Wind and solar seek demand, investment to survive Trump squeeze

NEW YORK (Reuters) - The wind and solar industries hope demand for carbon-free power from U.S. cities, states and corporations can offset headwinds from President Donald Trump’s tax policy and tariffs, developers said this week............“More and more corporations and consumers are saying ‘We want 100 percent renewable energy,’” she said, adding city and state governments are adopting renewable-friendly policies to reflect that growing demand................Meanwhile, the industry is bracing for the scheduled reduction and ultimate expiry of lucrative subsidies on solar and wind power over the coming years, including a 30 percent tax credit on solar installations.........................

This will make it trickier to finance some renewable projects, said Robert Sternthal, managing director at Rubicon Capital Advisors, who is putting together a team of bankers to advise on renewable deals in North America.

Without the incentives, “pricing may have to go up on the electricity side” for some projects, he said on Tuesday. Yet he also expects growing demand from tech corporations that have pledged to be carbon-neutral and will not rely on wind or solar energy for profits.

Read the full article here:

https://www.reuters.com/article/us-renewables-energy-trump/renewabl...

From turbines to homes, wind power is coming to Connecticut

https://www.theday.com/article/20180624/NWS01/180629724

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Maine Center For Public Interest Reporting – Three Part Series: A CRITICAL LOOK AT MAINE’S WIND ACT (excerpts) From Part 1 – On Maine’s Wind Law “Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine if the law’s goals were met." . – Maine Center for Public Interest Reporting, August 2010  http://www.pinetreewatchdog.org/wind-power-bandwagon-hits-bumps-in-the-road-3/From Part 2 – On Wind and Oil Yet using wind energy doesn’t lower dependence on imported foreign oil. That’s because the majority of imported oil in Maine is used for heating and transportation. And switching our dependence from foreign oil to Maine-produced electricity isn’t likely to happen very soon, says Bartlett. “Right now, people can’t switch to electric cars and heating – if they did, we’d be in trouble.” So was one of the fundamental premises of the task force false, or at least misleading?"  http://www.pinetreewatchdog.org/wind-swept-task-force-set-the-rules/From Part 3 – On Wind-Required New Transmission Lines Finally, the building of enormous, high-voltage transmission lines that the regional electricity system operator says are required to move substantial amounts of wind power to markets south of Maine was never even discussed by the task force – an omission that Mills said will come to haunt the state.“If you try to put 2,500 or 3,000 megawatts in northern or eastern Maine – oh, my god, try to build the transmission!” said Mills. “It’s not just the towers, it’s the lines – that’s when I begin to think that the goal is a little farfetched.” http://www.pinetreewatchdog.org/flaws-in-bill-like-skating-with-dull-skates/

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