A majority of the Senate went on record yesterday against reinstating an expired renewable energy tax credit through the end of the decade.The 47-51 failure of a nonbinding measure calling for a five-year extension of the production tax credit (PTC) delivered a tough start to the year for supporters of the wind energy industry, the credit’s primary beneficiary.
Demonizing his critics worked for Gordon for more than a decade, but in the end the NIMBY charge lost its sting when the public recognized Cape Wind as a classic bait and switch. Developers promised cheap, clean energy, and then planned to sell 77.5 percent of the power they were going to produce to NStar and National Grid for some two times the average cost of power generated by US suppliers.
If the state doesn’t set new rules for renewable energy generation, ratepayers could face a $50 million increase in electricity rates, a roughly 6 percent rate hike statewide. In Burlington, rates could go up as much as 20 percent. Officials also say SPEED will not satisfy the state’s greenhouse gas reduction goals.
The Board of Selectmen voted Monday evening to extend the moratorium on wind energy projects for another six months. The extension gives the town time to finish revising the Wind Energy Facility Ordinance.
Moran said Wednesday that listing the lesser prairie chicken as threatened jeopardized the agriculture and energy industries in Kansas and four other states where the bird lived.
Mounting complaints spurred the Huron County Board of Commissioners to consider a moratorium on new wind park development for at least six months. During the board’s meeting Tuesday, Huron County Corporate Counsel Steve Allen said he has reviewed the proposal and he agrees a pause in wind development is appropriate.
Heitkamp cast the amendment as an effort to see where senators stood on the issue and dismissed concerns that it could complicate delicate negotiations around a PTC extension and/or phaseout later this year. "How can I muddy it by asking people where are they today? And if they don't want to say they're for wind energy, then we know what we're up against," Heitkamp told E&E Daily.
AWEA identified the cause of the limited rebound of new wind generating capacity in 2014 being the uncertainty surrounding the renewable energy Production Tax Credit (PTC). ...AWEA's CEO further stated, "...Congress must find a way forward so we don't lose years of investment and send this promising industry over another cliff."
The company said today that after reviewing data gathered at the site over two years it “has come to the conclusion that the site is no longer technically viable and has taken its decision not to proceed with the development”.
Proponents of the PTC continue to argue against all logic for its extension. In a tax system that is rife with overly generous subsidies like the PTC, what Congress should be looking at right now is comprehensive tax reform that would benefit all American taxpayers, instead of maintaining the status quo and supporting subsidies and credits like the PTC at the behest of special interests.
Only two of four wind energy lease areas in federal waters south of Martha’s Vineyard received bids in an auction today and the sale prices were millions of dollars lower than previous auctions for leases of smaller sizes off other coastal states, according to statements by federal energy officials.
Cape Wind has been suspended from New England's wholesale electricity market and has pulled out of a lease for land that had been earmarked for staging the 468MW project. "In general, suspensions are a result of a participant not maintaining a minimum amount of collateral and/or not complying with other financial assurance or billing requirements."
Allen said the county could take a “breather” (moratorium) because the Michigan Zoning Enabling Act delegates policing power to a county for zoning issues for the health, safety and welfare of residents. Also of concern are court costs if the county is sued, which Allen said would add up even if the county were to win.
The Ontario Liberals deliberately ignored the interests and wishes of rural Ontario and made all consumers, both urban and rural pay for it—to the tune of $1 billion to $3 billion annually, with increases projected every year. That’s $20 billion to $60 billion over the next two decades.
Dong Energy is to repair and upgrade all 273 blades at its six-year-old 209MW Horns Rev 2 offshore wind farm in Denmark. The Danish company said it would be removing the components from 91 Siemens 2.3MW machines and bringing them to shore to tackle the “retrofit” work.
Two of her amendments focus on long-term certainty for wind energy industry workers. She proposes a five-year extension on the Production Tax Credit to promote wind energy and other renewable fuels.
The executive committee for the Northeastern Vermont Development Association voted unanimously to recommend that the regional planning commission oppose future wind projects. The recommendation must be approved by the commission’s board of directors.
During his visit to Montgomeryshire Lord Ashdown backed up party leader Nick Clegg’s claims last week that there was a need for renewable energy to combat climate change but this needed to be balanced against protecting the Montgomeryshire countryside
Developer New Gullen Wind Farm is challenging Planning Minister Pru Goward over the NSW Planning and Assessment Commission's (PAC) refusal last October of a modified development application. The DA sought to confirm the location of 69 turbines, previously found by the Department to have been incorrectly placed.
Local resident and spokesman for the Barna Wind Action Group, Michael O’Donovan, from Moneygoff East, said residents have wide-ranging concerns about the the project, on which a decision is expected to be made by the planning authorities early next month.