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Natural Gas Power Reliance Factors Heavily in Massachusetts Net-Zero Actions
Lawmakers in Massachusetts have passed a bill that eyes net-zero greenhouse gas (GHG) emissions statewide by 2050, setting interim GHG reduction targets to achieve reductions of least 85% below 1990 levels within the next 30 years.
” sending it to Gov. Charlie Baker, who plans to act on it by Jan. 14. Baker, who in April 2020 committed the state to net-zero emissions by 2050, last week also released two reports that detail policies and strategies to maximize the state’s ability to meet the ambitious target.
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5 Jan, 2021 Author Camilla Naschert
The Anholt wind farm in Denmark. Ambitious new targets for offshore wind deployment will be a boon to turbine suppliers, but bottlenecks such as a shortage of large installation vessels will need to be ironed out.
Source: Ørsted A/S
A year of coronavirus-related disruption and corporate restructurings in 2020 has changed the landscape for wind turbine manufacturing.
The pandemic has been challenging for a sector heavily reliant on functioning international supply chains, but manufacturers were able to largely shake off the disruption of the initial lockdowns earlier in the year. More recently, ramped-up renewables targets and green recovery plans across Europe have brightened the long-term outlook.
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Video: Path to Carbon-Free Power Generation by 2035
The 2021 U.S. Renewable Energy Outlook
European Energy Insights - February 2021
29 Dec, 2020 Author Yannic Rack
The £2.5 billion Beatrice offshore wind farm in Scotland, co-owned by Copenhagen Infrastructure Partners. The Danish fund manager has made a name for itself financing early-stage wind projects around the world.
Source: Beatrice Offshore Windfarm Ltd.
When Copenhagen Infrastructure Partners K/S set up its first renewable energy fund in 2012, one of its initial investments was in Cape Wind, a project off the coast of Massachusetts that had been launched more than a decade earlier and was meant to kick-start offshore wind development in the U.S.
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POWER Offshore Wind Notebook: GE Boosts Haliade-X to 14 MW; Dominion Kicks Off 2.6-GW Virginia Project; Vestas Absorbs MHI Vestas
The past week has marked several significant developments in the offshore wind segment. GE Renewable Energy snagged a key agreement for the third 1.2-GW phase of the 3.6-GW Dogger Bank wind farm in the UK, saying the project will use an “upscaled” 14-MW version of its Haliade-X wind turbine. In a potential win for Siemens Gamesa, Dominion Energy filed a construction and operations plan for its 2.6-GW wind farm offshore Virginia the biggest project planned in the U.S. so far aiming to begin construction in 2024.
Update: December, 22/2020 - 08:54 | A wind power farm in Ninh Thuận Province. Việt Nam s power demand was forecast to increase by 8.5 per cent per year over the next five years. VNA/VNS Photo HÀ NỘI Việt Nam aims to be an attractive destination for investment in low-emission energy, given the country’s huge power demand for development coupled with the national strategy of sustainable energy development with the priority on renewable energy. Estimations by the Ministry of Industry and Trade showed Việt Nam would face a shortage of 6.6 billion kWh in 2021, 11.8 billion kWh in 2022 and 13 billion kWh in 2023. It would require a total investment of US$130 billion in new power projects by 2030 to make up for the shortages, equivalent to $12 billion annually.