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Governors' Wind Energy Coalition

May 4, 2022

Top Story

Climate scientists say South Asia’s heat wave (120F!) is a sign of what’s to come

By Lauren Frayer, NPR  •    •  Posted 2022-05-04 14:48:46

Suruchi Bhadwal, director of earth science and climate change at The Energy and Resources Institute (TERI), says the disappointing wheat harvest may be an omen of what’s to come, if countries don’t do everything within their power to cut carbon emissions and limit warming to below 2-degrees Celsius, in line with United Nations recommendations. “India is already giving us a warning bell,” Bhadwal says. “And each country needs to realize that the warning signs will not be given to us forever.” [ read more … ]

Wind Energy

Study Finds Offshore Wind Could Drive Down Energy Costs In New England

By Laura Oleniacz, CleanTechnica  •    •  Posted 2022-05-04 14:55:39

Although very high wind speeds during winter storms could cause turbines to go temporarily offline, they found the largest risk of sudden losses of wind power would be in summer when wind speeds are lowest. The findings, published in the journal Energy, could help utilities, policymakers and consumers in New England determine what to expect in terms of price and reliability from adding offshore wind power in the region. [ read more … ]

Vestas warns Ukraine war adds to strain on wind industry, shares plummet

By Stine Jacobsen, Reuters  •    •  Posted 2022-05-04 14:46:33

Wind turbine maker Vestas (VWS.CO) posted a deep first-quarter loss and slashed its 2022 margin forecast due to the war in Ukraine and writedowns in its offshore business, reflecting an industry wide struggle to turn a profit despite record demand. Focus on renewables has intensified as the West steps up efforts to wean itself off Russian fossil fuels, but what Moscow refers to as its “special operation” in Ukraine has also boosted already soaring raw material and freight costs. [ read more … ]

Climate

A softer U.S. climate goal? Kerry points to 1.8 degrees

By Sara Schonhardt, E&E News  •    •  Posted 2022-05-04 14:49:46

For much of last year, climate envoy John Kerry had one number on his mind: 1.5 degrees Celsius. That’s the amount of warming scientists say the world must not surpass if it hopes to prevent dangerous and irreversible climate impacts. But as new realities set in and hoped-for ambition fails to materialize in the U.S. and abroad, Kerry is scaling back. [ read more … ]

Markets

Clean energy at a crossroads: The Made-in-America push

By Peter Behr, E&E News  •    •  Posted 2022-05-04 14:48:27

“It’s high time to be making things in America,” said Edmund Schweitzer III, founder, president and chief technology officer of SEL, a 5,000-employee company based in Pullman, Wash., a few miles west of the Idaho site. Call it music to the ears of President Joe Biden and many congressional Democrats, who are counting on U.S. companies and workers to produce the infrastructure of a transformed clean energy grid. [ read more … ]

BP reports soaring profits, even as oil production is flat

By Benjamin Storrow, E&E News  •    •  Posted 2022-05-04 14:47:30

BP’s earnings, the first coming from a trio of European oil majors this week, were closely watched by analysts for a shift in strategy. The London-based company announced in 2020 that it would slowly transition away from oil toward low-carbon businesses like electric vehicle charging, hydrogen and renewables. But with oil prices soaring and a growing clamor for companies to boost production, some had wondered if BP would change course and sanction more drilling. [ read more … ]

EVs

Report: Electric vehicle subsidies going to the wrong drivers

By Ben Geman, Axios  •    •  Posted 2022-05-04 14:47:47

EV sales growth is highly uneven, and an analysis argues this badly limits the climate benefits of federal purchase subsidies. EVs were over 12% of new light-duty vehicles registered in California last year, and Oregon, Washington, Hawaii and D.C. were all over 7%, per the Energy Department. Uptake is way slower in many other states, including huge interior areas where people drive long distances. It notes EVs aren’t yet catching on among drivers who use the most gasoline. They’re often in rural, suburban, or exurban areas and drive pickups and SUVs. It draws on work by the clean transport group Coltura, which looked at “super users” — the top 10% of drivers who account for a third of gas use. Niskanen sets this against the target of ramping up EVs to 50% of sales by 2030, which is shared by the White House and several automakers.
[ read more … ]

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