Renewable Energy Update - December 28, 2010

In This Issue: Experts concerned about California's impact on Northwest wind power industry; RENEWABLE ENERGY FOCUS - Mojave Desert region attracting big solar energy investments; Wind energy industry gets extension on $3B grant program; Tribe's lawsuit results in court-ordered delay of 709 MW SoCal solar farm; DOE announces $74M in fuel cell R&D funding; California cap-and-trade program under fire from environmental group; NOTABLE RENEWABLE ENERGY PROJECTS AND DEALS - California utilities commission approves 500MW solar PV program; and DOE guarantees $1.45B loan for proposed Arizona solar generation plant.

Experts concerned about California's impact on Northwest wind power industry

California's share of the Northwest's wind energy industry stands at roughly 60% and is about to get larger as the state claims ownership to 100% of the power produced by Oregon's upcoming Sheperds Flats wind project, the largest in the world. The state uses the wind energy it buys from the Northwest to obtain green credits that allow it to comply with environmental laws, but does not actually feed much of the power into its grid. Oregon officials worry the excess energy in their grid will cause a variety of economic and environmental problems.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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