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Governors' Wind Energy Coalition

April 30, 2020

Top Story

Emissions Declines Will Set Records This Year. But It’s Not Good News.

By Brad Plumer, New York Times  •    •  Posted 2020-04-30 04:17:33

“This historic decline in emissions is happening for all the wrong reasons,” said Fatih Birol, the agency’s executive director. “People are dying and countries are suffering enormous economic trauma right now. The only way to sustainably reduce emissions is not through painful lockdowns, but by putting the right energy and climate policies in place.” [ read more … ]

Wind Energy

Solar and Wind Cheapest Sources of Power in Most of the World

By Brian Eckhouse, Bloomberg  •    •  Posted 2020-04-29 15:09:31

Solar and onshore wind power are now the cheapest new sources of electricity in at least two-thirds of the world’s population, further threatening the two fossil-fuel stalwarts — coal and natural gas. The levelized cost of electricity for onshore wind projects has fallen 9% to $44 a megawatt-hour since the second half of last year. Solar declined 4% to $50 a megawatt-hour, according to a report Tuesday by BloombergNEF. [ read more … ]

Offshore wind firm Orsted beats profit forecasts

By Stine Jacobsen, Reuters  •    •  Posted 2020-04-29 15:08:06

Orsted beat first-quarter profit expectations on Wednesday and said the coronavirus would not “materially” hit earnings this year although it might slow U.S. projects. The world’s largest offshore wind developer said it did not expect the coronavirus outbreak to “significantly impact our earnings for the year” while it stuck to its outlook for EBITDA excluding new partnerships this year of 16-17 billion crowns. [ read more … ]

Relief Bill

McConnell rejects infrastructure, but interest groups won’t let up

By Josh Siegel, Washington Examiner  •    •  Posted 2020-04-29 15:11:25

The Bipartisan Policy Center, released its own policy papers Wednesday linking clean energy investments to economic recovery. It calls for $220 million in additional spending for the Energy Department’s ARPA-E advanced energy research program, using $43 billion in DOE’s Loan Programs Office to finance new energy projects, allocating $5 billion for the Weatherization Assistance program for low-income ratepayers, extending their 45Q tax credit for carbon capture, and improving port infrastructure to enable more offshore wind development. [ read more … ]

Pandemic

Airborne Coronavirus Detected in Wuhan Hospitals

By Kenneth Chang, New York Times  •    •  Posted 2020-04-29 15:07:42

Adding to growing evidence that the novel coronavirus can spread through air, scientists have identified genetic markers of the virus in airborne droplets, many with diameters smaller than one-ten-thousandth of an inch. That had been previously demonstrated in laboratory experiments, but now Chinese scientists studying real-world conditions report that they captured tiny droplets containing the genetic markers of the virus from the air in two hospitals in Wuhan, China, where the outbreak started. [ read more … ]

Pollution

L.A. coronavirus clean air streak has already come to an end. Here’s why

By Sammy Roth, Los Angeles Times  •    •  Posted 2020-04-29 15:09:53

So has L.A. smog been eliminated? Not exactly. While there is no question the restrictions to stem the pandemic have reduced air pollution, the coronavirus lockdown does not bear full responsibility for the weeks of clean air Californians have enjoyed. Dramatic reductions in vehicle and industrial emissions contributed to lower smog levels, air quality experts say, but much of the improvement was also due to stormy spring weather. [ read more … ]

FERC/PJM

Maryland taking a ‘serious look’ at exiting PJM capacity market through FRR, says PSC Chair

By Catherine Morehouse, Utility Dive  •    •  Posted 2020-04-29 15:10:23

Maryland, Illinois and New Jersey have all raised the possibility of leaving the wholesale power market over what they see as an affront to state clean energy goals. “In states like Maryland … we have a number of preferred resources [and] we’re seeing it [be] more and more difficult to work within the confines of the rules imposed by FERC on PJM,” said Stanek.  [ read more … ]

FERC’s Chatterjee highlights COVID-19 demand disruptions, resource threats

By Larry Pearl, Utility Dive  •    •  Posted 2020-04-29 15:10:40

What will the current shift in demand and cost implications mean for different sources of generation? Chatterjee asked during the virtual ‘fireside chat.’  “Right now, because of low cost, because of flexibility, gas is being dispatched at a higher rate — that’s putting pressure on renewables, on nuclear, on coal. And what is going to be the state of those businesses coming out of this? And could we see shutdowns occur as a result of economic pressures and then when we reopen, see a surge in demand and potentially have threats to reliability?” [ read more … ]

EVs

Buffett-Backed BYD Predicts Profit Rebound as Outbreak Eases

By Bloomberg News  •    •  Posted 2020-04-29 15:08:25

BYD Co., the Chinese electric-vehicle maker backed by Warren Buffett, predicted a rebound in profit as an easing in the coronavirus outbreak revives demand in the world’s largest car market. The stock jumped. First-half net income will rise as much as 24%, the company said in a statement late Tuesday. That’s even after first-quarter net income slumped 85% and sales shrank 35%. [ read more … ]

Ford’s plan for Rivian-powered, electric Lincoln SUV canceled due to coronavirus

By Allison Matyus  •    •  Posted 2020-04-29 15:08:49

“Given the current environment, Lincoln and Rivian have decided not to pursue the development of a fully electric vehicle based on Rivian’s skateboard platform. Ford Motor Company’s strategic commitment to Lincoln, Rivian and electrification remains unchanged and Lincoln’s future plans will include an all-electric vehicle consistent with its Quiet Flight DNA,” a Lincoln spokesperson told Digital Trends. [ read more … ]

2020

Biden wants a climate secretary. Why that’s complicated

By Jean Chemnick, E&E News reporter  •    •  Posted 2020-04-29 15:09:08

Former Vice President Joe Biden’s proposal for a Cabinet-level climate change secretary is getting mixed reviews from veterans of past administrations. Their question is this: Will it help or hurt efforts to deliver aggressive action on warming? The presumptive Democratic nominee said earlier this month at a virtual campaign fundraiser that if elected, he would consider creating three Cabinet positions, including one on climate that “goes beyond EPA.” [ read more … ]

 

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