It is that simple, yet not simple Between 2006 and 2009, Texas installed roughly 7 GW of wind capacity, nearly all in West Texas, where it is windy. But since there is virtually no load in the area, nearly all generated power had to be transmitted to major load centers in the South and East… Keep reading →
PTC
The More Renewables You Have The More Transmission You’ll Need
By EEnergy InformerSign up and get Breaking Energy news in your inbox.
We will never sell or share your information without your consent. See our privacy policy.IEA: Renewables Growing But Not Fast Enough
By EEnergy InformerDespite impressive gains, policy uncertainties prevail First, the good news: Global investments in new clean-energy capacity will total $1.61 trillion through 2020 according to the International Energy Agency’s (IEA) latest annual renewable report. The Paris-based agency predicts annual investment in wind, solar and biomass to average $230 billion. This will boost renewables’ contribution to about… Keep reading →
It’s not hard to find stories of fervent wind-energy opposition, despite public opinion polls that show widespread support. From Maryland to Scotland to Vermont to Ontario, proposed projects face claims that the giant turbines are bad for human health, slice and dice birds, explode bats, ruin views, torpedo property values, leak toxic fluids, are about… Keep reading →
Former Treasury Secretary Hank Paulson’s endorsement last week has put the carbon tax in the spotlight. But don’t be fooled: even with increased visibility and the wide endorsement of economists – and with a proposal or two floating around on Capitol Hill – turning U.S. energy policy in a cleaner, more climate-friendly direction continues to… Keep reading →
Renewables off to Slow Start in 2014, US Data Shows
By Pete DankoThe monthly Energy Infrastructure Update from the U.S. Federal Energy Regulatory Commission has become a favorite of renewable energy advocates the past few years, often showing a large proportion – and sometimes virtually all – of new electrical generation capacity coming from renewables. There wasn’t much to crow about in April, however, and one-third of… Keep reading →
Long known for its boom or bust tendencies, the U.S. wind energy industry outdid itself in 2013. Capacity additions fell off a cliff, dropping more than 90 percent from 2012 and hitting their lowest level in a decade – but by the end of the year, new projects were under construction at a record-breaking clip.… Keep reading →
Opinion: How Much will Senator Grassley’s Plan to Extend Wind PTC Add to the National Debt?
By Glenn R. SchleedeHow much will Senator Grassley’s plan to extend the Wind Production Tax Credit (PTC) add to the national debt we are passing along to our children and grandchildren? On Thursday, April 3, 2014, the U.S. Senate Finance Committee is expected to consider and report out to the full Senate a bill that would extend various… Keep reading →
House and Senate Members Seek Wind PTC Extension
By Energy Solutions ForumA bipartisan coalition of 144 House and Senate members have written to the House Speaker and Senate Finance Committee urging extension of the wind energy production tax credit. On March 21, 2014, a group of 118 House members led by Reps. Steve King (R-IA) and Dave Loebsack (D-IA) wrote to House Speaker John Boehner (R-OH)… Keep reading →
Renewable Energy Financing Scramble in Shadow of Baucus Tax Proposal
By Peter GardettAs Beltway types rush to make their opinions known on Senator Max Baucus’ energy tax revision proposals before a response deadline at the end of this month, financiers are scrambling to get deals together that can support renewable energy projects already underway. Tax policy has been a major component of energy policy in the US… Keep reading →
Renewable energy businesses – primarily wind and solar power – in the US are moving from adolescence to maturity. The US solar industry experienced a transformative 2013, with the proliferation of physical assets, installed capacity and new finance mechanisms, while the wind industry raced to begin projects by end-2013 in order to receive production tax… Keep reading →