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Germany braces as third grid-sabotage probe unfolds before key state election
world1 month ago

Germany braces as third grid-sabotage probe unfolds before key state election

Germany reports a third suspected sabotage attempt on a power grid near Düsseldorf ahead of the Saxony-Anhalt state election. Launch devices were found south of Dormagen and Bergheim incidents offline thousands of megawatts but caused no outages; RWE has increased security with grid operator Amprion as police investigate, including a letter claiming responsibility for the Bergheim and Dormagen events. German authorities say such ‘hybrid’ attacks are not a coincidence on the eve of the vote, where the AfD leads in polls, and note a prior August drone attack at Leipzig/Halle airport was blamed on Moscow as part of a broader intimidation campaign.

via sg.news.yahoo.com|
#afd#germany#grid-sabotage
Wind deal payout funds Trump donor’s LNG project, prompting ethics questions
politics1 month ago

Wind deal payout funds Trump donor’s LNG project, prompting ethics questions

Under a settlement that cancels offshore wind leases, German energy group RWE will receive about $1.2 billion in a fund, with roughly $900 million funneled into buying a stake in Woodside Energy’s Louisiana LNG project. The stake is being purchased from a private equity fund run by Michael Dorrell, a Trump donor and associate of Stonepeak, prompting lawmakers to scrutinize potential conflicts of interest even as White House officials say the deal was a corporate decision and not coordinated by the administration.

via Yahoo|
#louisiana-lng#offshore-wind#politics
From Wind to LNG: $900M Settlement Benefits a Trump Donor’s LNG Play
politics1 month ago

From Wind to LNG: $900M Settlement Benefits a Trump Donor’s LNG Play

The Trump administration wrapped a settlement with RWE to cancel offshore wind leases in New York, California, and Louisiana in exchange for $1.2 billion from a federal fund, with about $900 million earmarked for RWE to buy into a Louisiana LNG project via Stonepeak, the private equity firm co-founded by Trump donor Michael Dorrell. Democrats are widening probes over potential conflicts of interest, while White House officials say no department officials directed the deal choices. Critics argue the settlements waste taxpayer funds and do little to advance wind or LNG goals, instead shifting money to a donor’s business and reducing Stonepeak’s exposure.

via The Washington Post|
#louisiana-lng#offshore-wind#politics
politics1 month ago

California pursues court action over Trump offshore wind cuts

California issued an investigative subpoena to German energy firm RWE as part of a broader probe into the Trump administration’s efforts to cancel offshore wind projects, arguing the settlements divert funds and are unlawful and signaling it will take the matter to court; the state has previously subpoenaed Golden State Wind and Invenergy as it continues to challenge offshore wind cancellations that have already paused several California projects.

via politico.com|
#california#legal-action#offshore-wind
Trump Admin Redirects Billions From Offshore Wind To Fossil Fuels
politics2 months ago

Trump Admin Redirects Billions From Offshore Wind To Fossil Fuels

The Trump administration has reached a $1.22 billion settlement with German energy firm RWE to cancel offshore wind leases near New York, California, and Louisiana, diverting funds to fossil-fuel projects including a 16% stake in an LNG venture and plans for natural gas plants. This marks the fifth deal of its kind, bringing total payouts to about $4 billion to kill green-energy projects and prompting criticism over taxpayer costs and environmental impact.

via Engadget|
#energy-policy#fossil-fuels#lng
Humboldt Bay Offshore Wind Pause Triggers Local Backlash as Feds Buy Back Leases
local2 months ago

Humboldt Bay Offshore Wind Pause Triggers Local Backlash as Feds Buy Back Leases

The Trump administration agreed to pay about $1.22 billion to buy back three offshore wind leases, including one off Humboldt Bay from German firm RWE, effectively halting the projects and drawing sharp criticism from Humboldt County officials who argue the move undermines clean energy, jobs, and local economic gains, while California and the state’s agencies continue pursuing renewable energy goals and related infrastructure funding.

via Lost Coast Outpost|
#humboldt-bay#lease-buyback#local
California Offshore Wind Faces Setback as RWE Walks Away in $1.22B Deal
climate-and-environment2 months ago

California Offshore Wind Faces Setback as RWE Walks Away in $1.22B Deal

German energy company RWE agreed to abandon offshore wind leases off New York, Louisiana and California’s Humboldt coast in a $1.22 billion deal with the Trump administration, the largest of five such buyouts totaling about $2.7 billion aimed at steering projects away from offshore wind toward fossil fuels; the deal jeopardizes California’s 2045 offshore wind goals, leaving only two West Coast leases, as RWE reallocates funds to an LNG terminal stake and natural gas turbine development, a move critics say undermines clean energy and jobs while California pursues its climate targets.

via Los Angeles Times|
#california#climate-and-environment#fossil-fuels
Trump admin pays $1.22B to drop offshore wind leases, steering funds to fossil fuels
politics2 months ago

Trump admin pays $1.22B to drop offshore wind leases, steering funds to fossil fuels

The Trump administration struck a $1.22 billion deal with German firm RWE to relinquish offshore wind leases off New York, California, and Louisiana and redirect resources toward fossil-fuel projects, including a $900 million LNG stake and a $300 million pipeline of gas peaker plants. Critics say the settlement is part of a pattern of payouts to kill renewables, wasting taxpayer money while expanding fossil fuel infrastructure, with total government spend on canceled offshore wind projects approaching $4 billion.

via The Guardian|
#fossil-fuels#offshore-wind#politics
"US Gulf of Mexico Sets Sail for Offshore Wind Revolution"
energy3 years ago

"US Gulf of Mexico Sets Sail for Offshore Wind Revolution"

The first-ever auction of offshore wind development rights in the Gulf of Mexico resulted in a single winning bid of $5.6 million by Germany's RWE. The other two lease areas off Texas received no bids. The Gulf's lower wind speeds, soft soils, and hurricanes pose challenges to the industry, and the region's low power prices make it harder for offshore wind generation to compete. Despite the limited interest, the Biden administration sees the auction as a milestone in its clean energy agenda. The winning lease has the potential to power around 435,400 homes and create jobs.

via Reuters|
#biden-administration#clean-energy#energy