Think of it as Oil Patch version 2.0.
As the nation s nascent offshore wind industry begins revving up, New London and the surrounding region are poised to become front-and-center in the push to bring large-scale offshore renewable energy to the nation.
Roughly 10 big commercial wind projects some languishing in the pipeline for years are beginning to catch a tangible updraft. Once turning, colossal turbines rising off southern New England s coast will bring enough power ashore to light millions of homes.
Illustration by Scott Ritter/The Day
In Connecticut, a major overhaul of State Pier in New London is expected to begin this spring. Danish wind developer Ørsted, and its partner, New England s Eversource Energy, will use the revamped pier as a staging area for three big projects in federal waters just east of Block Island, R.I.
28 April 2021 1:25 GMT Updated 28 April 2021 1:27 GMT
The US government has unveiled ambitious measures to oil the wheels of financing and siting of long-distance powerlines necessary to unlock and deliver more low-cost renewable energy from the country’s interior as well as from future wind farms off the Atlantic coast.
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The loan programmes office of the Department of Energy (DoE) opened channels seeking applications for up to $5bn in loan guarantees to support innovative transmission projects by private companies or those owned by nearly 600 tribal nations or Alaska Native Corporations recognised by the federal government.
In its rush to burnish its green bona fides, the Biden administration is showering billions of dollars of subsidies onto European offshore wind developers, and in the process threatening both the environment and the livelihoods of Atlantic coast commercial fishermen.
Octopus Renewables snaps up 85MW of biomass power capacity businessgreen.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessgreen.com Daily Mail and Mail on Sunday newspapers.
Octopus Renewables leverages Nest investment and acquires biomass plants
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Octopus Renewables leverages Nest investment and acquires biomass plants
Octopus Renewables has acquired two operational UK biomass power plants in one of the largest domestic deals of its kind.