Iberdrola warns of “danger” for US naval sector

Renewable energy updates

The Spanish-owned wind farm industry is “dead in the water” if the Spanish-owned company jointly builds the country’s first major project and restricts the use of foreign materials and equipment by US officials.

Bill White, head of Avangrid Beach, part of Eberdrola, said strong environmental concerns could hamper the development of new wind farms currently based on European equipment.

Congress Democrats last week unveiled new green tax credits in a $ 3.5tn infrastructure package that is expected to cause significant turmoil in renewable energy, including offshore wind. But the law links some tax credits to job creation and steel use – operators can increase costs and reduce construction.

“We are dead in the water today if you lower your hammer and basically say, ‘You can’t build a beach wind project unless you use a US-made wind turbine,'” White said. Copenhagen Infrastructure Partners to Develop a Wind Farm Project near Massachusetts.

“We need to think carefully about the pressures that could unintentionally hinder the development of coastal winds,” White said.

With the emergence of a rich clean energy economy, he said, “the rising tide of supply to the United States is creating” millions of new jobs. ”

Vineyard growers are expected to receive financial support as soon as they receive the final government approval and begin construction within weeks. The project’s 62 turbines are said to generate 800 megawatts of power, enough to provide 400,000 homes.

Tax breaks have helped renew the energy industry in the United States over the past two decades. But even after the last or expiration of the credits, Congress had extension dates. The latest extension came at the end of the year and the Covi-19 package passed in December.

The proposals before the Democratic Leadership Congress now provide a 10-year extension to the tax credit needed to re-launch the same wind and solar program, giving developers a long-term plan.

However, in order to take full advantage of certain planned tax breaks, developers must meet certain requirements in terms of “working wages” and the hiring of coaches. In some cases, at least 55 percent of the materials used must be sourced locally.

Seven wind turbines have been installed in American waters so far. A.D. The United States does not have the supply network needed to meet Bayern’s 30,000 megawatts of wind power by 2030, with developers relying on producers in Europe’s mature offshore wind farm.

“This is the only way for the first few projects,” said Jamie McDonald, director of operations at Exx Group. When people realize that these projects are coming to an end. . . It stimulates it to accelerate. ”

Some manufacturing facilities are under construction in the Northeast of the United States, and the first US Coastal Wind Turbine is under construction in Texas.

But these are too late for Winder’s wind. The project’s turbines will be built by GE in France.

The United States Department of Energy recently announced that the first Atlantic coastal projects in the Coastal Wind Market report “rely heavily on major supply chains, cargo ships and engineering design in international supply chains.”

He said the White House had cut costs and exceeded expectations and that the domestic supply chain would eventually flourish. But the industry needed time to develop.

“We hear Congress and states loud and clear. But give us a window to show you that we are driving this locality to the United States. ” I think the Soviet Central Plan never worked.

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