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Wind

(Daniel Acker/Bloomberg)

NextEra Agrees to Buy Texas Gas Pipelines for $2.1 Billion

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By buying closely held NET Midstream, NextEra Energy Partners will gain the ability to ship 3 billion cubic feet of Texas shale gas a day, with the potential to expand that by 1 billion cubic feet, the company said in a statement Monday.
A wind farm under construction off the southeast side of Block Island R.I., July 21, 2015. A few miles off the coast, a small flotilla has been gathering: crane vessels, tugboats and barges that began this week installing the 840-ton foundations of the nation’s first commercial-scale offshore wind farm. (Gregg Vigliotti/The New York Times)

First U.S. offshore wind farm raises hopes for industry revolution

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While there’s plenty of potential energy to harness, offshore wind has been mostly stymied by high costs. Onshore turbines are some of the cheapest sources of electricity, with an average cost of about $85 a megawatt-hour, according to data compiled by Bloomberg. Coal costs about $90.
A 7-megawatt wind turbine, a pilot project led by Marubeni Corp. and funded by the Japanese government, stands at a port in Onahama, Fukushima prefecture, Japan, on Monday, June 22, 2015. The new turbine will join a smaller 2-megawatt model, which has been generating power at the project about 20 kilometers (12 miles) off the coast of Fukushima since November 2013. Photographer: Noriyuki Aida/Bloomberg

Foundations for first U.S. offshore wind farm head for Rhode Island

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Deepwater Wind is building a five-turbine wind farm off Block Island, with the ability to power 17,000 homes as early as next year.
A wind farm in West Texas, outside of Roby. (photo courtesy Rational Middle Media)

One of Texas’ biggest winds farms is getting an upgrade

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North Carolina-based Duke Energy said it will replace the wind farm’s lead acid battery storage system with lithium-ion technology in 2016 for better performance. Duke owns the Notrees Windpower Project that includes 95 wind turbines and generates 153 megawatts of electricity — enough to power 46,000 homes.

More wind power on tap for Texas Panhandle

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GRI Renewable Industries, the industrial wind division of Gonvarri Steel Industries, said it intends to build a wind tower manufacturing plant in Amarillo that would employ 300 people and build 400 towers a year.
Two donkeys run through a pasture in front of wind turbines in Calumet, Okla. (AP File Photo/Sue Ogrocki, File)

Taller turbines could unlock more wind power, new government report finds

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A new government report finds that taller wind turbines could help the U.S. vastly expand its wind-generated electricity, throwing new weight behind a wind industry push to reach higher into the air.
Two donkeys run through a pasture in front of wind turbines in Calumet, Okla. (AP File Photo/Sue Ogrocki, File)

Oklahoma Senate moves to eliminate wind tax credits

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With no debate, the Senate on Friday approved one bill to eliminate a 5-year property tax exemption for wind manufacturers, starting in 2017. Because the state reimburses counties for the revenue lost from the exemption, the cost of the subsidy has skyrocketed with the expansion of wind farms in Oklahoma.
The Sheringham Shoal Offshore Wind Farm off the coast of the United Kingdom has 88 wind turbines capable of supplying energy to 220,000 homes. (flickr/Statkraft)

The offshore wind industry is still struggling to ramp up in the U.S.

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Developers and industry experts say the offshore wind energy sector is off to such a slow start in the U.S. because of regulatory hurdles, opposition from fossil fuel interests and the trials and tribulations of doing something for the first time.
(Sam Hodgson/Bloomberg)

Guest commentary: America’s new and improved energy mix

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Demand for alternative energy sources is untethered from oil and natural gas prices, the writers argue.
Robert Flexon, CEO of Dynegy. (Rhiannon Meyers/Houston Chronicle)

CERAWeek: Dynegy CEO keeping close eye on evolving power model

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Recent power plant acquisitions have placed Dynegy in a comfortable position for the next few years, but the Houston-based power generator will have to figure out how to operate in a rapidly changing electricity market, CEO Robert Flexon said Thursday.