Please add the Governors' Wind Energy Coalition to your address book for uninterrupted delivery
View this email in a web browser.
Governors' Wind Energy Coalition

November 19, 2019

Top Story

The World’s Only $100 Billion Utility Owes Its Rise To Wind Power

By Gerson Freitas Jr, Bloomberg  •    •  Posted 2019-11-18 15:52:17

Two decades ago, when coal ruled U.S. power generation, a Florida utility plowed some of its extra cash into a wind farm atop a desolate Oregon plateau. It was the start of an unimaginably successful bet. This year, that company — now named NextEra Energy Inc. — became the world’s first utility with a market capitalization of more than $100 billion, thanks largely to its clean-power business. It’s almost twice as valuable as the oil major ConocoPhillips and has developed enough wind and solar farms across the U.S. and Canada to power the entire nation of Greece. Shares have doubled in four years, outperforming virtually every other stock in the industry. [ read more … ]

Storage

Ariz. utility plans record solar battery as coal plant closes

By Edward Klump, E&E News reporter  •    •  Posted 2019-11-18 15:54:13

The Salt River Project, an Arizona power provider that has a stake in the closing of coal-fueled Navajo Generating Station, has committed to two new solar and energy storage developments — including one projected to be the biggest solar-charged battery project in the state. The Sonoran Energy Center will have roughly 250 megawatts of solar capacity to charge a 1,000-megawatt-hour energy storage system, according to SRP. The Storey Energy Center will involve about 88 MW of solar capacity associated with a 264-MWh storage system, SRP said. [ read more … ]

Policy & Politics

Wheeler devised attacks on Calif. years ago with Inhofe

By Jean Chemnick, E&E News reporter  •    •  Posted 2019-11-18 15:53:21

President Trump isn’t the first boss Andrew Wheeler has helped battle California on the environment. More than a decade before he would lead this autumn’s siege against California’s regulatory authorities, Wheeler helped Sen. Jim Inhofe (R-Okla.) score political points against the Golden State on the same set of issues. He was Inhofe’s staff director on the Environment and Public Works Committee at the time.
Inhofe, a staunch anti-regulatory crusader, has for years recounted California’s failings — especially its struggle with national ozone limits — when attacking environmental policies backed by the progressive state and its representatives in Washington. [ read more … ]

Calif. punches back at companies supporting Trump

By Maxine Joselow, E&E News reporter  •    •  Posted 2019-11-18 15:54:29

California state agencies will stop buying cars from companies that support President Trump’s attack on state clean car standards, officials announced Friday. The move marks the latest escalation in the battle between California and the White House over the climate rules for cars. The decision affects General Motors Co., Fiat Chrysler Automobiles NV, Toyota Motor Corp. and 10 other major automakers.
Those companies sided with the Trump administration last month in the legal fight over California’s ability to set vehicle emissions standards that are tougher than those of the federal government [ read more … ]

Moniz to headline packed day of hearings

By Nick Sobczyk, E&E News reporter  •    •  Posted 2019-11-18 15:54:43

Former Energy Secretary Ernest Moniz will headline a packed slate of climate change hearings Wednesday, as House Democrats continue the long slog to workshop ideas for climate policy. Moniz will testify at a House Energy and Water Development Appropriations Subcommittee hearing examining the Department of Energy’s role in combating climate change, an area of bipartisan interest in recent months.
[ read more … ]

EVs

Ford Wants to Sell You an Electric S.U.V. It’s Called a Mustang.

By Neal E. Boudette, Mew York Times  •    •  Posted 2019-11-18 15:52:59

Ford Motor’s latest offering seems like an oxymoron twice over: It’s a sport utility vehicle that’s electric … that’s a Mustang. It’s also Detroit’s biggest bet yet on a mass-market future for battery-powered cars.
The big automakers have been producing hybrid and fully electric vehicles for years. But almost all have been smaller models that found limited demand. Even the manufacturers often referred to them as “compliance cars” — built to help meet environmental regulations while they mainly turned out big internal-combustion vehicles that sold well and made hefty profits. [ read more … ]

 

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