Obama: Sticking to "promise of clean energy"

In his Jan. 24 State of the Union address, President Barack Obama reinstated his commitment to renewable energy. Despite the demise of solar manufacturer Solyndra looming over the past year of his term, Obama said that he “will not walk away from the promise of clean energy.”

Obama called for a commitment by the Defense Department to purchase 1,000 MW of renewable energy. He also referenced the long-standing Interior Department commitment to permit 10,000 MW of renewable energy projects on public land this year.

The President called again on Congress to pass a “clean energy standard” that would require electric utilities to glean 80 percent of their power from natural gas, nuclear and renewable sources by 2035, and a permanent extension of a federal production tax credit for wind power.

With uncertainty over the future of the PTC, which is set to expire at the end of this year, layoffs have already begun in the wind industry, according to the American Wind Energy Association. Bryan Ritterby of Holland, Mich.-based wind turbine manufacturer Energetx Composites was First Lady Michelle Obama’s guest and also mentioned by Obama during the speech. This was the fifth time wind power has been mentioned in the SOTU in the last decade, by President George W. Bush in 2006 and 2007 and previously by President Obama in 2009 and 2011.

The speech also reflected a commitment to the solar industry, which has been experiencing challenges due to photovoltaic debates brewing between China and the U.S. over illegal dumping.

“I will not cede the wind or solar or battery industry to China or Germany because we refuse to make the same commitment here."

Obama said that despite challenges encountered in the renewable energy industry, solar, wind and hydro deserve the same federal subsidies that oil and gas companies have received for decades.

“It’s time to end the taxpayer giveaways to an industry that rarely has been more profitable, and double-down on a clean energy industry that never has been more promising. Pass clean energy tax credits. Create these jobs.”

Read more business policy news

Sponsored by FLSmidth
Font Sizes:
Recommend this article Recommend this article () You recommended this article You recommended this article ()
Follow Power Engineering on Twitter

Latest News

Shutterstock coal production trucks

Weekly Coal Production

The Weekly Coal Production shows how much coal is being produced across the U.S.

Federal Reserve Bank of Dallas Weekly Economic Indicators financial business

The Federal Reserve Bank of Dallas' Economic Indicators

The Federal Reserve Bank of Dallas offers a glimpse into how the markets are doing domestical...

Kvaerner awarded contract for gas-fired power plant in Delaware

Kvaerner North American Construction Inc. and its joint venture partner, Parsons Brinckerhoff...

Canadian Solar purchases two solar projects

Canadian Solar Inc. has acquired a majority interest in two utility-scale solar power project...

Operators Restart Unit 2 at PPL Susquehanna

Unit 2 at the PPL Susquehanna nuclear power plant near Berwick, Pa. resumed generating electr...

Settlement agreement limits cost recovery at Edwardsport

The Indiana Utility Regulatory Commission (IURC) on Dec. 27 modified and approved a settlemen...

Toshiba in talks to sell portion of Westinghouse nuclear unit

Toshiba Corp is in talks  to sell up to 16% of its stake in the Westinghouse Electric Co...

Utah nixes nuclear waste storage facility

Plans to park radioactive waste at a storage facility in Utah have been officially called off.

Current Magazine Issue

05/01/2013
Volume 117, Issue 5
1305pe-cover

Watch POWER-GEN 2012

Power Engineering

Article Archives for Power Engineering Magazine

Archived Articles

2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013

Continuing Education

Professional Development Hours

To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.