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Governors' Wind Energy Coalition

March 20, 2014

Offshore wind farm rejected in N.J.

JONATHAN LAI, INQUIRER STAFF WRITER, Philadelphoa Inquirer  •    •  Posted 2014-03-20 07:01:15

New Jersey’s energy regulation agency on Wednesday rejected the funding mechanism for a $188 million offshore wind farm, essentially blocking a proposal that supporters said could have made the state a leader in offshore wind. At a meeting Wednesday in Trenton, the four commissioners of the state Board of Public Utilities voted unanimously, in support of board staff’s recommendation, to reject the proposal. The funding was the final necessary piece of the proposed Atlantic City Offshore Windfarm project, developer Fishermen’s Energy said. Without it, the project remains dead in the water. The plan involved five turbines almost three miles off the coast of Atlantic City in a pilot program generating about 25 megawatts of electricity. [ read more … ]

Wholesale power prices in New England jumped 55% in 2013

Rod Kuckro, E&E reporter  •    •  Posted 2014-03-20 07:01:32

Higher natural gas prices and a lack of adequate pipeline capacity pushed wholesale prices for electricity up 55 percent in 2013, according to data released yesterday by ISO New England, the region’s grid manager and operator of its wholesale electricity markets. The news comes as no surprise as New England’s six states are literally at the end of the nation’s energy pipeline. What to do about it is another matter. [ read more … ]

Obama Turns to Web to Illustrate the Effects of a Changing Climate

By CORAL DAVENPORT, New York Times  •    •  Posted 2014-03-20 07:01:57

President Obama wants Americans to see how climate change could deluge or destroy their own backyards — and to make it as easy as opening a web-based app As part of an effort to make the public see global warming as a tangible and immediate problem, the White House on Wednesday inaugurated a website, climate.data.gov, aimed at turning scientific data about projected droughts and wildfires and the rise in sea levels into eye-catching digital presentations that can be mapped using simple software apps. The project is the brainchild of Mr. Obama’s counselor, John D. Podesta, and the White House science adviser, John P. Holdren. [ read more … ]

New White House initiative tries to sway public on climate threats

Jean Chemnick, E&E reporter  •    •  Posted 2014-03-20 07:02:15

The White House launched an effort today aimed at helping communities and individuals understand their vulnerability to climate change, starting with rising sea levels that will swamp the coasts. The Climate Data Initiative springs from President Obama’s commitment last year to improve how the government provides information about warming. It’s also part of a broader push spearheaded by White House counselor John Podesta to make climate change more tangible to an American public that polls suggest sees the issue as distant and theoretical. [ read more … ]

German Energy Push Runs Into Problems

By MELISSA EDDYMARCH, New York Times  •    •  Posted 2014-03-20 07:02:33

It is Germany’s national goal: to have the bulk of its energy supplied by renewable power sources by 2050, without endangering the country’s powerful industrial sector or an export-based economy that is the envy of other Europeans. This energy push, known as the Energiewende, or energy transformation, took on new urgency with the decision to speed up the phasing out of nuclear power after the 2011 Fukushima disaster. But the question of whether Germany can meet its 2050 goal has been hotly debated. And the issue has taken on added importance with the Russia-Ukraine crisis threatening Germany’s largest single source of natural gas. [ read more … ]

With virtual power purchase agreements, companies go long on renewable energy

Nathanael Massey, E&E reporter  •    •  Posted 2014-03-20 07:02:48

Absent government subsidies or a carbon tax, it may take more than a decade for renewable energy from wind and solar to become cost competitive with cheap natural gas. Despite years of steady, sometimes precipitous cost declines, the price of renewable power still hovers well above market prices. Nevertheless, some companies are making long-term bets on green power. Looking for a hedge against the volatile price swings of fossil fuels, they are turning to a new kind of contract, called a virtual power purchase agreement (VPPA), to lock in power prices for decades to come. [ read more … ]

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