The increasing penetration of wind energy on U.S. grids is affecting electricity markets in a big way.
First, the good news.
“Nobody disputes the fact that adding more wind energy to the grid displaces more expensive sources of generation,” explained American Wind Energy Association (AWEA)…http://alternativeenergy.com.pk/renewable-energy/wind-energy-and-the-myth-of-widespread-negative-pricing-explained-american-wind-energy-association-awea/ American Wind Energy Association, AWEA, Efficiency, Electricity Grid, Energy and Economy, energy prices, Finance, grid reliability, Myth of Widespread, Negative Pricing explained, Politics & Legislation, production tax credit (PTC), Subsidies, Utilities, Wind, Wind energy
Iowa Governor Terry Branstad went out on a limb last year, bucking his party and his candidate to lobby with Democrats for extending a key federal tax credit for wind power. The credit was extended after a pitched battle in Congress, and Branstad’s gamble has just paid off in spades with the…http://alternativeenergy.com.pk/international-news/warren-buffett-pumps-1-9-billion-into-iowa-wind-energy-key-federal-tax-credit-for-wind-power/ Energy and Economy, energy investment, Finance, Green Jobs, News, Politics & Legislation, production tax credit (PTC), Utilities, warren buffett, Wind
Following the very late extension on January 1 of the federal wind energy production tax credit (PTC), the U.S. wind power market appears headed for a sizable drop this year, followed by a solid recovery in 2014, according to panelists at the WINDPOWER 2013 Large Turbine Vendors Forum.
The…http://alternativeenergy.com.pk/international-news/large-turbine-vendors-see-need-for-policy-certainty-fairness-according-to-panelists-at-the-windpower-2013-large-turbine-vendors-forum/ fairness according, federal wind energy, Large turbine vendors, Large Turbine Vendors Forum, panelists, policy certainty, production tax credit (PTC), WINDPOWER 2013
Without a turn toward long-term policy stability and predictability, the U.S. wind energy market is likely to settle out at somewhere between 4 to 8 gigawatts (GW) from 2017 on, according to presentations at today’s Market Update session at the WINDPOWER 2013 Conference & Exhibition in…http://alternativeenergy.com.pk/international-news/market-update-session-at-the-windpower-2013-conference-exhibition-in-chicago-analysts-see-future-market-of-4-8-gwyear-in-u-s/ Bloomberg New Energy Finance, future market, Market Update session, production tax credit (PTC), renewable energy credits (RECs), Renewable Portfolio Standard (RPS), WINDPOWER 2013 Conference & Exhibition in Chicago
New financing structures are expected to continue to drive the industry.
SAN FRANCISCO – ”Renewable energy subsidies will be able to survive tax reform,” said Mike Novogradac founder of the boutique tax credit accounting firm during the opening session of the sixth annual…http://alternativeenergy.com.pk/international-news/bright-future-for-renewable-energy-subsidies-new-financing-structures-are-expected-to-continue-to-drive-the-industry/ Bright Future, Novogradac Financing Renewable Energy Conference, production tax credit (PTC), renewable energy, San Francisco, Subsidies New financing structures
As noted in our prior article, New Twist to the Renewable PTC Extension: Defining “Under Construction,” published March 12, 2013, the American Taxpayer Relief Act of 2012 (“ATRA”) extends the Production Tax Credit (“PTC”) and Investment Tax Credit…http://alternativeenergy.com.pk/international-news/helpful-guidance-for-renewable-production-tax-credit-ptc-begin-construction-and-continuous-efforts-american-taxpayer-relief-act-of-2012-atra/ American Taxpayer Relief Act of 2012 ATRA, Investment Tax Credit ITC, production tax credit (PTC)
New Hampshire, USA – Wind power surged to a new record in 2012 with nearly 45 gigawatts (GW) of new installations, a 10 percent increase from 2011, according to the Global Wind Energy Council (GWEC)’s Annual Market Update. Global installed capacity increased roughly 19 percent to…http://alternativeenergy.com.pk/international-news/global-wind-power-capacity-increased-19-percent-in-2012-global-wind-energy-council-gwecs-annual-market-update/ Annual Market Update, Global Wind Energy Council, Global Wind Power Capacity, GWEC, production tax credit (PTC), Wind energy