The Bureau of Land Management received nearly 2,600 public comments on a draft evaluation of the proposed Gateway West Transmission Line Project, documenting a wide array of major policy issues that must be addressed before construction can begin on the first major power-line project in decades.
A deal between Southwire Company and energy company Clean Line Energy Partners LLC is expected to create 1,450 jobs in Illinois and boost wind energy projects.
A renewable energy project is taking shape and raising hope for a big economic boost for the state of Illinois and the Quad Cities. Illinois Governor Pat Quinn announced Tuesday that the wind energy project, called the Rock Island Clean Line, has taken a step forward with an agreement between it and the Southwire Co., which has a facility in Flora, Illinois. Together, they will build transmission lines connecting power from wind turbines in the Midwest and delivering it to Illinois and onto the east.
BP and other energy companies are funneling millions into building and operating wind farms in West Texas, helping to transform oil country into one of the nation’s leading hubs for green energy production.
U.S. investments in turbine farms and wind-energy businesses tumbled 38 percent last year to $9.7 billion, according to data from Bloomberg New Energy Finance. Venture capitalists have practically left the sector altogether. They invested only $177.6 million in wind startups last year, down 71 percent from the year before.
Governor Terry Branstad will open the Iowa Wind Energy Conference which runs through April 9-11 at the Iowa Events Center in Des Moines.
Seeing a sharp decline in the cost of building wind turbines on land and growing comfort with the technology, the Department of Energy is shifting its money toward offshore wind farms. DOE said in a funding announcement yesterday that it intends to give out $180 million over the next six years, including $20 million this year, to as many as four offshore wind projects that could help drive down the cost of offshore wind farms and reassure financiers about their value.
Sen. Jeff Bingaman (D-N.M.) today unveiled legislation aimed at boosting the nation’s reliance on low-carbon energy sources and to help meet President Obama’s goal of generating 80 percent of the country’s electricity from “clean energy” sources by 2035.
With gasoline prices at historic winter highs, President Obama made his second major energy address in as many weeks today, decrying “phony election-year promises” about quick fixes and warning there is no “silver bullet” on energy issues.
Energy Secretary Steven Chu spent the afternoon on Capitol Hill defending President Obama’s proposed DOE budget for next year, but his agency’s research programs got firm support earlier in the day from Microsoft Corp. founder Bill Gates. Energy development programs deserve twice as much money as they get now, Gates said during a panel discussion with Chu.