Into the Wind - the AWEA Blog

The Arkansas Project’s Nic Horton has an opinion column at Watchdog.org, attacking Arkansas Gov. Mike Beebe (D) and his support for the federal wind energy Production Tax Credit (PTC).  Here are some facts Mr. Horton neglected to mention:

The PTC is an effective tool to allow developers to raise private capital in the marketplace and bring renewable energy projects to completion. Furthermore, the PTC applies only to actual electricity produced from utility-scale wind turbines. A wind project developer does not receive the credit until the wind turbine actually generates power. Because the PTC is a business tax credit, funding is based solely on project performance, not evaluation by government officials.

A recent Congressional Budget Office (CBO) report points ...

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Citing potential impacts on their local economies, both the Aberdeen (S.D.) American News and Pacific Coast Business Times (Santa Barbara, Calif.) in recent days have joined a long list of newspapers around the country endorsing an extension of the federal wind energy Production Tax Credit (PTC).

In backing the PTC, the Aberdeen American News pointed to local manufacturer Molded Fiber Glass, which makes wind turbine blades and employs 400 in the city.  Molded Fiber Glass, it added,

- "Spends more than $2.82 million in South Dakota each year

- "Pays $1 million in property and sales tax each year

- "And has a $16 million annual payroll ...

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IEA Wind, a cooperative technology research and analysis effort of the International Energy Agency, has released a new report which confirms that the cost of wind-generated electricity in the U.S. and Denmark is at an all-time low due to performance improvements driven by advances in wind technology.

As its title suggests, the report, "The Past and Future Cost of Wind Energy," is aimed at understanding factors which have influenced the cost of delivered wind energy in the past and using that information to estimate future cost trends.  Researchers from the Lawrence Berkeley National Laboratory (LBNL) and National Renewable Energy Laboratory (NREL) worked on the report along with ...

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Arbitrary tax code restrictions hampering investment, job creation potential

ATLANTA, Ga., June 5, 2012 – A new report released today by the Maguire Energy Institute at Southern Methodist University finds that expanding access to Master Limited Partnerships (MLP) for renewable energy has the potential to allow billions of dollars of untapped investment from Main Street investors to support renewable energy infrastructure.

An MLP is a publicly-traded limited partnership in which regular investors can purchase shares in the partnership (called MLP units) just like stock shares. These investments have long been utilized by the oil and gas industry, but renewable projects have been excluded by federal tax law from using them.

...

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Adding the next 11,000 megawatts (MW) of wind generating capacity to the western U.S. could be done in such a way as to reduce both wholesale costs and utility system variability, according to Lawrence Willick of LS Power.

Willick, one of the speakers at the WINDPOWER 2012 session "Operation Transmission: Plugging Wind into America," said the Western Renewable Energy Zone study published in 2009 had pegged wind potential of the western states at 95,000 MW, well above the 14,000 MW currently installed in the region.  "The question is, what's the next step?," he added.

The CREZ Transmission Optimization Study, conducted in conjunction with the Competitive Renewable Energy Zone program in Texas, provided the technical basis for a substantial expansion of wind ...

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U.S. has strong market share in wind, but is still in 4th place, WWF report finds

China continues to lead the global clean energy technology manufacturing race, according to a new report commissioned by World Wildlife Fund (WWF) and launched at the WINDPOWER 2012 Conference & Exhibition in Atlanta yesterday.

The third edition of WWF's "Clean Economy, Living Planet" ranks 25 countries based on 2011 sales of the clean energy technology products they manufacture, such as solar panels and wind turbines. It found that in terms of total sales value of clean energy technology, China had the largest market, followed by the United States and Germany. ...

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Xcel Energy set a new record April 15 between 3 and 4 a.m. with 56.7 percent of the electricity on the Xcel Colorado system coming from wind power, a company spokesperson announced at a utility luncheon at the WINDPOWER 2012 Conference & Exhibition in Atlanta, Ga., today.

The new mark surpassed the system's previous high of 55.6 percent, reached Oct. 6, 2011, between 4 and 5 a.m.


Related articles:

WINDPOWER 2012 Update: Transmission for wind in western U.S.: Lower cost, lower variability, June 5, 2012

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New campaign advocates for renewing Production Tax Credit for wind

Today the Sierra Club launched “Wind Works,” a new campaign to advocate for renewal of the federal Production Tax Credit (PTC) for wind energy. The PTC, the group said, is a federal tax policy that helps level the playing field by providing the certainty the wind industry needs for continued growth.

“The 'Wind Works' campaign is the Sierra Club’s move to the next level, in advocating for renewable energy jobs and ensuring America transitions to a clean energy economy,” said Dave Hamilton, Director for Clean Energy of the Beyond Coal Campaign at the Sierra Club. “Congress is holding thousands of high-quality American jobs in their hands, but every day of uncertainty for ...

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The main speakers at the opening session of the WINDPOWER 2012 Conference & Exhibition in Atlanta, Ga., provided a concise cross-section of the bipartisan support behind both the wind power industry and its primary incentive, the federal wind energy Production Tax Credit (PTC).

Kansas Gov. Sam Brownback (R), Arkansas Gov. Mike Beebe (D), and White House energy advisor Heather Zichal all expressed support for the PTC and placed it and the wind industry's future in the context of U.S. national priorities and needs.

Brownback noted that the Sunflower State currently leads the nation in new turbines under construction (663), an amount that will add another 1,400 megawatts (MW) of wind capacity and double the state's wind generation in a single year (1,400 MW is ...

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Sherman Elliott, an energy consultant and former Illinois Commissioner, was quoted in a recent EnergyBiz article criticizing a recent study of the benefits and costs for consumers of adding wind energy and transmission in the Midwest Independent System Operator (MISO) grid operating region, comprising all or part of 13 states in the Upper Midwest. The original study was authored by respected economic consultants Synapse Energy Economics, and found that adding 20-40 GW of wind energy and associated transmission to the MISO region would yield net consumer benefits of between $3 and $9.4 billion per year, or $63-200 in annual benefits per household in the region, even after the costs of the investment were ...

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