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Browsing the "wind Production Tax Credit" Tag

US Senate Democrats & Clean Energy Industry Call For Tax Credit Extensions

June 24th, 2019 | by Joshua S Hill

A group of 20 US Senate Democrats have called for the extension of clean energy tax incentives such as the wind energy Production Tax Credit (PTC), the solar Investment Tax Credit (ITC), and the residential renewable energy tax credit, a call which has been applauded and joined by the country's clean energy associations. 


US Renewable Energy Subsidies Dropping, While Renewable Energy Continues To Grow Fast

May 23rd, 2018 | by U.S. Energy Information Administration

Federal subsidies for renewable energy—including biofuels for transportation use and renewable generation of electricity—dropped to $6.7 billion in fiscal year (FY) 2016, a 56% decline from FY 2013. Renewable subsidies in FY 2010 and FY 2013 were approximately $15 billion, more than double FY 2016 levels, as support from the American Recovery and Reinvestment Act of 2009 (ARRA) lessened. Despite the decline, renewable energy continued to receive a large share of total federal energy subsidies, accounting for 46% of the FY 2016 total


Congressional Inaction Threatens Record Wind Energy Growth

October 20th, 2012 | by Andrew

The picture of the US wind energy industry looks markedly different looking back than it does looking forward. US wind energy capacity has been growing at a record rate this year, but the year-end expiration of a key federal tax credit is already slowing things down.


US Wind Power Grows 31% in Q4, 17% in 2011, but Expiring Production Tax Credit Threatens Future Gains

January 27th, 2012 | by Andrew

US wind power capacity surged 31% in 4Q and 17% annually in 2011, according to the AWEA's latest industry report. Wind energy now supplies 20% of electricity in Iowa and South Dakota, while more than 100 wind projects in 31 states and Puerto Rico are under construction at present. Looming expiration of the wind power PTC threatens the economic growth and job creation that's under way, however



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