Friday, June 03, 2016

Appalachian Power signs 20-year PPA with NextEra unit in Ind.

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From: "Wind Energy SmartBrief" <awea@smartbrief.com>
Date: Jun 3, 2016 12:23 PM
Subject: Appalachian Power signs 20-year PPA with NextEra unit in Ind.
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EIA: US poised to double installed renewable energy capacity by 2040 | Interior Dept. plans offshore wind leasing round in N.Y. | Report: Midwest could source 100% of electricity from wind, solar
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June 3, 2016
 
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Industry Update
EIA: US poised to double installed renewable energy capacity by 2040
The US could double its total installed renewable energy capacity to almost 500 gigawatts by 2040 under the Clean Power Plan, according to the Energy Information Administration. The report said the US would likely continue to ramp up its installed renewable energy capacity without the CPP, but only to 400 GW by 2040. The EIA added that US wind generation growth until 2022 would be incentivized by the wind energy Production Tax Credit.
San Antonio Express-News (tiered subscription model) (6/2) 
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Interior Dept. plans offshore wind leasing round in N.Y.
The Interior Department has unveiled plans to hold an offshore wind leasing round for the right to develop 81,000 acres of space off the coast of New York state. The Bureau of Ocean Energy Management is expected to publish a proposed sale notice in the Federal Register on Monday. "This is another major step in broadening our nation's energy portfolio, harnessing power near population centers on the East Coast," said Interior Secretary Sally Jewell.
Morning Consult (6/2),  ReNews.biz (U.K.) (6/2) 
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Report: Midwest could source 100% of electricity from wind, solar
Wind and solar energy could provide 100% of the Midwest's total electricity needs by 2050, according to the Solutions Project, an initiative designed to drive renewable energy development in the US. The report said offshore and land-based wind would likely provide most of the new capacity required to meet that goal in Ohio, Michigan, Wisconsin, Minnesota, Indiana, Illinois and Iowa. The Solutions Project added that its projections would apply to all energy applications, including transportation and heating and cooling.
Midwest Energy News (6/2) 
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Project Focus
Appalachian Power signs 20-year PPA with NextEra unit in Ind.
Appalachian Power has signed a 20-year power purchase agreement with a project being developed by a subsidiary of NextEra Energy Resources in Indiana. The project will have a total capacity of 120 megawatts. Appalachian said the deal would bring its total installed wind capacity to 495 MW.
The Washington Times/The Associated Press (6/2) 
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Calif. MHI unit signs 5-year service deal with 2 wind farms in Iowa
Diamond WTG Engineering and Services, a California-based unit of Mitsubishi Heavy Industries, has signed a five-year service and maintenance contract for two wind farms in Iowa. The projects owned by MidAmerican Energy have a combined capacity of 50 megawatts. Diamond services projects across 11 states.
SeeNews Renewables (6/2) 
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Operations & Maintenance
Maturing wind, solar technology may threaten integration, says IEA
The rise of intermittent renewables like wind and solar may create challenges for grid operators tasked with integration, according to the International Energy Agency. "This can make it difficult to maintain the necessary balance between electricity supply and consumption at all times," the IEA said in the report. "Comprehensive policy, market and regulatory frameworks are needed to catalyze the transition of the power and wider energy system," it said.
United Press International (6/2) 
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Economy, Energy & Trends
BP Wind divests 33.3% stake in Colo. wind farm
BP Wind Energy North America has divested its 33.3% stake in the Cedar Creek I project in Colorado to Leeward Renewable Energy. Leeward now controls 100% interest in the project, which has a total capacity of 301 megawatts. The project has a long-term power purchase agreement in place with Public Service of Colorado.
ReNews.biz (U.K.) (6/2) 
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Vattenfall on track to finish Danish offshore giant 2 years early
Vattenfall has moved up the timeline for its Horns Rev III offshore wind farm in Denmark to 2018 -- two years ahead of schedule. Once completed, the project is expected to deliver electricity at a lower rate than any other offshore wind farm in the world. It will feature 50 of 8-megawatt turbines from MHI Vestas Offshore Wind. "Horns Rev III is a real milestone for us, it clearly shows that competition is a suitable way to reduce costs for offshore wind significantly," said Vattenfall CEO and President Magnus Hall.
Bloomberg (6/2) 
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Policy Watch
21 countries pledge to double clean energy research spending
Twenty-one countries participating in the Mission Innovation initiative have agreed to double spending on clean energy research, said the White House on Thursday. The countries involved have agreed to spend a total of $30 billion per year on clean energy research by 2021. "Today's actions show that the transition to clean energy is inevitable," said Dan Utech, energy and climate change adviser to President Barack Obama.
The Hill (6/2) 
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Trump opposition to Paris accord is "self-destructive," says Kerry
Presumptive Republican presidential nominee Donald Trump's plan to withdraw from the Paris Agreement would be "reckless, counterproductive, self-destructive," according to Secretary of State John Kerry. He said that the accord is necessary to curb climate change. Trump's plan would be "one of the most reckless, irresponsible, historically wrong acts I could think of," he said.
The Hill (6/2) 
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AWEA News
The kids are alright -- and really, really smart
Hundreds of kids from around the US recently gathered in New Orleans last week to take part in the annual National KidWind Challenge. That's super important considering we're going to need the next generation of wind engineers and scientists to not just double the US wind energy industry in the next five years, but also double again by 2030 to supply 20% of US electricity. And it's especially important consider the industry's mission in order to get there is to advance our technology in order to continue lowering wind power costs that have already dropped 66% in the last six years. Read more.
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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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