OK finds success in building out windpower

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With more than 1,000 megawatts of wind capacity under construction in Oklahoma, the state is poised to overtake California as the No. 3 provider of wind energy in the United States by the end of the year, behind only Iowa and Texas. At the end of 2015, Oklahoma had a...
“At present, procuring foreign loans for renewable energy projects is far easier than thermal power projects. A green power generation company also attracts global equity investors.”

– A senior analyst for India’s biggest power company, state-owned NTPC, on increasing renewables and decreasing thermal in its 10-year expansion plan.

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“By law, if my office can’t offer a tax break to a single mom who worries about feeding her children, I’m not going to offer one to a multi-national corporation that just asked the bankruptcy court to pay its executives $12 million in bonuses.”

– Brita Horn, Treasurer of Routt County, Colorado, on Peabody Energy’s efforts to avoid paying interest and fees owed for overdue property taxes.

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“The impacts between now and 2030 were extremely modest.”

– Angus Duncan, chairman of the Oregon Global Warming Commission, commenting on a utility analysis showing that the state’s new clean energy law will have negligible impact on customer rates over the next 15 years.

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“We’re initiating our … shift from today’s pipeline architecture – moving central-station power across wires to customers at the other end – to a platform architecture, which is the business architecture of the 21st Century.”

– ComEd CEO Anne Pramaggiore, speaking at the National Conference of State Legislatures and urging lawmakers nationwide to help utilities shift to new business models.

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“The writing on the wall for the coal industry is clear. Young coal workers, in particular, should consider retraining for a job in solar now.”

– Michigan Technological University proferssor Joshua Pearce, commenting on a study he co-authored showing that many coal companies, even those filing for bankruptcy, could retrain all their employees to work in similar solar industry job for less than the CEO’s annual salary.

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“Anything [nuclear] that hasn’t gotten off the ground yet isn’t getting built. There is no economic rationale for it.”

– Greg Gordon, a utility analyst at New York investment advisory firm Evercore ISI on the future of new nuclear power plants being built in the U.S.

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“This decision was not only the best environmental decision for our community, but it was also beneficial financially for all of our customers.”

— El Paso Electric CEO Mary Kipp on the utility’s decision to eliminate all coal from its portfolio

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“Battery experts are now saying that the cost of lithium-ion systems has dropped to the point where it would be less expensive to build a large battery facility than it would to build a peaker plant in today’s prices.”

– Rick Azer, Associate Vice President of Development for Black & Veatch’s Smart Integrated Infrastructure, on the precipitous drop in battery prices as scale increases.

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