Governors Wind Energy Coalition
DOE, Interior officials outline offshore wind plans Source: By David Iaconangelo, E&E News reporter • Posted: Sunday, May 16, 2021
A 6-megawatt wind turbine, part of the Block Island wind farm off New Shoreham, R.I., is shown. Scott Eisen/Getty Images
Federal officials are launching new collaborations aimed at heading off challenges to the offshore wind industry following the approval of the nation’s first full-scale project this week.
Speaking at an industry forum last week, officials from the Department of Energy, Interior Department and Federal Energy Regulatory Commission cited the need to prepare the grid and avoid transmission bottlenecks, jump-start U.S.-made supplies of turbine parts and at-sea installation vessels, and draw up the first industry-specific standards for workplace safety and environmental protection.
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Who Are Tesla’s Biggest Competitors?
Tesla is fighting off competition from legacy manufacturers such as Ford, Volkswagen, and General Motors as well as new entrants that include China-based companies including NIO and XPeng.
Apr 20th, 2021
Pixabay
The automotive industry is shifting towards electric vehicles (EV) at a frantic pace. The number of companies entering this highly disruptive sector continues to gain momentum in 2021 and EV stocks were some of the top-performing companies in 2020.
According to a report from the International Energy Agency, the number of EVs sold worldwide rose from 45,000 in 2011 to 3.24 million in 2020. Markets and Markets expect EV deliveries to touch 27 million by 2030, indicating a compound annual growth rate of 21%.
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This is the March 11, 2021, edition of Boiling Point, a weekly newsletter about climate change and the environment in California and the American West. Sign up here to get it in your inbox.
When people talk about “energy companies,” they’re typically referring to the world’s oil and gas giants: Shell. Exxon Mobil. BP.
But as solar and wind power increasingly outcompete fossil fuels in the marketplace, renewable energy companies are flexing their newfound political and economic muscle. Tesla is the most high-profile example last year the company’s market value surpassed that of Exxon Mobil but it’s far from the only clean power provider with a big runway, especially as President Biden pitches climate-friendly energy as a centerpiece of his “Build Back Better” economic recovery plan.