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Governors' Wind Energy Coalition

August 12, 2014

IRS guidance clarifying PTC eligibility seen as boon for developers

Nick Juliano, E&E reporter  •    •  Posted 2014-08-12 04:45:26

The IRS on Friday clarified how it will evaluate companies hoping to take advantage of an expired renewable energy tax credit. The IRS guidance is expected to increase the number of firms willing to move forward with projects comfortable they would be eligible for the production tax credit (PTC) or investment tax credit (ITC) for wind, geothermal, biomass and other projects. The credit expired at the end of last year, but developers are still eligible as long as they started construction or sufficiently invested in the project in 2013. [ read more … ]

US Installs 835MW New Wind Energy So Far In 2014, 14.6GW On The Way

by Silvio Marcacci, Clean Technica  •    •  Posted 2014-08-12 04:45:56

America’s solar market boom has outshined other renewables in recent news, but the latest wind industry update is a reminder new turbines can save money and boost economies across the country – despite doldrums caused by federal policy inaction. [ read more … ]

Texas becomes ground zero for surge in wind power

Javier E. David, CNBC, USA TODAY  •    •  Posted 2014-08-11 06:28:33

Texas has invested about $7 billion in a sprawling wind power network that spans nearly 4,000 miles. Wind power generates more than 12,000 megawatts (MW) of electricity for the state, according to the Texas’ Public Utilities Commission. The state ranks first in the country for total MW of wind power capacity. Earlier this year, the state smashed a U.S. record for the most power generated from air power. A combination of public subsidies, new federal carbon regulations and private investment has made Texas “one of the fastest growing hubs in the world for wind energy,” said Matthew Senicola, registered representative of JHS Capital Advisors. [ read more … ]

Is Texas considering bucking power plant rule?

Jean Chemnick, E&E reporter  •    •  Posted 2014-08-11 06:28:55

“I hear some states are considering all options including that one,” he said. “We have not even begun to consider how we will respond to a final rule. Instead, we will continue to work through the process to encourage EPA to modify the rule to accurately follow the Clean Air Act and not dramatically expand federal control over state implementation approach.” He reiterated in the email that Texas would challenge what he called EPA’s “overreach” in the rule. “However, it is much too early to suggest that would be through suing EPA,” he said. “We are still working through the administrative process to encourage EPA to improve the rule.” [ read more … ]

New England is a model for reducing emissions — EPA official

Kevin Miller, Portland [Maine]Press Herald  •    •  Posted 2014-08-11 06:29:15

New England could be a model for tackling carbon emissions as the Obama administration pushes for national reductions in greenhouses gases, said a U.S. EPA official. Curt Spalding, EPA administrator for Region 1 in New England, praised the nine Northeastern states for the progress they had made in reducing emissions. They have seen their gross domestic product grow 22 percent and have reduced emissions by 20 percent since 1999, he said. [ read more … ]

Work continues on $640 million high-voltage power line from Mapleton to Twin Cities

By Patrick Springer, Fargo Forum  •    •  Posted 2014-08-12 04:46:22

Work will continue through winter. Frozen ground actually facilitates work in marshy terrain, he said. The new line will improve reliability of electrical service in Fargo and will help to move power from North Dakota wind farms and, during winter, from Minnesota power plants to Fargo, he said. [ read more … ]

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