Not everybody has the chance to, but if you have the option to change your power supplier, do so. It might seem obvious, but people underestimate the power we have. We can vote with our dollars for the world we want to live in. Also, check what company is behind the green power supplier of your choice and try to find one who is not part of a big coal or fracking company.
The generation capacity of wind farms newly built in 2015 was a record 63.01 gigawatts (GW), corresponding to about 60 nuclear reactors, according to the Global Wind Energy Council based in Brussels.
Texas’ privatized power system literally cannot handle how effective wind energy has become. The price of electricity went negative around an area producing lots of wind energy earlier this week because the deregulated state grid can’t even effectively bring it over to the neighboring metro area, where electricity prices were high and rising.
A Denmark-based company will acquire the developer of America’s first-ever offshore wind farm.
Ørsted announced this week it entered into an agreement to purchase Rhode Island-based Deepwater Wind for a price tag of $510 million.
On a conference call, Ørsted CEO Henrik Poulsen said the purchase comes at a time when offshore wind is experiencing international growth.
“We can now say that the cost of green energy is fully competitive with “black” energy. And as such, there is no economic reason for not accelerating the transition to green energy,” Poulsen said. “So yes, we do see a clear acceleration in demand, and I’m not sure that we’ve seen the final acceleration.”
Deepwater Wind’s Block Island wind farm was the nation’s first when it launched in 2016.
The company currently has three other offshore wind projects in development with Rhode Island, Connecticut, Maryland, and New York.
The “Revolution Wind” project, a joint venture between Connecticut and Rhode Island announced this summer, is expected to come online in 2023.
When combined with Orstead’s other assets, the two companies said they hope to deliver offshore wind power to seven states on the east coast by 2030.
(Image Credit: Ryan Caron King / Connecticut Public Radio)
