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Governors' Wind Energy Coalition

February 22, 2017

California Senate leader puts 100% renewable energy on the table in new legislation

By Chris Megerian, Los Angeles Times  •    •  Posted 2017-02-22 06:41:57

It wasn’t just talk — Senate leader Kevin de León (D-Los Angeles) is proposing legislation that would require California to generate all of its electricity from renewable sources. The measure, SB 584, was introduced without fanfare before last week’s deadline for new proposals in the Capitol. If approved, 100% of the state’s electricity would need to come from clean sources such as solar and wind by 2045. De León first suggested the idea in a conversation with The Times last month. [ read more … ]

California Bill Aims for 100 Percent Renewable Energy by 2045

BY NICHOLAS KUSNETZ, Inside Climate News  •    •  Posted 2017-02-22 06:42:13

In January, lawmakers in Massachusetts filed legislation that would go even further, requiring fossil fuel-free electricity by 2035, and asking the same from other sectors, including transportation and heating, by 2050. Last week, a Nevada lawmaker introduced a bill that would update that state’s portfolio standard to require 80 percent renewables by 2040. The current standard calls for 25 percent by 2025. Of the 29 states with renewable portfolio standards, only Hawaii has set a target for reaching 100 percent, according to the National Conference of State Legislatures. Hawaii’s deadline is 2045. [ read more … ]

The Age of the Giant Battery Is Almost Upon Us

By Joe Ryan and Brian Eckhouse, Bloomberg  •    •  Posted 2017-02-22 06:42:43

Battery costs have declined 40 percent since 2014 and regulators are mandating storage technology be added to the grid. That’s encouraging utilities to offer longer contracts and developers are expected build $2.5 billion in systems globally this year. These trends are changing the risk profile, giving lenders confidence in batteries in much the same way that power-purchase agreements opened banks’ doors years ago for wind and solar power. [ read more … ]

Ind. Senate committee approves bill to kill net metering in 2022

Jeffrey Tomich, E&E News reporter  •    •  Posted 2017-02-22 06:43:05

A week after a lengthy and contentious hearing, the Indiana Senate Utilities Committee yesterday passed a controversial bill that would end net metering in the state in five years. Members voted 8-2, mostly along party lines, to approve an amended version of S.B. 309. The bill would change how customer-generators are compensated for excess energy they produce, replacing net metering with a system that credits utility customers at a rate 25 percent greater than the utility’s wholesale energy cost. [ read more … ]

BP Weighing Upgrade of U.S. Wind Turbines to Compete With Gas

By Jennifer A. Dlouhy and Joe Ryan, Bloomberg  •    •  Posted 2017-02-22 06:43:26

Congress’ renewal of the production tax credit in 2015 gave wind farm developers a powerful incentive to retrofit turbines, said Alex Morgan, a New York-based analyst for Bloomberg New Energy Finance. Thousands of turbines totaling 9,700 megawatts across the U.S. are between 10 and 20 years old, making them a prime target for upgrades, she said. BP made an investment at the end of last year that gives the company the option to buy replacement equipment for about 200 wind turbines and still qualify for the full production tax credit, worth 2.3 cents per kilowatt hour of electricity over the next 10 years. [ read more … ]

Top energy aides get to work

Robin Bravender, E&E News reporter  •    •  Posted 2017-02-22 06:43:46

Mike Catanzaro, a former lobbyist at CGCN Group, started work today as special assistant to the president for energy and environmental policy in the White House National Economic Council, according to White House spokeswoman Kelly Love. George David Banks, formerly executive vice president at the nonprofit policy group American Council for Capital Formation, started Feb. 16 as special assistant to the president and senior director for international energy and environment, Love said. [ read more … ]

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