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October 29, 2012
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News for wind power professionals and advocates

  Industry Update 
  • CanWEA: Canada's inconsistent policies will hurt wind-power growth
    Canada's wind power capacity is expected to continue growing through 2016, but policy uncertainty is clouding the industry's long-term prospects, said Robert Hornung, president of the Canadian Wind Energy Association. The country needs about $300 billion in new generation and transmission capacity by 2030, the International Energy Agency said. "These investments will not occur without clear, stable and long-term policy frameworks," said Hornung. RechargeNews.com (tiered subscription model) (10/26) LinkedInFacebookTwitterEmail this Story
  • Western Wind Energy reports progress in asset sale
    Canada's Western Wind Energy has narrowed down the list of potential buyers for a second round of due diligence. The company, however, does not discount the possibility of additional qualified firms to enter the next round. The company owns three wind farms in California and a combined solar-and-wind plant in Arizona. SNL Financial (free content) (10/26) LinkedInFacebookTwitterEmail this Story
  • Vestas is ordered to keep providing turbines to Argentine firm
    A judge in Argentina ordered subsidiaries of Vestas Wind Systems to continue supplying turbines to a project by energy company Genneia. Vestas must fulfill a contract obligation, even though Genneia has not paid a $19.8 million service fee in dollars because of difficulty securing foreign currency. Genneia offered to pay in pesos and has sought permission from the Central Bank of Argentina to purchase dollars. Bloomberg Businessweek (10/26) LinkedInFacebookTwitterEmail this Story
  • Germany considering measures to cut wind-power surge complaints
    Germany is looking at building transmission lines from its wind farms in the north to its industrialized south in an effort to address complaints from neighboring countries. Central and Eastern European countries have threatened to cut off Germany from their grids to avoid critical overload during wind-power surges from Germany that may become more severe in the winter, officials said. The neighboring countries' power grids are "stretched to the limit" and risk blackouts during surges from wind turbines in northern Germany and the Baltic Sea, according to Czech grid operator CEPS. Bloomberg (10/25) LinkedInFacebookTwitterEmail this Story
  Project Focus 
  • Sale of Kansas wind farm to investor group gets nod from FERC
    The Federal Energy Regulatory Commission has approved the sale of Wind Capital Group's noncontrolling stake in the 201-megawatt Post Rock Wind farm in Kansas to units of General Electric Capital, Metropolitan Life Insurance Co. and Union Bank. Under the terms of the deal, EFS Post Wind, MetLife Capital Credit and Union Bank of California Leasing will get the class A interests in the wind farm, while Wind Capital subsidiary Lincoln County Wind Project Holdco will get all the managing class B interests. SNL Financial (free content) (10/25) LinkedInFacebookTwitterEmail this Story
  Economy, Energy & Trends 
  • West Texas has "huge" wind power potential, expert says
    The potential for wind-power development in West Texas "is huge," said Andy Swift, a professor of Civil Engineering and director of the Texas Wind Energy Institute, which is a partnership between Texas Tech University and Texas State Technical College. "Wind is a major component of the future of the energy industry. For this region, that will be very beneficial economically," said Swift. Lubbock Avalanche-Journal (Texas) (10/28) LinkedInFacebookTwitterEmail this Story
  • Wind power off N.Y. coast is preferred in state energy blueprint
    New York state's new energy blueprint shows a clear preference for offshore wind development in the Atlantic Ocean, prompting questions about whether the state is giving up on plans to install wind turbines in the Great Lakes. State officials say they are still open to wind projects on the Great Lakes, but they have concerns about the distance of the lakes to the areas of high demand and the practicality of installing turbines in bodies of water that freeze in the winter. The Buffalo News (N.Y.) (10/27) LinkedInFacebookTwitterEmail this Story
  Policy Watch 
  • GOP will accept a gradual phaseout of PTC, lawmaker says
    In a letter to American Wind Energy Association CEO Denise Bode, Rep. Ann Marie Buerkle, R-N.Y., said fellow Republicans will support an extension of the wind-energy Production Tax Credit only "if there is a timely phaseout" of the tax incentive. In response, AWEA spokesman Peter Kelley said the industry always maintained that it won't need a tax incentive forever. "We're committed as an industry to looking at options for the future of the production tax credit next year during corporate tax reform, when all energy incentives will be on the table," Kelley said. The New York Times (tiered subscription model)/Green blog (10/28) LinkedInFacebookTwitterEmail this Story
  SmartQuote 
Being inexhaustible, life and nature are a constant stimulus for a creative mind."
--Hans Hofmann,
German-American abstract expressionist painter


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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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