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Governors' Wind Energy Coalition

October 18, 2022

Top Story

Biden’s ‘Made in America’ Policies Anger Key Allies

By Alan Rappeport, Ana Swanson and Zolan Kanno-Youngs, New York Times  •    •  Posted 2022-10-18 14:55:37

The crux of the international fight centers on more than $50 billion in tax credits to entice Americans to buy electric vehicles. The law restricts the credit to vehicles that are assembled in North America. It also has strict requirements surrounding the components that go into powering electric vehicles, including batteries and the critical minerals that are used to make them. That is creating new incentives for battery makers to build recycling and production facilities in the United States. [ read more … ]

Wind Energy

Biden moves one step closer to making giant Pacific Ocean wind turbines a reality

By Ella Nilsen, CNN  •    •  Posted 2022-10-18 14:56:08

The Department of Interior on Tuesday announced it will hold a lease sale for wind energy off the coast of Central and Northern California, bringing the Biden administration’s dream of a massive West Coast wind farm one step closer to reality. The Pacific has enormous potential to generate wind energy, Biden administration officials told reporters in a call last month, and this yet-untapped potential is a major part of President Joe Biden’s clean energy goals. Floating offshore wind turbines could unlock up to 2.8 terawatts of clean energy in the future – more than double the country’s current electricity demand, US Energy Secretary Jennifer Granholm estimated during the September call. [ read more … ]

The largest offshore wind farm in the world | 60 Minutes

By Sharyn Alfonsi, CBS News  •    •  Posted 2022-10-18 14:56:30

Off the coast of Grimsby, England, more than 300 wind turbines produce electricity to help power over 2 million homes a day. Sharyn Alfonsi reports on how the turbines work and how the project has been received. [ read more … ]

Is Wind Energy Becoming Too Expensive?

Felicity Bradstock, Oilprice.com   •    •  Posted 2022-10-18 14:57:12

General Electric plans to make major job cuts in its U.S. wind operations and will consider its other markets too as windfarms are proving to be a major expense in the wake of Covid and the Russian invasion of Ukraine. Continued supply chain disruption and the high cost of wind turbines are deterring companies from investing in wind energy, as they look for cheaper alternatives. [ read more … ]

For offshore wind aspirations to become reality, transmission hurdles must be cleared

BY: ROBERT ZULLO, Oregon Capital Chronicle  •    •  Posted 2022-10-18 14:56:57

But amid news releases touting megawatt targets and jobs, there’s been less attention on the challenge of bringing all that electricity ashore and connecting it to a grid that was designed to bring power to the coast, not the other way around. “It is so exciting to see the goals put forward and it’s a great signal and clear signal to the industry,” said Maddy Urbish, head of government affairs and market strategy for New Jersey at Ørsted North America. The Danish company, a world leader in offshore wind, currently has 5,000 megawatts of projects under development or under construction in U.S. waters.   [ read more … ]

Climate

Clean Energy Has a Tipping Point, and 87 Countries Have Reached It

By Tom Randall, Bloomberg  •    •  Posted 2022-10-18 14:57:30

Today there’s a new Edison-level transformation under way. It affects how we generate the power that flows to our electrical outlets—and what gets plugged into those zero-emission electrons. Bloomberg Green has identified tipping points for 10 clean-energy technologies, from electric motorcycles to heat pumps and rooftop solar panels. New analysis shows which countries have crossed the threshold and how quickly those markets then expanded. It all starts with the transition to clean energy, now approaching full speed with 87 countries drawing at least 5% of their electricity from wind and solar. The US hit 5% in 2011 and surged past 20% renewable electricity last year. If the country follows the trend set by others at the leading edge, wind and solar will account for half of US power-generating capacity just 10 years from now. That would be years—or even decades—earlier than major forecasts. [ read more … ]

Growth in Renewables Saved the EU $11 Billion in Gas Imports Since the War

By Laura Millan Lombrana, Bloomberg  •    •  Posted 2022-10-18 08:27:31

An increase in wind and solar power capacity saved the European Union billions of dollars that would otherwise have been spent on gas imports since the Russian invasion of Ukraine.  Clean power covered 24% of the EU’s energy needs between March and September this year, the highest ever for this six-month period, according to a study by think tanks E3G and Ember. The increase in wind and solar capacity over that period alone was equivalent to 8 billion cubic meters of avoided gas imports, or 11 billion euros ($10.75 billion) in avoided gas costs. [ read more … ]

SCOTUS

Big Oil makes new bid for Supreme Court climate showdown

By Lesley Clark, E&E News  •    •  Posted 2022-10-18 14:57:59

Lawyers for the oil and gas industry are asking the Supreme Court for help in a second climate liability lawsuit, arguing that without the justices’ intervention, U.S. energy policy “may be decided by juries in state courts.” Attorneys for Chevron Corp., BP PLC and Exxon Mobil Corp. on Friday petitioned the justices to overturn a lower court decision that delivered a procedural victory to the city of Baltimore, which is suing the companies to pay potentially hundreds of billions of dollars for spewing emissions that have led to flooding, erosion and other climate impacts. [ read more … ]

Biden Administration

The surprising new climate agency

By Robin Bravender, E&E News  •    •  Posted 2022-10-18 14:58:21

The IRS is a climate agency now. The massive climate and energy law enacted by Democrats in August puts the IRS at the forefront of the effort to incentivize renewable energy across the economy. Of the nearly $370 billion of climate spending in the new law, about $270 billion will be delivered through tax incentives for electric vehicles, energy-efficient buildings, solar power and other “clean” energy technologies. [ read more … ]

States

California tells insurers to reward wildfire-resilient homes

By Avery Ellfeldt, E&E News  •    •  Posted 2022-10-18 14:58:51

Wildfire-savvy homeowners in California soon will pay lower insurance rates for taking steps to protect their properties from infernos made worse by climate change. That is among the intended impacts of a California regulation finalized yesterday that requires insurance companies to provide residents and businesses with a discount if they harden their homes against wildfires.
[ read more … ]

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