U.S. Wind Energy Production Tax Credit Extended Through 2021
At the end of December 2020, Congress extended the PTC at 60% of the full credit amount, or $0.018 per kWh ($18 per megawatt-hour), for another year through December 31, 2021.
wind energy subsidies
Why Are We Subsidizing Fossil Fuels? Seriously
Supporting renewables can cut emissions and boost the economy, all while providing cost-competitive energy. Yet the Trump Administration continues propping up the fossil fuel industry — despite the sector facing real financial problems that began long before the COVID-19 pandemic.
Wind Power Saved USA Tens or Hundreds of Billions of Dollars (2007–2015), Study Finds
A recent study finds that wind power saves far more in avoided health care costs than the federal production tax credit for wind energy producers.
A Thought On Subsidies (Reader Comment)
Anti-wind and anti-solar folks (yes, there are a few out there — mostly tied to the fossil fuel industry) love to bring up renewable energy subsidies. However, there are so many reasons why they really shouldn’t be eager to do so. For example, fossil fuel and nuclear subsidies dwarf … [continued]
Wind Tax Credit? AWEA Is Up For A 6-Year Phase-Out
Here’s some big news from the American Wind Energy Association (AWEA) regarding the hugely important wind power production tax credit, which has stimulated a tremendous amount of wind power growth and job creation over the past several years: Analysis: Six-year phase-out of wind energy Production Tax Credit would enable U.S. … [continued]
Renewable Energy Big Pic: Part 2 (Including 19 Charts & Graphs)
Continuing on from yesterday’s “Renewable Energy Big Pic” post, here’s Renewable Energy Big Pic: Part 2. As noted yesterday, this two-post series is basically a presentation I gave to a class of renewable energy graduate students this week. Enjoy this second part, and chime in below if anything interesting or … [continued]
Phase-Out of the Federal Wind Tax Credit a Good Thing?
Energy and Environment News has a very long story on a new angle for the federal wind tax credit debate: a phaseout. This article raises several issues, apart from that policy strategy, that are worth a quick discussion. 1. Why Would Wind Compete with Natural Gas? The article waxes … [continued]
First Turbine Going Up on Enel–GE Energy Financial’s 235-MW Chisholm View Wind Farm
The first of 140 turbines is being erected on the Oklahoma wind farm, a project developed by TradeWind Energy and owned by Enel NA and GE Energy Financial Services that’s expected to inject some $5 million into the local economy, create 150 jobs, and avoid CO2 emissions equivalent to taking 110,000 cars off the road. […]
Fossil Fuel Subsidies Are 5 Times Larger than Wind Energy Subsidies (12 Times Larger than…
Ah, FOX News and GOP politicians at the federal level will harp on clean energy subsidies all day… but won’t drop fossil fuel subsidies for anything (note: many local- and state-level Republicans are actually supporting clean energy industries). But the fact remains: fossil fuel subsidies are much larger than … [continued]
House Speaker Boehner Can Create Jobs Right Now — Will He?
Former Michigan Governor Jennifer Granholm issued a forceful plea to House Speaker John Boehner this week: If you’re serious about creating and preserving jobs, support extension of the federal production tax credit (PTC) for wind. In a wonderfully articulate editorial on her Current TV show, The War Room, Granholm urged Boehner to … [continued]
