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Governors' Wind Energy Coalition

October 11, 2016

U.S. Tax Credit Powers Wind-Farm Upgrades

By Rebecca Smith, Wall Street Journal  •    •  Posted 2016-10-11 04:43:01

Some wind producers, encouraged by turbine makers, are deciding to “repower” existing wind farms to tap the tax credits, including NextEra Energy Inc., which has 110 wind farms in 19 states and Canada. NextEra reaped $73 million in Production Tax Credit subsidies in the first six months of the year. Armando Pimentel, chief executive of NextEra Energy Resources, the company arm that develops renewable power, recently told investors that while retrofitting “certainly wasn’t something we were thinking about six months ago,” he believes it may now make sense for nearly a third of the company’s 13,000-megawatt wind portfolio. [ read more … ]

An energy first as UK successfully transmits data via national electricity grid

By Damian Carrington, The Guardian  •    •  Posted 2016-10-11 04:43:25

Data has been transmitted across a national electricity grid for the first time, in what could be a significant step towards the creation of virtual power stations, where many thousands of homes and businesses combine to manage electricity use more smartly. The new technology could lead to lower energy bills for consumers who allow small variations in the energy consumption of their appliances, such as water heaters or freezers. [ read more … ]

Wind Is the New Corn for Struggling Farmers

By Jennifer Oldham, Bloomberg  •    •  Posted 2016-10-11 04:45:26

Wind energy, the fastest-growing source of electricity in the U.S., is transforming low-income rural areas in ways not seen since the federal government gave land to homesteaders 150 years ago. As commodity prices threaten to reach decade lows and farmers struggle to meet debt payments, wind has become the newest cash crop, saving family farms across a wide swath of the heartland [ read more … ]

The Solar Energy Paradox: Why Solar Is Booming and Companies Are Going Out of Business

By Travis Hoium, The Motley Fool  •    •  Posted 2016-10-11 04:44:15

With solar panel prices down 20%-25% in the last few months, and the cost of financing rising for some developers, we’ll likely see more solar companies go out of business in the next two years. Whether or not that leads to a more sustainable industry or not — only time will tell. If it does, the upside will be tremendous for the winners. [ read more … ]

Is The Tide Turning On State-Level Solar Policy Fights?

By Jesse Grossman, Solar Industry  •    •  Posted 2016-10-11 04:44:40

Utilities continue filing requests to increase fixed charges, but reports show regulators have denied the majority of these requests. Compromise solar valuation regulatory decisions occurred in Arizona, Colorado and Nevada. Meanwhile, policymakers in New York, Oregon, and Rhode Island have taken progressive solar action, and voters overwhelmingly supported expanding solar access in Florida.
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Florida Ballot Breakdown: Amendment 1, Pro Or Against Solar Energy?

By David Sutta, CBS Miami  •    •  Posted 2016-10-11 04:44:59

This November we will be voting on a series of amendments. One of them involves solar power and whether utility companies can charge solar users special fees. On the surface the amendment appears to be pro-solar but as CBS4’s David Sutta discovered, that may not be the case.
[ read more … ]

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