On May 13, 2011, the Director for Cape Wind Communications announced that the Department of Energy (“DOE”) has placed the Cape Wind Project loan guarantee application “on hold.”
DOE News
President Obama Delivers Remarks on America’s Energy Security
By Troutman Pepper Locke on
Posted in Uncategorized
On March 30, 2011, President Barack Obama delivered remarks at Georgetown University on Energy Security, the United States’ dependence on foreign oil, the increase in natural gas production, a clean energy standard, and the use of nuclear power.
2012 Budget for DOE Remains a Contested Issue
By Troutman Pepper Locke on
Posted in Uncategorized
On February 14, 2011, President Barack Obama unveiled the Budget of the United States Government, Fiscal Year 2012 (the “2012 Budget”), which proposed a 12 percent increase in funding for the Department of Energy (“DOE”).
Department of Energy Inspector General Releases Report on FERC and Cyber Security
By Troutman Pepper Locke on
Posted in Uncategorized
On January 26, 2011, the Inspector General of the Department of Energy (“DOE IG”) released an audit report on the Federal Energy Regulatory Commission’s (“FERC” or the “Commission”) Monitoring of Power Grid Cyber Security” (the “Report”).
Administration Announces New Offshore Wind Plan
By Troutman Pepper Locke on
Posted in Uncategorized
On February 7, 2011, the Department of Energy (“DOE”) and Department of the Interior (“Interior”) announced a joint strategic plan entitled the National Offshore Wind Strategy: Creating an Offshore Wind Industry in the United States in order to accelerate the deployment of offshore wind and decrease cost.
Carbon Capture and Storage Roadmap Released by DOE/NETL
By Troutman Pepper Locke on
Posted in Uncategorized
On January 11, 2011, the Department of Energy’s (“DOE”) Existing Plant Program and Sequestration program at the National Energy Technology Laboratory (“NETL”) released their December 2010 Carbon Dioxide Capture (“CCS”) and Storage RD&D (research, development, and demonstration) Roadmap (the “roadmap”). The roadmap outlined the DOE’s efforts to advance CCS technology.
Renewable Energy is Gaining Larger Share of Domestic Energy Production
By Troutman Pepper Locke on
Posted in Uncategorized
According to the latest data released by the U.S. Energy Information Administration (“EIA”) Renewable Energy is becoming a larger part of domestic energy production in the United States. EIA publishes a Monthly Energy Review (the “Review”) which examines the latest figures regarding all sources of energy.
Constellation Energy Withdraws from DOE Loan Guarantee; Senator Bingaman Calls for Reform of DOE Loan Guarantee Program
By Troutman Pepper Locke on
Posted in Uncategorized
On October 9, 2010, Constellation Energy Group (“Constellation”) issued a press release regarding the status of their loan guarantee application in connection with their UniStar Nuclear Energy Calvert Cliffs 3 project. Constellation stated they wrote to the Department of Energy (“DOE”) and informed DOE that Constellation would not move forward due to “unworkable” proposed terms and conditions of the loan guarantee.
DOE Awards More than $37 Million in Marine and Hydrokinetic Energy Grants
By Troutman Pepper Locke on
Posted in Uncategorized
On September 9, 2010, the Department of Energy (“DOE”) announced more than $37 million in funding to 27 projects that will help develop marine and hydrokinetic (“MHK”) technologies. This is the largest grant ever given to MHK technologies which generate power from the ocean, rivers, and streams.
DOI and DOE Sign MOU on Offshore Renewable Energy Projects
By Troutman Pepper Locke on
Posted in Uncategorized
On January 29, 2010, the U.S. Department of Interior (“DOI”) and Department of Energy (“DOE”) announced that the agencies have entered into a Memorandum of Understanding (“MOU”) to collaborate in developing commercial-scale offshore renewable energy projects on the Outer Continental Shelf (“OCS”).