Monday, May 25, 2026

Federal land for wind and solar energy may soon become cheaper


According to a Reuters report on Tuesday, in response to climate change, the Biden government plans to announce that it will reduce the cost of obtaining federal land for solar and wind energy companies.

The clean power industry believes that lease rates and fees are too high.

The federal land policy for reviewing renewable energy products is Biden’s plan To deal with climate change, get rid of fossil fuels, and reduce carbon emissions by half by 2035. Biden also plans to achieve 100% clean energy and net zero emissions by 2050.

The government plans to make historic investments in clean energy, climate research and innovation by stimulating the rapid development of clean energy across the country.

Jania ScottThe senior adviser to the Assistant Secretary of Lands and Minerals at the Ministry of the Interior admitted that “renewal is needed.”

The Bureau of Land Management announced the initiation of procedures to amend regulations related to renewable energy permits and public land access rights. They will seek the opinions of the Native American tribes regarding the processing time of applications for the right of passage for wind and solar energy and the rental lease schedule and costs for environmental justice considerations.

During the Obama administration, the rent for large-scale solar projects was $971 per acre per year, and the power per megawatt was $2,000, while wind turbines paid $3,800. For oil and gas, you only need to pay $1.50 to $2 per acre in rent. Drilling fee It is usually around 12.5% ​​on public land.

Gene Grace, the general counsel of the American Clean Energy Association, said that until these heavy costs are resolved, the United States will not be able to use its potential to deploy local clean energy products on public land, which will have a significant impact on employment and economic development. have negative impacts. Will follow.





Source link

Related articles

Unlock Unlimited Whitening: A New Era Beyond Limitation Zoom Dental

Teeth whitening is one of the most sought-after dental...

Anthropic AI Stock Gains Momentum with Investors

With Anthropic AI capturing attention without a public symbol, what hidden opportunities lie for those eager to invest before the IPO?

AI Advancements 2025: Exciting Future Predictions

As AI advancements in 2025 promise breakthroughs like enhanced capabilities and memory optimization, experts wonder: Are we truly prepared for what's next?

BitPay Stocks: Understanding Private Investment Dynamics

Curious about BitPay stocks? Here's what you need to know before you consider this intriguing investment opportunity, but what's next?

AI Tools for Forecasting: Boosting Prediction Success

Exploring AI tools for forecasting unveils a realm of accuracy and industry-specific applications. But which tool holds the key to...?
spot_imgspot_img