- “West Warms To Geothermal Energy As A Path To Clean Power Goals” • Backers think geothermal can play an important role in the clean energy transition, but they say its potential won’t be unlocked without government investments, utility regulations, and other policies to encourage development. Governors in the western US are getting interested. [Alaska Beacon]
- “Orkney Subsea Power Link To Mainland Gets Go-Ahead” • A high-voltage subsea power cable to carry renewable energy from Orkney to mainland Scotland has been approved in principle by regulators. Power firm SSEN formally requested to lay the cable in 2018, but first had to demonstrate to the energy regulator Ofgem that it would be used. [BBC]
- “Beacon Wind Project Will Repower ‘Asthma Alley’ With Renewable Energy Facility In Astoria” • Equinor Wind US and bp in the US announced two initiatives in Queens. They will invest $215 million to buy the Astoria Gas Turbines site to turn it into a converter station for offshore wind power, and they will invest in community resources. [Astoria Post]
- “Renewable Energy Institutional Investment Has Gone “From Niche To Mainstream”” • While there have been bumps along the road, the energy transition has attracted “an unprecedented wave of investment,” Andrew Redinger of KeyBanc Capital Markets said. Institutional investment in renewable energy went “from niche to mainstream” in 24 months. [pv magazine USA]
- “Biden’s DOE Announces $1.2 Billion To Extend Or Restart The Life Of Nuclear Plants” • The Biden administration is offering money to recently shuttered nuclear plants that want to come back to life. The funding is part of a $6 billion program offered to prevent the early closings of nuclear reactors as part of the Bipartisan Infrastructure Law. [EcoWatch]
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