As part of his plan for a sustainable economy based on fair play, President Obama is repeating his call for Congress to scrap subsidies on the oil industry. During his State of the Union address last night, Obama likened tax incentives for big energy companies to millionaires who don’t pay their fair share.
Coal will remain the dominant fuel for U.S. electricity production through 2035, but its share of power generation will continue to drop significantly, the Energy Information Administration said today.
President Obama is expected to nominate North Dakota Public Service Commissioner Tony Clark to the Federal Energy Regulatory Commission today, Sen. John Hoeven (R-N.D.) said in a statement. Hoeven recommended Clark to Senate Minority Leader Mitch McConnell (R-Ky.), who then asked the administration to consider him.
In its most important respects, Gov. Martin O’Malley’s new proposal to build a wind farm in the Atlantic Ocean isn’t different from the old one. Developers must still pay hundreds of millions of dollars to build wind turbines off Maryland’s coast. And Maryland electricity customers still have to pay for them. Everything else is detail. That’s why the project, proposed Monday by the governor for the second year in a row, still faces very long odds. Fiddling with the financing mechanics, as O’Malley has suggested, may win the legislature’s approval this time. But that’s not the same as signing a deal with a private company to start construction.
As President Obama prepares for his third State of the Union address tonight, there’s no longer any question that clean energy will once again play a role in the speech. In recent days, the White House has been openly telegraphing its intent to make clean energy a focus of this year’s address. But what remained unclear yesterday was how high of a billing the issue will get.
Since voters in 2004 passed Amendment 37 — which set a state renewable-energy standard — Colorado has built or committed to about 2.5 gigawatts of renewable generation. That’s enough energy to power between 500,000 and 650,000 homes, based on estimates from the wind and solar industries. The standard, however, is close to being met, and the future for renewable-energy incentives is uncertain. So, the question is: What is renewable energy’s future in Colorado?
MidAmerican Energy Holdings Company of Des Moines said it will buy the 81-megawatt Bishop Hill II wind project near Peoria, Ill., from Invenergy Wind LLC. This project, which currently is under construction., will use 50 General Electric 1.62-megawatt wind turbines.
Governor Brian Schweitzer says the state is now producing 395 megawatts of installed wind generation capacity. Just last week, the new 9.6 megawatt Gordon Butte wind farm went on-line near Martinsdale, and near Shelby, work is underway on Nature-Ener’s new 189 megawatt wind farm.
The Department of Energy’s Wind Powering America program has released new maps of wind energy potential in the U.S. The maps, the first new ones in 19 years, are meant to serve as a resource for policymakers, state and local governments and anyone looking to invest in wind power sites or anyone trying to determine the best potential locations.
Gov. Martin O’Malley is to unveil today a new approach to promoting offshore wind power that he hopes the General Assembly will find easier on consumers than last year’s plan. The new approach borrows ideas from a New Jersey bill signed by Republican Gov. Chris Christie, according to O’Malley administration sources.