Documents
Category:
Tax Breaks & Subsidies
Texas oilman T. Boone Pickens is on a mission, and wants you to support his energy plan away from imported oil and towards natural gas and wind power. But commentator Will Wilkinson says to be wary of what you hear.
Also filed under [
Energy Policy|
USA]
Pickens' decision to back wind power shows why the Wind Production Tax Credit (PTC) should NOT be extended
May 12, 2008
by Glenn R. Schleede
Energy expert, Glenn Schleede, explains how federal subsidies make wind power an easy choice for T. Boone Pickens but a losing proposition for American taxpayers.
Also filed under [
USA]
Federal energy subsidies and support double between 1999 and 2007
March, 2008
by Energy Information Administration
Federal electricity subsidies and support per unit of production (dollars per megawatt hour) varied widely by fuel in FY2007, according to EIA. Coal-based synfuels (refined coal) that are eligible for the alternative fuels tax credit, solar power and wind power received the highest subsidies per unit of generation, ranging from more than $23 to nearly $30 per megawatt hour of generation.
The smallest subsidies on a per unit basis were for coal, natural gas and petroleum liquids, and municipal solid waste, all at less than $0.45 per megawatthour of generation.
Also filed under [
Energy Policy|
USA]
Also filed under [
USA]
Independent Economic Assessment of the Proposed Bluewater Offshore Wind Farm
November 8, 2007
by Pace Global Energy Services, LLC for Delmarva Power and Light
Pace Global Energy Services, LLC (“Pace”) was commissioned by Delmarva Power and Light (“Delmarva”) to independently assess the economic impacts of the proposed Bluewater Wind off-shore wind farm (the “BWW Project”) on Delmarva’s Standard Offer Service (“SOS”) customers. The review undertaken by Pace was based solely on publicly-available information and data sources. The report can be downloaded by clicking on the below link.
Also filed under [
Impact on Economy|
Delaware]
IRS Creates Safe Harbor for Wind Energy "Flip" Transactions
October 24, 2007
by Stoel Rives Attorneys at law
Also filed under [
USA]
An assessment of retail rate trends and generation costs in Maine
September 5, 2007
by Johannes P. Pfeifenberger and Adam C. Schumacher (The Brattle Group)
The Independent Energy Producers of Maine (IEPM) commissioned the Brattle Group to prepare an analysis on retail rate trends and on the economics of utility cost-based generation in Maine. Brattle Group’s white paper was submitted to Maine Public Utilities Commission in regard to Docket 2007-317, an inquiry on reentry of electric utilities into the energy supply business. Appendix A of the paper details the "Economics of wind power in Maine".
Also filed under [
Energy Policy|
Maine]
A Critical Evaluation of the Energy Plans and Actions Announced in April 2007
June 12, 2007
by Glenn R. Schleede, Round Hill (VA)
This brief paper reviews and evaluates key aspects of energy policies and plans announced by New York State officials, and contrasts their electricity plans with those of the New York Independent System Operator (NYISO) which is responsible for the reliability of New York's electricity grid. Both sets of plans have major implications for the people of New York.
DOER Approves Hydro Quebec Wind RECs for MA's RPS REC Market
June 12, 2007
by Division of Energy Resources
On Jun 12, MA DOER granted Hydro Quebec approval for 108MW of wind to be eligible for the MA Rec market. There is an additional 212MW of wind that is already operating and may soon follow. DOER's decision is attached. A number of folks familiar with the New England REC market believe this decision, to be followed by others, will seriously depress REC values.
Annual Report on U.S. Wind Power Installation, Cost, and Performance Trends: 2006
May 31, 2007
by Ryan Wiser and Mark Bolinger, Lawrence Berkeley National Laboratory
DOE released its first Annual Report on U.S. Wind Power Installation, Cost, and Performance Trends: 2006 on May 31st, providing an overview of developments and trends in the U.S. wind power market. The report analyzes trends in the marketplace, including wind power prices compared to wholesale electricity prices, project costs, turbine sizes, and developer consolidation. It also describes the increasing performance of wind projects, current ownership and financing structures, and trends among major wind power purchasers.
The report notes that U.S. wind power capacity increased by 27 percent in 2006 and that the United States had the fastest-growing wind power capacity in the world in 2005 and 2006. For the second straight year, the United States led the world by installing 2,454 megawatts of wind power capacity in 2006—16 percent of the capacity installed worldwide that year—followed by Germany, India, Spain, and China. Leading the way in annual growth capacity in the United States are Texas, Washington, and California.
The report notes that U.S. wind power capacity increased by 27 percent in 2006 and that the United States had the fastest-growing wind power capacity in the world in 2005 and 2006. For the second straight year, the United States led the world by installing 2,454 megawatts of wind power capacity in 2006—16 percent of the capacity installed worldwide that year—followed by Germany, India, Spain, and China. Leading the way in annual growth capacity in the United States are Texas, Washington, and California.
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