Renewable energy leaders respond to election results

Barack Obama

Several renewable energy leaders have voiced their approval over the re-election of President Barack Obama and renewable energy advocates who won races in the House.

Rhone Resch, president and CEO of the Solar Energy Industries Association, said that solar power has seen tremendous growth since Obama took office, increasing by 400 percent – from 1,100 MW in 2008 to 5,700 MW currently. In addition, the Obama Administration enacted a policy allowing solar installations for the first time on public lands and set a goal to permit 10 gigawatts of additional renewable energy projects on public lands by the end of 2012, “which has been a great driver of this growth.”

Denise Bode, CEO of the American Wind Energy Association, said that several “wind champions” were re-elected to Congress, including Reps. Dave Reichert (R-WA), Steve King (R-IA) and Tom Latham (R-IA), and Sen. Dean Heller (R-NV). “Swing states such as Iowa, Colorado, Michigan and Ohio with numerous wind farms as well as wind factories went for President Obama, whose campaign took the position that the wind energy Production Tax Credit (PTC) should be extended.”

Now that the election is over, Bode said the wind industry remains confident that the PTC will be granted an extension during the ensuing lame-duck session. “The thought that (Washington) would allow the economy to be so drastically impacted until next year is not a reasonable assessment.”

To date, the U.S. wind industry has already lost about 4,000 jobs due to the PTC being set to expire on Dec. 31, Bode said. The scenario of the industry seeking for an extension to the tax credit during the lame-duck session is not an unfamiliar one, she said. However, the stakes are greater this time than they were a few years ago, since a much higher portion (about 70 percent) of wind power parts are now being manufactured domestically.

Jim Ivany, president of Bechtel’s Renewable Power business group, has witnessed renewable energy growth over the last few years through the construction of BrightSource’s Ivanpah solar thermal project. “There’s a direct correlation between a continued positive policy on renewable energy and jobs. Bechtel has been building power plants of all kinds for over 60 years, but never have we had more activity in the renewable space than right now.”

So what’s next? Perhaps the renewable energy industry’s greatest desire now is to see more permanent policies established in order to further spur long-term clean energy growth.

“We’ve all seen growth in the last four or five years, but let’s have some bipartisanship on renewable energy and longer-term incentives for all of our technologies to really see the growth and potential that’s out there,” said Karl Gawell, executive director of the Geothermal Energy Association.

“Policy certainty is crucial to continue the growing role of solar in America’s energy mix,” Resch said. “Stable policy frameworks at the federal and state level, including maintaining and expanding commitments to renewable energy initiatives, spur and leverage private sector investments in the solar industry to meet our nation’s future energy needs.”

Read more renewable energy news

Sponsored by FLSmidth

Related Articles

 Vermont House endorses renewable energy package

Vermont House endorses renewable energy package

The Vermont House has advanced a wide-ranging bill that pushes utilities beyond electricity to help customers save on heat and could resolve criticism that the current state program to promote renewable energy double counts its results.

 Google invests $300Mn in SolarCity

Google invests $300Mn in SolarCity

Google Inc. is investing $300 million equity stake in a fund created by SolarCity Corp. to finance approximately 25,000 residential solar power projects.

Follow Power Engineering on Twitter
Latest News
Mitsubishi Hitachi group launches precipitator unit

Mitsubishi Hitachi companies launch emissions control unit

Mitsubishi Hitachi Power Systems Ltd. (MHPS), Mitsubishi Heavy Industries Mechatronics System...
China US nuclear deal passes congressional review

US-China nuclear agreement passes congressional review

An agreement allowing American involvement in China's civilian atomic industry is set to be r...
NRC special inspection at Honeywell uranium hexafluoride leak

NRC begins special inspection at uranium enrichment facility

The U.S. Nuclear Regulatory Commission (NRC) launched a special inspection at a uranium conve...
House GOP says they have votes against Iran nuclear deal

House GOP says it has the votes to disapprove of Iran deal

House Republicans said Monday that they have the GOP votes to disapprove of the Iran nuclear ...
Winners and losers in Clean Power Plan Associated Press

Who wins and loses under Obama's stricter power plant limits

President Barack Obama is mandating even steeper greenhouse gas cuts from U.S. power plants t...
Olkiluoto 3 construction delay claims increased

Companies update claims over Finnish nuclear project delays

The Areva-Siemens consortium and Finnish utility Teollisuuden Voima Ovj (TVO) have both incre...
DOE opens funding for advanced nuclear reactor R&D

DOE opens funding for advanced nuclear R&D

The U.S. Energy Department (DOE) released a funding opportunity for research, development and...
Rosatom to build nuclear power plants in Vietnam

Rosatom plans construction of nuclear power units in Vietnam

Russia state-owned Rosatom signed a general framework agreement with Electricity of Vietnam (...

Power Engineering Current Issue

02/01/2015
Volume 119, Issue 2
1502PE-cover
Products Showcase
Dynamic Fluoride Ion cleaning DFIC of industrial natural gas turbines Hi-Tech Furnace Systems

Dynamic Fluoride Ion Cleaning of IGT Parts

The Dynamic Fluoride Ion Cleaning (DFIC) Process from Hi-Tech Furnace Systems is able to clean deep, narrow cracks of oxides by cycling between negative, atmospheric, and positive pressure.

Archived Articles

2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015

Power Industry Wire News

Perma-Fix Schedules Second Quarter 2015 Earnings Conference Call

Perma-Fix Schedules Second Quarter 2015 Earnings Conference Call

Rigzone Releases RigOutlook

Rigzone Releases RigOutlook

Otary Picks Aconex for Offshore Wind Farm Development

Otary Picks Aconex for Offshore Wind Farm Development

Anthony C. Schnur Joins Tombstone Exploration Corporation's Board of Directors

Anthony C. Schnur Joins Tombstone Exploration Corporation's Board of Directors

Midwest Energy Emissions Corp. Provides Business Update to Investors, Predicting Growth Ahead

Midwest Energy Emissions Corp. Provides Business Update to Investors, Predicting Growth...

Power Engineering

Article Archives for Power Engineering Magazine

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.

Latest Energy Jobs

View more Job Listings >>