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Governors' Wind Energy Coalition

December 31, 2012

An Industry’s Future, Blowing in the Wind

By MATTHEW L. WALD, New York Times  •    •  Posted 2012-12-31 11:10:10

As I note in Friday’s paper, construction of new wind farms is going to grind to a halt with the end, at least temporarily, of the wind production tax credit. What’s next? The credit is worth 2.2 cents per killowatt-hour generated, beyond whatever the electricity can be sold for on the regional market. At some hours of the day, most or all of the revenue will come from the tax credit. [ read more … ]

Developers of Wind Farms Run a Race Against the Calendar

By MATTHEW L. WALD, New York Times  •    •  Posted 2012-12-31 11:10:45

Forget about parties, resolutions or watching the ball drop. To Iberdrola Renewables, New Year’s Eve will mean checking on last-minute details like the data connections between 169 new wind turbines in New Hampshire, Massachusetts and California and its control center in Portland, Ore. All over the country, developers are in a sprint to get new wind farms up and running before Tuesday, when the federal wind production tax credit will disappear like Cinderella’s ball gown. After that, the nation’s wind-farm building will be at a virtual standstill. [ read more … ]

Colorado’s wind energy industry’s fate hinges on federal tax credit

By Mark Jaffe, The Denver Post  •    •  Posted 2012-12-31 11:11:02

Colorado political and business leaders made a big push to develop a wind-turbine industry, which in the space of about six years created more than 5,000 jobs. Now, that is in jeopardy as the federal wind-production tax credit — equal to 2.2 cents for each kilowatt-hour that a wind farm produces — is set to expire at the end of this year. [ read more … ]

OPINION: Wistful hopes for US offshore wind energy

By Derrick Z. Jackson, BOSTON GLOBE COLUMNIST DECEMBER 29, 2012  •    •  Posted 2012-12-31 11:11:38

DESPITE ITS promise, the American wind industry is caught in the crosswinds of American politics — and that uncertain situation set up a surreal contrast when wind enterprises gathered here to tout their technologies.
The American Wind Energy Association’s conference exhibition hall was full of European and multinational firms that are busy plunging scores of turbines into their waters. German developers talked about how the industry has transformed rusting homeland harbors into bustling ports, while British officials boasted that industry investment in offshore wind will leap from $8 billion in the last decade to $80 billion in the next eight years. [ read more … ]

Buffett’s MidAmerican Starts Wind Farm Before Credit Ends

By Ehren Goossens – Dec 28, 2012 12:10 PM CT, Bloomberg  •    •  Posted 2012-12-31 11:11:58

MidAmerican Energy Holdings Co., the power provider owned by Warren Buffett’s Berkshire Hathaway Inc. (BRK/A), completed 300 megawatts of wind farms in California ahead of the expiration of a tax credit at the end of this year. MidAmerican Renewables LLC completed the 168-megawatt Pinyon Pines Wind I and the 132-megawatt Pinyon Pines Wind II projects near Tehachapi, the Des Moines-based company said today in a statement. The 100 Vestas Wind Systems A/S (VWS) 3-megawatt turbines will supply Edison International (EIX)’s Southern California Edison with electricity under long-term contracts. [ read more … ]

Jackson announcement spurs talk about possible successors

Lawrence Hurley and Paul Voosen, E&E reporters  •    •  Posted 2012-12-31 11:12:18

U.S. EPA Administrator Lisa Jackson announced yesterday that she is stepping down after four years in office, a move that is likely to spark a tough confirmation battle over her eventual successor. Jackson said in a statement that she was awaiting “new challenges,” having made “historic progress” on various issues, including air pollution, toxic chemicals and children’s health issues. She will depart after President Obama’s State of the Union speech next month. Bob Perciasepe, the deputy administrator, will serve as acting EPA administrator, assuming no one is confirmed by the time Jackson departs. He is also a possible contender to replace Jackson permanently (Greenwire, Nov. 1). [ read more … ]

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