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Biden Administration launching offshore wind offensive

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The Biden Administration announced a series of measures to support rapid offshore wind deployment, including designation of a new wind energy area and targeting the deployment of 30 GW of offshore wind by 2030. New Wind Energy Area. Deploying 30 GW of Offshore Wind by 2030.

Wind 199
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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

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The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). Report highlights include: Cape Wind’s troubles. Source: IRENA.

Renewable 150
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General Compression and ConocoPhillips to Develop Compressed Air Energy Storage Projects

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a Massachusetts company developing an innovative compressed air energy storage system, has signed an agreement with ConocoPhillips to develop compressed air energy storage (CAES) projects, beginning with a pilot project in Texas, using General Compression’s Advanced Energy Storage (GCAES) technology. General Compression , Inc.,

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Liquid Metal Battery Corp secures patent rights from MIT

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Liquid Metal Battery Corporation (LMBC), a Cambridge, Massachusetts company founded in 2010 to develop new forms of electric storage batteries that work in large, grid-scale applications, has secured the rights to key patent technology from MIT. —Luis Ortiz, LMBC’s President.

MIT 210
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US DOE announces 3 consortia for $125M US-India Joint Clean Energy Research and Development Center; solar, second-generation biofuels and buildings

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These consortia—led in theUS by the National Renewable Energy Laboratory (NREL), the University of Florida, and Lawrence Berkeley National Laboratory (LBNL)—will bring together experts from national laboratories, universities, and industry in both the US and India. MEMC Corporation; and Solarmer Energy Inc.

India 240
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US DOT Awards $100M in Recovery Act Funds to 43 Transit Projects to Reduce Energy Consumption and Greenhouse Gas Emissions

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Combined with AC Transit’s already-installed solar capacity, this solar installation will produce the renewable electricity equivalent to what will be required to produce 180 kg/day of green hydrogen. Massachusetts Bay Transportation Authority, Massachusetts: $2,500,000. VIA Metropolitan Transit, Texas: $5,000,000.

Emissions 256
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Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

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Markey of Massachusetts, both Democrats, built their climate change bill last year in large measure around it. The legislation would also provide new incentives for domestic oil and gas drilling, nuclear power plant construction, carbon capture and storage, and renewable energy sources like wind and solar.

Gas 244