News

Dong in Deal for What May Be World’s Cheapest Offshore Wind

Source: By Bloomberg • Posted: Friday, July 8th, 2016

The Danish utility Dong Energy A/S won a contract to develop two wind farms off the coast of the Netherlands that the Dutch government deemed the cheapest in the world. Dong, the world largest offshore wind developer, offered to develop the projects for 7.27 euro cents a kilowatt-hour (8 U.S. cents), excluding connection fees for TenneT of 1.4 cents a kilowatt-hour, the Dutch economic affairs ministry said in a statement on its website Tuesday. The government said the move will allow it to spend 2.7 billion euros less than it had anticipated over the 15 years it will subsidize the project.

Tough to Keep the World From Warming When Carbon Is This Cheap

Source: By Mathew Carr and Joe Ryan, Bloomberg • Posted: Friday, July 8th, 2016

Carbon markets, the free-enterprise solution to saving the world from global warming, are now in danger themselves. The idea was simple enough: Set a cap on carbon emissions, issue enough permits to allow power plants, refineries and the like to stay within those limits and then shrink the cap over time to achieve reductions. The companies whose emissions fall fastest can sell their permits for a profit to slower responders — call it a reward for good behavior.

Will the world’s largest storage battery be America’s energy cure?

Source: John Fialka, E&E reporter • Posted: Friday, July 8th, 2016

For many years, the tradition has been that on midsummer afternoons, engineers will turn on what they call a “peaker,” a natural gas-burning power plant In Long Beach. It is needed to help the area’s other power plants meet the day’s peak electricity consumption. Thus, as air conditioners max out and people arriving home from work turn on their televisions and other appliances, the juice will be there. Five years from now, if current plans work out, the “peaker” will be gone, replaced by the world’s largest storage battery, capable of holding and delivering over 100 megawatts of power an hour for four hours. The customary afternoon peak will still be there, but the battery will be able to handle it without the need for more fossil fuels. It will have spent the morning charging up with cheap solar power that might have otherwise been wasted.

Trump ‘light on details’ during Hill visit

Source: Hannah Hess, E&E reporter • Posted: Friday, July 8th, 2016

“He didn’t really discuss substantive … policy positions,” former Energy and Commerce Chairman Joe Barton (R-Texas) told Greenwire. Trump made “more of a generic statement than anything else.” Despite the lack of specifics in the meeting and on the campaign trail, Barton said he was comfortable with Trump because of the lawmaker’s close relationship with Rep. Kevin Cramer (R-N.D.), who has advised the campaign on energy issues.

Murkowski, Cantwell plot next steps for reform bill negotiations

Source: Hannah Hess, E&E reporter • Posted: Friday, July 8th, 2016

Senate Energy and Natural Resources Chairwoman Lisa Murkowski (R-Alaska) skipped a meeting with her party’s presumptive presidential nominee yesterday morning to work on the framework for an energy reform conference committee. Murkowski met Wednesday with ranking member Maria Cantwell (D-Wash.) to hammer out more plans. The two senators are working out “a process for how we can kind of get the conference going and started and kind of keep it moving along,” Murkowski said.

Energy issues on the table for Trump’s Hill visit

Source: Manuel Quiñones, Sean Reilly and Hannah Hess, E&E reporters • Posted: Thursday, July 7th, 2016

Republican lawmakers are likely to ask their party’s presumptive presidential nominee, Donald Trump, for more details about his energy policy plans during meetings on Capitol Hill today. Trump is scheduled to meet with House Republicans in the morning at the GOP’s headquarters near the Capitol. Senators will meet with the real estate mogul later in the morning at National Republican Senatorial Committee headquarters.

Turbine industry aims to keep tailwind blowing

Source: By Bill Loveless, USA Today • Posted: Thursday, July 7th, 2016

The U.S. wind energy industry is the fastest-growing new source of electricity in the country. But it’s not resting on its laurels, especially in an election year. Hence the launch of American Wind Action, a group that will promote the benefits of wind energy to the public as voters consider whom to elect for the White House, Congress, state legislatures and other offices where public policy is made.

Republican slams ‘un-American’ agency, sparking brawl

Source: Amanda Reilly, E&E reporter • Posted: Thursday, July 7th, 2016

A House Energy and Commerce subcommittee hearing turned into a partisan argument after a Republican called U.S. EPA “un-American.” Ohio Republican Rep. Bill Johnson made the remark during questioning of EPA acting air chief Janet McCabe, which prompted an outcry by Democrats. The Subcommittee on Energy and Power’s top Democrat, Illinois Rep. Bobby Rush, accused Republicans of “badgering” McCabe.

U.S. doubles down on gas, solar infrastructure

Source: Hannah Northey, E&E reporter • Posted: Thursday, July 7th, 2016

The United States has added twice as much natural gas and solar power to its electric grid compared with the same period last year, federal energy regulators say.

The Federal Energy Regulatory Commission’s energy infrastructure update says nearly 4,300 megawatts of new gas-fired generation came online from January through May of this year, compared with 1,796 MW installed during the same period last year. FERC also tracked the addition of almost 1,500 MW of solar power in the first five months of this year, compared with 679 MW in the same stretch last year. Other forms of generation were stagnant or in decline.

Conference vote may come this week

Source: Hannah Hess and Manuel Quiñones, E&E reporters • Posted: Thursday, July 7th, 2016

A Senate vote to launch negotiations with the House on energy reform legislation could happen as soon as this week. Senate Energy and Natural Resources Chairwoman Lisa Murkowski said this afternoon she hasn’t scheduled meetings with other lawmakers looking for a path forward. “Hopefully we won’t need any more meetings,” the Alaska Republican said. “Hopefully we’ll be able to just find time to go to a vote.”