News
Category:
Tax Breaks & Subsidies and Energy Policy
Browse in :
All
> Topics
> Impact on Economy
> Tax Breaks & Subsidies
(953)
All > Topics > Energy Policy (2817)
Any of these categories
All > Topics > Energy Policy (2817)
Any of these categories
While a cap on carbon dioxide emissions remains a Holy Grail for environmental groups, rather than pursuing one Congress may take interim, and less politically painful, steps to curb global warming.
One of the likeliest options would require electric utilities, which account for about 40 percent of the carbon dioxide emitted in the U.S., to produce a percentage of their electricity with “climate-friendly” renewable sources such as solar, wind, geothermal, biomass or even tidal power.
The leadership of the Montana House of Representatives has accused the Public Service Commission of trying to skirt consumer protections that became law in 2005.
In a letter to PSC Chairman Greg Jergeson, House Speaker Scott Sales and House Majority Leader Mike Lange warned that any attempt to go around the protections built into last session’s Senate Bill 415 would be met by “appropriate action” from the House.
The controversy centers around who will pay for the cost of ancillary services associated with small-scale alternative power generation. Those are items related to the generation and delivery of power that don’t include its simple generation, transmission and delivery. Some of those services would include energy loss, energy imbalance, scheduling and dispatching, according to SB 415.
Commissioner Jergeson said that in 1993 the PSC decided that facilities that were rated fewer than three megawatts were not on the hook for those costs. None of the current commissioners were serving then. The commission recently ruled that generation facilities with capacities under 10 megawatts would not have to pay ancillary costs.
Lawmakers consider weighty surcharge on large homes; money would go into state ‘clean energy’ fund
January 9, 2007 by Louis Porter, Vermont Press Bureau in Rutland Herald
January 9, 2007 by Louis Porter, Vermont Press Bureau in Rutland Herald
Those who build large houses in Vermont could face hefty state fees if some lawmakers succeed in their efforts.
Under the Senate version of the proposed law, those who put up new houses larger than 4,000 square feet would be charged unless their buildings were energy efficient.
A similar bill likely to be introduced soon in the House is even tougher. Fees assessed under it on such large houses will go directly to a fund promoting renewable energy production in the state.
The government must put more money into renewable energy if it is to stand any chance of meeting its target of getting 20 percent of its energy from those sources by 2020, industry associations said on Friday.
The goal was set out in last year’s review of the country’s future energy needs and how to supply them and is expected to be enshrined in the Energy White Paper expected in March.
Experts say federal tax incentives drive turbine development
December 24, 2006 by Kecia Bal in The Tribune-Democrat
December 24, 2006 by Kecia Bal in The Tribune-Democrat
When a group of passionate windmill opponents took their message before Somerset County commissioners, Commissioner Brad Cober said the county can do little to stop turbine development.
But he had this bit of advice for wind-power opponents: Urge elected officials to stop federal tax credits for wind power.
The state Legislature wrapped up its 2005-06 session Thursday and early Friday by sending dozens of bills to Gov. Jennifer Granholm. Among them:
WIND POWER: A bill that would offer a tax credit for harnessing wind energy overwhelmingly passed the House and is headed to Granholm’s desk.
The legislation would provide a tax credit of 1.5 cents per kilowatt-hour of energy generated for a taxpayer who owns a windmill or wind turbine, with no taxpayer receiving a credit of more than $750,000 per year.
Gov.-elect, House speaker unveil plans for energy
December 13, 2006 by Steve LeBlanc, Associated Press in Daily Comet
December 13, 2006 by Steve LeBlanc, Associated Press in Daily Comet
Gov.-elect Deval Patrick said Wednesday he wants to put greater emphasis on the state’s future energy needs and will create a new cabinet level energy secretary after he takes office in January.
Patrick’s comments come as House Speaker Sal DiMasi, D-Boston, unveiled his own energy plans for the new legislative year.
DiMasi’s plan includes setting a five-year energy reduction goal, creating a “green communities program” to encourage energy efficiency and giving $1,500 credits for taxpayers who buy hybrid or alternative fuel cars.
Also filed under [
General|
Massachusetts]
PSC sets rates for renewable power producers
December 13, 2006 by Mike Dennison, Missoulian State Bureau in Missoulian
December 13, 2006 by Mike Dennison, Missoulian State Bureau in Missoulian
A bitterly divided Public Service Commission on Tuesday approved new prices for small “renewable” power projects in Montana selling to NorthWestern Energy, with Republicans arguing the decision will cost electric ratepayers more money.
Yet Democrats, who made up the 3-2 majority approving the rates, said the prices and standard contract are required by law and won’t increase rates by much, if at all. They also said the decision will help encourage development of small wind-power and other alternative energy projects across Montana.
DiMasi to present plan to tune up energy policy
December 13, 2006 by Beth Daley and Andrea Estes, Staff Writers in Boston Globe
December 13, 2006 by Beth Daley and Andrea Estes, Staff Writers in Boston Globe
Massachusetts House Speaker Salvatore F. DiMasi will propose today the overhauling of key pieces of the state’s energy policy to reduce electricity demand and push communities to develop more energy-efficient and green projects, such as wind turbines.
Also filed under [
General|
Massachusetts]
Energy targets debate heats up
December 12, 2006 by Hiroshi Ikematsu, Staff Writer in The Daily Yomiuri
December 12, 2006 by Hiroshi Ikematsu, Staff Writer in The Daily Yomiuri
As part of international efforts to reduce greenhouse gas emissions, the government is considering whether to introduce higher mandatory targets for renewable energy sources, such as wind and solar power, for the country’s utilities in fiscal 2011-14.
The obligatory use of new sources of energy is in line with the renewable portfolio standard (RPS) program outlined in the Special Measures Law Concerning the Use of New Energy by Electric Utilities–known as the RPS Law–which came into effect in fiscal 2003.
The law obliges utilities to rely on five kinds of renewable energy–wind, low-head microhydraulic, biomass, solar and geothermal power–for more than 1.35 percent of their electricity by fiscal 2010, or 12.2 billion kilowatt-hours of what they sell nationwide.
But, given the technical challenges to achieving the target quickly, power companies have been given a transitional allowance to gradually meet the target by fiscal 2010, beginning from 0.39 percent in fiscal 2003.
The mandatory level for fiscal 2006 is 0.52 percent.
Electricity prices would be 10 to 20 per cent higher under the Government’s new environmentally sensitive energy strategy, an energy consultant says.
Energy Minister David Parker challenged those figures but acknowledged there would be some increase to electricity consumers longer term as a result of the strategy.
He released the draft energy strategy and accompanying papers yesterday saying the Government wanted all new energy generation to be renewable, unless other means were necessary for the security of electricity supply.
The most likely renewable energy sources were wind, hydro, geothermal and wave and tidal power.
Also filed under [
General|
Australia / New Zealand]
Research brings clarity to UK renewables sector
December 9, 2006 by Renewable Energy Foundation in Press Release
December 9, 2006 by Renewable Energy Foundation in Press Release
Campbell Dunford, CEO of REF, said: “This important modelling exercise shows that even with best efforts a large wind carpet in the UK would have a low capacity credit, and be a real handful to manage. This isn’t the best way to encourage China and India to move towards the low-carbon economy. As a matter of urgency, for the planet’s sake, we need to bring forward a much broader range of low carbon generating technologies, including the full sweep of renewables. Wind has a place, but it must not be allowed to squeeze out other technologies that have more to offer.”
Windfarm industry faces new challenge
December 9, 2006 by Matt Chorley, London Editor in This is Devon
December 9, 2006 by Matt Chorley, London Editor in This is Devon
Hundreds of millions of pounds are being wasted on wind farms which will have no real impact on providing Britain’s future energy supply - and are damaging public support for going green, campaigners claimed last night.The Renewable Energy Foundation claims the Government is wrongly handing over a sixth of its subsidy fund - currently worth £500 million - to companies running on-shore turbines. In 2002-05, more than £167 million went to wind farm firms.
The REF pressure group says wind farms “are not giving value for money” and wants an overhaul of the subsidy system. It claims the unreliable weather means wind power is unlikely ever to play a major part in meeting the demand for electricity
Government proposals to reform the UK’s tradable renewable certificate system to support more technologies could be a risky gamble, according to Pöyry Energy Consulting.
Richard Slark, principle consultant at Pöyry, told EFP Online: “There’s a very high compliance case, or a very low compliance case and nothing in the middle.”
He was speaking following an Energy Institute conference in London on Tuesday. Ostensibly about the future of the renewables industry after 2020, the event was dominated by debate over proposals to reform or even replace the Renewables Obligation (RO).
Spain plans to cut subsidies for wind power generation, while increasing support for other renewables.
Under the proposals, wind generators would see their feed-in tariffs reduced from about €97 ($129) per megawatt hour to between €67 and €87/MWh. However, the government proposes boosting the level of support for other technologies, such as solar.
“Wind power subsidies were exaggeratedly high,” said Spanish energy minister, Ignasi Nieto, “especially since the technology has developed in the last year and costs have fallen.”
State regulators set standards for renewable energy sources
December 7, 2006 by Lisa Sorg in Independent Weekly
December 7, 2006 by Lisa Sorg in Independent Weekly
Under direction from the state Environmental Review Commission, the N.C. Utilities Commission sponsored a study to analyze the costs and benefits of a Renewable Portfolio Standard. If adopted by the legislature, an RPS would require the state’s three investor-owned utilities to generate a portion of their electricity from renewable sources by a given date.
The Utilities Commission paid $150,000 to Boston-based contractor La Capra to conduct the study, which is due out this week.
Also filed under [
General|
North Carolina]
Spain to cut subsidies to wind-power plants
December 4, 2006 by Kristian Rix in International Herald Tribune
December 4, 2006 by Kristian Rix in International Herald Tribune
PALMA DE MALLORCA, Spain: Spain will cut subsidies to wind-power plants following an overhaul of the way it calculates aid for renewable power sources, hurting earnings at utilities including Iberdrola, the world's largest producer of wind power.
PUC selects firm to monitor rules on renewable energy
December 1, 2006 by David DeKok in The Patriot-News
December 1, 2006 by David DeKok in The Patriot-News
The state Public Utility Commission yesterday picked a California company to monitor compliance with a 2004 state law that requires electric utilities to purchase a certain amount of renewable energy.
Clean Power Markets Inc. won the contract on a 4-0 vote, but not before several commissioners expressed discomfort with potential conflicts of interest in the small, but growing renewable energy industry.
Also filed under [
General|
Pennsylvania]
Spain govt to cut investment for wind energy investments by over 50 pct - report
December 1, 2006 in Forbes
December 1, 2006 in Forbes
Spain’s Industry Ministry plans to cut the premium on investment in wind energy installations by over 50 pct, Bolsacinco reported, citing unnamed sector sources.
According to the website, Energy Secretary General Ignasi Nieto has now submitted the definitive regulations on the wind energy investment, proposing a premium of 17.4 eur per Mwh during the first five years of investment in a wind farm, which will then fall to 10 eur during the following 10 years.
The Australian Wind Energy Association says it is relieved the Labor Party has remained in government after the weekend’s state election.
The association criticised the Liberal Party during the election because of its plans to scrap the Victorian Renewable Energy Target (VRET).
Association chief executive Dominique La Fontaine says the result renews confidence in the industry, and more wind projects can go ahead.
Also filed under [
General|
Australia / New Zealand]