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Governors' Wind Energy Coalition

January 5, 2017

China to plow $360 billion into renewable fuel by 2020

By Meng Meng, Reuters  •    •  Posted 2017-01-05 06:15:07

China will plow 2.5 trillion yuan ($361 billion) into renewable power generation by 2020, the country’s energy agency said on Thursday, as the world’s largest energy market continues to shift away from dirty coal power towards cleaner fuels. The investment will create over 13 million jobs in the sector, the National Energy Administration (NEA) said in a blueprint document that lays out its plan to develop the nation’s energy sector during the five-year 2016 to 2020 period [ read more … ]

Clean Line withdraws in Iowa pending Illinois court decision

By Ed Tibetts, Iowa Farmer Today  •    •  Posted 2017-01-05 06:14:41

Clean Line officials said Dec. 22 the timing of the Illinois court case and a schedule set out by the Iowa Utilities Board led the company to the withdrawal. “Under the IUB’s timeline, we would have been required in January to identify specific parcels for eminent domain application in several counties, and we did not wish to do that at this point,” Clean Line Energy Vice President Hans Detweiler said in an email. “We prefer to get resolution of the Illinois approval first, and then revisit the Iowa process.” [ read more … ]

Electricity Prices in the U.S. Are Capping Their Worst Year Ever

By Naureen Malik, Bloomberg  •    •  Posted 2017-01-05 06:13:12

Electricity prices from Boston to Dallas sank to their lowest levels ever in 2016, presenting new challenges for generators more than a decade after the industry was deregulated. Power prices plunged this year as cheap natural gas cut fuel costs, and wind and solar alternatives came online. Consumers also used less electricity for the second straight year, despite a summer heat wave, amid an industrial slowdown and growing awareness among households and businesses of ways to boost energy efficiency, according to government estimates. [ read more … ]

Video: Here’s Why Solar Energy May Beat Out Coal in a Decade

By Chris Martin, Bloomberg  •    •  Posted 2017-01-05 06:14:10

Bloomberg’s Chris Martin reports on the declining cost in producing solar energy and his outlook for the coal industry. He speaks on “Bloomberg Technology.” [ read more … ]

Block Island eyes January repair

By Renewable Energy News  •    •  Posted 2017-01-05 06:15:38

Deepwater Wind expects technicians will start repairs in about a week on a damaged GE turbine at the 30MW Block Island offshore wind farm in Rhode Island. “While we are waiting for the repair work to begin in early January, we are now operating the turbine and expect to do so until the repairs start.” [ read more … ]

Renewable Energy – A Major Economic Engine for Rural America

By 25×25  •    •  Posted 2017-01-05 06:13:36

Given the rather bleak economic forecasts coming out of USDA, it is important for policy makers to understand that any effort to scale back or thwart the continued growth of renewable energy production will only exacerbate these conditions and economically disadvantage a segment of the electorate that helped shape the outcome of the 2016 presidential election. [ read more … ]

License issued for $1B Montana power storage project

By MATTHEW BROWN, Associated Press  •    •  Posted 2017-01-05 06:12:35

The 50-year license from the Federal Energy Regulatory Commission allows Absaroka Energy, of Bozeman, Montana, to construct and operate the project on a 177-acre site near the tiny town of Martinsdale, home to fewer than 100 people. The facility called the Gordon Butte Pumped Storage Project would use excess power produced by wind farms or other sources to pump water uphill to a 3,000-foot long reservoir, according to the license [ read more … ]

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