Wind energy is expected to grow in the U.S. over the next two years, but the expiration of the wind Production Tax Credit has cast doubt on the future beyond 2015 despite declines in cost and prices, says the Department of Energy’s annual report on the sector, according to Platts.
The New Jersey Board of Public Utilities has to look again at the wind farm proposed by Fishermen’s Energy that it rejected in March, in part because of a $47 million grant the Department of Energy awarded to the project in May, according to a ruling from a state appeals court, The Record reports.
The Interior Department is set to hold its third competitive Atlantic Ocean offshore wind energy lease sale on Tuesday, one that has attracted the interest of more than a dozen companies who could tap into Maryland's new subsidy program.
The lease sale makes available nearly 80,000 acres extending to the east and south from about 10 miles off Ocean City, Md., with 16 companies signed up to bid, the department's Bureau of Ocean Energy Management said.
Energy Secretary Ernest Moniz wants the public -- and Congress -- to know that the average cost of wind power has reached a new low, but future growth of the industry depends on renewal of the wind Production Tax Credit.
The credit expired at the end of last year, but because it applied to projects that had gotten underway, the industry has had time to lobby lawmakers for a renewal before construction falls off after those projects are completed.
Bill Miller, CEO of Power Company of Wyoming LLC, says his firm’s Chokecherry and Sierra Madre 3,000-megawatt wind farm would benefit if Congress restored the wind production tax credit, but the project will go ahead regardless, the Casper Star-Tribune reports.
A group of 21 environmental and clean energy groups have sent a letter to Sen. Barbara Mikulski, D-Md., asking her to remove language from a defense appropriations bill that would delay construction of a Pioneer Green Energy wind farm in the Chesapeake Bay area over fears it would interfere with operations at the nearby Patuxent River Naval Air Station, Gannett’s DelmarvaNow reports.
Efforts to renew the expired wind production tax credit have stalled in the Senate logjam so far this year, and any future push to revive it may depend on the outcome of the November elections, in particular whether Republicans win control of the Senate, E&E reports.
Rail backlogs caused by the shale oil boom are causing trouble for farmers, who are having problems shipping their crops, and a bumper harvest this summer could end up rotting in the fields, several told The New York Times.
Researchers at the Massachusetts Institute of Technology – in a study published in the journal Nature Climate Change and funded in part by the Environmental Protection Agency and the Energy Department -- found that because of the health improvements they bring as the result of lower pollution levels, the benefits of policies to cut carbon could in some instances more than offset their costs, E&E reports.
The Environmental Protection Agency failed to provide supporting data required under the Clean Air Act when it proposed its rule limiting carbon emissions from existing power plants, according to a letter 13 states – led by West Virginia and its Attorney General Patrick Morrissey -- sent to the EPA Monday, The Hill reports.
News of strong consumer confidence numbers, an increase in durable goods orders and an expectation of a stockpile drop sent oil higher Tuesday. West Texas Intermediate crude rose 58 cents to $93.93 a barrel on the Nymex, while in London Brent crude gained 17 cents to $102.82, Bloomberg reports.
Mexican oil production could increase by as much as 75 percent over the next 25 years as a result of its move to open up the country’s energy industry to private investment, according to a prediction from the Energy Information Administration, The Hill reports.
Changes to diversify Europe’s energy supply can’t be made overnight, said Maria van der Hoeven, head of the International Energy Agency, which means that the region will continue to rely on Russian gas in the immediate future, The Wall Street Journal reports.
Music, gift bags and a host of officials including Gov. Tom Corbett, R-Pa., were part of the day’s events Monday as Consol Energy officially inaugurated its natural gas drilling at Pittsburgh International Airport, the Pittsburgh Post-Gazette reports.
U.S. District Judge Gray Miller has ruled in favor of the Kurdistan Regional Government, and lifted an order mandating the seizure of any crude offloaded from a tanker anchored off Galveston, but gave the Iraqi government 10 days to file an amended complaint, FuelFix reports.
A lawsuit filed by former contractor Kenneth Abbott and the environmental group Food & Water Watch, claiming that BP misled regulators about the safety of its operations in the Atlantis field in the Gulf of Mexico, has been dismissed by U.S. District Judge Lynn Hughes, FuelFix reports.
An Australian university student, Joe Duggan, has set up a website and a Twitter feed -- entitled Is This How You feel -- where scientists are encouraged to air their concerns, speak of their fears, and express their feelings and emotions about the issues surrounding climate change, National Journal reports.