Exelon, Entergy Nuclear Reactors Win Subsidies From New York

Source: By Jim Polson, Bloomberg • Posted: Tuesday, August 2nd, 2016

The New York plan is part of Governor Andrew Cuomo’s goal of getting half the state’s power from renewable sources by 2030. It establishes renewable energy credits to subsidize solar, wind, hydro, biomass and tidal power, as well as fuel cells. The decision stands in stark contrast to the strategy of other states looking to use cleaner energy. A bill that Massachusetts passed just hours earlier threatens to put New England’s last two reactors out of business by replacing them with renewable resources.

N.Y. OKs ambitious climate plan to boost renewables, nuclear

Source: Hannah Northey, E&E reporter • Posted: Tuesday, August 2nd, 2016

New York regulators today signed off on Democratic Gov. Andrew Cuomo’s plan for tackling climate change by rapidly expanding the state’s renewable footprint and throwing a lifeline to ailing nuclear reactors. The New York Public Service Commission approved key parts of Cuomo’s landmark clean energy standard, which requires the state’s electric sector to generate half its power from renewables by 2030.

Berkshire sees tax credits, Clean Power Plan as a better path than carbon tax

Source: By  Michael Lustig, SNL • Posted: Tuesday, August 2nd, 2016

A carbon tax may be the best way to reduce carbon emissions, according to most economists and theoreticians, but the idea is not as popular among regulators and utilities. Cathy Woollums, the chief environmental counsel at Berkshire Hathaway Energy, said the company, whose utility subsidiaries include Iowa-based MidAmerican Energy Co., Nevada-based NV Energy Inc. and PacifiCorp, does not favor a carbon tax, but instead prefers more “creative” solutions.

Iowa Bets Big on Wind Power

Source: By Emily J. Gertz, TakePart • Posted: Tuesday, August 2nd, 2016

Two Iowa utilities are investing a combined $4.6 billion to build 2,500 megawatts of new wind energy in the state over the next four years. On Wednesday, Alliant Energy announced a $1 billion, 500-megawatt expansion of its 200-megawatt Whispering Willow Wind Farm in north-central Iowa, while MidAmerican Energy announced that it had settled a rate agreement that would allow its Wind XI project, a $3.6 billion, 2,000-megawatt wind farm, to proceed.

Climate is a top campaign issue. Just don’t say ‘Clean Power Plan’

Source: Emily Holden, E&E reporter • Posted: Tuesday, August 2nd, 2016

“The Clean Power Plan is a level of detail that the public still doesn’t necessarily know so much about,” said David Goldston, head of governmental affairs for the Natural Resources Defense Council Action Fund. “You tend to emphasize, especially at this point, clean energy, cleaning up power plants, meeting the Paris accords.” He said Democrats in the short term are more likely to focus on GOP nominee Donald Trump’s stance that climate change is a “hoax” and to play up the economic benefits of renewable power.

Climate Change Divide Bursts to Forefront in Presidential Campaign

Source: By CORAL DAVENPORT, New York Times • Posted: Tuesday, August 2nd, 2016

Mrs. Clinton’s opponent in the November election, Donald J. Trump, has gone further than any other Republican presidential nominee in opposing climate change policy. He often mocks the established science of human-caused climate change and dismisses it as a hoax. The Republican platform calls climate change policy “the triumph of extremism over common sense.”

Hillary Clinton’s climate and energy policies, explained

Source: By David Roberts, VOX • Posted: Tuesday, August 2nd, 2016

“Generate enough renewable energy to power every home in America, with half a billion solar panels installed by the end of Hillary’s first term.” (That would mean installed solar PV capacity of 140 gigawatts by the end of 2020, up 700 percent from current levels and well beyond most forecasts.) Much of the green-infrastructure plan is part of Clinton’s larger infrastructure plan, with its proposed National Infrastructure Bank. It includes a “pipeline partnership” that would help cities and states more easily locate and repair leaky natural gas pipelines, various financing tools for grid investments to ease the spread of distributed energy, and investments in clean energy R&D.

New York Could Show the Way to Rescue U.S. Nuclear Plants

Source: BY TIMOTHY GARDNER, Reuters • Posted: Monday, August 1st, 2016

New York state and nuclear power have never been best friends, but the state is expected to decide as soon as Monday on a proposed subsidy plan that could furnish the rest of the country with a model for saving a struggling industry while reducing carbon emissions. Nuclear power is nearly carbon free, but many U.S. plants are losing money, hammered by sharply lower prices for rival fuel natural gas and lackluster demand for electricity. Five plants in states from Florida to California have shut since 2013 and many others are at risk. The New York Public Service Commission on Monday is expected to vote on whether to subsidize nuclear power plants under a proposed Clean Energy Standard, or CES.

Sharp rise in estimated bird deaths at Calif. ‘power tower’

Source: Phil Taylor, E&E reporter • Posted: Monday, August 1st, 2016

Nearly 6,190 birds died at the Ivanpah solar energy plant in Southern California’s Mojave Desert in its second year of operation, a 77 percent increase over the estimated fatalities from the previous year. The estimate by Western EcoSystems Technology Inc. (WEST), a contractor for the plant, is bringing fresh scrutiny to solar “power tower” facilities built to turn the sun’s heat into electricity. Two have been built on public lands in the U.S. Southwest with billions of dollars of federal loan assistance, and others are in development in Chile, South Africa and China

NextEra turns focus to repowering wind assets to capture tax credits

Source: By Lucas Bifera, SNL • Posted: Monday, August 1st, 2016

Turning old wind farms into new wind farms could become a cornerstone of NextEra Energy Inc.’s investment strategy in the coming years, especially if the company has stockpiled cheaper, more efficient turbine equipment during a broader pause in the wind industry’s development pipeline. NextEra management during a second-quarter earnings call emphasized the company’s decision to repower a pair of wind facilities in Texas totaling 327 MW for roughly $250 million, an investment it hopes to replicate across its wind holdings, so as to capture federal production tax credits for repowered wind plants, per guidance the Internal Revenue Service issued in May.