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Governors' Wind Energy Coalition

November 15, 2022

Top Story

Wealthy nations ink $20B deal to move Indonesia off coal

By Sara Schonhardt, Zack Colman, E&E News  •    •  Posted 2022-11-15 14:36:53

A group of wealthy countries secured a deal Tuesday with Indonesia that would shift the major emitter’s power generation from coal to clean energy. The $20 billion deal financed by governments and financial institutions would be one of the largest public investments ever made to shutter fossil fuel plants. About 60 percent of electricity generation in Indonesia comes from coal and more plants are still in the pipeline. The U.S. and Japan would lead the initiative along with investments from Germany, France, the United Kingdom, Denmark, Canada, Italy, Norway and the European Union. [ read more … ]

Wind Energy

Inflation’s next victim: U.S. offshore wind projects

By Benjamin Storrow, Heather Richards, E&E News  •    •  Posted 2022-11-15 14:36:13

Two developers with contracts to sell power to Massachusetts have sought to renegotiate the deals, only to get shot down by state regulators. Many developers bid aggressively in state auctions to win those contracts but are now locked into agreements that didn’t account for rising costs, said Sam Huntington, director of North American power and renewables at S&P Global Commodity Insights. The financial difficulties call into question the Biden administration’s goal of installing 30 gigawatts of offshore wind power by the end of this decade. [ read more … ]

Storage

The world’s first CO2 battery for long-duration energy storage is headed to the US

By Michelle Lewis, Electrek  •    •  Posted 2022-11-15 14:34:59

Energy Dome announced earlier this month that it has been awarded funding and networking support from Hawaii and Bay Area-based Elemental Excelerator, which invests in climate tech deployment. Elemental said it was funding Energy Dome because “the ability to store energy from intermittent sources like solar and wind for prolonged periods has long been a missing piece of the decarbonization puzzle.” [ read more … ]

Congress

Lawmakers back to deal-making on permitting, spending

  •  By Nick Sobczyk, E&E News  •  Posted 2022-11-15 14:36:39

Lawmakers are intensifying negotiations on a spending package and permitting reform ahead of a busy rush to the finish line in December. Senate Energy and Natural Resources Chair Joe Manchin (D-W.Va.) said “good conversations” continued over the recess on permitting. The White House has also voiced support for a bill in the lame-duck session. “We’re working every way we can,” Manchin said as Congress returned to work Monday. “This needs to be passed.” [ read more … ]

Politics

Facing questions about climate aid, Democrats blame the GOP

By Jean Chemnick, E&E News  •  By Nick Sobczyk, E&E News  •  Posted 2022-11-15 14:37:32

Democratic lawmakers and Biden administration officials often point to Republican opposition when pressed to explain at the global climate talks here why the U.S. has been slow to fulfill its promises on climate aid. But it was House and Senate Democrats, not Republicans, who chose to leave that money out of the climate law known as the Inflation Reduction Act. The package that came together this summer after lengthy negotiations with conservative Democrats in the Senate was filled with incentives for clean energy manufacturing in the United States. One thing that never made it into the text: billions of dollars for other countries that face a barrage of climate effects. [ read more … ]

EVs

The Wrong Americans Are Buying Electric Cars

By Kyle Stock, Bloomberg  •  By Nick Sobczyk, E&E News  •  Posted 2022-11-15 14:34:36

EV adoption is finally ramping up in the US. But what the fever line doesn’t show is that it’s lumpy. A large share of battery-powered cars are being bought by households that already own an EV, or two or three for that matter. The EV early adopter has given way to the superuser or, some might say, the hoarder. And despite their good intentions, these double-dippers may unwittingly be shrinking the climate benefits their cars can offer. “A, the wrong people are buying these cars,” says Ashley Nunes, a Harvard economist studying this dynamic. “And B, the way those people are using these cars makes it very difficult for them to deliver an emissions advantage.” [ read more … ]

Auto Makers Shift to Lower-Cost Batteries for Electric Vehicles

By Mike Colias, Wall Street Journal  •  By Nick Sobczyk, E&E News  •  Posted 2022-11-15 14:35:19

In the race to build a more affordable electric car, auto makers are turning to a lower-cost battery type that could lead to less-expensive options, but deliver less driving range. Several major car companies plan to deploy lithium-iron-phosphate batteries, known as LFP, a type commonly used in China, the world’s largest market for electric cars. Those iron-based battery cells cost less than the nickel-and-cobalt combination used widely in North America and Europe. [ read more … ]

Meet the Biden official overseeing $7.5B for EVs

By David Ferris, E&E News  •  By Nick Sobczyk, E&E News  •  Posted 2022-11-15 14:35:37

Gabe Klein is a key figure in the Biden administration’s plans to build out infrastructure for America’s future electric cars, buses and trucks. But his biggest accomplishment may involve bicycles.
In September, Klein, who has run transportation departments in Washington and Chicago, was named executive director of the new Joint Office of Energy and Transportation, which was created by the Bipartisan Infrastructure Law signed by President Joe Biden last November. [ read more … ]

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