Dong Energy, Wind Power Operator, to Pursue I.P.O. in Copenhagen

Source: By CHAD BRAY, New York Times • Posted: Thursday, May 12th, 2016

Dong Energy, the Danish utility and the world’s largest offshore wind energy operator, said on Thursday that it planned to list its shares in an initial public offering in Copenhagen. The company first announced plans to pursue an I.P.O. in September after a review.

A Powerful 1-2 Punch: Renewable Energy Tax Credits and the Clean Power Plan

Source: By Jeff Deyette, Union of Concerned Scientists • Posted: Thursday, May 12th, 2016

The clean energy transition is well underway in the United States, but strong policies are needed to keep the momentum going. Today the Union of Concerned Scientists is releasing a new analysis showing how two federal measures—the recently extended wind and solar tax credits and the Clean Power Plan—can work together to provide a powerful and affordable boost for clean energy while helping to cut power sector carbon emissions. What’s more, our analysis finds these policies can also deliver significant economic and health benefits to consumers nationwide.

New Mexico breezes into wind-energy gigawatt club

Source: By Kevin Robinson-Avila, Journal Staff Writer • Posted: Thursday, May 12th, 2016

New Mexico became the seventeenth state in the U.S. in December to surpass the 1,000-megawatt mark for installed wind energy capacity, following the startup of a 250-megawatt wind farm in Roosevelt County. New Mexico is now generating 1,112 MW of electricity from a dozen utility-scale wind installations, or enough electricity to power 190,000 homes every year, according to a recent report from the American Wind Energy Association.

‘We’re not ready to go to conference’ — Upton

Source: Geof Koss, E&E reporter • Posted: Thursday, May 12th, 2016

A key Republican last night said the House is unlikely to name conferees to reconcile the competing energy bills this week, thereby punting on a development that was expected and stalling progress on the legislation. Before the recess, members and aides said conferees could be named as early as this week, but House Energy and Commerce Chairman Fred Upton (R-Mich.) yesterday said the lower chamber is still mapping out its strategy

Big Oil Unexpectedly Backing Newest Non-Fossil Fuels

Source: By oe Ryan, Bloomberg • Posted: Wednesday, May 11th, 2016

Big oil is dipping a few more toes into clean energy. Exxon Mobil Corp. is partnering with a company to capture carbon-dioxide emissions from power plants. Total SA, the French oil supermajor, announced a $1.1 billion deal Monday to buy the battery maker Saft Groupe SA, complementing its 2011 purchase of a majority stake in the solar-panel maker SunPower Corp. And the Canadian pipeline company Enbridge Inc. announced Tuesday it will pay $218 million for stakes in offshore wind farms as it attempts to double its low-carbon generating capacity.

NM Wind Energy Industry Reaches Major Milestone

Source: By Mark Richardson, Public News Service • Posted: Wednesday, May 11th, 2016

New Mexico’s wind-energy industry has reached a major milestone, and analysts say the state is well-positioned to expand its renewable power capacity. Industry experts say the state has excellent wind resources, and investors already have put almost $2 billion into developing wind energy in the state. John Hensley, manager of industry data and analysis for the American Wind Energy Association, said the state’s wind-energy capacity is growing rapidly.

Kan. makes it official: no more work on EPA climate rule

Source: Elizabeth Harball, E&E reporter • Posted: Wednesday, May 11th, 2016

Kansas Gov. Sam Brownback (R) has barred state agencies from moving forward on U.S. EPA’s regulation to reduce carbon emissions from power plants unless it is deemed legal. Brownback, already a critic of the Clean Power Plan, signed S.B. 318 into law Friday suspending all work on the climate regulation.

U.S. Utilities Boost Investments in Wind, Solar Power

Source: By Cassandra Sweet, Wall street Journal • Posted: Wednesday, May 11th, 2016

Large U.S. utilities are taking advantage of government subsidies to buy and produce more renewable energy in anticipation of tougher new regulations on carbon emissions. Duke Energy Corp. , Southern Co. and the energy unit of Warren Buffett’s Berkshire Hathaway Inc. are among the utility companies that are investing more in solar and wind farms and ramping up purchases of clean power, spurred by renewable-energy mandates in more than half the nation’s states and expected federal limits on greenhouse-gas emissions.

Senate energy spending bill nears finish line

Source: George Cahlink, E&E reporter • Posted: Wednesday, May 11th, 2016

The Senate is planning to pass its $37.5 billion fiscal 2017 energy and water spending bill today, key appropriators said yesterday Lawmakers will first take a procedural vote on a controversial amendment by Sen. Tom Cotton (R-Ark.) related to the Iran nuclear deal. Talk of the amendment has helped stall the broader spending measure.

Lawyers test arguments before court contest

Source: Robin Bravender, E&E reporter • Posted: Tuesday, May 10th, 2016

Ahead of next month’s courtroom showdown over the Obama administration’s Clean Power Plan, lawyers last week previewed their arguments in a Chicago classroom. Industry attorney Tom Lorenzen and environmental lawyer Sean Donahue each appeared confident as they presented their opposing sides of the case at a debate hosted by the Energy Policy Institute at the University of Chicago. Both attorneys are expected to represent their respective sides during oral arguments next month over U.S. EPA’s regulation to curb power plants’ greenhouse gas emissions.