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Governors' Wind Energy Coalition

December 19, 2022

Top Story

Oil industry faces end of the road in California regardless of Newsom penalty on profits

By WES VENTEICHER, Politico  •    •  Posted 2022-12-19 15:27:57

Oil companies in California are planning an all-out fight against Gov. Gavin Newsom over his proposal to punish them for what he calls “unconscionable” profits. But that may be the least of the industry’s worries. Fossil fuel companies face an existential threat in California as the state shifts to a carbon neutral future: Lawmakers have set a deadline to ban the sale of new gasoline-powered vehicles. State and local officials have restricted, or in some cases banned, new oil wells. And some cities are even banning gas stations and non-electric lawnmowers. These and other measures suggest a grim outlook in the country’s largest car market for an industry more closely tied to the state’s development than the Gold Rush. [ read more … ]

Wind Energy

‘Proceed with caution’: Key takeaways from California’s first offshore wind energy auction

By Kavya Balaraman, Utility Dive  •    •  Posted 2022-12-19 15:27:40

The first offshore wind lease sale conducted by the Bureau of Ocean Energy Management in the Pacific Ocean drew lower bid prices than similar sales on the East Coast, and experts say the outcome reflects the uncertainties faced by the offshore wind industry in California, but could benefit ratepayers in the long run.  “[This] definitely was not the super competitive auction that I was expecting,” given the excitement over setting up a California offshore wind industry, ambitious offshore wind planning goals adopted by the state, as well as the drive to get a floating offshore wind sector set up in the United States, said Samantha Woodworth, senior research analyst with Wood Mackenzie. [ read more … ]

States

Texas Expects to Keep Lights On During Frigid Christmas Week

By Mark Chediak, Bloomberg  •    •  Posted 2022-12-19 15:28:13

The Texas grid operator said it anticipates having enough power supplies to meet demand next week when a polar blast is forecast to grip the Lone Star State.  The Electric Reliability Council of Texas said it has notified utilities and power plant owners that temperatures will be at 25F (-4C) or lower in the San Antonio and Dallas metro areas between Thursday, Dec. 22 through Monday, Dec. 26, according to an email statement.  [ read more … ]

Hydrogen

5 questions answered about ‘clean’ hydrogen

By David Iaconangelo, E&E News  •    •  Posted 2022-12-19 15:29:00

Hydrogen’s long crawl into the energy sector mainstream has turned into a sprint the past few years, as the private sector and policymakers champion the idea of creating “hubs” for the fuel’s production. But what would the hubs do exactly, and would they be as “clean” as envisioned? And will the Biden administration be able to deliver on its promises about hydrogen?
[ read more … ]

Congress

Greens press for executive action after Manchin bill falls

By Nick Sobczyk, E&E Bews  •    •  Posted 2022-12-19 15:29:16

Environmental groups are urging the Biden administration to take executive actions to speed the deployment of clean energy and electric transmission infrastructure after Sen. Joe Manchin’s permitting overhaul failed in the Senate last week. In a letter to President Joe Biden on Friday, the League of Conservation Voters and more than a dozen other groups said the federal agencies could take actions that “would not undermine existing environmental protections and requirements for public engagement and input.” [ read more … ]

Things to watch in the omnibus spending bill

By Jeremy Dillon, Emma Dumain, E&E News  •    •  Posted 2022-12-19 15:29:36

Congress is planning on leaving Washington for the holidays this week after a productive lame-duck session, especially if lawmakers can follow through approving a fiscal 2023 spending package. Text of an omnibus could emerge as soon as Monday, particularly because Senate Republicans have said they will not work on negotiating full-year spending beyond this week. If talks break down, the GOP would then demand another stopgap into next year. [ read more … ]

 

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