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Governors' Wind Energy Coalition

August 3, 2018

Top Stories

Massachusetts utilities file US-record offshore wind contracts at $65/MWh

By Gavin Bade, Utility Dive  •    •  Posted 2018-08-03 06:46:15

Massachusetts electric utilities on Tuesday filed long-term contracts with state regulators to purchase 800 MW of offshore wind energy at $65/MWh, about half the price of the most recent offshore wind contracts signed in the U.S. The group of utilities would pay the U.S.-record price for the energy and renewable energy credits (RECs) generated by the wind plant off Martha’s Vineyard, while the project’s owners will retain any capacity market payments. The most recent wind contract signed by a U.S. utility was in Maryland with a contract price of $132/MWh.​ [ read more … ]

Report sees flaws in DOE plan to support coal, nuclear plants

Rod Kuckro, E&E News Reporter  •    •  Posted 2018-08-03 06:46:45

There are legitimate policy options that could increase the resilience of the nation’s electricity grid, but subsidizing coal and nuclear plants are not among them, says a new report by the Institute for Policy Integrity at New York University School of Law. “To ensure that we make only efficient and cost-beneficial investments, decision-makers must adopt a clear and useable definition of resilience, identify potential actions that improve resilience, and conduct an economic analysis of the social value of those actions,” says the report. [ read more … ]

Policy & Politics

How can the US reach the cutting edge of offshore wind R&D? DOE seeks input

By Catherine Morehouse, Utility Dive  •    •  Posted 2018-08-03 06:47:53

The U.S. Department of Energy (DOE) is seeking input on what is needed to put the nation at the cutting edge of wind power development, according to two Requests for Information published in Thursday’s Federal Register. The agency wants comments on what steps are necessary to advance the U.S.’s wind technology, infrastructure and research and development with a focus on the DOE’s National Offshore Wind Energy R&D test facilities and National Wind Technology Center Facility  [ read more … ]

U.S. utilities balk at expanded carbon-capture subsidy

By Timothy Gardner, Reuters  •    •  Posted 2018-08-03 06:47:08

Few U.S. energy policies can bring together coal miners, oil drillers, environmentalists, Republicans and Democrats. But tax credits for capturing and storing carbon dioxide emissions have appeased all these camps, and Congress this year tripled the subsidy’s value with broad bipartisan support. If only they could convince utilities – the biggest industrial polluters – to get on board. [ read more … ]

Trump’s making U.S. coal exports the greatest they’ve ever been

By Mathew Carr, Bloomberg News  •    •  Posted 2018-08-03 06:47:28

U.S. exports of coal used by power stations are set to hit a record this year on increased global demand for the nation’s high-energy-content fuel. Steam-coal shipments will probably jump 58 percent to 58 million metric tons this year, according to Guillaume Perret, founder of Perret Associates Ltd., a London-based research company. He expects exports to reach 65 million tons by 2025. [ read more … ]

Encore: Like the US, China wants a national electricity grid. Unlike the US, China’s just building it.

By David Robert, Vox  •    •  Posted 2018-08-03 06:49:57

China has the same problem the US does: Its most concentrated wind and sunlight are found in remote areas (in the north and west), distant from the populous industrial cities where the power is needed (in eastern coastal regions). For years, the government has pushed a rapid buildout of renewable energy; the country now boasts the highest renewable energy growth rates and the most wind and solar capacity of any country in the world. [ read more … ]

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