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Belgian Firm Joins U.S. Offshore Transmission Line Project

A proposed transmission backbone that would send offshore wind energy to major metropolitan areas from New Jersey to Virginia has received a boost with the addition of Elia, a Belgian-based transmission system operator.

Elia joins Google, Marubeni, Good Energies and Atlantic Grid Development in the project, which is expected to be as long as 350 miles and will cost an estimated $5.5 billion. The Atlantic Wind Connection project is the first high-voltage direct current offshore line to be developed in the U.S., and will enable an integration of up to 7 GW of offshore wind.

Off the coasts of New Jersey, Delaware, Maryland and Virginia, the backbone will have interconnections with the existing land-based transmission system, enabling the transmission of up to 2 GW between its onshore terminals and reinforcing the existing onshore grid in the Mid-Atlantic.

According to a press release posted on the Elia website, the company acquired from AGD a strategic 10 percent minority participation in the first segment and a 5 percent minority participation in the four other segments of the AWC project. The Elia Group is the fourth largest transmission system operator in Europe and operates the electricity transmission system in Belgium and the electricity transmission system in the northern and eastern part of Germany through its daughter company 50Hertz Transmission.


Rooftop Solar Panels

Hypocrisy? While Buffett Champions Renewables, His Company Fights Rooftop Solar

Mark Chediak, Noah Buhayar and Margaret Newkirk, Bloomberg Warren Buffett highlights how his Berkshire Hathaway Inc. utilities make massive investments in renewable energy. Meanwhile, in Nevada, the company is fighting a plan that would encourage more residents to use green power.
Renewable Energy Finance

Clean Energy ETFs Are on a Tear

Eric Balchunas, Bloomberg Green investing used to be synonymous with losing money. But while the S&P 500 Index is up 2 percent this year, and the MSCI All-Country World Index is up 5 percent, clean energy ETFs have double-digit re...

Wheels, Towers and Trees: Unconventional Renewable Energy Technologies in the Pipeline

Andrew Williams, International Correspondent A number of companies around the world are developing novel technologies in an effort to grab a slice of the global renewable energy market.  Although many of these technologies are simple incremental improvements to e...
UK Parliament Clean Energy Leaders

UK Government Names Clean Energy Cabinet Members

David Appleyard, Contributing Editor With the UK general election now over and a majority Conservative Party government in place, the re-elected Prime Minister David Cameron has now named key members of the government charged with steering the UK’s clean energ...
Renewable Energy World's network editors help deliver the most comprehensive news coverage of the renewable energy industries. Based in the U.S. and the UK, the team is comprised of editors from Pennwell Corporation's myriad of publications that ...


Volume 18, Issue 3


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