Posts tagged offshore wind
Planning for “Blowing in the Wind”
Planning for “Blowing in the Wind”

In 2022, the view from the windows of the hourly flights between Washington DC and Boston will change as wind machines appear off the northeast coast. The excitement around offshore wind intensified this week as the oil major, BP purchased a 50% share in two proposed windfarms off New York and Massachusetts from Norway’s Equinor, a giant energy company turned wind developer, in a $1.1 billion deal. This sale demonstrates the significance of the offshore wind sector (OSW) as energy giants like Equinor and BP recognize the future importance of large-scale renewables.

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Climate SmartClimate Policy Labwind energy, wind, offshore, offshore wind, clean energy, Barbara Kates-Garnick, 2020, energy transition, Massachusetts, US, smart grid, low carbon growth, low carbon industrialization, clean tech, green infrastructure Comments
The Important Outcomes of Mission Innovation: First Evidence
The Important Outcomes of Mission Innovation: First Evidence

It’s been over ten years since the 2009 financial crisis economic stimulus packages targeted clean energy companies and today’s headlines highlight the payoff. Clean energy companies outperformed the S&P 500 in 2019 and looks poised to payout even more to investors in 2020. Tesla received a $465 million federal loan during the U.S. 2009 stimulus to design electric vehicles and begin manufacturing and its market capitalization surpassed that of ExxonMobil earlier this year. Tesla is not the exception to the rule. A comprehensive study of the US Department of Energy’s SBIR grant program found that the awards led to positive impacts on patenting and revenue innovative companies.

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Climate SmartClimate Policy Labmission Innovation, climate smart, climate, energy, energy innovation, clean energy, Kelly Sims Gallagher, energy transition, energy RD&D, sustainability transitions, clean tech, technology adoption, oil, offshore wind, Author - Zdenka Myslikova