Blog posts : "wave energy"
In the States
MI –There are currently 17 new vehicle battery plants in production, under construction, or approaching groundbreaking in Michigan, which may be attributed in part to the $2.4 billion provided by the American Recovery and Reinvestment Act to encourage development of a domestic industry to make lighter, more energy-dense lithium-ion batteries to power electric vehicles. The State has also played a large role in encouraging development by studying various industrial sectors around which to build a new economic strategy focusing on clean energy, especially battery production, for the next generation of energy-efficient vehicles. Governor Granholm helped to persuade the legislature to approve $1 billion in tax credits for companies involved in developing advanced energy storage systems for electric vehicles and told a conference of engineers and battery developers in Detroit on July 27, “Michigan intends to lead the way in clean energy manufacturing.” A bet on clean energy in the automotive State – New York Times
OR – Ocean Power Technologies, Inc. has signed a Settlement Agreement (SA) that will allow development of a wave energy power project that could generate enough electricity to power 1,000 homes. The SA represents a major step towards the first license issued by the Federal Energy Regulatory Commission for this type of project. The SA includes a plan to identify and implement required environmental studies, and to provide a blueprint for the application of this information as development progresses. Governor Ted Kulongoski said, "The Settlement Agreement is a groundbreaking document that demonstrates the State's commitment to partnering with the private sector and coastal communities to explore how we can tap into the renewable resource of ocean waves to power our communities. The manufacture of the first buoy has already created dozens of green-energy jobs in Oregon and when the 10-buoy wave power project is built, a whole new industry will be created to benefit our coastal communities.” Ocean Power Technologies Signs Historic Stakeholder Agreement for Oregon Wave Energy Project – BusinessWire and Oregon on track to get utility scale wave farm – CNET News
RI – A new law signed by Governor Don Carcieri has brought the possibility of an offshore wind farm one step closer to being built. The Public Utilities Commission blocked an arrangement between Deepwater Wind, a wind power developer, and National Grid, a utility company, because costs to ratepayers were too high in March. Consequently, the legislature passed, and the Governor signed, legislation requiring the commission to make decisions based on economic and environmental benefits as well as rates, and to do so within 45 days. Under the new rules, the Commission approved the plan 2-1. RI energy commission OK’s wind farm agreement – Associated Press
VT – Governor Jim Douglas and Lt. Governor Brian Dubie attended the signing of a contract between two Vermont utilities and Hydro-Quebec, which supplies hydro-electric power from Canada. The contract will allow Hydro-Quebec to provide the utilities with enough power for 200,000 Vermont homes for 26 years at competitive market rates, and replaces a similar long-term contract that will phase out over the next several years. After watching the signing, Governor Douglas held a press conference in which he said he was “grateful” that the companies “have negotiated an agreement that will benefit customers” and that the agreement will “provide stable renewable power at a competitive price” and “help Vermont’s power supply remain arguably the nation’s cleanest.” Vermont and Quebec reach new energy agreement – MarketWatch
A new report from the US Department of Energy says that 2009 set a record for the amount of new wind energy capacity and for the amount of investment in wind energy, despite the lingering economic downturn. Ten gigawatts of wind energy was installed in 2009 and $21 billion was invested, resulting in a 40% increase in the amount of wind energy capacity. For the fifth year in a row, the report says, the growth of wind energy capacity was second only to that of natural gas, supplying 39% of the new energy in the country last year. Twenty-nine States installed new wind energy capacity, with a plurality of that capacity in Texas, followed by Indiana and Iowa in a distant second and third. 2009 a year of growth, challenge for US wind power: Report – EERE News
A plan to build the world’s first clean coal power plant that was approved in 2003 and shelved in 2008 has been revived. The US Department of Energy has awarded $1 billion to the project, now called “FutureGen 2.0”, which will be used to retrofit an existing coal-fired power plant in Illinois to capture and sequester its carbon emissions. The new plan abandons the technique in the original plan called coal gasification, and will instead use a mixture of oxygen and carbon dioxide to burn the coal, then send the resulting gas underground to natural geological formations that can accommodate 50 million tons of carbon dioxide per year for 50 years. Clean-coal project advances with $1 billion in funding – Wall Street Journal