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U.S. to simplify offshore wind regulations to meet climate goals

(Reuters) - The U.S. Department of the Interior will reform its regulations for the development of wind energy facilities on the country's outer continental shelf to help meet...
U.S. to simplify offshore wind regulations to meet climate goals © Reuters. FILE PHOTO: A crane hangs over the first jacket support structure installed to support a turbine for a wind farm in the waters of the Atlantic Ocean off Block Island, Rhode Island July 27, 2015. REUTERS/Brian Snyder

(Reuters) - The U.S. Department of the Interior will reform its regulations for the development of wind energy facilities on the country's outer continental shelf to help meet crucial climate goals, it said in a statement on Thursday.

The proposed rule changes would save developers a projected $1 billion over a 20-year period by streamlining burdensome processes, clarifying ambiguous provisions, and lowering compliance costs, , the statement said.

"Updating these regulations will facilitate the safe and efficient development of offshore wind energy resources, provide certainty to developers and help ensure a fair return to the U.S. taxpayers," U.S. Interior Secretary Deb Haaland said in the release.

The reforms come days after the department named Elizabeth Klein, a lawyer who worked in the Obama and Clinton administrations, to head its Bureau of Ocean Energy Management (BOEM), overseeing offshore oil, gas and wind development.

As part of its offshore clean energy program, the BOEM has over the past two years approved the first two commercial scale offshore wind projects in the United States, held three lease auctions including the first-ever sale off the coast of California, and explored extending offshore wind to other areas like the Gulf of Mexico.

The department expects to hold as many as four more auctions and review at least 16 new commercial facilities by 2025, adding more than 22 gigawatts (GW) of renewable energy.

In September last year, President Joe Biden's administration set a goal of having 15 GW of floating offshore wind capacity by 2035 to accelerate development of next-generation floating wind farms in line with its target of permitting 30 GW of offshore wind by 2030.

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02-06-2023 09:42:29 (UTC+7)

EUR/USD

1.0766

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EUR/USD

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138.79

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9,167.50

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 EUR/USD1.0766Buy
 GBP/USD1.2537Neutral
 USD/JPY138.79↑ Sell
 AUD/USD0.6602Neutral
 USD/CAD1.3438↑ Sell
 EUR/JPY149.42↑ Sell
 EUR/CHF0.9742Buy
 Gold1,996.40↑ Buy
 Silver24.038↑ Buy
 Copper3.7185↑ Buy
 Crude Oil WTI70.35↑ Buy
 Brent Oil74.56↑ Buy
 Natural Gas2.169↑ Buy
 US Coffee C183.95Sell
 Euro Stoxx 504,257.61Neutral
 S&P 5004,221.02↑ Buy
 DAX15,853.66↑ Buy
 FTSE 1007,490.27↑ Sell
 Hang Seng18,782.00↑ Buy
 Small Cap 20001,767.94↑ Buy
 IBEX 359,167.50Sell
 BASF44.850↑ Buy
 Bayer51.90↑ Buy
 Allianz204.20↑ Buy
 Adidas150.74↑ Buy
 Lufthansa9.157↑ Sell
 Siemens AG156.68Neutral
 Deutsche Bank AG9.578Neutral
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Cập nhật 02-06-2023 09:42:31
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Cập nhật lúc 09:35:34 02/06/2023
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