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The overall direction of the market, however, has been down. You can get a sense of the amount of money that has been lost by investors from the WilderHill Clean Energy Index, which tracks the performance of publicly traded green energy stocks ranging from solar and wind to rare earth minerals and water companies. The market value of the companies in the index has fallen from a peak level of $231 billion in late December 2007 to about $108 billion today, a decline of 53 percent.
Also filed under [
Energy Policy|
USA]
Wind energy permitting process among new NC laws
May 18, 2013 by The Associated Press in The Daily Reflector
May 18, 2013 by The Associated Press in The Daily Reflector
The legislation sets parameters for permit applications that include public hearings so opponents can raise concerns. State regulators could deny an application if a project could adversely affect the environment, private landowners or military operations.
Also filed under [
Energy Policy|
North Carolina]
According to the project's final EIS, the geographic limits of the Grand Canyon condor population as determined by FWS overlap the project's proposed footprint. Condor can fly up to 160 miles a day in searching for food, and the Grand Canyon "experimental" population is well within that range of the Mohave County Wind Farm.
Can wind turbines make you sick? No easy answers as turbines pop up around the world
May 17, 2013 in Latitude News
May 17, 2013 in Latitude News
After years of complaints about noise and health effects, on May 21, 2013 residents of Falmouth, MA will vote on whether or not to tear down both of the town's wind turbines.
Siemens blade crashes at Ocotillo Wind Farm
May 17, 2013 by Mark DelFranco in North American Windpower
May 17, 2013 by Mark DelFranco in North American Windpower
NAW has learned that a blade belonging to a Siemens SWT-2.3-108 wind turbine came crashing to the ground at the 265 MW Ocotillo Wind Farm in the early morning hours of May 16. No one was injured.
A spokesperson from Pattern Energy, which owns and operates Ocotillo, corroborated the incident.
Wind Energy's Shadow: Turbines Drag Down Power Potential
May 16, 2013 by David LaGesse in National Geographic
May 16, 2013 by David LaGesse in National Geographic
In several recent published studies, Adams and other researchers have explored the issue of turbines stealing energy from the wind, creating drag or a "wind shadow" of air slowed by the spinning blades. Each turbine added to a particular landscape captures less energy. "You reach a point that if you add any more turbines, you get no more energy," Adams said.
Also filed under [
Technology|
USA]
DOE to recast landmark 20% wind energy report; Study looks back, ahead
May 15, 2013 by Mark Del Franco in North American Windpower
May 15, 2013 by Mark Del Franco in North American Windpower
The U.S. Department of Energy (DOE) Wind Program is revisiting the conclusions from its 2008 study that contemplated the technological and regulatory road map for the U.S. wind industry to achieve 20% wind energy by 2030.
"What it boils down to is this: If you electrocute an eagle, that is bad, but if you chop it to pieces, that is OK," said Tim Eicher, a former U.S. Fish and Wildlife Service enforcement agent based in Cody, who helped prosecute the PacifiCorp power line case.
By not enforcing the law, the administration provides little incentive for companies to build wind farms where there are fewer birds.
Latest cleantech funding woes spark fears of industry slide
May 11, 2013 by Peter Delevett in Mercury News
May 11, 2013 by Peter Delevett in Mercury News
The problem, he said, is that those big investment firms tend to focus on mature companies that are generating significant revenue, and there are few of those in cleantech. Meanwhile, more government investment seems increasingly far off as congressional Republicans demand answers about the failure of Fisker Automotive.
AWEA is trying to secure more stable policy to give stronger signals to investors. Those options include a phase out for the credit and making the incentive permanent ...But Republicans have told The Hill they believe a phase out is AWEA's stance.
Also filed under [
Tax Breaks & Subsidies|
USA]
Oil and gas drillers make technological leaps, while renewable energy industry struggles
May 4, 2013 by Associated Press in Washington Post
May 4, 2013 by Associated Press in Washington Post
But the outlook for wind, batteries and biofuels is as dim as it's been in a decade. Global greenhouse gas agreements have fizzled. Dazzling discoveries have been made in laboratories, and some of these may yet develop into transformative products, but alternative energy technologies haven't become cheaper or more useful than fossil fuels. ..."In many cases, renewables aren't ready for primetime yet."
Commanders of bases like Cherry Point air station and Seymour Johnson Air Force Base cannot approve or oppose any wind turbine project under orders from the U.S. Secretary of Defense.
This bill requires that they be notified and would allow hearings on proposed wind turbine projects, which lie in the flight path or training areas for the military.
Also filed under [
Safety|
North Carolina]
Wind industry still awaits first eagle-take permit under BGEPA
May 3, 2013 by Mark Del Franco in North American Windpower
May 3, 2013 by Mark Del Franco in North American Windpower
NAW has learned that West Butte Wind Power LLC has withdrawn its permit application enabling the developer to "take" golden eagles at a proposed wind project in central Oregon. ...the developer withdrew its take permit request in March due to the difficulty in finding a power purchase agreement (PPA) for the project.
Certificate to build large N.C. wind farm is renewed
May 2, 2013 by Jeff Hampton in The Virginian-Pilot
May 2, 2013 by Jeff Hampton in The Virginian-Pilot
Atlantic Wind, a subsidiary of Iberdrola Renewables, has yet to sign a contract with a power company to purchase electricity generated by the proposed 150 turbines, said Wayne Harris, director of economic development in Pasquotank County.
Also filed under [
General|
North Carolina]
Call to phase out production tax credit gathers pace
May 1, 2013 by Diane Bailey in Windpower Monthly
May 1, 2013 by Diane Bailey in Windpower Monthly
As the $0.023/kWh production tax credit (PTC) is back on a countdown to expiration just months after US Congress passed a short-term extension of the incentive, some in the US wind sector are weighing whether negotiating its eventual demise may be the only way to put the industry on a stable footing for the long term.
Also filed under [
Tax Breaks & Subsidies|
USA]
Hager's bill to end NC's renewables policy refuses to die
May 1, 2013 by John Murawski in News and Observer
May 1, 2013 by John Murawski in News and Observer
"This misguided policy acts much like a hidden tax. Experience has shown that renewable energy mandates, like the one on the books in North Carolina, have a negative impact on the economy and an adverse impact on your constituents' pocketbooks."
Also filed under [
Energy Policy|
North Carolina]
PTC clarity to ease renewable energy additions, questions remain
April 30, 2013 by Conway Irwin in AOL News
April 30, 2013 by Conway Irwin in AOL News
PTC eligibility for 2013 also requires that project developers demonstrate that projects be under "continuous construction" from 1 January 2014 until completion. This marks a change from the cash grant system - which gave renewable energy project developers the option to receive 30% of project costs up front in lieu of a tax credit - for which projects were eligible using the Safe Harbor Rule or by being under continuous construction.
Also filed under [
Tax Breaks & Subsidies|
USA]
"We are VERY unappreciative of this symbol being used by the USPS for Earth Day," Marie McNamara recently emailed postal officials in Washington. "Thanks for putting us on record as strongly objecting to the symbol of industrial wind turbines as a postmark. Thanks for putting us on record as wanting to see the postmark go away immediately."
Hager vows bill capping renewable energy mandate remains alive
April 26, 2013 by Dan Way in Carolina Journal
April 26, 2013 by Dan Way in Carolina Journal
A handful of House Republicans dealt a stunning blow to state Rep. Mike Hager's bill to phase out slowly North Carolina's subsidies, tax credits, and purchase mandates propping up renewable energy companies. Despite this setback, the Rutherford County Republican said he plans to bring House Bill 298 to another committee vote.
Also filed under [
Energy Policy|
North Carolina]
U.S. States turn against renewable energy as gas plunges
April 23, 2013 by Christopher Martin in Bloomberg News
April 23, 2013 by Christopher Martin in Bloomberg News
Sixteen of the 29 states with renewable portfolio standards are considering legislation that would reduce the need for wind and solar power, according to researchers backed by the U.S. Energy Department. North Carolina lawmakers may be among the first to move, followed by Colorado and Connecticut. ...Repealing the state's RPS policy "would help increase disposable income, attract more business investment and make energy more affordable for consumers."