Articles filed under Energy Policy
Instead of creating investor certainty, the federal government has adopted a “picking winners” approach. It plans to build new generation assets such as the Snowy 2.0 pumped hydro project, and subsidise others through a program of underwriting investments. Alongside this, the government’s proposed “big stick” laws would give it vast powers including those to break up big energy companies. Our research has confirmed this has a chilling effect on investment.
The Interior Department cited the surge in corporate interest for offshore wind projects in saying it wanted more study before moving forward. It directed Vineyard Wind to research the overall impact of the East Coast's planned wind boom.
When Vermont policymakers discuss the state’s rising greenhouse gas emissions, the consensus is that the electric sector is doing pretty well.
The close call in Texas in mid-August should be a lesson for ERCOT to rethink how it is valuing dispatchable, baseload power. The addition of more intermittent capacity to the market will likely make the reliability challenges Texas is facing only more difficult to manage. Further, the 100% renewable goal that several states have instituted should be viewed as a farce as the City of Georgetown recently discovered.
On August 12, a heatwave drove electricity demand in Texas to an all-time high. Electricity prices across the Texas power grid surged 36,000 percent, to roughly $6,537 per megawatt-hour—far higher than the average Texas price of $20 to $30 per megawatt-hour. Not only did electricity demand climb enormously as Texans cranked their air conditioners in 100-degree weather, but electricity generation at Texas wind farms simultaneously fell 50 percent due to lack of wind in the hot, listless air.
Germany’s government clearly missed all three self-imposed targets associated with a shift to tenders in the allocation of support for renewable energy, a joint study by the World Wind Energy Association (WWEA) and the Renewable Energy Association of North Rhine-Westphalia (LEE NRW) has found.
Residential electricity prices in Missouri run lower than the national average. And so, as our state looks to incorporate more renewable energy, we should consider the importance of a balanced, diverse mix of electricity sources. The experience of Texas shows that our primary focus must be on ensuring reliable, affordable electricity in the years to come.
“We’re the No. 1 energy producer in the world,” Trump said at the end of a summit of Group of Seven in Biarritz, France. “I’m not going to lose that wealth on dreams, on windmills, which, frankly are not working all that well.”
The focus shifted to offshore wind farms, and the new Contracts for Difference scheme for their subsidy. A kind of reverse auction, it encouraged operators to put in unfeasibly low bids for the prices at which offshore wind farms would generate. While many have heralded the apparently huge drop in offshore costs, no wind farms have actually begun operating at this rate. Industry experts doubt they ever will, suspecting the low offers were a ruse to lock out competition and then blackmail the government on pain of bankruptcy if the price is not raised. The days where developers saw a prospective wind farm as a licence to print money while policymakers extolled wind energy as clean, green and free are long gone.
MEXICO CITY — Mannti Cummins, a Corpus Christi wind developer, has spent the last 17 years building wind energy projects in the Rio Grande Valley, from Brownsville to Baffin Bay.
Defenders of California’s renewable-first policy say that the state’s average residential electricity bills are relatively low. But that has ...everything to do with a temperate climate where Californians simply use less energy. Move California’s electricity prices to other states and the same electricity rates would be devastating. And yet, California’s energy approach is being replicated across the country, with little understanding of the potential consequences.
“There is a lot of marketing and only a few real actions," he said. "There are people announcing that they are committed to ‘better energies’ and what have you, but if you look at the European companies, the ones that are leading announcements in renewables, the projections for the participation of renewables in their revenues in 2030 is of 1%, 1.5% tops."
Bell said there was enough pushback on a version passed June 24 by the House Committee on Energy and Public Utilities to convince him that a deal can’t be worked out this session. ...Bell said he expected to revisit the bill during the legislature’s short session next year.
BOEM spokesman Stephen Boutwell said NMFS is required to co-sign the project’s Record of Decision, a formal decision document, for the permit to be issued. The final environmental impact study and record of decision had originally been expected in April but were later delayed to June and then early July. Boutwell said the agency does not “have a date for these publications at this time.”
According to its findings, more than 70 percent of the legal objections are based on species conservation, especially the threat to endangered bird species and bats. ...In addition to species protection, it is primarily conflicts with noise protection that are leading to legal objections against wind power projects. They are responsible for 17 per cent of legal cases. Monument protection are behind six percent of lawsuits.
Europe installed 2.9GW of new onshore wind capacity in the period, down from 3.3GW in the first half of 2018, while offshore wind additions rose to 1.9GW in the first half, up from 1.1GW added in the year-ago period, industry group WindEurope said. Germany experienced its worst half year in terms of onshore installations since 2000, with only 252MW added.
The legislation would support FirstEnergy’s Davis-Besse and Perry plants through a fee added to customer bills beginning in 2021. It would be offset by reducing Ohio’s clean-energy goals to 8.5% instead of the 12.5% target now. The measure also eliminates monthly surcharges to support energy efficiency measures.
A Senate committee on Monday rolled out yet another version of a bill that bails out the state’s two nuclear plants, but now increases support for renewable energy in Ohio while still promising lower electricity bills for consumers.
Bob Brown’s objection to a wind farm highlights two important facts: renewables do affect the ecology and activists’ solutions tend towards exporting their environmental responsibilities rather than addressing them at home. In the US large-scale solar and wind farms are now having measurable effects on the environment and there are signs of resistance to new projects.