Archive for energy SmartBlogs
Earlier this year, Deepwater Wind did something no other wind energy company has done in the U.S. It began construction on an offshore wind farm. Commercial-scale wind projects aren’t uncommon overseas, especially in Europe, but wind on American waters has gone unharvested. Deepwater’s Block Island wind farm, which will be located 16 miles off the coast of Rhode Island, will consist of five turbines and produce up to 30 megawatts.[…] Continue Reading »
A roundup of financial news from Day One of the Milken Institute Global Conference in Beverly Hills, Calif.
Central banks still run the show: The past, present and future actions of the world’s central banks drew scrutiny during a panel about prospects for the global economy. Alan Howard, co-founder of Brevan Howard, said the increased regulatory powers of the European Central Bank will be a game-changer as will the size and targeting of the quantitative easing he expects the ECB to manage.[…] Continue Reading »
The leadership of the Senate Energy and Natural Resources Committee might differ on what America’s energy future should look like, but they agree that innovation led by the Department of Energy’s ARPA-E program will play an important part.
Chairman Ron Wyden, D-Ore., and ranking member Lisa Murkowski, R-Alaska, praised the program for fostering ingenuity and the next big thing in energy.[…] Continue Reading »
In what may have been his final appearance in office, Energy Secretary Steven Chu said that knowing now how it would be, he would have still gladly taken the office in 2009. Chu told the audience at the ARPA-E Energy Innovation Summit in Maryland that he learned that it was most important to focus on hiring the right people to accomplish the Obama administration’s clean and sustainable energy initiatives, rather than just the initiatives themselves.[…] Continue Reading »