Wind

Among the surprises in President Barack Obama’s second Inaugural Address on Monday was his promise to address the challenges of climate change and sustainable energy. An independent draft report released about a week earlier on climate change and its impacts in the U.S. may have helped to fuel his renewed resolve on these intertwined issues.

The U.S. International Trade Commission (ITC) on Friday narrowly approved a determination that U.S. industry is materially injured or threatened with material injury by imports of unfairly subsidized utility-scale wind towers from China and Vietnam. The ITC’s determination gives the Department of Commerce the green light to issue antidumping and countervailing duty orders on imports of those products from the two countries.

Once a world leader in innovation and manufacturing of clean energy technologies, the U.S. now faces significant competitive challenges from Europe and Asia, and it lags behind other nations on measures that include renewables deployment, manufacturing, and innovation, a new report suggests.

An agreement reached between the Virginia Attorney General’s office, Dominion Virginia Power, and Appalachian Power proposes to reduce financial incentives associated with the utilities’ generation of renewables and construction of new fossil fuel–fired power plants.

A long-sought extension of the wind energy tax credits are included in the “fiscal cliff” bill signed today by President Obama. Unlike past extensions, it allows the credit to cover wind farms that begin construction—not just those that begin operations—in 2013.

Global generating capacity is poised to soar by more than 72%, to 9,340 GW, by 2035 from 5,429 GW in 2011, despite retirement of about 1,980 GW, the International Energy Agency (IEA) forecasts in its World Energy Outlook 2012, released in November.

North American shale gas was supposed to realign the generation fleet here and abroad (thanks to anticipated exports) far into the future. Turns out, that’s not exactly how the near term is shaping up. Despite stagnant (and even putrid) economies and legislative bodies in the U.S. and EU, there promises to be sufficient market volatility to keep everyone alert.

Once you synthesize all the elements of the Golden State’s clean energy strategy and extrapolate current trends, it’s easy to see that an impending break with the traditional power generation paradigm is coming, intended or not.

Last week, as the broader debate over the "fiscal cliff" muted discussions over whether an extension to the wind production tax credit (PTC) should be granted, the top ranking executive of wind power lobby group the American Wind Energy Association (AWEA) last week announced her resignation.

Fuel for power generation will account for about 55% of demand-related energy growth through 2040, ExxonMobil forecasts in its freshly released annual energy forecast. Like several other forecasters, the Irving, Texas–based oil and gas company also predicts that natural gas will emerge as the leading source of electricity generation by 2040. Among key findings in […]