Senate Majority Leader Harry Reid (D-Nev.) is calling on the Federal Energy Regulatory Commission to carefully consider billionaire Warren Buffett’s proposal to buy Las Vegas-based NV Energy Inc. for $5.6 billion and combine it with MidAmerican Energy Holdings Co.
Pricing carbon may be the single most important thing the government can do to drive clean technology and is a necessary but not sufficient condition for mitigating climate change, according to experts. Many of the emerging systems that curb greenhouse gas emissions and displace fossil fuels show promise in the laboratory and at small scales but are too expensive for prime time. Attaching a price tag to carbon dioxide emanating from fossil fuels would go a long way toward closing the gap.
A federal effort to revamp the way the grid is planned and paid for could encroach on states’ rights to oversee the electric grid, a group of state commissioners warned this week.
The National Association of Regulatory Utility Commissioners took aim at the Federal Energy Regulatory Commission’s implementation of a far-reaching new rule, Order 1000, which overhauls the process for planning and allocating the cost for new transmission projects.
Maryland Gov. Martin O’Malley released one of the most aggressive greenhouse gas reduction plans in the country yesterday, calling for an increase in the state renewable standard and a boost to clean car and “zero waste” initiatives. “Climate disruption is real. It is not an ideological issue any more than gravity is,” said O’Malley, who will leave office in 2015 because of term limits. The revised plan was necessary, he said, since existing policies leave the state short in its goals and able to cut emissions by roughly 18 percent by 2020. The blueprint calls for the state renewable standard to be raised to 25 percent renewable power by 2020, up from 20 percent by 2022. It also calls for carbon-emitting “black liquor” — a byproduct of producing paper — to be removed as an eligible fuel source under the standard.
How will the Midwest respond to power plant emissions proposals coming out of U.S. EPA? During today’s OnPoint, Howard Learner, president and executive director of the Environmental Law and Policy Center, explains how Midwestern states may handle emissions standards differently than other regions. He also talks about changes in power market investments in the region.
An Oregon newspaper’s investigation into the state’s support for a massive wind project is scratching at old wounds about the federal Energy Department’s loan-guarantee program. A series of stories by Oregonian reporter Ted Sickinger has raised questions about the state energy department’s decision to offer tax credits to Caithness Corp.’s Shepherds Flat wind project. But his latest article also cites past divisions within the White House about federal support for the project, which the U.S. Energy Department awarded a partial loan guarantee of $1.3 billion in 2010.
Blue Sky West, a wholly owned subsidiary of First Wind Energy, has proposed what would be the largest wind farm in New England to the Maine Government. The farm would carry 162 wind turbines and have a capacity of up to 191 MW across several towns in Central Maine.
Maryland Gov. Martin O’Malley (D) will propose more-ambitious targets for renewable-energy use in a speech on climate change Thursday, according to people who have seen drafts of his plan. O’Malley is expected to propose boosting the state’s renewable portfolio standard, requiring utilities to make renewables 25 percent of their mix of electricity generation by 2020, up from the current target of 20 percent by 2022. The new standards would place Maryland alongside California as one of the most aggressive states in the country when it comes to reducing greenhouse gases, which scientists say are speeding climate change.
Oklahoma is adding two new wind farms that will provide a combined 250 megawatts of wind energy to utilities in Arkansas and Nebraska, developers said. Renewable Energy Systems Americas Inc. said it’s reached an agreement to sell 150 megawatts of wind energy to Arkansas Electric Cooperative Corp., which is part of a cooperative that provides electricity for more than 500,000 customers. RES Americas plans to build a wind farm with 75 turbines in Murray and Carter counties with a completion date set for the end of 2014.
China’s largest wind energy manufacturer, Sinovel Wind Group Co., has become the new face of a growing fracas between the United States and its global economic rival over intellectual property and the legal use and transfer of renewable energy goods and services. Sinovel, which once bragged of pushing U.S. power systems giant General Electric Co. into third place for global wind turbine manufacturing, now faces charges in U.S. federal court that it and two of its employees conspired with another individual to steal proprietary software from a U.S. firm that was used to improve the efficiency of Sinovel wind turbines.