Andrew Follett for the Daily Caller: Officials from Britain’s wind industry are terrified their subsidies and tax incentives will end because of the U.K.’s decision to leave the European Union, according to a report by Reuters published Friday.
The report found that British wind companies, particularly ones that specialize in offshore wind power, are worried that Brexit places the government subsidies and easy access to financing at risk. The industry is deeply dependent on these subsidies to make projects more economically viable. Britain’s political uncertainty following the pending resignation of Prime Minister David Cameron means cuts to subsidies are likely. The Brexit could also make it much harder for wind companies to get loans from European banks, which could significantly slow the expansion of wind power. Cont'd...
AWEA statement: Pledge of 50 percent zero-carbon electricity by 2025 possible by growing more low-cost, reliable wind energy
Advanced Energy Economy Applauds FERC Inquiry on Barriers to Energy Storage, Calls for Electricity Market Participation of All Advanced Energy Technologies
By Daniel Cusick, ClimateWire for Scientific American: The first offshore wind farm in the United States is set to begin delivering power to Rhode Island’s electricity grid by year’s end, a milestone that could help reshape energy markets from New England to South Florida, experts say.
But for U.S. offshore wind power to achieve its full potential, as much as 4 gigawatts of capacity, it will need a major influx of capital and know-how, much of which will come from Europe, where the technology has a 25-year performance record and now accounts for 11 GW of generation capacity on the continent.
Representatives of top U.S. and European wind firms—including executives of Deepwater Wind, the firm building the 30-megawatt Block Island Wind Farm off Rhode Island—told industry peers gathered on the Gulf Coast last week that the industry should act now to establish the technical, logistical and policy frameworks to build more offshore wind farms in the United States. Cont'd...
Julian Spector for CityLab: A lot has been said already about the success of the states that are leading the adoption of solar energy. There’s plenty to celebrate, as solar installationssmash records and as the industry grows 12 times faster than the U.S. economy. At the same time, it’s important to recognize that many people live in places where the government is either not facilitating a solar market or is actively smothering it.
Solar obstructionism takes center stage in a report, aptly titled “Throwing Shade,” out Tuesday from Greer Ryan at the Center for Biological Diversity. The organization advocates for an energy system that’s clean, equitable, and wildlife friendly, so Ryan set out to rank the states based on how well their policies encourage rooftop solar panels. Then she analyzed the 10 worst-scoring states with the highest solar potential in order to better understand how the absence of state-level policies—or the presence of antagonistic ones—hampers the growth of solar markets. Cont'd...
ESA Commends Senate on Passing the Energy Policy Modernization Act, Bipartisan Agreement on Importance of Energy Storage
Adam Vaughan for The Guardian: The amount of household solar power capacity installed in the past two months has plummeted by three quarters following the government’s cuts to subsidies, according to new figures.
A fall in solar power was expected following a 65% reduction in government incentives paid to householders, but the size of the drop-off will dismay green campaigners who want take up on clean energy sources to accelerate.
Data published by the energy regulator this week shows there was 21 megawatts (MW) of small solar installed in February and March this year, after a new, lower incentive rate came into effect. By contrast, energy department figures show that for the same period in 2015, 81MW was installed. Cont'd...
From North American WindPower: According to MAKE’s latest wind power outlook for North America, unprecedented long-term policy certainty in the U.S., along with a new climate-conscious government in Canada, will enable nearly 75 GW of total wind power growth in the region from 2016 to 2025.
The production tax credit (PTC) in the U.S. was extended in December 2015 as a multiyear phaseout and will support a total of 44.4 GW of wind power additions from 2016 to 2021. However, as the value of the PTC phases down after 2018, several drivers must align to sustain wind power growth in the U.S. At the sub-regional level, Texas will lead wind power growth from 2016 to 2018, followed by the Plains and the Midwest.
Turbine technology advancement and balance-of-plant cost reductions will continue to drive down the levelized cost of electricity (LCOE) of wind power and offset a portion of the lost PTC value from 2019. This will allow wind power to maintain a substantial share of new power generation demand, despite attractive costs for natural gas power and rising competition from solar photovoltaics. Last year, the U.S. alone added nearly 8.6 GW of new wind energy generation. Cont'd...
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