Monday, May 25, 2020

Nichola Groom News

US Grants Royalty Relief to Hard-hit Drillers

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The Trump administration has granted royalty relief to several drilling companies producing oil and gas on federal lands in recent weeks, according to a government database, as the industry seeks help weathering low energy prices.The move shows drillers are taking…

U.S. Clean Energy Sector Seeks Subsidies to Keep Projects Moving

© Federico Rostagno

Wind and solar energy companies on Thursday called on Congress to pass tax incentives that would help the sector avoid project delays and keep financing flowing amid a pandemic that has choked off supply chains and slowed construction.In a letter to House and Senate leadership…

Vineyard Wind to Miss Startup Target Over Permit Delay

(Photo: Heerema Marine Contractors)

Vineyard Wind, the developer of the first major U.S. offshore wind farm, said on Tuesday it will miss its target to start sending power to Massachusetts by 2022 due to lengthy federal permitting delays.The Bureau of Ocean Energy Management, part of the U.S. Department of Interior…

New York Awards Offshore Wind Contracts

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New York on Thursday awarded two major offshore wind contracts to Norway's Equinor and a joint venture between Denmark's Orsted and U.S. utility Eversource, procuring more of the renewable power than it had planned as part of Governor Andrew Cuomo's ambitious plan…

US Offshore Drilling Takes Center Stage

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U.S. lawmakers will quiz President Donald Trump’s new pick to lead the Interior Department on Thursday, focusing on the former energy and mining lobbyist’s plans to expand fossil fuels production from the United States' public lands and waters.The Interior Department, which oversees more than a fifth of the U.S.

US Lease Sale a Test for Drilling Demand

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flyingrussian / Adobe Stock

The Trump administration will hold its fourth major auction for oil and gas leases in the U.S. Gulf of Mexico on Wednesday, in a fresh test of demand from drillers that have lately been shying away from the region.The outcome of the lease sale will provide the last big signal from the industry about their interest in U.S.

Shutdown Risks Delays to US Energy Initiatives

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The partial government shutdown is increasing the chances of delays in U.S. energy initiatives from the release of President Donald Trump's proposed offshore drilling plan to allowing higher levels of ethanol in gasoline during summer months, energy industry groups said on Friday.The U.S.

Europeans Sweep Record US Offshore Wind Auction

(Image: BOEM)

A U.S. government auction for three wind leases off the coast of Massachusetts ended on Friday with record-setting bids totaling more than $400 million from European energy giants including Royal Dutch Shell Plc and Equinor ASA.The Bureau of Ocean Energy Management…

Canada Environment Minister: 'No Apologies' for Oil Sector Support

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Canada's top climate change official on Thursday said she would make no apologies for the nation's support for its oil producers, saying environmental and economic policies must consider the needs of all Canadians.Prime Minister Justin Trudeau's government has…

Trump Effort to Lift U.S. Offshore Wind Sector Sparks Interest

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The Trump administration wants to fire up development of the U.S. offshore wind industry by streamlining permitting and carving out vast areas off the coast for leasing - part of its 'America First' policy to boost domestic energy production and jobs.The Europeans…

House Set to Debate Offshore Wind Energy Bills in US Waters

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A U.S. House committee will kick off debate next week on three new bills aimed at boosting offshore wind energy leases in federal waters.The House Subcommittee on Energy and Mineral Resources will hold a hearing on Tuesday on three bipartisan offshore wind proposals.One…

U.S. Energy Storage Market Could Triple this Year

File Image: CREDIT SAFT

U.S. deployments of energy storage systems will nearly triple this year thanks to sharply lower costs and state policies that support the case for installing batteries in homes, businesses and along the power grid. That forecasted growth of 186 percent to 1,233…

US Could Unwind Wind, Solar Restrictions on Federal Lands

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The administration of U.S. President Donald Trump is considering changes to a plan that set aside areas for renewable energy development in the California desert, a move it says would promote more wind and solar projects on federal lands. The U.S. Bureau of Land Management…

U.S. Wind Firms Cheer Senate Tax Bill Provisions

File Image (CREDIT: Siemens)

The U.S wind energy industry on Friday cheered a Senate tax proposal that, unlike the House version unveiled last week, preserves the tax credit that helps wind farms compete with plants fired by fossil fuels. The Senate plan brought relief to an industry that…

US Solar Industry's Growth Region: Trump Country

Solar Panel AdobeStock / (c) 孤飞的鹤

President Donald Trump's administration has vowed to revive the coal industry, challenged climate-change science and blasted renewable energy as expensive and dependent on government subsidies. And yet the solar power industry is booming across Trump country, fueled by falling development costs and those same subsidies…

Energy Industry Says 'No Thanks' to Trump Offer of Marine Sanctuaries

The National Marine Sanctuary of American Samoa (Photo: NOAA)

In a bid to boost energy development, U.S. President Donald Trump’s administration is considering shrinking or eliminating 11 marine sanctuaries designed to protect 425 million acres of coral reefs, marine mammal habitats and pristine beaches. The review is part…

Wind, Solar Energy No Threat to Grid: Industry Study

File Image (CREDIT: AdobeStock / (c) JJAVA)

With the Trump administration expected to publish an analysis that could undermine the U.S. wind and solar industries, two renewable energy lobbying groups on Tuesday released their own study saying new energy sources pose no threat to the country's power grid.

US Wind Industry Sees Jump in Installs

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The U.S. wind industry installed 2,000 megawatts of capacity in the first quarter, nearly four times the amount installed in the same period last year, as developers race to capture a lucrative federal tax credit that is gradually being phased out. It was the industry's biggest first quarter since 2009…

Green Power Law Impacting U.S. Utilities

File Image (CREDIT: AdobeStock)

In the last four years, North Carolina has become the second largest solar market in the United States, behind only California. It has installed more solar energy than Texas, which has nearly three times the population; more than Arizona, which has twice as many sunny days…

California Wind Demand Energizes Transmission Firms

File Image (CREDIT: AdobeStock)

A firm controlled by Philip Anschutz, the billionaire entertainment and pro sports magnate, will soon build the largest wind farm in the United States to serve utilities in California, where officials have set ambitious green power goals. The $5 billion project…