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Governors' Wind Energy Coalition

January 16, 2013

Rep. Paul Tonko of N.Y. replaces Green on critical House subpanel

Hannah Northey, E&E reporter  •    •  Posted 2013-01-16 13:06:47

Rep. Paul Tonko of New York will replace Rep. Gene Green of Texas as the ranking Democrat on the House Energy and Commerce Subcommittee on Environment and the Economy, potentially ushering in a new focus on renewable energy technologies.

Although Green decided to step aside to focus on health issues as a member of the Energy and Commerce Subcommittee on Health, the conservative oil-patch lawmaker will continue to sit on the Environment and Economy Subcommittee, just not as ranking member. Tonko is an ardent supporter of clean energy power and federal incentives and has crafted legislation to improve gas turbine efficiency, authorize wind energy research and development, encourage combined heat and power, advance fuel cell applications, create tax credits for waste heat recapture and require oil companies drilling on public lands to disclose campaign contributions. [ read more … ]

Treasury, IRS preparing guidance to clarify renewable credit eligibility

Nick Juliano, E&E reporter  •    •  Posted 2013-01-16 13:07:06

The Treasury Department and IRS are preparing joint guidance to flesh out the implications of a significant tweak to a key renewable energy tax cut that was signed into law this month, an official said yesterday. The timing of the guidance on the new eligibility requirements for the production tax cut remains unclear. Treasury and IRS need to determine how exactly to define when wind and other renewable energy developers can claim the credit after Congress approved a change to its eligibility requirements. [ read more … ]

Lawmaker looks to broader reform debate to pass bill eliminating energy credits

Nick Juliano and Manuel Quinones, E&E reporters  •    •  Posted 2013-01-16 13:07:29

Rep. Mike Pompeo (R-Kan.) yesterday reintroduced legislation aimed at eliminating tax credits for energy producers and suggested he could support broadening the scope of his effort to also target other incentives, such as deductions enjoyed by the oil and gas industry, in an effort to attract bipartisan support to eliminate all energy-related favors as part of a broader tax reform push. Pompeo’s bill, H.R. 259, introduced yesterday with 11 Republican co-sponsors, is virtually identical to legislation he introduced in the previous Congress. It would eliminate more than a dozen tax credits, most notably the production tax credit for wind and other renewable sources, as well as credits for biodiesel, alternative fuels and electric cars. [ read more … ]

Calif.’s renewable energy rules created a boom, and now also a bust

Anne C. Mulkern, E&E reporter  •    •  Posted 2013-01-16 13:07:47

California’s renewable energy mandate has fueled growth of green power so swiftly that utilities here won’t need to buy much more for several years, officials said yesterday. Pacific Gas and Electric Co. (PG&E), Southern California Edison (SCE) and San Diego Gas & Electric Co. (SDG&E) all are on track to hit the state’s 33 percent renewable portfolio standard (RPS) by 2020. They’ll reach that target with energy already under contract, creating a bust for developers that were hoping for continued growth, experts said at the American Wind Energy Association’s (AWEA) regional summit [ read more … ]

Developer plans wind transmission line off N.J. coast

E&E  •    •  Posted 2013-01-16 13:08:04

A private developer with plans to build a chain of offshore wind farms along the East Coast announced plans today to build its first section of underwater transmission lines off the coast of New Jersey in 2016. [ read more … ]

Breaking New Ground on Grid Rules

By MATTHEW L. WALD, New York Times  •    •  Posted 2013-01-16 13:08:20

Among the “firsts” being tried by the Atlantic Wind Connection, the venture seeking to build an electric transmission line from southern Virginia to northern New Jersey, is negotiating the regulatory system. The problem is that the cable, which would be buried under the seabed, is what grid officials call a “multidriver project,” or a project that is undertaken for more than one reason — something that those officials have little experience with. To be built, the project must win the approval of the regional grid association, the PJM Interconnection. (The letters used to stand for Pennsylvania-Jersey-Maryland, but the organization now extends into all or part of Virginia, West Virginia, Delaware, Ohio and Illinois.) And PJM has three different systems for approving lines and apportioning their costs. [ read more … ]

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