Sentences with phrase «federal production tax credit»

The $ 23 per megawatt - hour federal Production Tax Credit for wind farms, for example, can be larger than the total wholesale price nuclear plants get for their power in some regions, according to Bloomberg data.

There would be no wind power in the United States without massive federal and state support, including a 2.2 - cent per kilowatt - hour federal production tax credit and Renewable Portfolio Standards in various states that require electric utilities to acquire a certain percentage of their power from approved renewable sources, regardless of cost.

A recurring complaint about the way the United States supports the clean energy industry is intermitency: A so - called federal production tax credit expires once a year and must be renewed, creating significant anxiety for clean energy entrepreneurs — even those headquartered in other countries.

From the federal taxpayer side, we have the much - maligned (well, by the usual suspects) federal production tax credit for wind.

Last year's bipartisan vote for a multi-year extension of the federal Production Tax Credit (PTC) is likewise encouraging strong corporate interest in wind power.

PSO also will provide guarantees that the project will be eligible to receive 100 percent of the Federal Production Tax Credits; a minimum net average capacity factor at the western bus - bar of 44.7 percent for each of the five consecutive five - year periods during the project's operation, and a number of other guarantees and agreements, according to the settlement agreement documents filed March 9.

Applauding the clean energy employment gains made in the US in the second quarter of the year, E2 also notes that the looming expiration of the federal production tax credit (PTC) is already dampening further gains in the wind power sector.

The wind energy market boom is expected to continue in 2017 as the federal Production Tax Credit (PTC) drives new wind - project development and boosts the already lively O&M market.

The federal production tax credit (PTC), which offers wind energy developers 2.2 cents for every kilowatt - hour of electricity produced from grid - tied projects, was a key case in point at the conference.

Until that becomes politically feasible, the federal production tax credit should be the sole subsidy and it should be stabilized.

Uncertainty surrounding the extensions and modifications of the federal production tax credit (PTC) over the past several years led to large fluctuations in annual wind additions.

This was a widely expected result of the rush to complete wind projects in 2012 to qualify for the federal production tax credit.

(Toledo Blade) • MidAmerican Energy's CEO says the company is «hustling» to develop wind projects before the federal Production Tax Credit is phased out.

This is the Federal Production Tax Credit.

On December 16, the Senate approved a bill (already passed by the House of Representatives on December 3) that retroactively extends the federal production tax credit (PTC) for wind plants, which had previously expired at the end of 2013.

The federal production tax credit, which has provided incentives for wind farm operators to produce power since 1992, expires at the end of 2012.

This is an issue not only for owners and operators of wind farms who depend on output for revenues and income from the federal production tax credit, but also for wind farm investors that depend on output to generate bottom - line performance.

The federal Production Tax Credit (PTC), U.S. wind's historically crucial incentive that is now threatened by current budget negotiations, has been inadequate to support the development of offshore wind.

Third, Illinois nuclear plants never got anything like the federal production tax credit, or the federal investment tax credit, or state - mandated REC purchases, or renewable portfolio standards that force utilities to buy renewable power at a premium.

And federal production tax credits and loan guarantees also have been designed to promote new projects.

LBNL notes that low PPA prices do include the federal production tax credit (PTC), which likely drops prices by about $ 15 / MWh.

An incredible 5,200 megawatts, spread among 59 wind farms, came online in December alone as developers raced to qualify for the federal production tax credit before it expired at the end of the year.

Federal Production Tax Credit.

The federal Production Tax Credit (PTC) for wind provides a tax credit for wind units during their first ten years of operation.

Even excluding the federal production tax credit (PTC) for wind power, levelized cost of energy estimates (which are different than actual PPA prices) dip as low as $ 36 / MWh.

Subsidies that shift cost to taxpayers include: 1) The federal Production Tax Credit (now $ 0.018 per kWh - not $ 0.015 stated in the article).

Due to declining costs and the federal production tax credit, wind resources in particular can bid in at low or negative prices, lowering the market clearing rate for all plants in the stack.

This tremendous activity is being driven by the federal Production Tax Credit (PTC)-- which leveraged an average of more than $ 16 billion a year in private investment over the last several years and supported tens of thousands of manufacturing jobs.»

Microgrids also can gain economic benefit by joining utility demand response programs, or by participating in state and federal clean energy programs, such as state renewable portfolio standard initiatives or federal production tax credits.

If the Federal Production Tax Credit for wind energy didn't exist, you would not see another industrial wind energy turbine built.

The significant slowdown in wind additions in 2013 mirrored the national trend, which reflected the lapse of the federal production tax credit (PTC) at the end of 2012.

Under current law, the federal production tax credit would expire for wind projects that commence operations after December 31, 2001.

Wind plants can offer negative prices because of the revenue stream that results from the federal production tax credit, which generates tax benefits whenever the wind plant is producing electricity, and payments from state renewable portfolio or financial incentive programs.

The wind industry has been buffeted by the stop - start history of the federal Production Tax Credit (PTC).

Federal production tax credits and grants also contributed to increases in renewable capacity and generation between 2001 and 2011.

Federal production tax credits and grants for electricity from certain renewable sources as well as State - level renewable portfolio standards have encouraged both capacity additions and increased generation from wind and other renewable sources.

And as the EIA notes, «Federal production tax credits and grants also contributed to increases in renewable capacity and generation between 2001 and 2011.»

«The Federal Production Tax Credit distorts wholesale electric markets, including the ERCOT market.

Wind has been supported by a federal production tax credit that provides $ 22 per MWH of energy generated by a wind resource.

For example, the federal Production Tax Credit provides a $ 22 / MWh subsidy to certain renewable technologies, yet the analyses of net metering do not always account for that.

For instance, uncertainty over the future of the federal production tax credit led to a boom - and - bust cycle in which 13 GW of renewable capacity was installed in 2012, but only 1 GW was installed in 2013 after the credit expired.

The federal production tax credit for wind energy (PTC) should be extended — and reformed.

The Post expressed concern about the impending expiration of the federal production tax credit for wind (PTC), but said the proper solution is not to adopt a simple extension of the 20 - year old subsidy.

The nation's wind turbine manufacturing base has grown with the impressive surge of wind - generated electricity, but the expiration of the federal Production Tax Credit for wind (PTC) at the end of 2012 threatens the industry with factory closings and stunted growth.