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Governors' Wind Energy Coalition

January 15, 2013

Policy uncertainty spurred 2012 plunge in U.S. investments — report

Nick Juliano, E&E reporter  •    •  Posted 2013-01-15 12:48:47

Clean energy investment in the United States fell nearly a third last year compared with 2011, largely driven by uncertainty around the fate of a key tax break, slackening demand from state renewable energy mandates, falling costs for renewable technology and competition from natural gas, according to research released today. [ read more … ]

China Working to Cut Idled Wind Farm Capacity, Official Says

By Bloomberg News  •    •  Posted 2013-01-15 12:49:08

China, the world’s biggest carbon emitter, is making progress in connecting idled wind farms to the electricity grid, helping to address a roadblock slowing the development of wind power. “The issue is in the process of improvement, given the efforts made by grid companies,” Jiang Liping, vice president of the State Grid Energy Research Institute, said in a phone interview on Jan. 10, without disclosing the connection rate. The adoption of wind power in China has been damped by the electricity grid’s ability to handle the influx of energy, forcing the government to impose stricter approvals on new projects. The rate of wind capacity sitting idle could fall to as low as 10 percent this year, compared with 25 percent at the end of 2011, Jun Ying, Bloomberg New Energy Finance’s head of research in China, said by e-mail. [ read more … ]

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