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March 7, 2013
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News for wind power professionals and advocates

  Industry Update 
  • Report: U.S. netted $1.6B from clean-energy trade with China in 2011
    The U.S. gained a $1.63 billion surplus from clean-energy trading with China in 2011, according to a report from the Pew Charitable Trusts. Wind-power products accounted for more than $920 million in trade between the two biggest economies in 2011, with the U.S. racking up a $146 million trade surplus, the report showed. "We would hope that policymakers in particular will see this and say, 'Look, we have a real competitive advantage here, but we also need to have a constructive trade relationship with China,'" said Phyllis Cuttino, who leads Pew's clean energy program. U.S. News & World Report (3/6), San Antonio Express-News (3/6) LinkedInFacebookTwitterEmail this Story
  • Acciona moves to gain compliance with Brazil's local-content rule
    Spain's Acciona will launch a wind-turbine-hub assembly plant near the Brazilian city of Salvador on March 11 in a bid to comply with development bank BNDES' local-content rule on wind-turbine parts, a spokeswoman said. Last year, BNDES stopped giving out loans to companies that bought wind turbines from Acciona and four other suppliers that it said fell short of meeting the rule on local components. Bloomberg (3/6) LinkedInFacebookTwitterEmail this Story
How Much Do You Really Need to Make? The Answer May Shock You
Rather than focus on what you can afford to pull out of the business to cover your living expenses, you need to focus on how much you need to earn at your business in order to afford the lifestyle you want to have. This is where the Personal Earnings Goal, or PEG, comes into play. Learn how to calculate your PEG and find out how much you really need to make.

  Project Focus 
  • New wind project planned in N.H.'s Lakes Region
    Alpine Ridge Wind Farm, a unit of Juwi Wind, has leased 1,300 acres of land in Groton, N.H., with the intention of building a wind farm in the area, according to the New Hampshire Wind Watch. Juwi's project is the fourth proposed wind farm in the area around Newfound Lake. New Hampshire Public Radio (3/6) LinkedInFacebookTwitterEmail this Story
  • Other News
  Economy, Energy & Trends 
  • Lack of funds may force N.M. transmission agency to close
    The New Mexico Renewable Energy Transmission Authority will close its doors on June 30 if it doesn't get the $250,000 operational funds set aside in a current budget bill, said Executive Director Jeremy Turner. Although RETA has made gains in advancing major transmission projects, those projects will take years to complete and provide the revenue that the authority needs to become self-sufficient, Turner said. "The reality is without the operational funding that is currently in the budget, on June 30 of this year RETA will close its doors," Turner said. SNL Financial (free content) (3/5) LinkedInFacebookTwitterEmail this Story
  Policy Watch 
  • Lawmakers urged to support offshore energy development
    Supporting the development of offshore energy resources, including wind power, would create jobs, boost the economy and help the U.S. become energy independent, executives and local officials said during a House of Representatives subcommittee hearing. Given the right support mechanisms, a robust offshore wind industry could contribute more than $30 billion to the national economy, push down electricity rates in the long term and boost the country's power-transmission capacity, said Robert Mitchell, CEO of Atlantic Grid Development. SNL Financial (free content) (3/5) LinkedInFacebookTwitterEmail this Story
  • Bills would give tax incentives to offshore wind projects
    Bills that would extend a 30% investment tax credit to the first 3,000 megawatts of offshore wind generation capacity were unveiled in the Senate and the House of Representatives. Under the bills, developers that receive the tax incentive would have five years to complete their projects and would be disqualified from getting other investment or production tax credits. "If we want to harness this untapped, domestic energy source, providing investment tax incentives for our country's first offshore wind projects is essential," said Sen. Tom Carper, D-Del., who co-sponsored the bill in the Senate. SNL Financial (free content) (3/5) LinkedInFacebookTwitterEmail this Story
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  AWEA News 
  • Fact Check: Editorial Goes Astray on Calif. Integration of Wind
    The Wall Street Journal carried an article recently by Rebecca Smith on the growth of renewable energy in California and the effect on its electric utility system. The article makes several incorrect and unsupported assertions. Read more. LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
Scientific progress makes moral progress a necessity; for if man's power is increased, the checks that restrain him from abusing it must be strengthened."
--Anne Louise Germaine de Staël,
Swiss 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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