4 new offshore wind power projects proposed for New Jersey Shore; 2 would be far out to sea
ATLANTIC CITY, N.J. (AP) — Wind power developers proposed four new projects off the New Jersey Shore on Friday, a surge that would more than double the number of wind farms built off its coast if they are approved by regulators.
Two days after Alberta taps the brakes on wind development, wind power bottoms out again
On Thursday, the Alberta government announced a six-month pause on approvals for wind and solar projects, and by Saturday, wind generation in that province yet again bottomed out for much of the day.
NB Power says bringing electricity via Atlantic Loop could be cost-prohibitive
New Brunswick’s power utility has questioned the viability of the Atlantic Loop energy project because of the potential costs.
The Atlantic Loop aims to wean Nova Scotia and New Brunswick off coal with hydroelectricity from Quebec and Newfoundland and Labrador. For New Brunswick, the project proposes to bring an additional 1,150 megawatts of transmission capacity into the province from Quebec by 2030.
Alberta announces six-month pause on renewable energy, citing rural concerns
Alberta’s United Conservative government is pausing all approvals of large renewable energy projects in response to what it says are rural and environmental concerns.
In a statement Thursday, the government said the Alberta Utilities Commission is to institute a six-month moratorium on approving all wind and solar power projects greater than one megawatt over issues of development on agricultural land, effect on scenery, reclamation security and system reliability.
Lithium in SK, Part 19: Grounded Lithium’s Kindersley project could cost $447 million to build, but bring in $350 million per year
Grounded Lithium Corp. announced some of the metrics around its proposed Kindersley Lithium Project (KLP) coming from its preliminary economic assessment (PEA). And if those numbers hold, this one, singular lithium project could be seeing revenue to the tune of more than a third of a billion dollars per year. And if successful and prices hold, that could result in payout in less than a year and half once operations commence.
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