News

The Energy 202: Trump administration has new energy buzzword

Source: By Dino Grandoni, Washington Post • Posted: Friday, May 26th, 2017

In the Trump administration, “energy dominance” has replaced “energy independence” as the go-to phrase for describing the federal government’s broad energy goals — in President Trump’s case, to promote as much oil, gas and coal development as possible. For years, if there was anything both Republicans and Democrats could agree on regarding energy policy (or at least the way they talked about energy policy), it was that the U.S. needed to be “energy independent.”

Abu Dhabi closes $872 million financing for world’s largest solar plant

Source: By Stanley Carvalho, Reuters • Posted: Friday, May 26th, 2017

Abu Dhabi’s government-owned power utility has closed a 3.2 billion dirham ($872 million) financing package for what will be the world’s largest solar power plant, the utility’s top official said on Wednesday. Abu Dhabi Water & Electricity Authority (ADWEA) raised $650 million in debt with the remaining $222 million raised in equity, Director General Saif Saleh al-Sayari told reporters.

Xcel CEO surprised by wind’s market power

Source: Daniel Cusick, E&E News reporter • Posted: Friday, May 26th, 2017

As head of the nation’s No. 1 utility provider of wind energy, Xcel Energy Inc.’s Ben Fowke is practiced at selling the virtues of wind power to customers and policymakers alike. But in an admission yesterday to industry officials gathered in Anaheim, Calif., Fowke said he didn’t always believe that wind power could meet more than a third of his company’s power portfolio, as it is projected to do by 2021. “Ten years ago, I would never have been comfortable with the amount of wind we have on our system today,” Fowke said at a session at Windpower 2017, the national conference of the American Wind Energy Association.

Solar giants join forces in quest for tariffs, survival

Source: Christa Marshall, E&E News reporter • Posted: Friday, May 26th, 2017

SolarWorld Americas is joining Suniva’s advocacy in favor of solar tariffs, putting most of the U.S. solar manufacturing industry’s heft behind a plan that could start a global trade war. Previously, SolarWorld had said it would stay out of Suniva’s petition to the International Trade Commission to enact tariffs. Suniva, which filed for bankruptcy last month, said it couldn’t compete in the U.S. solar manufacturing industry because of a flood of cheap cells primarily from Asia.

EPA has early draft of rollback of Clean Power Plan

Source: Emily Holden, E&E News reporter • Posted: Friday, May 26th, 2017

U.S. EPA has drafted the initial rulemaking for rescinding the Clean Power Plan and is developing a related economic analysis, according to an administration official with knowledge of the documents. The regulatory language, known as a “preamble,” is focused on the legal justification for nixing President Obama’s greenhouse gas standards for power plants.

Pruitt Unsure If EPA Will Replace Clean Power Plan

Source: By Jack Fitzpatrick, Morning Consult • Posted: Friday, May 26th, 2017

Environmental Protection Agency Administrator Scott Pruitt said Wednesday the agency may not replace the Obama administration’s greenhouse gas-cutting Clean Power Plan, which the Trump administration is reviewing. The rule was a cornerstone of former President Barack Obama’s actions on climate change and drew criticism from conservatives, including Pruitt, who said it would hurt the economy. As Oklahoma attorney general, Pruitt was involved in the lawsuit against the plan, which led the U.S. Supreme Court to issue a stay on it; he has recused himself from the lawsuit when he came to the EPA.

Looking for Trump’s Climate Policy? Try the Energy Department

Source: By BRAD PLUMER, New York Times • Posted: Friday, May 26th, 2017

Among energy experts, there is broad agreement that the world still needs major technological advances to halt global warming, like better batteries to integrate larger shares of solar and wind power into the grid, or carbon capture to curb pollution from cement plants. Historically, the Energy Department has nurtured these kinds of innovations, conducting basic research in its network of 17 national laboratories and aiding private firms struggling to bring risky technologies to market. But those efforts would be drastically scaled back under President Trump’s fiscal 2018 budget proposal, released on Tuesday, which proposes to cut the agency’s energy programsby $3.1 billion, or 18 percent below last year’s levels.

Groups Say Billions Needed To Jumpstart Stalled Wind Energy Development In Maine

Source: By Fred Bever, Maine Public Radio • Posted: Thursday, May 25th, 2017

After a decade of rapid growth, wind energy in Maine has hit the doldrums. No big new wind projects are likely to go live anytime soon, and it could cost billions to unlock enough of the state’s wind resource — the best in the region — to serve southern New England’s thirst for renewable energy.

Wind power will keep growing rapidly — and bring economic opportunity to rural America

Source: By Michael Goggin, Market Watch • Posted: Thursday, May 25th, 2017

The future of federal policies to cut carbon dioxide pollution for existing power plants, such as the Environmental Protection Agency’s Clean Power Plan rule, remains uncertain for the near term. But even with this uncertainty on carbon policy, other factors will continue to drive wind energy’s astronomical growth — benefiting in particular the rural and Rust Belt areas that are starved of economic opportunity

Trump’s ‘fossil-fuel fetish’ doesn’t make economic sense, legislator says

Source: By Rob Nikolewski, San Diego Union Tribune • Posted: Thursday, May 25th, 2017

“We’re delivering on our promises and our vision,” Kiernan told attendees. “We are not just here to stay but to grow and grow and grow.” According to the U.S. Energy Information Administration, the nation’s wind power generation capacity is expected to top 100 gigawatts by the end of next year, which would account for 9 percent of the electric power sector’s total generation capacity.