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Governors' Wind Energy Coalition

January 25, 2023

Top Story

U.S., Europe Tussle Over Frenzy of Clean-Energy Subsidies

By Phred Dvorak and Jenny Strasburg, Wall Street Journal  •    •  Posted 2023-01-25 14:38:13

The already-frantic global competition for green-energy investment escalated Wednesday with the European Union’s competition chief calling massive incentives from the U.S. “toxic,” as the bloc prepares its own countermeasures. On Wednesday, the EU’s Margrethe Vestager said more climate-related spending is good for the environment and European companies, but the act contains what she called questionable provisions that run the risk of diluting the shared sense of purpose on tackling climate change. [ read more … ]

Wind Energy

Dead whales and tough economics bedevil Biden’s massive wind energy push

By Evan Halper, Washington Post  •    •  Posted 2023-01-25 14:37:29

The school-bus-size humpback whale that washed ashore on a narrow beach in Brigantine, N.J., this month weighed in at 12 tons and took a heavy emotional toll on coastal towns helplessly witnessing a spate of such deaths. The humpback was one of nine large whales to get stranded over six weeks on or near beaches in the Northeast, not far from where developers of hundreds of offshore wind turbines are engaged in a flurry of preconstruction activity. The deaths have prompted pushback against the projects even though government scientists say they are unrelated. [ read more … ]

NextEra shares tumble as revenue misses, head of key unit leaves

By Arunima Kumar, Reuters  •    •  Posted 2023-01-25 14:36:24

NextEra Energy Inc on Wednesday posted mixed quarterly results, sending its shares sliding as the renewable power company announced the retirement of the head of its key Florida utility unit.
NextEra, the largest generator of renewable energy in the United States, fell short of Wall Street’s revenue estimates, though executives said recent U.S. legislation should cause renewables to surge in coming years. [ read more … ]

States

One company could sink Massachusetts’ climate goals

By Benjamin Storrow, E&E News  •    •  Posted 2023-01-25 14:39:24

As Massachusetts races to slash its carbon emissions, the state has repeatedly turned to one company for clean energy. Now that approach might jeopardize its climate targets. Avangrid Inc. has won three of the five long-term power contracts awarded by Massachusetts since 2017. Since then, two of the company’s projects have floundered: a major offshore wind farm and a transmission line for hydropower. [ read more … ]

Grid

Largest U.S. grid faces tight timeline to curb wind, solar delays

By Anna Flávia Rochas, Reuters  •    •  Posted 2023-01-25 14:36:47

PJM’s new interconnection reforms, approved by the Federal Energy Regulatory Commission (FERC) in November, are set to reduce the delays that are hampering wind and solar developers. The aim is to clear the 250 GW of projects in the PJM interconnection queue, of which 95% are either solar, wind, battery or hybrid, by 2026. The PJM network is the largest in the U.S., spanning 13 states in central and eastern regions. [ read more … ]

Pollution

New technique from U.S. national lab promises to strip carbon dioxide emissions from power plants and factories at record-low cost

By Catherine Clifford, CNBC  •    •  Posted 2023-01-25 14:37:03

Scientists at one of the country’s premier research labs have discovered a record-cheap way to capture carbon dioxide as it’s emitted from power plants and factories, including the likes of iron and steel manufacturing facilities. Globally, industrial processes are responsible for 31 percent of total greenhouse gas emissions and electricity generation accounts for 27 percent, according to Bill Gates in his climate book, dwarfing the 16 percent of total greenhouse gas emissions that comes from the transportation sector. [ read more … ]

Americans see ‘carbon pollution’ as worse than ’emissions’

BY: MINHO KIM, E&E News  •    •  Posted 2023-01-25 14:37:51

The results mean policymakers, climate activists and green energy businesses may need to reconsider the use of the term “greenhouse gas emissions” when communicating to the public about the dangers of the climate crisis, researchers say. Already, climate activists and organizations are increasingly adopting the term “carbon pollution” to emphasize the harms that arise from a rapidly changing climate. [ read more … ]

EVs

Joe Manchin to Introduce Bill to Delay EV Tax Credits

By Yuka Hayashi, Wall Street Journal  •    •  Posted 2023-01-25 14:38:32

Mr. Manchin’s new bill follows a decision by the Treasury Department in December to delay the issuance of the rules on battery contents and minerals until March, while allowing the rest of the program to be implemented on Jan. 1. The bill directs the Treasury Department to stop issuing tax credits for vehicles that don’t comply with battery requirements. With strong support from Democratic lawmakers for the IRA, however, Mr. Manchin’s bill faces an uphill battle. A Democratic Senate aide said there was currently no co-sponsor for the bill and that he hasn’t reached out to other Democratic members of Congress.  [ read more … ]

Manchin bill slaps back at Biden in EV tax credit fight

By Hannah Northey, David Ferris, E&E News  •    •  Posted 2023-01-25 14:38:47

Senate Energy and Natural Resources Chair Joe Manchin took another swipe at the Biden administration Wednesday, releasing legislation that would stop the Treasury Department from issuing subsidies for consumer electric vehicles that don’t comply with strict sourcing requirements for batteries and battery minerals. The West Virginia Democrat brought out the “American Vehicle Security Act of 2023,” a bill that would bar automakers from making an end run around sourcing requirements under the newly minted Inflation Reduction Act, or IRA. [ read more … ]

Tesla supersizes ‘Gigafactory’ with big trucks and batteries

By David Ferri, E%E News  •    •  Posted 2023-01-25 14:39:03

Tesla Inc. unveiled plans Tuesday for a giant $3.6 billion expansion of its factory in Nevada that would nearly triple the company’s U.S. production of battery cells and produce large numbers of electric semitrucks. The growth plan swings the EV manufacturing spotlight back to Tesla after more than a year when other automakers, from Ford Motor Co. to Hyundai Motor Co. to Rivian Automotive Inc., announced their own EV factories and seemed to embody momentum in the electric vehicle market. [ read more … ]

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