German turbine maintenance firm Deutsche Windtechnik has opened an office in Houston and will begin offering operations and maintenance services in North America next month. The company said the location will allow it "to react quickly and flexibly to challenges in this new market."
Norway is planning on opening at least one, if not two, new areas suited for floating offshore wind development, according to the Ministry of Petroleum and Energy. "The government wishes to accommodate offshore wind power, in particular with demonstrations of floating wind turbines in mind," it said Wednesday.
A coalition of 50 major firms including Amazon, Facebook and Google have petitioned the EU to set a 35% renewable energy target and lift all barriers against power purchase agreements with wind and solar projects. "A strong investment signal is key to further positioning industries with large investment potential in supporting Europe's clean energy goals," they said.
Illinois Gov. Bruce Rauner visited Exelon's Clinton nuclear power plant to note the first anniversary of the Future Energy Jobs Act, under which Exelon received $235 million in support to continue operating the Clinton and Quad Cities nuclear power plants. "This is one of the great economic engines for the entire state of Illinois," Rauner said.
Toshiba has paid the full amount of its guarantee obligation to the owners of the Plant Vogtle nuclear power plant expansion project in Georgia, headed by Georgia Power. The payment of $3.225 billion includes $1.47 billion for Georgia Power.
Entergy next week makes its final payment into the site-restoration fund for its retired Vermont Yankee nuclear power plant, pushing the fund past $30 million. The money will cover the costs of nonradiological cleanup.
Regulators in Wisconsin approved Xcel Energy's request to increase its electricity and natural gas revenue. The additional revenue would be dedicated, in part, to the cost of upgrades to its Prairie Island nuclear power plant.
Russia and Saudi Arabia signed a roadmap detailing necessary steps for enacting a nuclear energy cooperation program, Rosatom said.
South Korea's energy ministry said the country will decrease its dependence on nuclear energy and coal over the next 15 years, although the two sources will still provide 60% of electricity in 2030. South Korea also plans to build two nuclear reactors by 2022.
The oil industry plans to increase spending on US oilfields by 15% next year to more than $100 billion, according to a survey of oil companies. Oil and natural gas producers will spend $385.5 billion worldwide, a $24.8 billion increase over this year, with $13.3 billion of the increase going toward projects in the US.