News
Category:
USA
Note: counts do not include items in sub-categories
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Wind projects stalled over tax credit uncertainty
October 10, 2012 by Will Brumleve in The News-Gazette
October 10, 2012 by Will Brumleve in The News-Gazette
But deep differences over spending in Congress have made the PTC's fate uncertain. And that uncertainty has stalled wind farm development nationwide and led to cutbacks at major U.S. turbine manufacturing plants.
Also filed under [
Tax Breaks & Subsidies|
Illinois]
Vestas cuts 75 workers at its Brighton wind turbine blade factory
October 10, 2012 by Mark Jaffe in The Denver Post
October 10, 2012 by Mark Jaffe in The Denver Post
Vestas Wind Systems, the wind turbine manufacturer that built four factories in Colorado, announced its third round of job cuts on Tuesday, firing 75 workers at its blade factory in Brighton.
Tough times ahead for wind industry, regardless of tax credit renewal - analyst
October 9, 2012 by Robert S. Eshelman in E&E News
October 9, 2012 by Robert S. Eshelman in E&E News
The clean energy sector is closing the gap on fossil fuels, but the wind industry faces significant challenges and could see a free fall in new construction over the next three years, said Ethan Zindler, head of policy analysis at Bloomberg New Energy Finance.
Also filed under [
General|
Tax Breaks & Subsidies]
The analysis, penned by academics at the Norwegian University of Science and Technology, expounds by saying that the toxic materials employed to build such cars exceeds traditional ones. Furthermore, fuels used to create the electricity are also important considerations, noting that if is coal then it may not be worth the environmental and economic costs.
Also filed under [
General|
Technology]
In the presidential debate about domestic issues, Romney hit Obama on giving $90 million in tax breaks to wind and solar power projects. Many of them failed, the Republican said, telling Obama, "You pick losers."
"This is not the kind of policy you want to have if you want to get America energy-secure," Romney added.
Also filed under [
Energy Policy|
North Dakota]
Mark Muro, a senior fellow and the policy director at the Metropolitan Policy Program at the Brookings Institution, argues in favor of the subsidies. David Kreutzer, a research fellow in energy economics and climate change at the Heritage Foundation, presents the case against them.
Also filed under [
Tax Breaks & Subsidies]
E.ON Sells Half of U.S. Wind Parks to PensionDanmark
October 8, 2012 by Peter Levring in Bloomberg News
October 8, 2012 by Peter Levring in Bloomberg News
EON AG agreed to sell a 50 percent stake in three U.S. wind farms to Danish pension fund PensionDanmark as Germany's biggest utility seeks to free up capital. ..."The return is very similar to what we can get on listed equities, though with a very limited downside risk," thanks to fixed prices negotiated on the power generated by the turbines over the next 15 years."
A federal energy decision raises more questions about whether the utility has the power to shut off existing wind plants even if it saves customers money. Idaho Power officials say they are preparing to appeal a federal ruling that challenges company efforts to shut down wind farms during periods of low demand.
Also filed under [
Energy Policy|
Idaho]
Wednesday's pesidential debate: What happened to wind energy?
October 5, 2012 by Laura DiMugno in North American Windpower
October 5, 2012 by Laura DiMugno in North American Windpower
What Romney considers "breaks" and "green" are up for debate. Despite his assertion that he supports "green energy," Romney has made it clear that he is in favor of letting the PTC expire ...
Instead, Romney said the money invested in renewable energy and cleantech companies could have been better used for other purposes.
Also filed under [
Tax Breaks & Subsidies|
Colorado]
Vestas falls as markets day fails to deliver: Copenhagen Mover
October 3, 2012 by Peter Levring in Bloomberg News
October 3, 2012 by Peter Levring in Bloomberg News
“Margins and pricing continue to remain pressured across the sector which, along with policy uncertainty such as the renewal of the U.S.’s production tax credit, have weighed on the wind industry.” James Evans, solar and wind analyst at Bloomberg Industries.
Also filed under [
Tax Breaks & Subsidies|
Denmark]
Delays dog U.S. government loans to green energy projects
October 3, 2012 by Ayesha Rascoe and Roberta Rampton in Reuters
October 3, 2012 by Ayesha Rascoe and Roberta Rampton in Reuters
A year after the U.S. government raced to meet a deadline to finish loan agreements with dozens of clean energy companies, less than half the total money promised has been handed over.
Technical questions and companies' own failures in hitting contractual milestones are behind some of the holdups.
Also filed under [
Tax Breaks & Subsidies]
Vestas mulls US options, says PTC confidence higher
October 3, 2012 by Ben Backwell in Recharge News
October 3, 2012 by Ben Backwell in Recharge News
Danish wind turbine group Vestas is still mulling its options over how to restructure its US manufacturing operations, but says confidence is growing over prospects of an extension to a key tax-credit for the industry.
Also filed under [
Tax Breaks & Subsidies]
A company owned by Chinese citizens has added President Barack Obama as a defendant in a lawsuit alleging the U.S. government exceeded its authority in blocking the firm's planned wind farm projects in Oregon near a Navy base.
Also filed under [
General]
No one has ever before sued the US president over this type of ruling, but Ralls argues that Mr Obama exceeded his powers ...
On Friday afternoon, Obama issued an order compelling the company to sell within 90 days four wind farm sites in Oregon, and to clear all its equipment and structures off the sites within 14 days.
Also filed under [
Tax Breaks & Subsidies|
Oregon]
South Texas wind farm developers cautious as tax credit expires
September 30, 2012 by Mark Collette in Corpus Christi Caller
September 30, 2012 by Mark Collette in Corpus Christi Caller
Expiration of the credit would have a significant impact on development of about 80 turbines near Petronila in Nueces County, said Patrick Woodson, chief operating officer for Germany-based E.On Climate & Renewables in North America. The company wants to build in 2013.
Also filed under [
Tax Breaks & Subsidies|
Texas]
Obama blocks Chinese firm's Oregon wind farm projects
September 29, 2012 by Neela Banerjee and Don Lee in Los Angeles Times
September 29, 2012 by Neela Banerjee and Don Lee in Los Angeles Times
The wind farm sites are all in or near restricted airspace at the Naval Weapons Systems Training Facility in Boardman, Ore. ...The interagency Committee on Foreign Investment in the United States initially recommended against allowing the transaction in July. But only the president can halt an acquisition.
Barack Obama said he had decided that Ralls, the company behind the project, "might take action that threatens to impair the national security of the United States," and ordered it to sell its four sites and remove its equipment.
Idaho Utility and wind power generators still battling over wind energy curtailment
September 28, 2012 by Marsha W. Johnston in Renewable Energy World
September 28, 2012 by Marsha W. Johnston in Renewable Energy World
Paying too much for renewables was the Idaho Power's primary argument for curtailment, saying that the non-negotiated rates it is required to employ are as much as $65 per MWh, compared to $5 per MWh for hydroelectric. "One of our problems [with renewable energy] in Idaho is low [energy] prices and lack of need.
Also filed under [
Idaho]
Suzlon sues Edison unit over payment for turbines to Big Sky
September 28, 2012 by Natalie Obiko Pearson in Bloomberg News
September 28, 2012 by Natalie Obiko Pearson in Bloomberg News
"Big Sky's unwillingness to make the mandatory prepayment on the mandatory prepayment date is motivated by not only the challenge faced by Big Sky in selling power in a sluggish renewable energy market, but also by reason of the precarious financial situation of Edison" which has said its unit may have to file for bankruptcy.
"Indiana bats are beginning to slip away from us," said Mollie Matteson, a bat specialist with the Center for Biological Diversity, which this spring petitioned the White House for national action on the disease outbreak. "At this point, every remaining Indiana bat is a precious survivor.
Also filed under [
Impact on Wildlife|
Impact on Bats]
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