Maryland Paves the Way for Large-Scale Offshore Wind Projects

EnerKnol Research Reports, PRODUCTS, Renewables, Wind Power

The Maryland Public Service Commission has awarded offshore wind renewable energy credits to advance two large-scale offshore projects with a combined capacity of 368 MW, potentially outdoing the capacity of the 30 MW Block Island, the only operational offshore wind facility in the U.S. The extension of the wind PTC and the successful completion of the Block Island project have spurred more companies and states to increase their focus on offshore wind development. State policy shifts to advance offshore wind projects will likely provide the much-needed impetus for the U.S. offshore wind industry, which has been plagued by regulatory uncertainty, permitting hurdles, high infrastructure costs, and public resistance.

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EnerKnol’s Visual Primer – Maryland Paves the Way for Large-Scale Offshore Wind Projects

EnerKnol Research Reports, PRODUCTS, Renewables, Wind Power

The Maryland Public Service Commission has awarded offshore wind renewable energy credits to advance two large-scale offshore projects with a combined capacity of 368 MW, potentially outdoing the capacity of the 30 MW Block Island, the only operational offshore wind facility in the U.S. The extension of the wind PTC and the successful completion of the Block Island project have spurred more companies and states to increase their focus on offshore wind development. State policy shifts to advance offshore wind projects will likely provide the much-needed impetus for the U.S. offshore wind industry, which has been plagued by regulatory uncertainty, permitting hurdles, high infrastructure costs, and public resistance.

Early Ending of Tax Credits Casts Uncertainty over Oklahoma Wind Industry

EnerKnol Research Reports, PRODUCTS, Renewables, Wind Power

Oklahoma has enacted legislation ending the state’s wind energy tax credits on July 1, 2017, more than three years ahead of the original schedule to help close a budget deficit. The early sunset of tax credits is unlikely to impact the budget outlook in the near term, but creates uncertainty for wind projects under construction. Addressing the state’s recurring budget deficits require a comprehensive economic plan and a long-term strategy to draw new investment and align revenues.

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Early Ending of Tax Credits Casts Uncertainty over Oklahoma Wind Industry

EnerKnol’s Visual Primer – Early Ending of Tax Credits Casts Uncertainty over Oklahoma Wind Industry

Blog, EnerKnol Research Reports, PRODUCTS, Renewables, Wind Power

Oklahoma has enacted legislation ending the state’s wind energy tax credits on July 1, 2017, more than three years ahead of the original schedule to help close a budget deficit. The early sunset of tax credits is unlikely to impact the budget outlook in the near term, but creates uncertainty for wind projects under construction. Addressing the state’s recurring budget deficits require a comprehensive economic plan and a long-term strategy to draw new investment and align revenues.

DOI Approves the Largest U.S. Onshore Wind Energy Project in Coal-Dominated Wyoming

EnerKnol Research Reports, PRODUCTS, Renewables, Wind Power

The Department of the Interior has approved Phase I of a 3 GW wind project to be built in two phases on 220,000 acres in Wyoming. Meanwhile, legislators have introduced a bill that would ban the use of large-scale renewable generation to meet in-state needs by 2019. Despite the state’s high-quality wind resources, additional regulatory and tax burden on Wyoming’s wind industry could make the state less competitive nationwide, creating a foregone opportunity in the long term.

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EnerKnol’s Visual Primer – DOI Approves the Largest U.S. Onshore Wind Energy Project in Coal-Dominated Wyoming

Blog, EnerKnol Research Reports, PRODUCTS, Renewables, Wind Power

The Department of the Interior has approved Phase I of a 3 GW wind project to be built in two phases on 220,000 acres in Wyoming. Meanwhile, legislators have introduced a bill that would ban the use of large-scale renewable generation to meet in-state needs by 2019. Despite the state’s high-quality wind resources, additional regulatory and tax burden on Wyoming’s wind industry could make the state less competitive nationwide, creating a foregone opportunity in the long term.

Department of Interior Finalizes Pending Regulations amid Presidential Transition

EnerKnol Research Reports, Fossil Fuels, Natural Gas, Oil, PRODUCTS, Solar Power, Wind Power

The Department of the Interior (DOI) has announced the final Methane and Waste Prevention Rule, one of the last major climate mitigation efforts of the Obama Administration, the 2017-2022 Offshore Oil and Gas Leasing Plan, and final rules creating competitive leasing processes for renewable development on public lands. Multiple rules finalized in the last months of the administration face the risk of being rescinded or weakened under the incoming Trump administration.

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EnerKnol’s Visual Primer – Department of Interior Finalizes Pending Regulations amid Presidential Transition

Blog, EnerKnol Research Reports, Fossil Fuels, Natural Gas, Oil, PRODUCTS, Solar Power, Wind Power

The Department of the Interior (DOI) has announced the final Methane and Waste Prevention Rule, one of the last major climate mitigation efforts of the Obama Administration, the 2017-2022 Offshore Oil and Gas Leasing Plan, and final rules creating competitive leasing processes for renewable development on public lands. Multiple rules finalized in the last months of the administration face the risk of being rescinded or weakened under the incoming Trump administration.

Colorado Approves 600 MW Wind Project in Time to Utilize Federal Tax Incentive

EnerKnol Research Reports, PRODUCTS, Renewables, Wind Power

The Colorado Public Utilities Commission (CO PUC) has approved a settlement agreement allowing Xcel Energy to develop the 600 MW Rush Creek Wind Project in eastern Colorado. By commencing the project by the end of 2016, Xcel energy stands to benefit from the full value of the federal production tax credit which will be gradually phased down from next year.

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EnerKnol’s Visual Primer – Colorado Approves 600 MW Wind Project in Time to Utilize Federal Tax Incentive

Blog, EnerKnol Research Reports, PRODUCTS, Renewables, Wind Power

The Colorado Public Utilities Commission (CO PUC) has approved a settlement agreement allowing Xcel Energy to develop the 600 MW Rush Creek Wind Project in eastern Colorado. By commencing the project by the end of 2016, Xcel energy stands to benefit from the full value of the federal production tax credit which will be gradually phased down from next year.

Wind Generators To Provide Reactive Power Under Revised Interconnection Agreements

EnerKnol Research Reports, PRODUCTS, Renewables, Wind Power

Key Takeaways: Reforms to the Federal Energy Regulatory Commission’s (FERC) interconnection requirements will eliminate the current reactive power exemptions for wind generators To implement the proposed amendments, each public utility transmission provider would be required to submit a compliance filing within 90 days after the final rule takes effect With growing wind energy penetration, grid…...

New York Set to Revive Renewable Energy Industry

Biofuels, Electric Vehicles, Emissions, Energy Efficiency, Energy Storage, EnerKnol Research Reports, Environmental Markets, Power & Utilities, PRODUCTS, Renewables, Smart Grid, Solar Power, Wind Power

Key Takeaways: The Reforming the Energy Vision (REV) initiative seeks a fundamental restructuring of New York’s centralized utility model in response to technology advancements and customer trends that favor decentralized power generation The 2015 New York State Energy Plan provides a roadmap to implement the REV strategy through increased renewable generation, energy efficiency, and emissions…...