News

Cape Wind purchases Mass. marina to use as operations hub

Source: Nick Juliano, E&E reporter • Posted: Friday, August 24th, 2012

Developers of an upcoming offshore wind farm have purchased a Massachusetts marina to serve as the hub of operations for the project that is aiming to be the first offshore wind farm in the United States. Cape Wind CEO Jim Gordon announced today the purchase of East Marine in Falmouth, Mass., which the company plans to use as its operations and maintenance center for the 130-turbine project planned for Nantucket Sound. The center will create 50 permanent jobs employing highly paid engineers and other skilled workers, Gordon said.

Vestas cuts hundreds of U.S. wind power jobs with production tax credit in limbo

Special to E&E • Posted: Friday, August 24th, 2012

Vestas Wind Systems, the world’s largest maker of wind turbines, said it would cut an additional 540 jobs in the Americas by the end of the year as it prepares for lower demand next year while the renewal of the production tax credit (PTC) remains in limbo. The cuts are part of 1,400 jobs being eliminated at Vestas worldwide this year in addition to the 2,335 jobs the company cut in January. The new cuts will lead to savings of €250 million ($313 million) in fixed costs per year, the Danish company said.

Texas wind energy boom may go bust if tax subsidies disappear

Source: BILL HANNA, The Fort Worth Star-Telegram • Posted: Friday, August 24th, 2012

South of Sweetwater, hundreds of towering wind turbines from some of the nation’s largest wind farms dot ridge lines as far as the eye can see. North of town, crews are busily erecting new transmission lines to move more wind power from West Texas and the Panhandle to population centers like Fort Worth, Dallas and San Antonio. But the wind industry building boom, which has led Texas to be the nation’s leader in wind energy, could be nearing the end if the production tax credit expires at the end of the year.

Vestas cuts jobs as wind industry faces tax credit expiration

E&E • Posted: Friday, August 24th, 2012

The world’s largest wind turbine manufacturer will be cutting thousands of workers as the struggling company attempts to get out of the red. Denmark’s Vestas Wind Systems has said it will lay off 1,400 workers in addition to the 2,300 job cuts it announced at the beginning of the year.

Coal accounts for 10% of 8,100 MW added so far in 2012

Source: Daniel Cusick, E&E reporter • Posted: Wednesday, August 22nd, 2012

Natural gas and renewable energy resources have effectively replaced coal as the fuels of choice for electric utilities building new generation, according to new data from the Energy Information Administration. That finding, issued in a “Today in Energy” brief from the agency, comes as another dose of bad news for the U.S. coal industry. It has witnessed a steep drop-off in domestic demand as electric utilities increasingly look to alternative fuels to meet their needs

Many farmers in the Midwest still say climate change is bogus

E&E • Posted: Wednesday, August 22nd, 2012

Despite recent extreme weather events — flooding in 2011 and drought in 2012 — many Midwestern farmers still deny the existence of global warming. By 2030, climate change could cause $1.1 billion to $4.1 billion in losses for Corn Belt farmers, according to the Agriculture Department. Yet only 68 percent of Iowa farmers said they believed the climate was changing, and only about 10 percent of them attributed it to human causes, said an Iowa State University poll.

Vestas wind turbine firm to cut another 1,400 jobs

BBC • Posted: Wednesday, August 22nd, 2012

Danish wind turbine firm Vestas has announced plans to cut another 1,400 jobs as it prepares for a drop in business next year as demand slows. The company cut its forecasts for the shipments of turbines this year, and said 2013 would be “even tougher”.

China declares US energy projects violate free trade, stepping up trade spat

Source: Washington Post • Posted: Tuesday, August 21st, 2012

China’s government has ruled that U.S. government support to six American solar and wind power projects violates free trade rules, adding to strains between Beijing and its trading partners over renewable energy. The United States and China are the two biggest markets for renewable energy and have pledged to cooperate in developing technology. They accuse each other of improperly supporting their own producers and obstructing foreign competitors.

Is Iowa presidential vote riding on the wind?

Source: By Paul Hammel, WORLD-HERALD STAFF WRITER • Posted: Tuesday, August 21st, 2012

Rob Hach can’t recall the last time he, or any member of his family, didn’t vote Republican. He comes from a long line of German business owners, and Hach has turned three formerly vacant storefronts in a small, northwest Iowa town into an award-winning company that employs 26 people and builds testing equipment for wind farms.

Oregon, U.S. could lose wind power jobs

Source: By KTVZ.COM news sources • Posted: Monday, August 20th, 2012

Like the wind itself, the wind energy industry has blown hot and cold in Oregon. Some blame the lack of effort in Congress to extend the Production Tax Credit for alternative energy, set to expire in about four months. The standstill affects businesses like Met One Instruments in Grants Pass, which makes weather sensors and monitoring equipment.