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February 7, 2013
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News for wind power professionals and advocates

  Industry Update 
  • Cost is lower for wind power than fossil fuels in Australia, data show
    Wind-generated power in Australia, which is the top coal exporter worldwide, now costs less than electricity from a new power plant using coal or natural gas if carbon emissions are factored in, according to a report by Bloomberg New Energy Finance. Power from fossil fuels is more expensive in Australia because of higher financing costs and natural gas prices as well as a recently added charge on carbon emissions. But the cost of wind power generation there has tumbled by 10% in the past two years, according to Bloomberg New Energy Finance. Bloomberg Businessweek (2/6) LinkedInFacebookTwitterEmail this Story
  • Vestas posts 24% revenue growth in 2012, readies for "tough 2013"
    Vestas Wind Systems' revenue grew 24% to almost $9.7 billion in 2012. But the company also said it recorded a $1.3 billion loss, partly because of the uncertainty over the wind-energy Production Tax Credit and cost overruns for the V112 and V80-2.0 megawatt GridStreamer turbines. A drop in orders has led Vestas to be "prepared for a tough 2013," the company said. North American Windpower online (2/6) LinkedInFacebookTwitterEmail this Story
  • Other News
  Project Focus 
  • Deepwater Wind approaches review phase in offshore project
    The Army Corps of Engineers will end its public-comment period on the $300 million Deepwater Wind offshore wind project on Feb. 11, bringing its application closer to the review phase. The Corps of Engineers said it has received more than 80 letters so far on the proposal and that Deepwater Wind will be able to respond to any concerns that are voiced. The Rhode Island Coastal Resources Management Council said it got about 75 comments in its public-comment period, which ended earlier this week. The Day (New London, Conn.) (free registration) (2/6) LinkedInFacebookTwitterEmail this Story
  Economy, Energy & Trends 
  • New class of turbines aims to give wind an edge against fossil fuels
    Technological improvements are boosting the efficiency of wind turbines, creating a new generation of machines that show potential in further boosting wind's cost effectiveness, experts said. Because of innovations in technology, the average cost of wind power has dropped from 15 cents per kilowatt-hour in 1991 to 6.5 cents per kilowatt hour, which is about the same price of new plants running on natural gas, said Ryan Wiser of Lawrence Berkeley National Laboratory in California. MIT Technology Review online (2/6) LinkedInFacebookTwitterEmail this Story
  Policy Watch 
  • Offshore wind plan would be good for Md., official says
    A bill on offshore-wind power has Maryland Gov. Martin O'Malley's backing, and the measure aims to create jobs and turn Maryland into a hub for the industry, said Abigail Hopper, acting director of the Maryland Energy Association. "We think that this bill, with all the other work that Maryland is doing, sends a very clear signal to the manufacturers, to the installers, to the developers that Maryland is in this game and we're serious about bringing that job creation benefit to Maryland," Hopper said. SNL Financial (free content) (2/5) LinkedInFacebookTwitterEmail this Story
  • Bill aims to alter Kan. renewable-power targets
    A bill that has emerged from a Kansas Senate committee that would alter or postpone the targets in the state's renewable-portfolio standard. Major utilities are mandated to get 10% of their power from renewable sources as of 2011 and to rise to 15% by 2016 and 20% by 2020. Under the bill, the 15% target would be moved to 2018 and the 20% target to 2024, and the Kansas Corporation Commission would have the power to further adjust the targets if "good cause" is shown. Matt Riley, CEO of Infinity Wind Power, said the bill would "send a strong negative signal that would likely cripple the emerging export market." Lawrence Journal-World (Kansas) (2/5) LinkedInFacebookTwitterEmail this Story
  • Bills seek to expand renewable-energy benefits in Hawaii
    Two bills in the Hawaii Legislature would allow residents more opportunity to invest in and receive the tax benefits of renewable-energy systems. "Today, someone living in a second-floor condominium in a 10-story building simply doesn't have the option of putting solar [panels] on their roof," Jeff Mikulina of Blue Planet Foundation said in a statement. The bills would let such residents receive tax incentives for investing in a system that isn't on their property, Mikulina said. American City Business Journals/Honolulu/PBN biz blog (2/6) LinkedInFacebookTwitterEmail this Story
I am never bored anywhere: being bored is an insult to oneself."
--Jules Renard,
French author

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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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