A personal quest to promote the use of wind energy and hydrogen technology in the Great Lakes area of the United States. The Great Lakes area is in a unique position to become an energy exporting region through these and other renewable energy technologies. *Update 2014: Just do it everywhere - Dan*
Thursday, February 09, 2017
Vestas CEO: Global market for wind to remain stable in years to come
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Vestas CEO: Global market for wind to remain stable in years to come | Editorial: Wash. should require utilities to use more renewables | GE Renewable won more than 7 GW in turbine orders last year
Vestas expects wind energy to maintain its competitiveness globally and sees the US market staying stable through "at least 2022," said Anders Runevad, group president and CEO of Vestas Wind Systems, adding that he doesn't expect the Trump administration to make any changes to the current wind energy Production Tax Credit. Runevad also said wind has become an established energy source and would continue to become more competitive on a global scale.
Washington lawmakers should pass the Clean Energy First Act, a bill that would require smaller utilities to source a greater share of their electrical generation from renewables, writes the editorial board of The Herald in Everett, Wash. "The advancements made in the affordability and reliability of renewable sources should provide the confidence to expand their use even further," it writes.
GE Renewable Energy received turbine orders for more than 7 gigawatts of new installed wind capacity last year, according to the company. It added that it signed turbine supply deals in 19 countries last year and touted the importance of the US' strong market for wind.
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Xcel Energy is preparing to roll out a new program in Minnesota this spring in which it will be able to directly sell renewable energy to businesses and consumers. The program, dubbed Renewable Connect, will source electricity from the 200-megawatt Odell Wind Farm in Minnesota and the North Star Solar Project.
SaskPower, a utility company from Saskatchewan, Canada, has issued a call to add up to 200 megawatts of installed wind capacity to its energy portfolio, according to the company. "The addition of wind projects will help us reach our goal of up to 50% of power from renewable sources by 2030," said Minister Responsible for SaskPower Gordon Wyant.
Statoil said it plans to increase the share of its capital expenditure spent on offshore wind and other areas to up to 20% by 2030. "Strategically, renewables diversifies our portfolio by offering longevity and also cash flow resilience," said CEO Eldar Saetre.
Germany added 4,625 megawatts of installed land-based wind capacity in 2016, marking a roughly 25% increase from the same period the year before, according to industry groups. Germany is home to a total installed land-based wind capacity of about 46 gigawatts, said the report.
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President Donald Trump may still support renewables despite his reputation as a known climate change denier, writes Mona Dajani, a partner at international law firm Baker & McKenzie. "Even if Trump implements policies to bring back the coal industry, there is no indication that he couldn't also implement policies that would continue to increase the renewable energy industry," she writes.
Maine state Sen. Dana Dow has introduced a bill that, if approved, would prevent companies from testing wind technology on Monhegan Island. Dow argues that the testing at the site would threaten the Monhegan Island Lobster Conservation Area.
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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.