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Governors' Wind Energy Coalition

April 2, 2014

4 governors sign letter urging renewal of wind production tax credit

Elizabeth Harball and Daniel Cusick, E&E reporters  •    •  Posted 2014-04-02 07:04:35

Touting wind energy as an important economic boon in their states, a bipartisan group of governors yesterday asked congressional leaders to renew the production tax credit (PTC) for the renewable energy technology. The PTC, which provides a 2.3-cent-per-kilowatt-hour subsidy to wind farms that began service or started meaningful development by the end of 2013, expired in December. But the wind industry and state leaders are lobbying to revive the credit program, arguing in a letter to Congress that the industry still depends on the PTC for survival. “If gas prices weren’t so cheap, I’d say that wind might be able to survive without the production tax credit, but I think it’s important that we not lose this industry even as we’re on the brink of it being able to stand alone without any support,” South Dakota Gov. Dennis Daugaard (R) said on a call with reporters yesterday organized by the American Wind Energy Association.
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Renewal of wind tax credit shows signs of life

Christopher Doering, Gannett Washington Bureau  •    •  Posted 2014-04-02 07:05:12

A credit to help the wind industry could soon be renewed, as lawmakers are expected to take it up this week along with nearly 50 other tax provisions that expired at the end of last year. The tax breaks, ranging from charitable contributions to corporate research, would be extended through 2015 as part of a sweeping proposal released by Sen. Ron Wyden, an Oregon Democrat who chairs the Senate Finance Committee, and the panel’s top Republican, Sen. Orrin Hatch of Utah. While the initial draft does not include production tax credits (PTC) for wind, geothermal, hydroelectric and other renewable power sources, a Wyden aide and officials representing the wind industry expected the measure to be included when the committee debates the bill Thursday. The draft included measures that were largely not controversial. [ read more … ]

PTC out, biofuels in extenders package to be marked up Thursday

Nick Juliano, E&E reporter  •    •  Posted 2014-04-02 07:05:32

Tax credits for biofuels and other gasoline alternatives, energy-efficient new homes and coal producers in Indian Country would be reinstated under legislation unveiled today by the Senate’s top tax writers. The wind industry and other renewable electricity producers still have some lobbying ahead of them, as Senate Finance Chairman Ron Wyden (D-Ore.) and ranking member Orrin Hatch (R-Utah) did not propose a renewal of the production tax credit (PTC), typically the most expensive of the energy provisions included in “tax extenders” bills. [ read more … ]

EPA sends rule for existing power plants to White House

Jean Chemnick, E&E reporter  •    •  Posted 2014-04-02 07:05:56

U.S. EPA sent its draft guidance for curbing carbon dioxide emissions from existing power plants to the White House yesterday, leaving two months for interagency vetting before the proposal’s expected June 2 release date. The Office of Management and Budget’s regulatory website reported the transfer this morning of the rule, a key component of President Obama’s Climate Action Plan. [ read more … ]

Grid seeing ‘greatest fuel shift in its history’ — operators

Hannah Northey, E&E reporter  •    •  Posted 2014-04-02 07:06:12

Excess generation will narrow and energy prices could become more volatile as more gas is used to produce electricity, said Kormos, who works for PJM — a grid operator that oversees the energy system in 13 states and the District of Columbia. “The electric power industry is in the midst of the greatest fuel shift in its history, and the PJM wholesale energy markets are managing through the transition,” he said [ read more … ]

Hoyer confronts ‘Greek tragedy’ during Annapolis homecoming

Josh Kurtz, E&E reporter  •    •  Posted 2014-04-02 07:06:27

Hoyer appeared at a state Senate Finance Committee hearing to speak in favor of a bill that would delay a proposed wind turbine project on farmland on Maryland’s Eastern Shore, near the Chesapeake Bay. Hoyer led a parade of political and civic leaders expressing fears that the wind farm could impede critical radar testing across the bay at Patuxent River Naval Air Station — and thus jeopardize the entire existence of the naval base, the economic driver for southern Maryland. [ read more … ]

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