Boehner was silent on whether the production tax credit (PTC) for wind, solar and geothermal power would hitch a ride on the tax-cut extension package he plans to bring to the House floor before lawmakers face voters in November. Presumed to be a part of that bill, however, is an extension of the 2001 and 2003 tax cuts for all earners — a move likely to ground the House’s proposal in the Senate, where most Democrats align with the White House in seeking to roll back those benefits for wealthier Americans.
A proposal for an underwater “electric transmission superhighway” took a step forward yesterday as the Department of Interior announced that only one company, Atlantic Grid Holdings LLC, had expressed interest in undertaking the $1.7 billion project. The Atlantic Wind Connection (AWC) would connect offshore wind farms up and down the Atlantic coast, consolidating up to 7,000 megawatts of power along a single, 300-mile high-voltage transmission line.
Your recent editorials on the federal wind-energy Production Tax Credit (PTC) and renewable portfolio standard (RPS) (“Gouged by the Wind,” May 5 and “Windy Republicans,” May 7) are off the mark. The wind-power industry is an American success story that is helping us build our manufacturing base, create jobs, lower energy costs and strengthen our energy security.
Interior Secretary Ken Salazar has authorized construction of the largest wind farm project on federal land in California, a major milestone in BLM’s ongoing efforts to significantly expand wind power production in the Golden State. Salazar signed a record of decision (ROD) late Friday for the Ocotillo Express Wind Energy Facility, which calls for stringing together 112 wind power turbines across about 10,000 acres managed by the Bureau of Land Management in Southern California’s Imperial County.
Americans would be willing to pay about 13 percent more on their annual electric bills to support a clean energy standard of 80 percent by 2035, although members of Congress would be unwilling to support any policy that carried larger than a 5 percent annual price increase, according to a study published this week. Americans are generally willing to pay more for electricity if utilities were required to generate the bulk of their power from clean sources, but there is unlikely to be sufficient support in Congress for such a policy unless annual electric bills increase by less than 5 percent, according to a study published this week in the journal Nature Climate Change. By contrast, a proposed CES bill from Sen. Jeff Bingaman (D-N.M.) is estimated to raise electricity costs by an average of 18 percent in 2035, though the increases would be more modest when they first took effect
The Obama administration is moving forward with a transmission project to connect several thousand megawatts of offshore wind energy in the Atlantic Ocean, after confirming that there is no competitive interest from other developers. Interior Deputy Secretary David Hayes today announced that Atlantic Grid Holdings LLC is the only firm interested in building a 300-mile high-voltage transmission line from New York to Virginia, clearing the way for the agency to initiate an environmental review.
A pioneering proposal to build a wind power transmission line on the ocean floor from southern Virginia to northern New Jersey cleared a hurdle on Monday when the Interior Department opened the way for the project’s sponsors to start work on an environmental impact statement. The Bureau of Ocean Energy Management, part of the Interior Department, said that no competitor had emerged for the right-of-way for the proposed transmission line, known as the Atlantic Wind Connection, allowing the bureau to issue a “determination of no competitive interest.” By linking wind farms 15 to 20 miles off the coast, the backbone would greatly reduce the number of individual radial lines needed to bring the energy to shore.
No surprise that longtime Omaha construction and mining company Kiewit Corp. is the 26th-largest privately owned company in the nation, based on its $9.94 billion in revenue last year. But you might be surprised to know that another Omaha-based company tops Kiewit on that Forbes magazine list, making it the biggest privately owned company in Nebraska or Iowa.
Nebraska’s gust of wind energy could be slowing to a breeze. The Nebraska Public Power District — considered the leader in wind energy development in the state — intends to build few, if any, wind farms over the next five years. Wind energy supporters view NPPD’s decision — outlined in a resolution — as a moratorium. They say the state’s largest electric utility should be doing more, not less, to develop wind energy resources.
The end of a key federal tax incentive for the wind industry could put a damper on much-needed wind turbine replacement efforts — known as repowering — just as many of the region’s iconic windmills are hitting the upper limit of their 30-year lifespan. The credit provides wind developers a tax break of 2.2 cents per kilowatt-hour for the power they generate from utility-scale wind projects for the first 10 years of production. It’s set to expire Dec. 31.