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Follow @EngelsAngle</scrip As progress continues on Coastal Virginia Offshore Wind, the largest offshore wind project in development in the U.S., the estimated cost of the project has increased to $10 billion. Dominion Energy CEO Bob Blue told investors last week that the projected levelized cost of energy for the project is now $87 per megawatt-hour,…

The Clean Energy States Alliance recently released a new report that looks at the development of green hydrogen (H2) from offshore wind. Georgena Terry chatted with report author Val Stori to glean some of the highlights from the report. Scottish offshore energy company Equinor has revealed its preferred floating wind foundation design for full-scale gigawatt (GW) commercial…

Follow @EngelsAngle</scrip Renewable energy advocates celebrated Congress’ passing of the $1.2 trillion bipartisan infrastructure bill, which includes billions of dollars for renewable energy projects and research. President Joe Biden called the funding package a “once-in-a-generation” investment solar, wind, energy storage, and electric vehicle technologies that will create millions of jobs. Heather Zichal, CEO of the…

Ana Maria Dimand, Boise State University The U.S. Congress passed an infrastructure bill that funds more than a trillion dollars in nationwide federal spending on Nov. 5, 2021. The bill puts about US$240 billion toward building or rebuilding roads, bridges, public transit, airports and railways. More than $150 billion is slated for projects that address…

Originally published at Alt Energy Stocks Monthly Performance Returns for the Ten Clean Energy Stocks for 2021 model portfolio are shown below.  It was a good month for clean energy stocks as well as the broader stock market, with the portfolio up 4% for a 20% total return through the end of October.  Its clean…

PJM is pursuing generator interconnection reforms to file at FERC in early 2022. PJM had three stakeholder meetings in October alone. In addition to learning from MISO’s experience, PJM should work with its transmission owners to build substations where renewables connect to the transmission grid. Prefabricated substations are readily available from some of the leading…

Follow @EngelsAngle</scrip The Coastal Virginia Offshore Wind project has taken another step forward in its quest to, eventually, generate enough clean energy to power 660,000 homes. Dominion Energy submitted construction plans for the 2.6-gigawatt project with the Virginia State Corporation Commission for approval. The step builds on recent announcements that Siemens Gamesa will build the…

Contributed by James Viray, Gregory Carli, Michele Villa — GHD How can we radically collaborate to make the right choices – and the right investment decisions – to mobilize global markets and accelerate the establishment of a sustainable, low-carbon economy? In many ways, the climate change challenge we face in the next 10 years is…

Follow @EngelsAngle</scrip The City of Ithaca, New York has voted to electrify its entire building stock — the first large-scale, city-wide decarbonization effort in the U.S. Ithaca’s Common Council gave approval to Mayor Svante L. Myrick to negotiate a contract with BlocPower, a Brooklyn-based climate tech startup focused on greening aging urban buildings. Installation of…

Bahamas Power and Light Company Limited (BPL) will leverage a battery energy storage system supplied and installed by Finnish firm Wärtsilä to optimize the operations of its Blue Hills Power Station in Nassau. The energy storage system will provide spinning reserve services to enhance the reliability and efficiency of BPL’s 132MW dual-fuel power plant. Whitney Heastie, the…