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Governors' Wind Energy Coalition

May 26, 2020

Top Story

Coronavirus fallout to slow global growth in renewable energy

By Jillian Ambrose, The Guardian  •    •  Posted 2020-05-25 15:53:44

The global growth of renewable energy will slow for the first time in 20 years due to the impact of the coronavirus pandemic, which will “hurt but not halt” the rise of clean energy. The world’s energy watchdog has warned that developers will build fewer wind farms and solar energy projects this year compared with a record roll out of renewables in 2019. [ read more … ]

Markets

Energy won’t be the same when this is over

By Will Englund, Washington Post  •    •  Posted 2020-05-25 15:54:54

With planes grounded, cars parked, factories shuttered and offices dark, the coronavirus has carved a big hole in the energy economy and redirected its future in ways that could hardly have been imagined four months ago. Even once the world picks up again, the basics of the business will reflect the legacy of the 2020 pandemic. [ read more … ]

IEA chief Fatih Birol on trauma across the energy sector

By Maxine Joselow, E&E News reporter  •    •  Posted 2020-05-25 15:55:18

The coronavirus pandemic has led to a historic drop in planet-warming emissions, but Fatih Birol is hardly cheering the trend. “This is not something to celebrate. This is happening because of a pandemic that has caused premature deaths and economic trauma,” Birol, the executive director of the International Energy Agency, said in a recent interview. Instead, Birol believes emissions reductions should come from smart decisions. [ read more … ]

Wind Energy

Denmark plans to create energy islands in Baltic and North Sea

By Stine Jacobsen, Reuters  •    •  Posted 2020-05-25 15:53:05

Denmark on Wednesday proposed a more than tripling of its offshore wind capacity by building two energy islands linked to new wind farms in the Baltic and North seas to help to meet climate change targets. The energy islands are an important part of the Social Democratic government’s climate action plan which was presented on Wednesday but still needs to be ratified in parliament. [ read more … ]

Solar Energy

5 Wind Energy Giants Embracing Solar Power

By Emma Foehringer Merchant, Green Tech Media  •    •  Posted 2020-05-25 15:50:11

Onshore wind is now the leading renewable energy technology in the U.S., and it’s still knocking competitors out of the way. Last year wind overtook hydropower in total generation, and 2020 is on track to be a record year for new wind farm construction. But all other energy sources are losing ground to solar these days, wind included. Solar accounted for 40 percent of new U.S. generation capacity in 2019, its largest share in history. After 2020, solar’s lead over wind will widen rapidly in the U.S. market, Wood Mackenzie forecasts. [ read more … ]

FERC/PJM

FERC Approves PJM Reserve Market Overhaul

By Michael Brooks, RTIO Insider  •    •  Posted 2020-05-25 15:49:38

ERC on Thursday approved PJM’s proposed energy price formation revisions, agreeing with the RTO that its reserve market was not functioning as intended (EL19-58, ER19-1468). “PJM made a persuasive case that its current reserve market design must be overhauled,” Chairman Neil Chatterjee said during the commission’s monthly open meeting, held by teleconference because of the COVID-19 pandemic. “PJM showed that the current market mechanism systematically fails to enable PJM to acquire within the market the reserves it needs to operate its system reliably and [that] it fails to send appropriate price signals for efficient resource investment. [ read more … ]

FERC overhauls PJM reserve market

BY KELSEY TAMBORRINO, Politico  •    •  Posted 2020-05-25 15:50:41

FERC voted 3-1 on Thursday to largely accept a March 2019 proposal from grid operator PJM to impose a new demand curve in the market that will raise prices for generators and demand resources and increase penalties for failure to deliver promised power. [ read more … ]

State-federal tension ‘at an all time high’ between MOPR, net metering attack, says head Maryland regulator

By Catherine Morehouse, Utility Dive  •    •  Posted 2020-05-25 15:51:04

“The line between federal and state jurisdiction right now has never been blurred more,” Maryland Public Service Commission Chair Jason Stanek said during a Thursday webinar hosted by Advanced Energy Economy. He and Commissioner Bob Gordon of the New Jersey Board of Public Utilities both expressed increasing frustration with the MOPR in particular, and its potential impacts to the coastal states’ budding offshore wind market. [ read more … ]

Off Topic

As meat and dairy take hits, plant-based alternatives thrive

By Bev Banks, E&E News reporter  •    •  Posted 2020-05-25 15:51:31

As the coronavirus pandemic takes a toll on the meat and dairy industries, plenty of grocery shoppers are turning to plant-based alternatives. Supply chain disruptions related to the COVID-19 crisis have forced farmers to dump their milk and euthanize their livestock (Greenwire, May 4). Meanwhile, makers of plant-based products like Impossible Foods say sales are booming. [ read more … ]

Commentary

Robust Clean Energy Jobs Will Be a Hallmark of the Recovery Ahead

By Charles Hernick, Citizens for Responsible Energy Solutions  •    •  Posted 2020-05-25 15:52:38

With new data showing that over 500,000 clean energy jobs have been lost since the beginning of the pandemic, a look at how American energy has changed over the years can show how clean energy and the numerous jobs associated with it will come out on the other side. It’s hard to image that 150 years ago Americans were hunting whales for oil to light homes. When Moby Dick was first published in the mid-1800s, whale oil demand was at its peak. It was the fifth-largest sector of the economy. Fifty years later, the industry was dead. Whale oil was fully displaced by petroleum thanks to the entrepreneurial spirit of Edmund Drake. [ read more … ]

 

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