A surrogate for GOP White House hopeful Mitt Romney said Wednesday that the presumptive nominee wants to end the production tax credit for wind energy projects, but is still deciding how the popular incentive should be phased out. Romney’s stance could be critical for the wind energy industry, which is lobbying hard to maintain the incentive that industry officials call vital to funding new power projects.
Environmentalists are coming down on a proposal to extend permits for the unintentional killing of eagles from five years to 30 years. As public lands are being opened up for renewable energy development, officials are using the unintentional killing permits as a means of setting clear ground rules for wildlife protection as spinning turbine blades at wind farms have killed birds.
The rollout of smart meters, devices that can record and send reams of information on real-time electricity usage, has been anything but smooth. Customers have complained about inaccurate readings, being promised savings that never materialized, possible health hazards and threats to their privacy. But utilities have soldiered on.
The amount of electricity generated by natural gas matched coal generation for the first time in history, with each taking 32 percent of the market in April, U.S. officials say. According to an Energy Information Administration (EIA) report, natural gas produced 95.9 million megawatt-hours, narrowly missing coal, which generated 96 million megawatt-hours. The report data are still preliminary, but even if final numbers shift moderately, the trend holds major implications for renewables, the environment and the U.S. economy.
As uncertainty over the fate of a key wind industry tax break seems likely to persist until at least the end of this year, officials at BP PLC are gaming out four scenarios for how their business will adapt depending on what Congress does, a top official at the company said yesterday.
The British government has approved the construction of two large offshore wind farms off the coast of Norfolk, at a combined cost of nearly $5 billion. The 580-megawatt Race Bank project will be developed by British utility Centrica, and developer Warwick Energy proposed the 560 MW Dudgeon project.
Technological developments that cut the cost of wind turbines while boosting efficiency are driving up the competitiveness of land-based wind power and expanding wind farms across the Northeast, despite ongoing controversy over offshore farms. The cost of electricity, particularly in the Northeast, can be as much as 60 percent higher than the national average.
The door to a pre-November vote on a key wind energy tax credit was thought to have been shut tight by election-year bickering, but President Obama may have reopened it yesterday — if only just a bit, according to a prominent energy analyst. Obama strode into the East Room at midday to intensify the battle around the thornier question of how to address individual income tax rates that are scheduled to rise at the end of this year. The president wants rates for taxpayers earning more than $250,000 to return to 1990s levels and wants to preserve the current rates for everyone else; Republicans are seeking an across-the-board extension of the existing rates, which were established during the George W. Bush administration.
Environmentalists who have studied the Bureau of Land Management’s final analysis of a massive Wyoming wind farm proposal are split over the project’s merits and its potential impacts to greater sage grouse habitat and federally protected golden eagles.
The developer of the US’ biggest wind farm in terms of megawatts, which is due to get even bigger, said Friday it will not pursue expansion into 2013 if the production tax credit is not extended by Congress.