News

Refiners oppose exports-for-renewables deal

Source: Geof Koss, E&E reporter • Posted: Wednesday, October 21st, 2015

Echoing comments by other lawmakers, Heitkamp said she expects a possible deal on crude exports to end up in an end-of-year omnibus package. “I think it is the most likely [vehicle], and at that point the question is what is it that’s going to end up in the omnibus,” she said. But Sen. John Hoeven (R-N.D.) yesterday said the weight of too many add-ons to end the crude export ban could end up sinking a package, noting for example that a tax extenders package that includes green energy credits may move as part of an omnibus as well.

U.S. Refiners Oppose Linking Subsidies to Repeal of Oil Export Ban

Source: By Timothy Gardner, Reuters • Posted: Wednesday, October 21st, 2015

The top U.S. oil refiner industry group told Senate Majority Leader Mitch McConnell on Tuesday it opposes any subsidies for renewable energy or other interests that would be potentially included in a package to lift the ban on most exports of domestic oil. “I respectfully ask that you oppose any effort to provide subsidies, impose new mandates, or layer on more energy taxes to facilitate lifting the crude oil export ban,” Chet Thompson, the head of the American Fuel & Petrochemical Manufacturers, wrote in a letter to Senator Mitch McConnell, a Kentucky Republican.

Power line opponents give renewables their Keystone moment

Source: BY NICHOLA GROOM, New York Times • Posted: Wednesday, October 21st, 2015

President Barack Obama’s Clean Power Plan aims for the United States to source 28 percent of its power from renewable sources by 2030 – an aggressive goal that will require vast amounts of new transmission. In a March report by the Edison Electric Institute, the utility trade group found that 46 percent of $47.9 billion of U.S. transmission projects planned through 2025 are intended to support renewable energy resources. “It’s very much in line with what we believe this administration is trying to accomplish,” Michael Skelly, Clean Line’s president, of his company’s building plans.

Wind industry betting on PTC extension

Source: By Michael Copley, SNL • Posted: Tuesday, October 20th, 2015

Wind companies are continuing to plan projects that rely on the federal production tax credit, according to an industry lawyer, even though the incentive expired at the end of 2014 and there is uncertainty whether Congress will reinstate it.

NextGen ads urge pledge for goal of 50% renewables by 2030

Source: Jennifer Yachnin, E&E reporter • Posted: Tuesday, October 20th, 2015

Environmental activists at NextGen Climate yesterday unveiled the group’s latest step in its bid to push presidential primary contenders to embrace renewable energy policies, launching a new million-dollar ad campaign in New Hampshire and Iowa. The political action committee, backed by California billionaire environmentalist Tom Steyer, is pushing candidates from both major parties to adopt platforms that would shift the country’s energy production to 50 percent renewable resources by 2030.

China’s Envision Energy Buys 600 MW Wind Energy Projects In Mexico

Source: By Smiti Mittal, CleanTechnica • Posted: Tuesday, October 20th, 2015

China’s largest direct investment in Mexico has come in the wind energy sector, as a wind turbine manufacturer has acquired controlling stake in a large-scale wind energy portfolio. Envision Energy, a manufacturer of low speed wind energy turbines, has acquired a majority stake in a portfolio of wind energy projects with total capacity of 600 MW. The construction of the projects is yet to start — expected for 2016, with operations scheduled to begin by the end of next year — with the right to develop owned by ViveEnergia.

Offshore NJ wind farm denied again; company to change details of plan

Source: BY JAMES M. O’NEILL, Northjersey.com • Posted: Tuesday, October 20th, 2015

In another blow to offshore wind energy in New Jersey, the state Supreme Court has decided to let a lower court ruling stand that effectively blocks construction of a pilot wind farm off Atlantic City. The state Board of Public Utilities had denied the proposed wind farm multiple times, saying its financial plan was unsound and the subsidies necessary for the project to work would have cost state ratepayers too much.

White House Emphasizes Companies’ Commitment to Cutting Emissions

Source: By GARDINER HARRIS, New York Times • Posted: Tuesday, October 20th, 2015

The Obama administration announced Monday that 81 major companies have committed to large reductions in carbon emissions, part of a broad push by the White House to show progress ahead of international climate talks in Paris this year. The companies that have made the pledge include such iconic American brands as Levi Strauss & Company, McDonald’s, I.B.M. and Procter & Gamble. They have operations in all 50 states, employ over nine million people, and have more than $3 trillion in annual revenue and a combined market capitalization of over $5 trillion, according to the White House.

Clean Power Plan to Shutter 4,000 MW of Texas Coal Output

Source: By Harry Weber, Bloomberg News • Posted: Monday, October 19th, 2015

Electricity bills may jump by as much as 16 percent by 2030 as a result of the Environmental Protection Agency’s Clean Power Plan, grid operator Electric Reliability Council of Texas Inc. said in a report posted on its website Friday. Texas joins other grid managers and utilities that have warned of higher prices and reliability issues from plant closures if the plan is finalized.

Group asks Supreme Court to review Colo. standard

Source: Robin Bravender, E&E reporter • Posted: Monday, October 19th, 2015

A conservative legal group is asking the Supreme Court to weigh the constitutionality of Colorado’s renewable energy standard after a lower court upheld the state’s program. The anti-regulatory nonprofit Energy & Environment Legal Institute has filed a petition asking the high court to examine the decision made by the Denver-based 10th U.S. Circuit Court of Appeals earlier this year, the group announced this week.