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Home » Tag Archives: Renewable energy

Tag Archives: Renewable energy

New York’s East River Gets Tiny Turbines To Tap Tidal Power

Jogger by river. Bridge. New York City

BLOOMBERG, OCTOBER 22, 2020 Verdant Power turbines will feed electricity to ConEd grid | Project meant to showcase technology ahead of commercial debut By Will Wade for Bloomberg – New York’s East River is set to become the testing ground for a technology that generates electricity from the tides. Verdant Power, a New York-based marine energy technology company, is installing three …

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A clean energy company surpasses ExxonMobil in market cap

PortandTerminal.com, October 3, 2020 “Oil major once had the world’s biggest equity value but has been overtaken by green upstart” NEW YORK – The Financial Times is reporting that NextEra Energy, the world’s largest solar and wind power generator, has surpassed ExxonMobil in its stock market valuation. It’s an incredible “sign-of-the-changing-times” development that reflects investors’ bets on a changing energy …

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Trump’s Offshore Oil Ban to Hurt Coastal Wind Farms Too

Offshore wind farm

BLOOMBERG, September 28, 2020 Leasing ruled out in waters off Florida, Georgia and Carolinas | Move imperils construction of wind farms along southeast U.S. By Jennifer A Dlouhy for Bloomberg – President Donald Trump’s decision to rule out energy development along the coasts of Florida, Georgia and the Carolinas will bar not just offshore oil and gas drilling — but coastal …

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Giant Tesla Batteries Keep British Lights on for First Time

Neon lights. Building. Advertising

BLOOMBERG, SEPTEMBER 18, 2020 Six huge batteries from Elon Musk’s company Tesla are now helping to keep the lights on in Britain. By Rachel Morison for Bloomberg – A project using giant Tesla Inc. batteries was used to help balance supply and demand in Britain’s electricity market for the first time this week. The plant is made up of six Tesla megapack batteries …

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Crude oil or cooking oil? For some U.S. refiners, it’s now a choice

Deep fat fryer

REUTERS, AUGUST 27, 2020 NEW YORK (Reuters) – Refiners have always produced fuel using crude oil. Now some are using grease. A slump in demand for gasoline since the onset of the coronavirus pandemic has several refining companies accelerating their plans to retrofit facilities to produce so-called renewable diesel made from, among other things, used cooking oil from fast-food restaurants. …

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Let’s Hire Laid-Off Oil and Gas Workers to Fight Climate Change – Michael Bloomberg

Abandoned oil well.

BLOOMBERG, AUGUST 3, 2020 Two tough policy challenges. One elegant solution. By Michael R. Bloomberg – As Congress debates how to address the economic calamity we are facing, we have an unprecedented opportunity to put people to work addressing the climate crisis — and we should start by hiring laid-off oil and gas workers to help lead the way. The fact …

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