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Governors' Wind Energy Coalition

April 26, 2018

Top Stories

Hawaii Gov. Ige signs law mandating performance-based utility regulation

By Gavin Bade, Utility Dive  •    •  Posted 2018-04-26 04:47:02

Hawaii Gov. David Ige (D) on Tuesday signed a bill directing the Public Utilities Commission to implement performance-based regulation by 2020 that breaks the link between utility revenues and capital investments. SB 2939 directs the creation of a “new business model” for utilities, said State Rep. Chris Lee (D), by basing revenues on metrics like customer satisfaction, renewable energy integration and data sharing. The PUC opened a similar docket last week that will implement the law’s goals. [ read more … ]

Perry’s latest bid to save coal

By Kelsey Tamborrino, Politico  •    •  Posted 2018-04-26 04:48:12

So far, Energy Secretary Rick Perry has had no success in his effort to construct a safety net to keep alive coal-fired and nuclear power plants threatened with shutdowns – a mission that’s come straight from President Donald Trump. And Perry’s latest potential gambit to use the 1950 Defense Production Act in hopes of designating the plants as crucial for national security may not fare better than his previous efforts. [ read more … ]

Policy & Politics

Macron on Paris pact: ‘The U.S. will come back’

Hannah Northey, E&E News reporter  •    •  Posted 2018-04-26 04:49:08

French President Emmanuel Macron told a joint session of Congress today that the United States will eventually return to the Paris climate accord, a rebuke to President Trump’s position. “I’m sure one day, the United States will come back and join the Paris Agreement,” Macron said. “And I’m sure we can work together to fulfill with you the ambitions of the global compact on the environme [ read more … ]

NextEra’s portfolio horizon keeps getting longer

Kristi E. Swartz, E&E News reporter  •    •  Posted 2018-04-26 04:48:35

NextEra Energy Inc.’s renewable energy portfolio has grown to the point that executives said they are eyeing projects into the next decade. The company’s wholesale power unit continues to capitalize on the falling cost of wind and solar, combined with utilities closing uneconomical coal and nuclear plants nationwide. This is allowing NextEra Energy Resources to sign long-term contracts with a wide range of customers, including large investor-owned utilities, electric cooperatives and municipalities, executives said yesterday. [ read more … ]

New England line would have to take the scenic route

Saqib Rahim, E&E News reporter  •    •  Posted 2018-04-26 04:49:31

Massachusetts Gov. Charlie Baker’s (R) clean energy ambitions are approaching a new challenge: whitewater rapids in Maine. Plans are proceeding for the New England Clean Energy Connect, a $950 million, 147-mile transmission project that would send hydropower from Quebec toward high-value Massachusetts markets. [ read more … ]

Duke Energy opens solar power farms near Walton

By Chris Mayhew, Cincinnati Enquirer  •    •  Posted 2018-04-26 04:49:47

More than 60 football fields worth of new solar panels are generating electricity today in Northern Kentucky. Duke Energy unveiled its new solar energy farm in Walton Tuesday. Duke put 17,024 solar panels on 60 acres at 352 York Road in southern Kenton County. The new power plant is off U.S. 25 just south of the city of Walton in Boone County. [ read more … ]

Al Gore on the next president, being vegan and Pruitt’s fate

Robin Bravender, E&E News reporter  •    •  Posted 2018-04-26 04:49:59

Al Gore thinks there’s a solid chance the next president will sign a climate change bill. The former vice president and longtime global warming crusader is predicting a U-turn on climate policy after President Trump leaves the White House. Gore thinks the next president could swiftly get the United States back into the Paris climate agreement and enact sweeping climate legislation, which has stumbled in Congress dating back to Gore’s career on Capitol Hill from 1977 to 1993. [ read more … ]

Federal financial interventions and subsidies in U.S. energy markets declined since 2013

By Mark Schipper, EIA  •    •  Posted 2018-04-26 04:48:50

EIA has updated its report on federal financial interventions and subsidies in energy markets, covering the 2016 U.S. government fiscal year (FY). Subsidies for many energy categories have declined since FY 2013, when spending related to the American Recovery and Reinvestment Act of 2009 was at or near its highest levels. Between fiscal years 2013 and 2016, direct federal financial interventions and subsidies in energy markets decreased by nearly half, from $29.3 billion in FY 2013 to $15.0 billion in FY 2016. [ read more … ]

 

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