Reports on new funding by the DOE and the Department of Interior for various advanced hydro projects, including sustainable run of the river hydro and pumped storage as well. The announced $17 million in funding over the next three years is targeted for research and development projects to advance hydropower technology.
WIND ENERGY UPDATE: Offshore Wind Gets Major Boost, American Wind Energy Association Annual Wind Industry Report, Construction Begins on New South Texas Wind Farm, Seattle Company Proposes Floating Wind Farms
Offshore Wind Gets Major Boost with announcement by President Obama that the Department of the Interior has finalized a long-awaited framework for renewable energy production on the U.S. Outer Continental Shelf (OCS). Wind energy continues rapid growth according to new report from the American Wind Energy Association. The US has surpassed 25 gigawatts (GW) of installed wind energy capacity in 2008. Construction of a new wind farm has begun in Texas. Seatle firm proposes floating offshore wind farms.
The economic recovery package contains $78.6 billion in clean energy, energy efficiency, environmental and green transportation funding. There are also energy-related tax incentives. Prior to signing the bill, Obama spoke of how the United States can now convert crisis into opportunity, like making the country more energy efficient, and how he would like to see the nation’s amount of renewable energy doubled in the next three years.