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Governors' Wind Energy Coalition

December 3, 2013

PTC opponents unveil study, ad campaign

Nick Juliano, E&E reporter  •    •  Posted 2013-12-03 06:53:53

Opponents of an expiring renewable energy tax credit are rolling out a new study and ad campaign today arguing that some states receive more benefits than others. It’s the latest move in a long-running effort by the American Energy Alliance, a conservative advocacy group, and the Institute for Energy Research, its affiliated think tank, to eliminate the production tax credit, which supports the generation of wind electricity and a handful of other renewable sources. The credit is set to expire at the end of this year, although a modification enacted in January means wind developers can continue to claim it through at least 2015 as long as certain conditions are met. [ read more … ]

Millions for nation’s first offshore wind farm at risk

By The Associated Press  •    •  Posted 2013-12-03 06:54:10

As it seeks investors, a project off the Massachusetts coast that aims to be the nation’s first offshore wind farm must reach fast-approaching benchmarks or risk missing out on hundreds of millions in critical funding. To qualify for a tax credit that would cover a major portion of its capital costs, Cape Wind either must begin construction by Dec. 31 or prove it’s incurred tens of millions of dollars in costs by then. Also, a $200 million investment — the only one of a specific dollar amount Cape Wind has announced — is conditioned on whether developers can fully finance the rest of the project by year’s end. [ read more … ]

Commissioners to testify before House panel — sans Wellinghoff

Hannah Northey, E&E reporter  •    •  Posted 2013-12-03 06:54:28

House members are on tap to quiz the Federal Energy Regulatory Commission’s new acting chairwoman about the agency’s role in a changing energy landscape, marked by a dive into cheap natural gas and renewables, new environmental regulations, and LNG exports. [ read more … ]

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