REPORT RANKS COLORADO IN THE MIDDLE
FOR CLEAN ENERGY
Colorado’s clean energy industry touts itself as a leader in the New Energy Economy, but a new report released by The Brookings Institution suggest the reality is far less optimistic, particularly when it comes to jobs growth.
The report says Colorado has 51,036 clean economy jobs, which represents 2.2 percent of all jobs in the state. This ranks Colorado 13th among states for concentration of clean economy jobs, and shows plenty of work remains to be done.
Brookings defined clean energy jobs in businesses that produce goods or provide services that benefit the environment or conserve natural resources. Overall, the report ranks Colorado 20th overall for numbers of clean economy jobs. California, the state with by far the largest population, ranked first.
According to the report, median wage in Colorado’s clean economy is estimated at $45,973, compared with $40,892 for all jobs in Colorado.
TALKS BETWEEN XCEL AND BOULDER BREAK DOWN
Negotiations between the city of Boulder and Xcel Energy over the proposed construction of a 200-megawatt wind development have broken down, both parties said Thursday.
The reason cited is the utility company’s demand that Boulder voters have an opportunity this fall to approve or reject a 20-year franchise agreement allowing Xcel to continue providing power and natural gas to the city.
Last year, Boulder officials City barred Xcel’s franchise agreement from the November 2010 ballot, saying a 20-year contract was too long in a rapidly changing industry. They have also said Boulder wants more local control over its power supplies as well as increased use of renewable energy.
COLORADO’S LATEST WIND FARM LAUNCHES
Yesterday marked the dedication of the 250-megawatt Cedar Creek 2 wind farm in northern Weld County. The $475 million development has 123 turbines stretched out over 30,000 acres about 20 miles north of New Raymer. Xcel Energy will buy all the power the site produces.
CONOCOPHILLIPS REASSESSING PLANS FOR LOUISVILLE CAMPUS
The energy giant’s plans to build a training, research and development campus in Louisville will be reviewed, along with all of the company’s assets. Earlier in the day, ConocoPhillips (NYSE: COP) announced it plans to split itself into two publicly traded companies, one for refining and the other for oil and gas exploration and production, by the first half of 2012.
According to a spokesperson, ConocoPhillips is at the beginning of the process, and the assessments are largely intended to divvy up assets between the two future companies, he said.
The former StorageTek property along U.S.36 was purchased by the oil company back in 2008 and at that time, it announced plans to develop an alternative-energy research and training center there. In 2009 the company finished demolishing the buildings on the property.
POWER TAGGING WINS “TECHNOLOGY PRODUCT OF THE YEAR”
The Colorado Technology Association has announced Boulder-based Power Tagging as the “Technology Product of the Year” award winner from more than 100 applicants. The prestigious award recognizes technically innovative solutions that solve real world problems in a manner that provides benefits to its customers. Power Tagging provides solutions that enable utilities to deliver energy efficiencies through intelligent grid management. The Colorado Technology Association announced Power Tagging as the winner this week at its annual APEX award ceremony at the University of Denver.