary of Energy Ernest Moniz and U.S. Secretary of the Interior Sally Jewell, the plan, entitled National Offshore Wind Strategy: Facilitating the Development of the Offshore Wind Industry in the United States, details the current state of offshore wind in the U.S., presents the actions and innovations…

A new lease sale has been proposed for 122,405 acres for commercial wind energy leasing offshore North Carolina. The proposed lease, announced today by U.S. Secretary of the Interior Sally Jewell and Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper as part of President Obama’s Climate Action Plan, is for the Kitty Hawk Wind Energy Area, which BOEM identified in consultation with its North Carolina Intergovernmental Renewable Energy Task Force and outreach with stakeholders. “This is an important and exciting milestone in our ongoing efforts to tap the vast wind energy resources along the Atlantic Coast,” said Secretary Jewell.

Today, the Panama Canal marked another milestone with the transit of the first-ever liquefied natural gas (LNG) carrier through its expanded locks. Shell-chartered Maran Gas Apollonia—measuring 289 meters in length and 45 meters in beam—arrived Monday from the Sabine Pass LNG Terminal on the U.S. Gulf Coast, signaling the arrival of the highly-anticipated segment to the waterway. “The transit of the first LNG vessel through the new Panama Canal locks is a milestone in the waterway’s history,” said Panama Canal Administrator and CEO Jorge L. Quijano. “LNG trade will greatly benefit from the Expansion, and we look forward to welcoming even more LNG vessels through our great waterway.

As part of President Obama’s comprehensive Climate Action Plan to create American jobs, develop domestic clean energy resources and cut carbon pollution, the Interior Department’s Bureau of Ocean Energy Management (BOEM) yesterday held the nation’s fifth competitive lease sale for renewable energy in federal waters, which offered nearly 344,000 acres offshore New Jersey for potential wind energy development. The provisional winners of today’s lease sale are RES America Developments Inc., which bid $880,715 for lease area OCS-A 0498 (160,480 acres), and US Wind Inc., which bid $1,006,240 for OCS-A 0499 (183,353 acres). Fishermen’s Energy LLC also participated in the lease sale. According to an analysis prepared by the U.S.

As part of President Obama’s Climate Action Plan to develop domestic clean energy resources, cut carbon pollution and create American jobs, U.S. Secretary of the Interior Sally Jewell and Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper announced that 343,833 acres offshore New Jersey will be offered for commercial wind energy development in a competitive lease sale on November 9, 2015. If fully developed, the New Jersey Wind Energy Area could support at least 3,400 megawatts of commercial wind generation, enough to power an estimated 1.2 million homes, according to the Department of Energy’s National Renewable Energy Laboratory.

The U.S. Bureau of Ocean Energy Management (BOEM) has executed a wind energy research lease with the Commonwealth of Virginia’s Department of Mines, Minerals and Energy (DMME), BOEM announced today. This is BOEM’s first executed wind energy research lease, coming as part of the Obama Administration’s Climate Action Plan to create American jobs, develop domestic clean energy resources and cut carbon pollution. Under this lease, DMME proposes to design, develop and demonstrate a grid-connected, 12-megawatt (MW) offshore wind test facility on the Outer Continental Shelf (OCS) off the coast of Virginia – adjacent to the Virginia Wind Energy Area (WEA).

As part of President Obama’s Climate Action Plan to create American jobs, develop domestic clean energy resources and cut carbon pollution, Secretary of the Interior Sally Jewell and Bureau of Ocean Energy Management (BOEM) Director Abigail Hopper today announced the release of an Environmental Assessment (EA) supporting a potential lease sale for more than 300,000 acres of federal waters off the coast of North Carolina for wind energy development. “No challenge poses a greater threat to future generations than climate change, and today’s announcement marks yet another milestone in the President’s strategy to develop renewable energy, create American jobs and strengthen the nation’s energy security future,” said Secretary Jewell.

Congressman Frank Pallone has issued the following statement in response to the Department of the Interior’s announcement of the proposed lease sale for nearly 344,000 acres off of the New Jersey coast for commercial wind energy development. “I am pleased that the Department of the Interior is moving ahead to pursue energy development in the Atlantic from renewable resources. Here in New Jersey, we are uniquely positioned to take advantage of our vast coastline to produce clean, renewable energy. By working to harness the natural wind power off of our shores, New Jersey can lead the way in building a far more sustainable energy industry right here at home. “Wind energy development also has the potential to create jobs, while simultaneously expanding our domestic clean energy resources.