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Governors' Wind Energy Coalition

January 22, 2023

Top Story

Green groups, tech companies fight $4B Iowa wind project

By Jeffrey Tomich, E&E News  •    •  Posted 2023-01-22 11:32:11

The largest-ever wind energy proposal in Iowa is getting blowback from some of the biggest champions of renewable energy — environmental groups and technology companies hungry for carbon-free power to run their data centers. It’s not that critics don’t want more wind on the grid. But they say the nearly $4 billion that MidAmerican Energy Co. plans to invest almost exclusively in wind power could be better spent, especially considering tax incentives in the federal Inflation Reduction Act that improve the economics of solar energy and battery storage. [ read more … ]

Wind Energy

The Wind Industry’s Success Has Become Its Biggest Threat

By Will Mathis and Akshat Rathi, Bloomberg  •    •  Posted 2023-01-22 11:33:13

While governments all over the world are raising their ambitions to replace fossil fuels with clean electricity, the companies expected to deliver that shift are under financial pressure. Executives are starting to sound the alarm: Growing the industry enough to avoid catastrophic climate change will require trillions of dollars of additional investment, and the ability for wind-power companies to make healthy returns. At the moment, that path to viability is complicated by the rising cost of borrowing money to build clean power plants, plus increased competition; in the future, it could be further complicated by European windfall taxes on renewable power producers. [ read more … ]

Vineyard Wind construction gains speed as industry struggles

By Benjamin Storrow, E&E News  •    •  Posted 2023-01-22 11:34:13

ffshore wind has struggled to take hold in the United States, even as it has expanded in Europe and Asia. But signs of a coming wind boom are mounting here on Cape Cod, where the first major offshore project is inching forward. A substation that will connect Vineyard Wind I to the New England power grid is more than half complete. Major portions of the transmission cable, which will link the 62-turbine project in federal waters south of Martha’s Vineyard to land, already have been laid. On Tuesday, construction crews pulled a segment of one cable through a tunnel beneath a Barnstable beach, completing a symbolic connection between shore and sea. [ read more … ]

Floating offshore wind project off of Maine moves ahead

By Associated Press  •    •  Posted 2023-01-22 11:30:34

A plan for a floating offshore wind research array off Maine has cleared a key hurdle with federal regulators. The Bureau of Energy Management on Thursday announced it has made a determination of no competitive interest for the proposal. That means the agency will move ahead with the state of Maine’s research application for the project. Democratic Gov. Janet Mills has backed wind power as part of the state’s energy future. The state has also prohibited offshore wind projects in state waters to try to ease concerns raised by commercial fishermen. [ read more … ]

Europe Failing on Renewables as Cost Fears Bite, Vestas CEO Says

By Rachel Morison, Bloomberg  •    •  Posted 2023-01-22 11:35:25

Europe is failing on its renewable energy plan as the cost of development soars, according to the world’s biggest wind-turbine maker. Clean energy developers should be “building like crazy” to meet European Union renewable-capacity targets, Vestas Wind Systems A/S Chief Executive Officer Henrik Andersen said in an interview. Power prices are so high right now that steep construction costs should not stymie projects, he said. [ read more … ]

King Charles says public, not royals, should benefit from wind farm profits

By Karla Adam, Washington Post  •    •  Posted 2023-01-22 11:30:11

Amid a deepening cost-of-living crisis in Britain, King Charles III announced that an expected surge in profits from wind farm deals that could have boosted the royal coffers should instead be spent on the public. The move may help burnish the new king’s reputation and is line with his first Christmas Day broadcast, in which he recognized people struggling to “pay their bills and keep their families fed and warm.” It also offers a bit of boosterism for Britain’s renewable energy industry, from a longtime climate crusader who has tempered his activism since becoming king. [ read more … ]

Solar Energy

House Republicans seek to roll back Biden’s solar policy

By Brian Dabbs, E&E News  •    •  Posted 2023-01-22 11:30:58

House Republicans are aiming to reverse a controversial Biden administration move to waive solar tariffs that seek to block heavily subsidized Chinese products from flooding the U.S. by way of Southeast Asia. Rep. Bob Latta (R-Ohio), a high-ranking member of the Energy and Commerce Committee, plans to bring administration officials before the panel to grill them on the decision, which was initially made in June and finalized by the Commerce Department in September. Latta also is signaling that Republicans are interested in deploying a rarely used legislative tool — the Congressional Review Act (CRA) — to formally revoke the Biden administration’s decision. [ read more … ]

States

Murphy Makes Progress but Loses Title of ‘America’s Greenest Governor’ in New Jersey LCV’s Environmental 2022 Report Card

By Ed Potosnak, New Jersey League of Conservation Voters  •    •  Posted 2023-01-22 11:31:36

While he has made significant progress in the clean energy space, Governor Murphy has lost his title of “America’s Greenest Governor” in a progress report card released today by the New Jersey League of Conservation Voters who regularly convenes a group of environmental advocates to assist in such evaluations. Reflecting on the Governor’s progress in 2022, the first year of his second term, New Jersey LCV and their partners hailed the governor’s leadership on issues ranging from offshore wind to furthering the state’s green jobs sector. [ read more … ]

New England clean energy goals slam into oil reality

By Miranda Willson, E&E News  •    •  Posted 2023-01-22 11:32:40

New England power plants burned more oil for electricity on a single day during last month’s deep freeze than they have in four years, underscoring the gap between Northeastern states’ clean energy targets and the current resource mix in the region. [ read more … ]

Can electric companies win the smart home?

By Jason Plautz, E&E News  •    •  Posted 2023-01-22 11:34:44

NRG Energy Inc. wants to have a bigger presence in customers’ homes, but first, the power company has some convincing to do. Houston-based NRG announced plans in December to buy Vivint Smart Home Inc. for $2.8 billion in a deal that marks a new opportunity for the electricity sector — even though it sent NRG’s stock tumbling.
[ read more … ]

Climate

Temps in one of Earth’s coldest corners hit a 1,000-year high

By Chelsea Harvey, E&E News  •    •  Posted 2023-01-22 11:29:35

Some of the coldest parts of the Greenland ice sheet have hit their warmest levels in at least a millennium — and the amount of melting they’re experiencing has also probably hit a thousand-year high. The findings in a new study underscore a grim trend for the world’s second-largest ice sheet. Temperatures are steadily rising, the ice is gradually shrinking and the world’s frozen places are vulnerable to the steady march of climate change. [ read more … ]

FERC

Court lambasts FERC’s lengthy delay in ratemaking disputes

By Barbara Grzincic, Reuters  •    •  Posted 2023-01-22 11:33:27

A U.S. appeals court chided the Federal Energy Regulatory Commission for taking four to six years – and counting – to resolve three complaints about the rates charged by the Entergy subsidiary that operates the Grand Gulf Nuclear Station in Mississippi. The 5th U.S. Circuit Court of Appeals on Wednesday stopped short of setting a deadline for FERC to rule on the ratemaking disputes, in which the Louisiana Public Service Commission alleges that FERC-approved rates are overcharging consumers hundreds of millions of dollars. [ read more … ]

EVs

U.S. strikes at China with EV battery deal

By David Iaconangelo, E&E News  •    •  Posted 2023-01-22 11:33:51

The U.S. moved this week to counter China’s control over production of electric vehicle batteries at a time of widespread concerns over global shortages of key minerals and labor abuses in African mines. In a memorandum of understanding Wednesday, the State Department pledged to help build an EV battery supply chain in Congo and Zambia. The department and other U.S. agencies will offer technical assistance to the two countries, cooperate on feasibility studies and explore opportunities in the sector for U.S. companies, according to the MOU. [ read more … ]

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