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November 22, 2024

Production Tax Credit (PTC)

Ørsted U.S.
Bills Dangle Generous Tax Credits for Renewables
Legislators see long-term, full-value tax credits as one tool among many that are needed to expand renewables at the requisite pace and scale.
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Clean Energy Wins, Fossil Fuels Lose in Biden Budget
The U.S. could save $35 billion by 2031 by immediately eliminating fossil fuel tax preferences, according to a line item in President Biden’s 2022 budget.
ACORE: Storage and Tax Incentives Key to Infrastructure
A panel of industry stakeholders concluded ACORE’s Policy Forum with a discussion on infrastructure and the policies that might shape the future grid.
Revised Stakeholder Amendments on ORTPs Gain Support
The NEPOOL Markets Committee reviewed proposals by ISO-NE and stakeholders to change the offer review trigger prices for renewables.
Wind, Solar, EE, CO2 Storage Win Tax Breaks
Renewables, energy efficiency and carbon capture all won tax break extensions in the massive stimulus and budget bill approved by Congress.
CleanPower 2020: Renewables’ Future Still Holds Hope
AWEA hosted a web-accessible three-day event to discuss the state of the renewable energy industries amid the pandemic and the expanded PJM MOPR.
Renewable Tax Credit Extensions Not in Stimulus Bill
The wind and solar industries were disappointed that Congress’ $2 trillion stimulus bill did not include extensions of production and investment tax credits.
WEC Energy Wind Boom to Follow Strong 2019
WEC Energy Group reported year-end net income of $1.13 billion ($3.58/share), up from $1.06 billion ($3.34/share) in 2018.
Overheard at AWEA WINDPOWER 2019
AWEA welcomed nearly 8,000 attendees to its annual exhibition held May 20-23 at the George R. Brown Convention Center in Houston.
Overheard at Infocast ERCOT Market Summit
Infocast’s annual ERCOT Market Summit attracted policymakers with utility, solar, wind and other energy executives to explore potential solutions and opportunities in Texas.

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