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December 31, 2012
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News for wind power professionals and advocates

  Industry Update 
  • Wind-energy PTC slated to expire unless Congress extends it
    Wind-power developers are seeking to complete projects while workers in the sector are bracing for the potential of more job cuts amid the potential expiration of the wind-energy Production Tax Credit on Tuesday. The stop-and-start nature of the PTC is giving companies difficulty in planning ahead, said Elizabeth Salerno, chief economist and director of data and analysis at the American Wind Energy Association. "Manufacturing is a 10- or 20-year investment," she said. The Huffington Post (12/28) LinkedInFacebookTwitterEmail this Story
  • Wind developers look to stay profitable as scheduled PTC expiration looms: The scheduled expiration of the wind-energy Production Tax Credit at midnight today is expected to temporarily put an end to construction of new wind farms across the U.S., Matthew Wald writes. Robert Thresher, a research fellow at the National Renewable Energy Laboratory, said that wind projects may still earn a profit without the PTC by using the most favorable sites. Developers, however, have hope that Congress may decide in January to renew the credit, Wald writes. The New York Times (tiered subscription model)/Green blog (12/28) LinkedInFacebookTwitterEmail this Story
  • We Energies wraps up $27M acquisition of Wis. wind farm
    We Energies informed the Federal Energy Regulatory Commission that it has finalized its acquisition of the Montfort Wind farm in Iowa County, Wis., for $27 million. We Energies received FERC approval on Nov. 8 to buy from FPL Energy American Wind all membership stakes in Badger Windpower, which owns the 30-megawatt wind farm. SNL Financial (free content) (12/28) LinkedInFacebookTwitterEmail this Story
  • S.C. city seeks economic gains from offshore wind development
    The city of North Myrtle Beach, S.C., is looking to benefit from the opening of land parcels for wind development along its coast. The North Strand Coastal Wind Team is planning to establish a local offshore wind power cooperative similar to investor-owned cooperatives that brought power to rural communities. The group also plans to invest in the development of conduits in three planned ocean outfall pipelines as a way to bring offshore wind power ashore. The Sun News (Myrtle Beach, S.C.) (12/31) LinkedInFacebookTwitterEmail this Story
  • Other News
  Project Focus 
  • MidAmerican Energy finishes work on 2 Calif. wind projects
    MidAmerican Energy Holdings has finished building the 168-megawatt Pinyon Pines Wind I project and the 132-megawatt Pinyon Pines Wind II project near Tehachapi, Calif., in time to qualify for the wind-energy Production Tax Credit. The two wind farms are under long-term agreements to generate power for Southern California Edison. Bloomberg Businessweek (12/28) LinkedInFacebookTwitterEmail this Story
  • PTC expiry to prompt reassessment of Ohio wind project
    EverPower Wind Holdings likely will have to re-assess its proposed Buckeye Wind Project in Champaign County, Ohio, because of the potential expiration of the wind-energy Production Tax Credit, said project developer Jason Dagger. The project may advance, but the company would have to charge more for its output or cut its construction costs, Dagger said. "We're just going to have to see what happens and what it will mean to the Buckeye Wind Project," he said. Springfield News-Sun (Ohio) (free registration) (12/30) LinkedInFacebookTwitterEmail this Story
  Policy Watch 
  • Group begins contemplating retroactive PTC
    As the Production Tax Credit nears its scheduled expiration, the Truman National Security Project is gearing up to push for a retroactive extension of the PTC. The group thinks an extension is unlikely to be included in "fiscal cliff" legislation. The Hill/E2 Wire blog (12/29) LinkedInFacebookTwitterEmail this Story
  Editor's Note 
  • SmartBrief will not publish Tuesday
    In observance of New Year's Day, SmartBrief will not publish Tuesday. Publication will resume Wednesday. Enjoy the holiday! LinkedInFacebookTwitterEmail this Story
Never tell your resolution beforehand, or it's twice as onerous a duty."
--John Selden,
English jurist and scholar

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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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