News

Warren Buffett Puts Wind in Berkshire’s Sails

Source: By ANUPREETA DAS, Wall Street Journal • Posted: Friday, October 24th, 2014

Warren Buffett is synonymous with his hometown of Omaha, Neb., but for a glimpse into the future of his investment empire, look east…to Iowa. In the neighboring Hawkeye State, the Berkshire Hathaway Inc. chairman has sunk billions into wind-farm projects, part of a big gambit on renewable energy by a utility company he acquired in 2000 and has built into one of the country’s largest power suppliers. Through a majority-owned subsidiary, Berkshire Hathaway Energy, Mr. Buffett plans to double the $15 billion already committed to renewable-energy projects through early this year, and he is on the hunt for more utility acquisitions.

Colorado Senate race: Where does each candidate stand on energy?

Source: Bakken.com • Posted: Thursday, October 23rd, 2014

Come November 4th, 2014, Colorado voters have a lot more on the line than just selecting their next U.S. Senator. The outcome of this year’s Colorado Senate election has implications not only for the state of Colorado, but for the entire country. Currently, Democrats have control of the Senate with 53 members in comparison to the 45 Republicans. However, if Colorado voters elect Republican candidate Cory Gardner into office, the Republicans will then hold the majority in the U.S. Senate. If voters elect Democrat Mark Udall, the Democrats will maintain control of the U.S. Senate

U.S. wind power industry feels a new breeze, may soon double

Source: Daniel Cusick, E&E reporter • Posted: Thursday, October 23rd, 2014

The U.S. wind power industry continued its modest recovery over the third quarter of 2014, with 419 megawatts of new generation capacity coming online in Texas, Nebraska, Michigan and California. But officials said the quarterly numbers, which reflect a 600 percent increase over the same quarter of 2013 when the industry was emerging from a near-standstill, do not accurately reflect the pace of wind energy development in the United States.

Panel hears pros, cons of wind energy incentives

Source: By BARBARA HOBEROCK World Capitol Bureau • Posted: Wednesday, October 22nd, 2014

A Senate panel on Tuesday heard the benefits and disadvantages of millions of dollars in state incentives that go to the wind industry. The location of wind farms has been an issue at the Capitol. A measure by Senate Pro Tem Brian Bingman, R-Sapulpa, would have put a moratorium on wind farms east of Interstate 35. The measure was not heard in the Oklahoma House.

Senate Finance Committee Considers Wind Energy Tax Incentives

Source: By ECAPITOL, KGOU • Posted: Wednesday, October 22nd, 2014

The Senate Finance Committee began Tuesday what its chairman said he hoped was a cost-benefit analysis of the current tax incentives available to the wind energy industry. “Our primary goal is to gather information that will give members of the Oklahoma Senate a better understanding of the cost and benefits associated with the current tax subsidy for wind power generation. In advance of this committee meeting research and data collection has already been accomplished to document the costs of subsidizing wind power.

A climate change answer in the wind 

Source: BY JOHN DURSO, NEW YORK DAILY NEWS • Posted: Wednesday, October 22nd, 2014

In the wake of the People’s Climate March — and with world leaders descending on the UN to make pledges to reduce greenhouse gas emissions — the city is abuzz with talk about how to move toward cleaner, sustainable energy. On Monday, the Rockefeller Brothers Fund announced plans to divest its millions from fossil fuels.

Who gets paid under a carbon price? New paper looks at impacts across states

Source: Nathanael Massey, E&E reporter • Posted: Tuesday, October 21st, 2014

Four years after comprehensive cap-and-trade legislation stalled out in the Senate, the prospect of carbon pricing is back on the table. With regional carbon markets already up and running in California and the Northeast, and cross-state collaboration explicitly encouraged under U.S. EPA’s Clean Power Plan, more states are examining carbon caps and carbon taxes as a route to lower emissions.

Iowa provost offers snapshot of Iowa’s wind generation

Source: By Jennifer DeWitt, Quad City Times • Posted: Tuesday, October 21st, 2014

Iowa has emerged as a real powerhouse in the area of wind energy and stands to continue benefiting from its growth. That was the message University of Iowa Provost Barry Butler shared Monday as he discussed the future of wind energy at the Davenport Rotary Club meeting at The Outing Club, Davenport. “Iowa embraced wind in the 1980s and got strong,” he said, adding that was when he got involved in the renewable energy, particularly on the research side.

The Benefits of Wind Energy in Iowa: A Valuable, Reliable Crop for This Agricultural State

Source: By Katharine McCormick, NRDC • Posted: Tuesday, October 21st, 2014

While Iowa has a range of options to comply with the plan, Turner and Wind’s analysis shows that wind alone can cost-effectively bring Iowa into compliance. Rather than hurting Iowa’s economy, by complying with the Clean Power Plan and furthering our commitment to clean energy we can continue to garner (as Governor Branstad said) “long-lasting benefits and [make] Iowa a competitive economic force not only in the United States but also in the world.”

Appeals court rejects rehearing bid on FERC transmission order

Source: Jeremy P. Jacobs, E&E reporter • Posted: Tuesday, October 21st, 2014

Federal judges rejected a request Friday from nonprofit electric utilities to reconsider the ruling upholding the Federal Energy Regulatory Commission’s Order 1000, a landmark rule aimed at spurring upgrades to the electric grid.

The Large Public Power Council had asked the U.S. Court of Appeals for the District of Columbia Circuit to reconsider its August ruling that upheld Order 1000 in its entirety. Order 1000 is among FERC’s largest and most complex rulemakings. It calls for regional coordination in grid planning and for abolishing an incumbent utility’s “right of first refusal” to build a new project, among other reforms. Virtually every aspect of the order was challenged at the D.C. Circuit. That the three-judge panel upheld the rule was a major victory for FERC