Offshore wind
TotalEnergies will instead invest in the Rio Grande LNG plant, upstream conventional oil development in the US Gulf of Mexico, and shale-gas production.
The project, which is owned and run by Equinor offshore New York, is more than 60% complete.
Buoy-based camera footage, analyzed by artificial intelligence, can help reduce the risk of birds colliding with offshore wind farm turbines.
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Projects across the globe are exploring the power of offshore wind in an effort to reach net zero. -
The department says the four areas, totaling 410,000 acres, have the potential to power 1.2 million homes.
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The bureau estimates that the project, previously known as Vineyard Wind South, would generate up to 2,600 MW of electricity, enough to power more than 900,000 homes.
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The areas are expected to have the potential to supply 2.4 GW of clean renewable energy.
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This paper assesses the opportunity for an integrated and circular approach to developing the offshore energy sector for the energy transition. It evaluates how offshore wind, green hydrogen production, and heritage oil and gas expertise can be brought together to benefit all sectors to support a viable green hydrogen and wind economy.
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Through a swap transaction, the Norwegian major will take over full ownership of the Empire Wind project from BP while the British major will take full ownership of the Beacon Wind project.
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The strategy is part of larger interagency effort to promote recovery of the North Atlantic right whale while responsibly developing offshore wind.
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The Vineyard Wind 1 project came online on 2 January, while appeals in several lawsuits against it remain pending.
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A pilot project will explore onboard carbon capture for container ships, and two heavy-hitters are teaming up to find decarbonization paths in the Asia Pacific region. Elsewhere, wind and solar are on track to pass coal in the race to generate electricity.
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Several projects have been scrapped across the US as inflation causes project costs to soar, while projects in Costa Rica and Rotterdam move forward.
