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Governors' Wind Energy Coalition

July 10, 2012

Obama speech offers glimmer of hope for pre-election PTC vote

Nick Juliano, E&E reporter  •    •  Posted 2012-07-10 12:22:43

The door to a pre-November vote on a key wind energy tax credit was thought to have been shut tight by election-year bickering, but President Obama may have reopened it yesterday — if only just a bit, according to a prominent energy analyst. Obama strode into the East Room at midday to intensify the battle around the thornier question of how to address individual income tax rates that are scheduled to rise at the end of this year. The president wants rates for taxpayers earning more than $250,000 to return to 1990s levels and wants to preserve the current rates for everyone else; Republicans are seeking an across-the-board extension of the existing rates, which were established during the George W. Bush administration. [ read more … ]

Land-based wind farms expand in Northeast

E&E  •    •  Posted 2012-07-10 12:23:04

Technological developments that cut the cost of wind turbines while boosting efficiency are driving up the competitiveness of land-based wind power and expanding wind farms across the Northeast, despite ongoing controversy over offshore farms. The cost of electricity, particularly in the Northeast, can be as much as 60 percent higher than the national average. [ read more … ]

U.K. government approves huge offshore wind farms

E&E  •    •  Posted 2012-07-10 12:23:29

The British government has approved the construction of two large offshore wind farms off the coast of Norfolk, at a combined cost of nearly $5 billion. The 580-megawatt Race Bank project will be developed by British utility Centrica, and developer Warwick Energy proposed the 560 MW Dudgeon project. [ read more … ]

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