Wind

An energy blueprint released on Monday by Sen. Lisa Murkowski (R-Alaska), the ranking minority member of the Senate Energy and Natural Resources Committee, calls for complete independence from OPEC oil by 2020.

>Gas-fired power has a growing and well-established niche in providing load-following for wind farms. But two recent reports suggest the demand on these plants may be greater than anticipated, as long-term output from wind may be falling short of original projections.

The Federal Energy Regulatory Commission (FERC) on Thursday proposed four reforms intended to reduce the time and cost to process transmission interconnection requests from generating facilities of 20 MW or smaller. The reforms would boost reliability by increasing energy supply and remove hurdles in the development of new renewable power sources, FERC said.

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.