The Danish wind turbine manufacturer Vestas received a financial lift on Friday as it announced a joint venture with Mitsubishi Heavy Industry of Japan to develop offshore wind energy. While Vestas is the world’s largest maker of wind turbines, along with General Electric, it has been slow to move into the market for offshore turbines. That has allowed Siemens in Europe to gain an expanding share of the small but fast-growing sector
The Federal Energy Regulatory Commission this week defended one of its largest and most controversial rules in a federal appeals court against a host of state regulators, utilities and industry groups that have accused the agency of overstepping its authority. FERC told the U.S. Court of Appeals for the District of Columbia Circuit that it acted within its legal rights under the Federal Power Act to issue its 2011 ruling, dubbed “Order 1000,” which aims to transform the way power lines are planned across the country.
The White House is considering other candidates to replace President Obama’s troubled pick of Colorado regulator Ron Binz to lead the Federal Energy Regulatory Commission, a spokesman for the Senate Energy and Natural Resources Committee said today. “The committee is aware other candidates are being considered for FERC,” said Keith Chu, spokesman for Chairman Ron Wyden (D-Ore.).
A House committee this week will revive a debate that has been dormant on Capitol Hill for most of this year with a hearing examining the implications of a key renewable energy tax credit that again is set to expire in a few months. The future of the wind production tax credit was among the biggest energy policy issues debated in Congress last year, leading to an eleventh-hour extension in January as part of a broader fiscal package. Since then, lawmakers have turned their attention elsewhere, and the fate of the PTC fell in with broader negotiations around a comprehensive overhaul of the tax code.
Two Colorado companies are teaming up to build more wind farms across the United States. Danish Vestas Wind Systems, with four manufacturing plants along Colorado’s Front Range, said Friday it’s reached an agreement to supply up to 610 megawatts worth of wind turbines to Broomfield’s Renewable Energy Systems Americas Inc. — better known as RES Americas. Vestas also announced Friday it had received the first order from the RES supply agreement, for 60 megawatts worth of wind turbines. The agreement calls for Vestas to supply its V100-2.0 MW turbine for all of RES’s wind farm projects, up to 610 megawatts. Those projects are expected to happen in 2014 and 2015.
After a lackluster 2012, wind power in Texas is on the rebound. Through the first eight months of the year the amount of power generated by wind farms within Texas’ electrical grid surpassed 23 million megawatts. That’s up almost 20 percent from last year and is the largest increase since 2010, according to data released last week by the Electric Reliability Council of Texas.
The campaign arm for Senate Republicans wasted no time today criticizing Democratic lawmakers and candidates in seven states over U.S. EPA’s new proposals to reduce greenhouse gas emissions from new coal plants
In a news release targeting Sen. Kay Hagan (D-N.C.), the National Republican Senatorial Committee wrote that the proposed rules would “cripple the coal industry.” The releases also aim to tie GOP targets like Hagan, who won her first term by defeating then-Sen. Elizabeth Dole (R) in 2008, to President Obama’s administration.
U.S. EPA’s just-released proposal that for the first time would require all future coal-fired power plants to capture and store a share of their carbon dioxide emissions has set off an immediate war of words between industry groups, which oppose it, and environmentalists and their political allies, who embrace it.
The Obama administration on Friday announced that it was not backing down from a confrontation with the coal industry and that it would press ahead with enacting the first federal carbon limits on the nation’s power companies. The proposed regulations, announced at the National Press Club by Gina McCarthy, the administrator of the Environmental Protection Agency, are an aggressive move by Mr. Obama to bypass Congress on climate change with executive actions he promised in his inaugural address this year. The regulations are certain to be denounced by House Republicans and the industry as part of what they call the president’s “war on coal.”
The Obama administration is “absolutely” standing by its nomination of Ron Binz to head the Federal Energy Regulatory Commission, despite bipartisan opposition on a key Senate committee currently vetting the nominee, a White House spokesman said today.