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Governors' Wind Energy Coalition

November 2, 2020

Top Story

Green-Energy Companies Hope for Renewal of Tax Credit, National Plan After Election

By Kristin Broughton, Wall Street Journal  •    •  Posted 2020-11-01 05:09:39

Chief financial officers manage their balance sheets through the red and blue political waves in the nation’s capital. Regardless of the election outcome next week, clean-energy CFOs say broader economic trends—including a rise in corporate sustainability pledges and socially conscious investing, and a decline in renewable-energy production costs—have all been good for business. Still, a Democratic win could be a boon, these executives said. On the industry’s wish list: prompt renewal of alternative-energy investment tax credits, removal of tariffs on solar technologies and, more broadly, the establishment of a national clean-energy plan, among other proposals. [ read more … ]

Wind Energy

Three states — Maryland, Virginia, N. Carolina — to collaborate on offshore wind projects

By Patricia Sullivan, Washington Post  •    •  Posted 2020-11-01 05:10:00

The windblown coastal states of Maryland, Virginia and North Carolina will join forces to build offshore power projects and promote the region as a hub for offshore wind energy and industry, the states’ governors announced Thursday. The collaboration will attempt to make it easier and more predictable for companies to work across the three states, encourage manufacturing of parts for wind turbines and other infrastructure, and reduce project costs through supply chain development, a joint news release said.
[ read more … ]

3 states ink deal on offshore wind despite Trump ban

By David Iaconangelo, E&E News reporter  •    •  Posted 2020-11-01 05:06:20

The governors of Maryland, Virginia and North Carolina launched a new regional collaborative this week to promote offshore wind in their states, despite a ban by President Trump that could affect those efforts. In a memorandum of understanding published yesterday, the three states’ governors said they would appoint senior officials to meet on a quarterly basis and discuss ways to develop a Mid-Atlantic hub for offshore wind. Virginia and North Carolina’s governors, Ralph Northam and Roy Cooper, respectively, are Democrats, while Maryland’s Larry Hogan is a Republican.
[ read more … ]

Wind power could break records this year

Bu Josh Siegel, Washington Examiner  •    •  Posted 2020-11-01 05:07:19

The U.S. is on track to add more wind power this year than any other year prior, even amid the coronavirus pandemic. It’s another sign of renewable energy’s relative resilience to the worst effects of the pandemic. While the renewable energy jobs have taken a huge hit and capacity additions worldwide are expected to dip this year, the sector is also expected to bounce back quicker than other energy resources, such as coal. [ read more … ]

Top turbine maker raises stakes in offshore race

By William Mathis and Nishant Kumar, Bloomberg  •    •  Posted 2020-11-01 05:05:11

Vestas Wind Systems A/S, the world’s biggest wind turbine manufacturer, will buy out its offshore joint venture partner in an all-share deal that looks to take advantage of an expanding industry at the heart of the energy transition. The €709 million ($830 million) deal for Mitsubishi Heavy Industries Ltd.’s 50% share in the partnership will integrate the offshore business into Vestas’s much bigger onshore wind operation. It’s a move that the Denmark-based manufacturer hopes will help it dominate the industry by 2025. [ read more … ]

First U.S. offshore wind farm goes offline: An industry omen?

By Heather Richards and Arianna Skibell, E&E News reporters  •    •  Posted 2020-11-01 05:03:45

In the new year, the first offshore wind farm in the United States will shut off its turbines, and its customers on nearby Block Island in Rhode Island will revert to diesel generation. The rocky saeabed around Block Island has been worn away by tides and storms, sometimes exposing high-voltage cables in a popular swimming location that developers failed to bury deep enough when the facility was brought online in 2016. To splice in newly buried cables, the wind farm will go offline for a brief period this spring.
[ read more … ]

Transmission

Experts: Iowa’s renewable energy growth depends on better transmission

By Des Moines Register  •    •  Posted 2020-11-01 05:03:18

Iowa could become an even bigger leader in renewable energy, especially if renewable hydrogen is developed and transmission lines are improved,a panel of university, government and corporate leaders said Wednesday. James McCalley, an Iowa State University engineering professor who studies electrical transmission, said Iowa already is one of the top few states in the share of its power that comes from renewable energy, but is positioned to have far more wind and solar energy. “The coupling between wind and solar growth and transmission is very tight,” McCalley said on a Zoom session arranged by Power Up Iowa, a renewable energy industry group. [ read more … ]

EVs

When One Car Has More Horsepower Than Churchill Downs

By Lawrence Ulrich, New York Times  •    •  Posted 2020-11-01 05:03:01

Plenty of luxury sedans, S.U.V.s and sports cars bring 400 to 600 horsepower to the race. Muscle cars have swelled to button-popping heights; the Dodge Demon feels true to its name with 808 horses. Welcome to the next front in the horsepower war, whose battles have raged since the dawn of the automobile, pausing only for actual wars, fuel crises or bids to rein in pollution. If gasoline-fueled provocations aren’t enough, electric cars are smashing the 1,000-horsepower barrier. [ read more … ]

Campaign 2020

Make Science Great Again: U.S. researchers dream of life after Trump

By Sharon Bernstein in Sacramento, California, and Valerie Volcovici in Washington, D.C, Reuters  •    •  Posted 2020-11-01 05:10:18

From his lab in Toulouse, France, Benjamin Sanderson models the range of extreme risks to humans from climate change, research he hopes can inform policymakers planning for worsening wildfires and floods. It is the kind of work he once performed in the United States – and hopes to again soon. Sanderson is among dozens of U.S.-based climate scientists who shifted their research to France, or sought refuge in academia or in left-leaning states like California after Republican Donald Trump was elected in 2016. They worried his administration’s distrust of science would impact their ability to finance and advance their work. [ read more … ]

Green-Energy Companies Hope for Renewal of Tax Credit, National Plan After Election

By Kristin Broughton, Wall Street Journal  •    •  Posted 2020-11-01 05:09:39

Chief financial officers manage their balance sheets through the red and blue political waves in the nation’s capital. Regardless of the election outcome next week, clean-energy CFOs say broader economic trends—including a rise in corporate sustainability pledges and socially conscious investing, and a decline in renewable-energy production costs—have all been good for business. Still, a Democratic win could be a boon, these executives said. On the industry’s wish list: prompt renewal of alternative-energy investment tax credits, removal of tariffs on solar technologies and, more broadly, the establishment of a national clean-energy plan, among other proposals. [ read more … ]

Biden, Trump refine climate messages in final push

By Thomas Frank, E&E News reporter  •    •  Posted 2020-11-01 05:04:27

Democratic presidential nominee Joe Biden is varying his message on climate change in the final days of the presidential campaign as he faces heavy attacks from President Trump over Biden’s vow to “transition from the oil industry.” A new Trump ad says Biden will “end fracking,” and Trump told a recent campaign rally in Florida that Biden’s energy plan “would mean America’s seniors have no air conditioning during the summer, no heat during the winter and no electricity during peak hours.”
[ read more … ]

Would Biden make gas the next coal?

By Lesley Clark and Carlos Anchondo, E&E News reporters  •    •  Posted 2020-11-01 05:05:32

A Biden presidency would likely accelerate a shift away from natural gas that is occurring across the U.S. as concerns about climate change increase and the cost of renewable energy declines, analysts say. The Democratic presidential nominee’s approach to the gas industry marks a sea change from just a few years ago when the Obama administration supported exports of liquefied natural gas and encouraged the fracking industry as an alternative to dirtier forms of energy, like coal. [ read more … ]

Climate

Big Oil suffers setback in R.I. climate fight

By Jennifer Hijazi, E&E News reporter  •    •  Posted 2020-11-01 05:04:49

Federal judges said last week that Rhode Island’s climate lawsuit can stay in state court, dealing a fresh blow to oil and gas companies entangled in a growing thicket of global warming fights across the country. The 1st U.S. Circuit Court of Appeals ruled that the Ocean State’s battle to put firms like Exxon Mobil Corp., Royal Dutch Shell PLC and Chevron Corp. on the hook for climate impacts may remain in the Providence court where the challenge was initially filed. [ read more … ]

5 climate ghost towns

By Daniel Cusick, E&E News reporter  •    •  Posted 2020-11-01 05:04:07

Climate change is creating American ghost towns with a regularity not seen since the 19th century, when boomtowns sprouted and died as quickly as their resources could be devoured.
Today, disasters are hollowing out more small communities and erasing important cultural, historical and religous sites, leaving only painful memories and sometimes nothing. Just this year, multiple hurricanes struck the Louisiana coast, including Zeta earlier this week. It remains a mystery whether Cameron and Creole, just 12 miles apart along the southwest Louisiana coast, will survive after back-to-back hits from Hurricanes Laura and Delta [ read more … ]

FirstEnergy

FirstEnergy fires CEO amid bribery scandal

By Jeffrey Tomich, E&E News reporter  •    •  Posted 2020-11-01 05:05:56

FirstEnergy Corp., the Ohio utility at the center of a $60 million federal bribery case, fired CEO Chuck Jones and two other top executives yesterday, saying they violated company policies and its code of conduct. The Akron-based utility said the action followed findings by an independent board formed to conduct an internal review of ongoing government investigations. The company provided no further details. [ read more … ]

Ohio political operatives plead guilty in bribery probe

By Andrew Welsh-Huggins, Associated Press  •    •  Posted 2020-11-01 05:06:45

Two Ohio political operatives pleaded guilty yesterday to charges that they conspired as part of what another defendant called an “unholy alliance” aimed at bailing out two aging Ohio nuclear power plants, court documents show. Former Republican House Speaker Larry Householder and four others are charged with racketeering for their roles in the alleged scheme, under a law federal prosecutors typically use to charge gang members. [ read more … ]

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