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Governors' Wind Energy Coalition

August 9, 2017

Energy Suppliers Find Fresh Lift From Offshore Wind

By Erin Ailworth, Wall Street Journal  •    •  Posted 2017-08-09 06:41:17

For energy-services companies, finding new revenue streams is crucial as oil and gas from onshore shale formations flood the market—and many suppliers are seeking to diversify into offshore wind. For more than three decades, Gulf Island Fabrication Inc. has built foundations to anchor offshore-oil platforms to the ocean floor. Now, as lower oil prices take a bite out of that business, it is trying to turn that expertise into an edge in a new business: offshore wind. [ read more … ]

Editorial: N.J. needs to get on the wind energy bandwagon

By Editorial Board, Times of Trenton  •    •  Posted 2017-08-09 06:42:59

It may take an act of Congress to move the Garden State toward embracing the benefits of offshore wind energy, but we’ll take our progress any way we can get it. In a bipartisan effort, Sen. Tom Carper (D-Del.) and Sen. Susan Collins (R-Maine) have introduced a bill to extend tax credits for developers investing in offshore wind projects in coastal waters – including our own Atlantic shoreline.Although the Carper-Collins bill is no slam-dunk, proponents can take heart that the end of the Christie era might well signal refreshing new thinking, including renewed enthusiasm for wind-powered electricity. [ read more … ]

U.S. Warns of ‘Uncertain’ Future for Wind Amid Tax Credit Debate

By Patrick Martin, Bloomberg  •    •  Posted 2017-08-09 06:42:04

America’s booming wind energy sector faces questions over its long-term growth prospects as federal incentives are scaled back amid weak natural gas prices and modest electricity demand, according to the Department of Energy. The U.S. wind industry added more than 8,200 megawatts of capacity in 2016, representing 27 percent of all energy additions, reports released by the department on Tuesday show. In 2016, wind supplied about 6 percent of U.S. electricity, with Texas, Iowa, Oklahoma and California leading the way among individual states. [ read more … ]

DOE study shows rapid growth, but trouble looms

Christa Marshall, E&E News reporter  •    •  Posted 2017-08-09 06:41:43

Wind energy surged to provide 6 percent of U.S. electricity last year, but long-term growth is “uncertain” because of tax policy and natural gas prices, according to three reports released today by the Department of Energy. The sweeping reports from three national labs assess the status through 2016 of U.S. utility-scale wind, offshore wind and distributed wind. Helped by the production tax credit and declining costs, wind added more than 8,000 megawatts of new capacity last year, or about 27 percent of electricity additions. Only solar and natural gas added more power.
[ read more … ]

Wind power growing in Minnesota, and around U.S.

By Mark Steil, Minnesota Public Radio  •    •  Posted 2017-08-09 06:42:36

The U.S. Department of Energy found a growth spurt in the wind power industry last year, both in Minnesota and nationally. New data from the U.S. Energy Department shows Minnesota wind energy capacity increased about 9 percent last year. Minnesota added enough new wind energy last year to power about 150,000 homes. [ read more … ]

Op-Ed: The red state with an energy blueprint

By Kim Reynolds, The Hill  •    •  Posted 2017-08-09 06:43:17

I visited the White House late last month to present Iowa’s renewable energy successes and share the importance of energy innovation with President Trump. Right now, the reliability of the electric grid with renewable energy increases is under review. But I believe Iowa is a red state with a blueprint for the United States’ next steps. Iowa didn’t become an energy powerhouse by accident. Back in the 1980s, we enacted the nation’s first law incentivizing utilities that bought more renewable power.
[ read more … ]

India’s Wild Energy Trends Raise Doubts Over Coal’s Future

By Katy Daigle, Associated Press  •    •  Posted 2017-08-09 06:43:47

In the last two years, coal consumption has slowed to its lowest level in two decades, even with the economy growing at a steamy 7 percent annual pace. Thermal power plants have been running below full capacity for years and as of June were operating at only 57 percent of total capacity, the lowest level ever. But thanks to plunging costs for solar and wind energy, and high enthusiasm for hydropower, renewable energy generating capacity is expanding by 20 GW a year, toward a goal of 175 GW by 2022. Buckley calculates that could cut annual growth in coal demand further down to as little as 2.5 percent. [ read more … ]

D.C. Circuit suspends litigation on climate policy — again

Amanda Reilly, E&E News reporter  •    •  Posted 2017-08-09 06:44:07

A federal court granted an additional suspension of litigation over President Obama’s signature climate change policy. The U.S. Court of Appeals for the District of Columbia Circuit issued an order holding the litigation in abeyance for 60 days. The court directed U.S. EPA to file status reports every 30 days [ read more … ]

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