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Governors' Wind Energy Coalition

May 26, 2016

House set to pass energy-water bill with riders intact

George Cahlink and Geof Koss, E&E reporters  •    •  Posted 2016-05-26 06:50:50

The House is on track to pass a $37.4 billion fiscal 2017 energy and water spending bill today, after adding contentious riders aimed at limiting the U.S.-Iran nuclear deal and addressing rights for LGBT individuals. [ read more … ]

Energy bill conference talks get off to bumpy start

Geof Koss, E&E reporter  •    •  Posted 2016-05-26 06:51:11

Earlier yesterday, Senate Energy and Natural Resources ranking member Maria Cantwell (D-Wash.) signaled she’s not ready to support going to conference. “I’m not going to conference on this as is without some discussion,” she told E&E Daily, citing the multiple veto threats against various House-passed bills that were folded into the bill last weekend [ read more … ]

‘Wind is winning,’ but leaders remain watchful

Daniel Cusick, E&E reporter  •    •  Posted 2016-05-26 06:51:41

Riding high on last year’s congressional extension of the production tax credit, the U.S. wind energy sector must now focus on reducing costs to remain competitive with other fuels like natural gas and solar, industry leaders told a national meeting of wind power officials gathered here this week. In an address marking its achievements but also cautioning against complacency, Chris Brown, the president of Vestas Americas and incoming board chairman of the American Wind Energy Association, challenged his colleagues to “bend the arc of human history” by making wind energy the “obvious choice” to meet rising U.S. electricity demand after 2020. [ read more … ]

Where Free Wind Meets Cheap Gas in U.S., Power Dynamics Changing

By Mark Chediak, Bloomberg  •    •  Posted 2016-05-26 06:52:07

The power industry upheaval is playing out in more than a dozen states that deregulated their electricity markets, opening their borders to competition, over the past two decades. In those locations, owners of aging generators are particularly vulnerable as the average wholesale power price has dropped by about half since 2008. In response, electricity providers in places like Ohio and New York are asking for millions of dollars to keep their units running. [ read more … ]

Why Lease When You Can Own? Rooftop Solar Facing Tough Question

By Chris Martin, Bloomberg  •    •  Posted 2016-05-26 06:53:03

It’s tough to argue with free. That’s why the no-money-down solar lease became the most popular choice for U.S. rooftop power. Now, though, the equation is changing. Falling costs are making it easier for consumers to buy solar systems outright, and banks and solar installers are promoting loans with no upfront payments. That’s a threat to companies such as SolarCity Corp., Sunrun Inc. and Vivint Solar Inc., which built their businesses on people signing decades-long contracts. [ read more … ]

Utility customers benefit from rooftop solar — studies

Christa Marshall, E&E reporter  •    •  Posted 2016-05-26 06:53:31

Two new studies make the case that rooftop solar can be a net benefit to ratepayers, despite concerns from some utilities that say it hurts their business model. The papers are the latest volleys in a raging fight about the economic impacts of rooftop solar and other distributed resources like energy efficiency.
[ read more … ]

Dong Energy May Be Valued at Up to $16 Billion in I.P.O.

By CHAD BRAY, New York Times  •    •  Posted 2016-05-26 06:53:53

Dong Energy, the Danish utility and the world’s largest offshore wind energy operator, said on Thursday that it could be valued at up to 106.5 billion Danish kroner, or about $16 billion, in its initial public offering in Copenhagen next month. The company unveiled plans this month to list its shares on Nasdaq in Copenhagen, after saying in September that it would pursue a public offering of shares after a review. [ read more … ]

Note: News clips provided do not necessarily reflect the views of coalition or its member governors.