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 tax credit
Wind Energy Economic Benefits Highlighted In AWEA Infographic
A new infographic from the American Wind Energy Association (AWEA) highlights US wind energy economic benefits ahead of Congress’ return. Highlighted on its Into The Wind blog, the graph shows how important wind power is in terms of the economy and energy independence. This summer, AWEA has hammered home the point that wind energy will … [continued]
Republican Senator Slams Fossil & Nuclear Energy Subsidies In Face Of Wind Energy Tax Credit…
Several weeks ago Peter Sinclair of Climate Denial Crock of the Week took up the latest news from the seesawing $14 billion wind industry in the US, which is the world’s second-largest buyer of turbines. Sinclair publicized a short video of Sen. Chuck Grassley (R-IA, above) revealing an “intellectually dishonest” accusation … [continued]
EDF Renewable Energy Commissions 150MW Wind Energy Project In Texas
According to a recent announcement made by EDF Renewable Energy, formerly known as enXco, 150 MW Bobcat Bluff wind farm in Texas became operational on 26 December 2012. EDF Renewable Energy had acquired the project from Element Power in March 2012, and construction of the project was started in April. The … [continued]
A CEO’s Comments On Wind Tax Credit Longevity
I briefly interviewed Donn Pendergrass, the CEO of ATI Casting. ATI Casting is a firm headquartered in La Porte, Indiana that manufactures customer-specified gray and ductile iron castings, some of which are for wind turbines. Mr. Pendergrass made some interesting comments about the state of the wind industry and the … [continued]
Senate Committee Revives Wind Energy Tax Credit; Nuclear-Fueled Exelon Seeks to Squash It
The Senate Finance Committee’s reviving a one-year extension of the federal wind energy tax credit has opponents and supporters lobbying hard. At stake are billions of dollar of wind power projects, equipment sales, and green job creation. […]
This Could Be Big — Refundable Federal Tax Credit Could Remove Barrier to Community Wind
Since it will take a battle to extend federal tax credits for wind power anyway, why not make community wind development easier at the same time? Last month, President Obama’s Treasury Department released proposed reforms to a number of business taxes including the federal Production Tax Credit (PTC) for … [continued]
HUGE Push to Save Renewable Energy Subsidies (Wind, Solar, Geothermal, Biomass, & Hydro)
Sign the two letters to Congress below to help prolong key renewable energy industry incentives that will continue to create tens of thousands of U.S. jobs! http://youtu.be/W1gpxEevFr0 Every renewable energy industry in the country—wind, hydro, solar, geothermal, biomass,…—are working hard right now to get some critical government subsidies continued. … [continued]
U.S Wind Installations Top 2,000 MW in First Half of 2011
In an analysis conducted by the American Wind Energy Association (AWEA), the United States had a 72 percent increase in installations of wind energy from the previous year. In the first half of 2011 the U.S. installed 2,151 MW of wind energy compared to 1,250 MW in the same period of 2010.
