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December 18, 2012
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News for wind power professionals and advocates

  Industry Update 
  • GE surprised at pace of wind power growth
    General Electric installed its 20,000th wind turbine last month, thanks to the robust growth in wind power development in the past decade. "We certainly had high expectations, but we didn't expect that in the U.S. wind would be the number one power generation technology installed in this country this year," said Matt Guyette, chief strategy and marketing officer for GE Wind. Wind turbines are responsible for more than 35% of all new capacity over the past five years in the U.S., more than nuclear and coal combined, according to data from the American Wind Energy Association. AOL Energy (12/17) LinkedInFacebookTwitterEmail this Story
  • Vestas CEO says U.S. wind market may shrink 80% in 2013
    Vestas Wind Systems CEO Ditlev Engel was quoted in a newspaper report saying that the U.S. wind market may shrink 80% in 2013 if policies like the renewable-energy Production Tax Credit are not renewed. Overcapacity has cut into the profit margins of Vestas, which announced on Nov. 7 plans to lay off 3,000 more workers. Bloomberg Businessweek (12/17) LinkedInFacebookTwitterEmail this Story
  • Mitsui, Fiera Axium buy 60% stake in GDF Suez projects in Canada
    GDF Suez has decided to sell a 60% stake in its wind and solar energy projects in Canada to Mitsui and Fiera Axium Infrastructure in an effort to reduce debt, the French natural gas company said. The Canadian projects have an enterprise value worth $1.98 billion. "This transaction represents an excellent example of monetizing value created through our investments, alongside retaining the upside from future renewable developments and from our operations and maintenance experience," GDF Chairman and CEO GĂ©rard Mestrallet said. Reuters (12/17) LinkedInFacebookTwitterEmail this Story
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  Project Focus 
  Economy, Energy & Trends 
  • Proposed Lake Erie wind project would be good for Ohio's economy
    Lake Erie Energy Development's proposed offshore wind project in Cleveland is among the seven awarded up to $4 million in funding by the Department of Energy, writes Rebecca Bagley, president and CEO of NorTech, a nonprofit group promoting technology-based economic development in Northeast Ohio. The project would feature five to nine wind turbines in Lake Erie, which would make it the first freshwater wind project in the country, Bagley notes. "With this project as a catalyst, the offshore wind industry in Lake Erie could generate 8,000 jobs over the next 20 years, leading to 5,000 MW of offshore wind energy in the lake by 2030," Bagley adds. Forbes (12/17) LinkedInFacebookTwitterEmail this Story
  • Opinion: Wind power exerts downward pressure on power rates
    A blog post by author Ozzie Zehner was right to point out that wind energy exerts downward pressure on electricity rates, which is a good thing for consumers, write Tom Vinson and Michael Goggin, senior director of federal regulatory affairs and manager of transmission policy, respectively, at the American Wind Energy Association. "Adding wind energy to the grid displaces the output of the most expensive and least efficient power plants first, so even relatively small additions of wind energy can cause major declines in the price of electricity," Vinson and Goggin state. The Hill/Congress Blog (12/17) LinkedInFacebookTwitterEmail this Story
  Policy Watch 
  • Opinion: Wind power helps clean the air, conserve water
    Congress should extend the wind-energy Production Tax Credit and the offshore-wind Investment Tax Credit to maintain the gains made by the industry in reducing harmful carbon emissions that are linked to global warming, writes Margie Alt, executive director of Environment America. Aside from helping clean the air, wind power does not require water for cooling, resulting in significant water savings, Alt points out. "America's current wind energy generation saves enough water to supply the annual water needs of a city the size of Boston," Alt notes. The Huffington Post/The Blog (12/17) LinkedInFacebookTwitterEmail this Story
  AWEA News 
  • Wind Integration Report Highlights Industry Experience, Knowledge
    A report prepared for Mid-Atlantic grid operator PJM Interconnection examines best practices from around the country for integrating wind and solar power -- and in the process underscores the field's growth. Read more. LinkedInFacebookTwitterEmail this Story
  • Dan Reicher Speaking at Regional Wind Energy Summit -- West
    Dan Reicher will speak at the AWEA Regional Wind Energy Summit -- West, AWEA announced. Currently Executive Director of the Steyer-Taylor Center for Energy Policy and Finance at Stanford, Reicher is a former U.S. Assistant Secretary for Energy Efficiency and Renewable Energy and Director of Climate Change at Google. Hear his perspective on the future of wind and renewable energy. Get more information and register today. LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
There are two things that one must get used to or one will find life unendurable: the damages of time and injustices of men."
--Nicolas Chamfort,
French writer


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These stories were selected and summarized by independent editors at SmartBrief Inc., not by AWEA's staff, and do not represent AWEA positions. They reflect the variety of daily coverage of American wind power.
 
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