Adding more wind power to the electric grid could reduce wholesale market prices by more than 25 percent in the Midwest region by 2020 according to a new analysis conducted by Synapse Energy Economics on behalf of Americans for a Clean Energy Grid. The report found that wind power could drive down the wholesale price of power by $3 – $10 per megawatt hour (MWh) in the near term and up to nearly $50 per MWh by 2030.
The main event will take place Thursday, when Obama will visit a wind manufacturer in Newton, Iowa. According to a White House release today, the president will use the opportunity to call for an extension of the production tax credit (PTC) that is set to expire at the end of the year. The White House has pointed to industry statistics that show that nearly 30,000 jobs could be lost next year if the PTC expires, including direct jobs as well as those in the manufacturers’ supply chain.
14 US Wind Energy Leaders Meet at White House over Call to Extend Wind Production Tax Credit before Congress Goes on Summer Recess
Two Cabinet secretaries met with 14 leaders of the U.S. wind manufacturing, construction, and development sectors at the White House today, advancing a bipartisan effort to extend the wind energy Production Tax Credit before Congress recesses for the summer, and retain 75,000 U.S. jobs.
A bipartisan coalition has been raising this issue since late last year as an urgent need for action by Congress, including for example Sen. Chuck Grassley (R-IA) and Reps. Dave Reichert (R-WA), Steve King (R-IA), and Tom Latham (R-IA), as well as a bipartisan group of 23 governors, the U.S. Chamber of Commerce, National Association of Manufacturers, the American Farm Bureau, and the Edison Electric Institute.
Political head winds are likely to slow progress on energy legislation until next year at the earliest, veteran congressional observers on both sides of the aisle said yesterday. That bleak prognosis is hardly surprising to many who have watched a divided 112th Congress spend much of the past two years fighting over basic duties such as keeping the government funded. But the long view offered by Bob Simon, top aide to the Senate Energy and Natural Resources Committee’s Democratic majority, and former senior GOP energy adviser David Conover hardly sounded like a funereal dirge for substantive environmental policymaking.
The Governors’ Wind Energy Coalition announced Monday that Iowa Gov. Terry Branstad and Oregon Gov. John Kitzhaber would take over as chairman and vice chairman of the group, which is focused on communicating the benefits of wind energy and lobbying the federal government to extend the production tax credit.
President Barack Obama will follow two scripts on his trip to Iowa on Thursday. He will visit a wind turbine blade manufacturer in Newton to warn how the pending loss of two wind energy tax credits will hurt Iowa’s economy, White House aides told The Des Moines Register.
Then he will do a campaign event at the Iowa State Fairgrounds in Des Moines, where he will be free to rip GOP rival Mitt Romney. The Democrats’ line of attack lately: Romney was a corporate buyout specialist, and his profits-over-people philosophy will have severe consequences for the middle class if he’s elect
For most of his 20-year career, Hans Detweiler lobbied state and federal officials to boost wind farms in the Midwest, but a couple of years ago he concluded he could make a bigger impact as a businessman than as a policy advocate. The former lobbyist for both the Chicago-based Environmental Law and Policy Center and the American Wind Energy Association in Washington is championing a multiyear effort to build a $1.7 billion, 500-mile high-voltage power line to connect northwest Iowa, one of the windiest spots in the U.S., to Chicago, the Midwest’s biggest energy consumer.
As municipal budgets continue to be cut, some cities around the world are looking to harness wind to power their streetlights. While other cities have opted to use technologies such as light-emitting diodes and smart lighting, wind power — through distributed energy — has been an option that allows municipalities to cut down on fossil fuel usage and get off the traditional grid. The distributed renewable energy market was estimated to be about $70 billion globally last year and is expected to top $150 billion by 2015.
The Governors’ Wind Energy Coalition today welcomed Iowa Governor Terry Branstad and Oregon Governor John Kitzhaber as the new chairman and vice chairman of the Coalition.
To attract bipartisan support, a proposed federal requirement that utilities use carbon-free energy may need to be packaged with a clause to pre-empt U.S. EPA greenhouse gas rules, key senators said today. Senate Energy and Natural Resources Chairman Jeff Bingaman (D-N.M.) said he would be open to amending his “Clean Energy Standard Act” to include some EPA pre-emption, and ranking member Lisa Murkowski (R-Alaska) said the change would cause her to rethink her current opposition to the proposal. They spoke to E&E after a hearing on the CES bill, where a variety of experts said it would make sense to pre-empt at least some EPA rules if such a standard were in place.