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Nebraska wind-energy tax credit bill wins initial approval

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LINCOLN, Neb.  — An expanded tax credit for wind-energy farms won initial approval from Nebraska lawmakers Wednesday despite arguments that the state shouldn’t invest in the industry. Senators voted 25-3 to advance the bill through the first of three rounds of debate. Sen. Jeremy Nordquist, of Omaha, said his proposal would help Nebraska compete with other Midwestern states that have ...

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Wind-power plan back in front of PUC

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Black Hills Energy’s request to erect a new 60-megawatt addition to its wind-power complex in Huerfano County will be back in front of the Colorado Public Utilities Commission on Thursday. The commissioners turned down the idea in February but Black Hills asked for a rehearing and it has the support of groups that are usually critics, such as the conservation ...

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Jury finds man guilty of defrauding investors of $3.7M

DALLAS — A Dallas federal jury has found a Colleyville man guilty of defrauding investors of nearly $4 million by selling them stakes in wind farms that were nothing but hot air. The Dallas Morning News reports 62-year-old Dave Spaulding was convicted Wednesday on two counts of wire fraud and one count of mail fraud. He also was found guilty on ...

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Energy Pipeline: Colorado investors look favorably to both traditional and green energy

While 73 percent of Colorado high-net-worth investors support fracking of shale deposits to develop oil and gas resources, 86 percent of them agree that the U.S. should invest in programs to increase energy efficiency, according to Morgan Stanley’s Investor Pulse Poll. High-net-worth investors are individuals who have investable assets exceeding $100,000. Morgan Stanley conducted the survey in late 2014 to ...

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Wind energy thrives globally

The Denver Business Journal reports that 2014 was a good year for wind energy—especially in Colorado. Navigant Research released a report yesterday indicating a global 42 percent year-over-year growth for the renewable energy source. “The wind power industry achieved a record year of installations in 2014, setting the stage for steady growth in the coming years,” said Jesse Broehl, a ...

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Another victim of the price drop: Texas renewable energy

renewable energy

When the West Texas wind blows, 96 turbines at the Notrees Windpower farm churn to produce electricity that at full capacity can power up to 46,000 homes. That shows no signs of stopping, even though lately the plant faces dropping electricity prices. The same price drop that pummeled oil and gas activity also threatens investments in future renewable energy projects, ...

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Texas city to switch from fossil fuels to solar, wind

GEORGETOWN, Texas — A Central Texas city will be among the first in the U.S. to get its electricity exclusively from solar and wind energy. U.S. solar panel maker and power plant developer SunEdison said Wednesday that it’s building a 160-watt solar farm in West Texas to serve the municipal utility of Georgetown, about 30 miles north of Austin. That’s ...

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Proposed wind farm change might help endangered birds

BISMARCK, N.D. — A company that for years has been planning a wind turbine farm in southeastern North Dakota is now proposing significant changes. The Merricourt Wind Power Project in McIntosh and Dickey counties was to have up to 100 1.5 megawatt turbines. EDF Renewable Energy is now proposing 75 2-megawatt turbines. It would reduce the project area by half. ...

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Wind power is taking over

wind turbine

According to the U.S. Energy Information Administration, during this year wind power will make up almost half of all new utility-scale electric generation. While coal power plants are being closed now due to federal emissions rules, electric companies are planning to add over 20 gigawatts of capacity to the grid, and wind will make up 9.8 gigawatts of it, said ...

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