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Governors' Wind Energy Coalition

February 28, 2013

Carper to introduce bill extending investment tax credit

Phil Taylor, E&E reporter  •    •  Posted 2013-02-28 13:09:31

Sen. Tom Carper (D-Del.) today is expected to reintroduce a bill offering tax credits for the first companies to build offshore wind projects in the United States. Carper’s bill would offer a 30 percent investment tax credit for the first 3,000 megawatts of new offshore wind projects, which would likely cover at least the first several projects. Carper said he is hoping his bill can be part of a comprehensive overhaul of the tax code. [ read more … ]

AWEA Fact check: Harvard study misses real-world facts about wind power

by Michael Goggin, AWEA Manager-Transmission Policy  •    •  Posted 2013-02-28 13:09:50

A recent [Harvard] study errs in its assessment of potential wind energy resources by ignoring real-world data and experience and instead relying on crude theoretical modeling techniques. In reality, wind project developers and investors work closely with atmospheric scientists and other experts to make sure that their projects will produce as much as expected, and real-world data from large-scale wind installations in the US and Europe confirms that they do. Regardless of who is correct, the inescapable fact is that America’s developable wind energy resources are many times greater than our country’s energy needs. [ read more … ]

‘Coal is a dead man walking’ — Bloomberg

Manuel Quinones, E&E reporter  •    •  Posted 2013-02-28 13:10:16

New York City Mayor Michael Bloomberg blasted coal-fired power generation today during a high-profile Energy Department innovation summit just outside Washington, D.C. “The king is dead. Coal is a dead man walking,” Bloomberg said during the Advanced Research Projects Agency-Energy (ARPA-E) conference. “We are heading toward the sustainable future that we all want.” [ read more … ]

Key Republican senators offer funding for R&D from subsidies, drilling revenue sharing

Katherine Ling, E&E reporter  •    •  Posted 2013-02-28 13:10:32

“I would take $12 million in the subsidies to wind to begin to double energy research,” Alexander said today after a speech at the Advanced Research Projects Agency-Energy (ARPA-E) fourth annual Innovation Summit at the National Harbor in suburban Washington, D.C. The senator, who has criticized wind energy subsidies in particular in the past, said during his speech that he would target “subsidies,” not just wind, as places to find funding for R&D. [ read more … ]

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