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Why the cost to develop offshore wind power is on the rise

Higher prices for steel, labor and debt financing have raised the cost of developing a wind farm by almost 40% since 2019, The Wall Street...

Inside the debate over the EPA’s proposed carbon rules for power plants

Electric reliability has been a hot topic lately—from congressional hearings to regulatory agencies and at the regional transmission organizations that run the electric grid...

What does a lackluster lease sale mean for the future of wind energy in...

In late August, it became starkly apparent that the economics for offshore wind in the Gulf of Mexico aren’t quite where they need to...

Coastal Chemical opens new primary operations hub in Maurice

German chemicals and ingredients distributor Brenntag has opened a new primary operations hub in Maurice for its subsidiary, Coastal Chemical. CHEManager reports that the 155-acre...

How the DOE is trying to increase the battery supply as a climate solution

The U.S. Department of Energy is making a push to strengthen the country’s battery supply chain, announcing up to $3.5 billion for companies that...
Offshore

After Fifth Circuit ruling, Gulf lease sale scheduled for Dec. 20

After the Fifth Circuit U.S. Court of Appeals’ order last week, the Bureau of Ocean Energy Management announced that it scheduled Lease Sale 261...

ExxonMobil looks to lithium as another way to diversify

ExxonMobil continues to diversify its energy portfolio as it aims to be a major U.S. lithium supplier for makers of electric vehicle batteries. The company,...

Across Louisiana, companies are investing in the energy transition

For some companies, sustainability is no longer simply a buzzword intended to pacify the masses. They’re proactively investing real dollars in real projects to...

Rising costs threaten development of U.S. offshore wind industry

There was both good and bad news last week for the fledgling U.S. offshore wind industry, reports Louisiana Illuminator. On Halloween, the Biden administration announced...

Louisiana offshore wind consortium chosen as U.S. Tech Hub

President Joe Biden and the U.S. Department of Commerce’s Economic Development Administration announced last week the selection of Gulf Louisiana Offshore Wind Propeller as...

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