Library from Texas

AEP cancels Wind Catcher Project

Company remains focused on 5-7 percent earnings growth through investments to improve service for customers COLUMBUS, Ohio – American Electric Power (NYSE: AEP) is canceling the Wind Catcher project as a result of the Public Utility Commission of Texas’ July 26 decision to deny approval of the project. The project had been approved by the Arkansas Public Service Commission, Louisiana Public Service Commission and Federal Energy Regulatory Commission. A decision was pending at the Oklahoma Corporation Commission.
27 Jul 2018

Debate in Concho County exposes issues with Chapter 312

There’s a growing body of research that highlights the negative effects of tax abatements granted for renewable energy under Texas Tax Code Chapter 312 and 313. Among the effects are the harm to the reliability of the electric grid, the hidden cost to Texans via taxes, and the unfortunate experiences of those who live next to large wind farms.
26 Jul 2018

AEP getting anxious over delays in $4.5B Wind Catcher project, earnings call shows

AEP's original schedule called for the need to order the longest-lead-time equipment by Aug. 6. Through some negotiations, it has been able to delay those orders until the end of August, but the company can't afford to delay much longer, AEP CFO Brian Tierney told investors. It needs to make its timetables in order for developer Invenergy LLC to complete the wind farm by 2020.
25 Jul 2018

Transmission line is 'game changer' for AEP's $4.5B Wind Catcher, Texas PUC chair says

The 2,000 MW Wind Catcher Energy Connection project proposed by SWEPCO, a subsidiary of American Electric Power, came under scrutiny from the PUCT earlier this week as the regulators questioned the prudence of putting such a large investment on ratepayers, particularly with the inclusion of a $1.6 billion transmission line to move the energy from the wind farm.
18 Jul 2018

Opposition to wind farms escalating

Opposition to wind farms in Texas is escalating as more projects are proposed close to where people live. More and more Texans find that giant turbines aren’t good neighbors. Now, no one is trying to eliminate renewable energy. What we – and many of your neighbors – are calling for is an honest discussion about the true costs of subsidizing wind energy.
16 Jul 2018

Texas Regulators Fear Customer Risk from Wind Catcher

Regulators threw a wrench in American Electric Power’s massive Wind Catcher Energy Connection on Thursday, expressing concerns over whether the company will protect ratepayers from the project’s risks. ...“I’m going to be upfront with you,” [Public Utility Commission Chair DeAnn] Walker said ...“At this point, I can’t approve the [project].” Walker said she would need additional consumer protections from SWEPCO, which would own 70% of the $4.5 billion project.
15 Jul 2018

Texas Wind Power Story: How Subsidies Drive Texas Wind Power Development

381724074-2018-04-rr-texaswindpowerstorypart1-acee-lisalinowes_thumb Texas Public Policy Foundation released the paper “Texas Wind Power Story: Part 1 – How Subsidies Drive Texas Wind Power Development,” which shows that the growth of the wind industry in Texas is spurred by, and only viable because of subsidies such as the production tax credit, along with tax breaks at the state and local level. A summary of the paper is provided below. The full paper can be downloaded from the links on this page. 
20 Jun 2018

The Human Cost of Subsidizing Wind Energy

AUSTIN – The Texas Public Policy Foundation released a new video that reveals a side of the debate over wind energy that rarely receives any attention – the downside.   “Like any energy source, wind energy comes with tradeoffs,” said Bill Peacock, TPPF’s vice president for research. “The reality is that wind energy comes at a great cost, particularly to nearby homeowners. One of the great drawbacks of wind turbines is the noise.”   TPPF interviewed Comanche County residents who live near wind farms.   “Some people describe it as a jet plane that never lands,” said one resident.
19 Jun 2018

http://www.windaction.org/posts?location=Texas&p=2
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