The extension of a key tax credit at the beginning of this year will provide a significant boost in renewable energy installations –- especially from wind -– for the next few years, the Energy Information Administration said today. Congress in January extended the production tax credit through the end of this year and expanded its eligibility requirements for all eligible projects, requiring they must simply begin construction by Dec. 31 rather than requiring them to be complete by the deadline.
The Obama administration has an unprecedented opportunity in the next four years to expand renewable energy, according to a new report by the Wilderness Society that lays out recommendations for building a lasting policy framework to ensure President Obama’s clean energy goals are met in an environmentally responsible way. The Wilderness Society’s “blueprint for action,” set to be released today, applauds the work already done by the administration to promote renewables development on federal lands. But the report concludes that “long-term success requires a relentless focus on cementing those gains and tackling remaining challenges.”
While North America, China and Western Europe remain the world’s largest producers of wind energy, the sector is seeing its fastest growth in emerging markets, including Eastern European countries like Romania, Poland and Ukraine, and in two of Latin America’s economic powerhouses: Argentina and Brazil. Those are the latest findings from the World Wind Energy Association, which advocates for wind energy development from its headquarters in Bonn, Germany.
As debate looms on legislation that could lead to Nebraska getting a $300 million wind farm, Republican Gov. Dave Heineman reiterated his opposition Monday to the tax breaks that could pave the way for the project.
Like President Obama, the Democratic governors of Oregon and Washington, John Kitzhaber and Jay Inslee, are committed warriors in the fight against climate change. But also like the president and the dilemma he faces over the Keystone XL oil pipeline, both chief executives have yet to take a firm stance for or against what environmentalists see as a key threat to global climate — increased coal exports from the United States to energy-hungry markets in Asia.
Over the past few years, Wisconsin’s wind industry has faced an unreasonable number of obstacles, more than any other form of energy production, nearly grinding the job- and energy-creating potential of this critical sector to a halt. If Wisconsin is going to move its economy forward, it needs to stop pushing back and open the door to clean, renewable wind energy. Fortunately, the door has started to creak open.
The U.S. offshore wind industry may be lagging behind its counterparts in Europe and Asia, but that rear guard position also presents the opportunity to learn from their successes and failures, analysts and advocates said yesterday during a teleconference hosted by the law firm Orrick, Herrington & Sutcliffe LLP.
Three former top energy and security officials are taking a stab at the cybersecurity challenges facing the electric power sector. The Bipartisan Policy Center announced the launch of an Electric Grid Cyber Security Initiative that will develop recommendations about how the government and private companies can protect the grid from cyberattacks. The initiative will be co-chaired by retired Gen. Michael Hayden, former director of the Central Intelligence Agency and National Security Agency; Curt Hebert, a former chairman of the Federal Energy Regulatory Commission and former executive vice president of Entergy Corp.; and Susan Tierney, former assistant secretary for policy at the Department of Energy and a former Massachusetts public utility commissioner.
Wide majorities of likely Illinois voters believe it is important that the state maintain its commitment to increase its use of renewable power and support legislation that would achieve this goal by fixing the state’s broken renewable portfolio standard (RPS) law, according to a Zogby survey released today.
The sun yesterday unleashed its largest solar flare so far this year. The coronal mass ejection was determined to be an “X-class” flare, or the largest of its type. The solar activity is among an increased number of flares occurring at the peak of the sun’s 11-year activity cycle.