DOE announces $28 million in wind energy research funding

Deepwater Wind's Block Island Wind Farm is the first commercial wind energy project inU.S. waters. Department of Energy photo.

Yesterday, the U.S. Department of Energy announced up to $28.1 million in funding aimed at advancing wind energy nationwide across the land-based, offshore, and distributed wind sectors. This includes up to $22 million for offshore wind energy research.

While utility-scale wind energy in the U.S. has grown to 90 gigawatts, significant opportunities for cost reductions remain, especially in the areas of offshore wind, distributed wind, and tall wind.

“Wind power is an important part of America’s...

https://www.workboat.com/news/offshore/doe-announces-28-million-in-wind-energy-research-funding/

Department of Energy to fund $28 million for floating offshore wind turbines research

A floating wind turbine is assembled for the Hywind Scotland project in 2017. Ørjan Richardsen/Woldcam photo courtesy Equinor.

The U.S. Department of Energy will spend up to $28 million to foster new technology designs for a future generation of lighter weight, more powerful floating offshore wind energy turbines.

In theory U.S. offshore wind energy potential is estimated to be equivalent to 1 trillion cubic feet of natural gas, but “nearly 60% of that wind energy—the equivalent of the entire U.S. annual electricity consumption—blows across waters more than 200 feet deep, an area that cannot be economically accessed...

https://www.workboat.com/news/offshore/department-of-energy-to-fund-28-million-for-floating-offshore-wind-turbines-research/

U.S. now the largest global crude oil producer, EIA says

Ocean Confidence, a semisubmersible deepwater drill rig used in the Gulf of Mexico. Image via BOEM/Courtesy of Diamond Oil.

The Energy Information Administration (EIA) estimated in their latest Short-Term Energy Outlook released last week that the U.S. is now the largest global crude oil producer, likely surpassing Russia and Saudi Arabia.

In February, U.S. crude oil production exceeded that of Saudi Arabia for the first time in more than two decades. In June and August, the U.S. surpassed Russia in crude oil production for the first time since February 1999.

The Department of Energy (DOE) also announced that on Sept....

https://www.workboat.com/news/offshore/us-now-the-largest-crude-oil-producer/

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon