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The Hill: Back in the 1980s, we enacted the nation’s first law incentivizing utilities that bought more renewable power. That began decades of innovation and investment in Iowa’s energy sector. Fast forward to today where we’re now reaping the rewards: low-cost electricity, new jobs and support for rural communities. Last year, nearly 37 percent of […]
Washington Post: President Trump’s putdown of wind energy at his Iowa rally was denounced Thursday across the state, which takes pride in its position as a national leader in wind generation. Trump was talking up his support for coal during his speech in Cedar Rapids on Wednesday night when he said: “I don’t want to […]
New York Times: Some of the fastest progress on clean energy is occurring in states led by Republican governors and legislators, and states carried by Donald J. Trump in the presidential election. The five states that get the largest percentage of their power from wind turbines — Iowa, Kansas, South Dakota, Oklahoma and North Dakota […]
SNL: Xcel Energy Inc., the most prolific purchaser of wind energy in the United States, has experienced “no problem with reliability,” Ben Fowke, the utility’s chairman, president and CEO, said May 24, despite supplying up to 67% of its power mix in Colorado with wind-generated electricity. Xcel’s service territory spans eight Western and Midwestern states, […]
Reuters: Iowa’s Republican senator on Wednesday raised concerns that U.S. Energy Secretary Rick Perry has commissioned a “hastily developed” study of the reliability of the electric grid that appears “geared to undermine” the wind energy industry. In a letter sent to Perry, Senator Chuck Grassley asked a series of questions about the 60-day study he […]
Midwest Energy News: Wind power represents more than 80 percent of the new electricity generating capacity built in the Midwest and Great Plains states over the past five years as the industry continues to grow, according to a report released today. The American Wind Energy Association’s annual 2016 report notes that two states in the […]
Utility Dive: Xcel Energy wants to add 1,550 MW of wind energy to its system through a mixture of power purchase agreements and utility-owned projects that will increase the company’s wind portfolio 60% and provide power for more than 800,000. The investment, which Xcel first announced last year, should help the utility deliver more than […]
Scott DiSavino for Reuters: Wind briefly powered more than 50 percent of electric demand on Sunday, the 14-state Southwest Power Pool (SPP) said, for the first time on any North American power grid. SPP coordinates the flow of electricity on the high voltage power lines from Montana and North Dakota to New Mexico, Texas and […]
Developer, Facing Likelihood of Missing Deadline, May Be Required to Renegotiate Contracts; Depressed Global Oil Prices Stand to Render New Capacity ‘Superfluous’
CLEVELAND, Nov. 16, 2016 (IEEFA.org) — The Institute for Energy Economics and Financial Analysis today published a report noting weaknesses in the financing behind the Dakota Access Pipeline and questions around the long-term usefulness of the project. The report—“The High-Risk Financing Behind the Dakota Access Pipeline: A Potential Stranded Asset in the Bakken Region of […]
Rebecca Hersher for NPR: The U.S. Army Corps of Engineers said Monday that it needs more information before it can decide whether to allow the Dakota Access Pipeline to be built along its planned route. In a joint statement by the U.S. Army and Department of the Interior, the Corps announced it had finished a […]
