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Governors' Wind Energy Coalition

June 6, 2016

Odds against Congress approving any spending bills

George Cahlink, E&E reporter  •    •  Posted 2016-06-06 06:21:20

Congressional leaders will continue their push this week to pass individual fiscal 2017 spending bills. But partisan election-year politics, a limited legislative calendar and other factors make it a long shot that many of those bills will make it to the president’s desk. There are a host of reasons for lawmakers to start planning now for a catchall, year-end omnibus spending package. Otherwise, keeping the government open will require a continuing resolution, leaving agencies stuck with current spending levels until next year. House Speaker Paul Ryan (R-Wis.) insists the surprise defeat of the House energy and water spending bill, H.R. 5055, on the floor two weeks ago is not a sign the appropriations process has gone off the rails. [ read more … ]

Pathway uncertain for first conference in a decade

Geof Koss, E&E reporter  •    •  Posted 2016-06-06 06:21:41

Congress is close to having the first energy bill conference in more than a decade, but when or whether the Senate will join the House in formally launching negotiations remains up in the air. Before leaving for the Memorial Day recess, House leaders named conferees to reconcile the chamber’s revised energy bill with the Senate’s own package, S. 2012. [ read more … ]

New York Has a Plan to Make Long Island Offshore Wind Cheaper

By Joe Ryan, Bloomberg  •    •  Posted 2016-06-06 04:22:27

New York State is mounting a broad effort to reduce the cost of building a wind farm off the coast of Long Island, an ambitious push to generate clean power in U.S. waters. The state’s Energy Research and Development Authority plans to bid for a federal lease to develop a 81,000-acre (127-square-mile) site in the Atlantic Ocean. If it wins, New York would undertake initial site studies and pursue an agreement to sell the electricity. The state would then hold an auction of its own, selling development rights to the highest bidder. [ read more … ]

America Is Hitting the Road Again

By CLIFFORD KRAUSS, New York Times  •    •  Posted 2016-06-06 04:22:51

The great American road trip is back. It’s partly that gasoline this driving season is cheaper than it has been in 11 years, according to the AAA motor club, and that the reviving economy is making people more willing to part with their money. But there is more than that at play here. This may be a cultural shift, as Americans experiment with the notion that maybe money can, in fact, buy happiness, at least in the form of adventures and memories. [ read more … ]

Can States Expand Renewable Portfolio Standards to Include All Low-Carbon Technologies?

By Jessica Lovering, Greenwich Media  •    •  Posted 2016-06-06 04:23:35

Looking at the big picture, moving to LCPSs could provide real, significant benefits to the United States. Just adding existing nuclear capacity to RPSs in the states that have both an RPS and existing nuclear would more than double the statutory requirements for clean energy in this country, from 420 terawatt-hours annually by 2030 to 940 terawatt-hours. Assuring this additional power comes from low-carbon sources would prevent 320 million tons of carbon dioxide emissions — 17 percent lower than would otherwise be the case. [ read more … ]

NextEra’s Pursuit of $2.6 Billion Hawaii Deal Goes Past Deadline

By Mark Chediak, Bloomberg  •    •  Posted 2016-06-06 04:24:06

NextEra Energy Inc. and Hawaiian Electric Industries Inc. haven’t terminated their $2.6 billion merger agreement after the island state missed a deadline for deciding whether to approve the transaction. The accord for NextEra to take over Hawaiian Electric requires action by one of the parties to end it and didn’t automatically lapse on their June 3 target date, the companies said in a statement Saturday. Hawaii Public Utilities Commission Chair Randy Iwase said Friday that he hoped the three-member panel would issue a ruling on the deal this month. [ read more … ]

Interior to develop project off N.Y. coast

  •    •  Posted 2016-06-03 04:29:26

The Obama administration is proposing to lease more than 81,000 acres off the New York coast for an offshore wind energy project. Interior Secretary Sally Jewell announced the proposal today, calling it a milestone in the administration’s effort to increase renewable energy development on public lands and in federal waters. The agency plans to conduct the lease sale by the end of the year. “This is another major step in broadening our nation’s energy portfolio, harnessing power near population centers on the East Coast,” she said. “Offshore wind power marks a new frontier in renewable energy development, creating the path for sustainable electricity generation, job creation and strengthening our nation’s economic competitiveness.” [ read more … ]

Investors Bet Coal Has a Future as Backup to Renewable Energy

By Mathew Carr, Rachel Morison, Bloomberg  •    •  Posted 2016-06-06 04:21:13

Two investors are betting they can make a profit from coal by burning hardly any of it. Daniel Kretinsky, 40, and Patrik Tkac, 43, are trying to capitalize on Europe’s rapid expansion into renewables by embracing the fuel, a mainstay of European energy before efforts to curb global warming, in its new role as a backup for when the wind dies down and the sun fails to shine. [ read more … ]

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