Thursday, April 13, 2017

IRS increases inflation adjustment for wind PTC

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Date: Apr 13, 2017 12:24 PM
Subject: IRS increases inflation adjustment for wind PTC
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Southeastern US may be wind's next frontier | Shell urges Dutch government to increase offshore wind targets | Duke Energy unveils 10-year plan to update N.C. electrical grid
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April 13, 2017
Wind Energy SmartBrief
News for wind power professionals and advocates
Industry Update
Southeastern US may be wind's next frontier
North Carolina, Virginia and other states in the Southeastern US may be the next frontier for wind development, industry observers say. Avangrid Renewables' Amazon Wind Farm US East may mark a turning point for the industry, which is slowly gaining the support of lawmakers in North Carolina and neighboring states. (4/13) 
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Shell urges Dutch government to increase offshore wind targets
Royal Dutch Shell has asked the Dutch government to quadruple its target for installed offshore wind capacity to 20 gigawatts by 2030, according to the company. "We need to lower the costs of development, but we would also want the Dutch government to come up with the policy for a further rollout of 10-15 GW in capacity for the period until 2030," said a Shell spokesperson, adding that the policy would give investors the stability they need to make long-term decisions.
Reuters (4/13) 
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Duke Energy unveils 10-year plan to update N.C. electrical grid
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(David Ramos/Getty Images)
Duke Energy has unveiled a 10-year, $13 billion plan to update North Carolina's electric grid and add more renewables to its portfolio. "We have been working hard to generate cleaner, smarter electricity, and now we must invest to make the system that delivers that energy even smarter," said Duke Energy North Carolina President David Fountain.
North American Windpower online (4/12) 
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Vestas — Pure Performance
With our experience as the wind's best friend and the thousands of turbines throughout the world we realized our passion for performance. Not only for Vestas turbines but for others as well. Watch video to learn more
Project Focus
RTS Wind erects 8 turbines at German project
RTS Wind has erected eight 3-megawatt Siemens turbines at the 24-MW Nobo project in Germany, according to the company. It added that it would pass control of the project to Siemens this month after the installation process as been completed. (U.K.) (4/13) 
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Network Monitoring Software: Feature Checklist
From performance monitoring to outage notifications, check out 60+ features commonly offered by network monitoring tools. Use this interactive checklist to compare vendors and find a tool that provides the functionality you need to keep the network up and running 24/7.
Operations & Maintenance
Siemens Gamesa picks Dutch firm to provide logistics at offshore wind farm
Dutch firm Peterson Chemicals has won a contract to provide logistical services for Siemens Gamesa Renewable Energy's 402-megawatt Veja Mate offshore wind farm off the coast of Germany, according to the company. The contract is valid for a three-year period. (U.K.) (4/13) 
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5 Essential Resources for the Self-Employed
Working for yourself doesn't mean going at it alone. Download our white paper, Making Self-Employment Work for you, to learn about all the benefits you might be missing out on. From vision and health care, to shared workspaces and group buying power, self-employment offers more benefits than you may think!
Economy, Energy & Trends
Salesforce hits net zero GHG goal more than 30 years early
Salesforce has met its net zero greenhouse gas emissions goal more than 30 years ahead of schedule, the company said today. Sustainability Director Patrick Flynn attributed the company's success to investing in carbon credit projects in Honduras and India and a pair of 12-year power purchase agreements it has with wind farms in West Virginia and Texas.
San Antonio Express-News (tiered subscription model) (4/13) 
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IRS increases inflation adjustment for wind PTC
The IRS has increased the 2017 wind energy Production Tax Credit to account for an inflation adjustment, the agency said Tuesday. The adjustment will apply to new projects that begin operations in 2017 and to 2017 power sales from any projects launched within the past 10 years.
North American Windpower online (4/12) 
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Policy Watch
Spanish government schedules second renewables auction
The Spanish government said it will hold its second renewable energy auction on May 17. It announced that it plans to add 2 gigawatts of installed clean energy capacity through the auction, though it may increase that target to 3 GW, if necessary. (U.K.) (4/13) 
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Like this: Facebook buys more wind power
Facebook announced plans last week to locate its newest data center in rural Nebraska. Thanks to a new renewable energy tariff provided by their future local utility, low-cost wind energy will power 100% of the facility. 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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