The powerful winter storms that moved across Europe in March precipitated a considerable spike in electricity supply on the European grid, thanks to continental wind farms.

Wind speeds of 100 mph were recorded across Europe and topped 135 mph at the Czech Republic’s highest mountain, Snezka. The surplus electricity on the grid, produced mostly by German and Danish wind farms pushed prices down by 12% on the spot market.

Traders buying and selling round-the-clock power reported that the ‘day ahead’ price in central Europe’s power market dropped to €49.5 ($76) per megawatt hour compared with €56 at the end of the previous week, according to a piece at Planet Ark. Unfortunately, the article also suggests that sudden drops in electricity prices on the spot market have little effect on end-use rates. (more…)

They have been around for centuries, but they are quickly becoming the darlings of the eco-friendlies and clean energy nuts. Windmills, or in this case, wind energy generators, come in all shapes and sizes. But, how feasible and cost-effective would it be for you to integrate a small wind system at your home, cabin, or camp? It might actually be easier than you might think. And if the small-wind tax credit somehow holds onto its tenuous place in the farm bill, it might just be cost-effective for you to invest one that can help defray, or even eliminate your monthly electricity bill. (more…)

Since the energy crisis of the late 1970s, the federal government has employed various policy mechanisms to support renewable energy development. Driving through the neighborhoods that were developed in the late 70s and early 80s, it’s not hard to notice all of the old rooftop solar water heating arrays that were installed because people were taking advantage of a tax credit made available by the Carter administration. But the tax credit expired after Reagan took office, which is why I don’t see rooftop solar hot water nearly as much anymore (at least not recently installed).

The same thing will happen if the renewable energy tax credits expire (more…)

They say everything is bigger in Texas and that certainly applies to the giant windmills that have replaced oil derricks in the rural area of Sweetwater, in Nolan County. According to the New York Times, the towers stand 20 stories high and the turbine blades are as long as a football field, and farmers can earn $500 per month for each turbine they allow built on their land. Texas is now the largest producer of wind power in the United States, with $700 million in investment injected into wind projects in January alone, enough to power 100,000 homes.

But even bigger news to those who would like to see some attention paid to America’s rural economic health, is the impact that these wind farms are having on the rural economy. Property values have doubled, teens are staying in the area after graduation to work in the growing number of wind power jobs, and the downtown area is in a state of renewal.

“Since the wind boom began a few years ago, the total value of property here in Nolan County has doubled, and the county judge, Tim Fambrough, estimated it would increase an additional 25 percent this year. County property taxes are going down, home values are going up and the county has extra funds to remodel the courthouse and improve road maintenance…Wind companies are remodeling abandoned buildings, and new stores, hotels and restaurants have opened around this old railroad town.” –Clifford Kraus, New York Times

But this rural revival is in danger of an early death unless Congress extends the federal renewable energy tax credits that have helped fuel wind energy growth. The American Wind Energy Association (AWEA) estimates that over 116,000 U.S. jobs and nearly $19 billion in U.S. investment could be lost in just one year if the tax credits are not renewed by Congress. These jobs are in the areas hardest hit in today’s economy: construction and manufacturing. Concerned citizens should contact their elected representatives to encourage them to act to extend the federal renewable energy tax credits.