Report: Wind, solar are cheapest options, NOW

In its annual Levelized Cost of Energy analysis, Lazard Associates found the cost for power generated from wind energy resources were around $30-$60 per megawatt hour (MWh) range – even without any subsidies! Unsubsidized solar power resources provided power at a cost of $43-$48/MWh range. That’s 3-6 cents per kilowatt hour (kWh) for wind, or 4.3-4.8 cents per kWh for solar. Of course with existing federal tax credits, real wind power prices could be as low as $14/MWh, or 1.4 cents/kWh, and real solar prices may reach as low as $35/MWh, or 3.5 cents/kWh.

Congress: Picking energy losers, over clean energy winners

Congress just released its propose “tax reform” plan – and it’s a doozie. Instead of promoting renewable energy and electric vehicles, the plan would slash those incentives – while giving a massive bailout to the failing nuclear industry.

Two years ago, Congress passed a massive overhaul for the wind and solar industries that gave a clear path for phasing-out tax credits for those industries. The newly proposed “tax reform” plan reneges on that promise made two years ago and threatens hundreds of billions of dollars in clean, domestic, renewable energy development.

The wildly popular, and effective tax credit for electric vehicles has produced many jobs, cut pollution, and increased our energy security. But now Congress’s “tax reform” plan would totally eliminate the electric vehicle tax credit, and slams on the breaks of an American industry.

Meanwhile, Congress would extend $6 billion worth of subsidies to the failing nuclear industry.

Click here to tell Congress to support clean energy and electric vehicles.

Wind Power in 2016? Jobs, Jobs, and More Jobs.

Last week, the American Wind Energy Association (AWEA) released its 9th edition of the U.S. Wind Industry Annual Market Report. It’s a comprehensive look at the U.S. wind industry’s market trends in 2016. The key takeaway? Jobs, jobs, and more jobs. In 2016, the wind industry added nearly 15,000 full-time equivalent jobs, helping the industry surpass over 100,000 total American jobs

OKLAHOMA is kicking butt with wind power

Just over 6,600 megawatts of installed wind power capacity exists in the Sooner State – enough to meet about 25% of the state’s annual electricity needs – more than what coal provides. Oklahoma installed nearly 2,000 megawatts in 2016 alone. By the end of the year, Oklahoma became third in the nation for the most wind power installed.

Wind Power’s Record Setting 2016: Will 2017 Be a Repeat?

A new market report by the American Wind Energy Association shows that 2016 was a record breaker for the wind industry. And signs are pointing to an equally aggressive 2017. With a total of 8,203 MW of wind energy capacity commissioned during the year, the majority of projects were completed in the last three months. The United States now contains more than 82,000 megawatts of wind power. That’s enough power for the equivalent of roughly 25 million homes.

TVA: The Time to Contract for Clean Line’s Wind Power is Now

The time to contract for low cost wind power is now. The largest renewable energy project in the making is a proposed power line that will bring huge amounts of cheap, wind energy to the South, but electric companies must act quickly.

Wind Energy’s Two Cents: Utilities Should Buy Now

The LBNL report tracks trends in cost and performance among other metrics for the wind energy industry nationwide. Just over 5% of all electricity generated in the country comes from wind power. The average installed price for wind energy capacity is down 24% in just five years.

A Perfect Storm for Southern Wind Power Purchases?

This year may be the biggest year for wind energy in the South. A number of factors are working together to create a massive market for wind energy all across the country. Some of the important factors include: technology has significantly improved, utilities are becoming more familiar with integrating wind energy, key federal tax incentives have been renewed and utilities are beginning to hedge against risks associated with fossil fuels.

Electric Utilities Could Lose Billions of Dollars in Wind Energy Savings

Because of the PTC phaseout, there is a real urgency for wind farm development to begin as soon as possible. Electric utilities that delay purchase of wind energy resources may end up losing hundreds of millions, if not billions of dollars in ratepayer savings due to a reduction in the federal PTC value.

Megawatt Madness: Top picks for wind energy for the Southeast

This week, March Madness kicks off as college basketball teams across the country prepare for the biggest tournament of the year. 64 teams will compete, but only one will take down the net. As you make your picks and finalize your bracket, we have another March Madness competition to bring to your attention: Megawatt Madness! Iberdrola Renewables launched the second annual Megawatt Madness tournament, which highlights 64 of their renewable energy sites across the county.