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Governors' Wind Energy Coalition

June 15, 2016

Key lawmakers promise to keep talking on bill conference

Geof Koss, E&E reporter  •    •  Posted 2016-06-15 06:44:21

Top House and Senate lawmakers huddled behind closed doors yesterday evening to discuss how a formal conference committee might reconcile the chambers’ competing energy reform packages. Even though they didn’t say much afterward, the meeting went well enough for them to promise more talks.
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Construction Of Largest U.S. Wind Farm Is On Hold

By LEIGH PATERSON, INSIDE ENERGY  •    •  Posted 2016-06-15 04:22:01

The company behind the largest proposed wind farm in the country, in Carbon County, says that uncertainty around Wyoming’s wind tax policy is making it more difficult to invest in wind. Wyoming is the only state in the country that taxes wind energy production and is considering raising that tax, a move which could ultimately deter future wind projects. [ read more … ]

Solar, wind costs could fall up to 59 percent by 2025, study says

By Nina Chestney;, Reuters  •    •  Posted 2016-06-15 04:22:33

The average cost of electricity generated by solar and wind energy could fall by up to 59 percent by 2025 if the right policies are in place, a report by the International Renewable Energy Agency (IRENA) said on Wednesday. Since 2009, solar photovoltaic (PV) module prices have fallen by 80 percent and wind turbine prices have fallen by around 30-40 percent as renewable energy capacity has grown to record levels and technologies have improved. [ read more … ]

Forecast projects $7.8T market growth by 2040

Christa Marshall, E&E reporter  •    •  Posted 2016-06-15 04:23:03

Persistent low oil and gas prices will not block ballooning growth in renewables, batteries and energy storage in the next two decades, according to a new forecast from Bloomberg New Energy Finance. The research group’s annual New Energy Outlook for the 2016-40 period slashes forecasts for coal and gas prices from last year by at least 30 percent because of an ongoing supply glut. Even so, declining costs in generation for wind and solar through 2040 could make those two technologies the cheapest way to produce electricity “in many countries during the 2020s and in most of the world in the 2030s,” the group said. [ read more … ]

GAO finds other countries prepare for climate change better than U.S.

Jean Chemnick, E&E reporter  •    •  Posted 2016-06-15 04:23:30

The United States can learn from other countries’ efforts to shore up defenses against climate change and limit disaster response costs, according to a new report by the Government Accountability Office. The report released yesterday looked at steps taken to adapt to climate change by five foreign governments: the European Union, Mexico, the Netherlands, the Philippines and the United Kingdom. [ read more … ]

Batteries Storing Power Seen as Big as Rooftop Solar in 12 Years

By Anna Hirtenstein, Bloomberg  •    •  Posted 2016-06-15 04:24:25

atteries capable of storing power at utility scale will be as widespread in 12 years as rooftop solar panels are now, revolutionizing the way consumers use energy. That’s the the conclusion of Bloomberg New Energy Finance, which forecasts the battery market may be valued at $250 billion or more by 2040. It expects 25 gigawatts of the devices to be deployed by 2028, about the size of the small-scale photovoltaic industry now.
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America needs legislators to support America’s fastest growing job

By Auston Van Slyke, The Hill  •    •  Posted 2016-06-15 04:24:01

This American success story is in large part due to production-based federal policy supported by both Republicans and Democrats. It’s a great example of a bipartisan collaboration, and a legacy this Congress should be proud of. To keep this success story going, we need legislators to continue to support homegrown, well-paying jobs like these. [ read more … ]

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