Library filed under Taxes & Subsidies from Texas
Renewable energy supporters are bracing for a fight in the next legislative session. Help state lawmakers give to solar and wind companies must be renewed when lawmakers return to Austin in January.
The formation of the reinvestment zone now allows E.On to begin negotiations with Matagorda County on the wind farm. The project was tabled a year ago and brought back to the table after the reinvestment zone was scaled down to the parcel of land that will be used during this phase of the proposed project.
The appraisal district’s board met to discuss its options regarding a recent decision by the appraisal review board to lower the appraised value of a wind farm in central Val Verde County. The decision by the review board represented a loss of nearly $400,000 in expected revenue for Val Verde County.
A decision to lower the appraised value of a Val Verde County wind farm will be appealed through a lawsuit to be filed in state district court here, members of the Val Verde County Appraisal District Board of Directors decided Friday.
Texas dealt a potential death blow to what would be the largest-ever U.S. wind farm: American Electric Power Co.’s $4.5 billion Wind Catcher project. ...“The costs are known,” DeAnn Walker, chairman of the Texas commission, said Thursday at a hearing. “But the benefits are based on a lot of assumptions that are questionable.”
AEP's plan to build the largest wind farm in the United States might have been dealt a fatal blow. The Public Utility Commission of Texas voted Thursday to reject the proposed 2,000-megawatt Wind Catcher wind farm, stating that as it is structured now, the project doesn't offer clear enough benefits for rate payers.
There’s a growing body of research that highlights the negative effects of tax abatements granted for renewable energy under Texas Tax Code Chapter 312 and 313. Among the effects are the harm to the reliability of the electric grid, the hidden cost to Texans via taxes, and the unfortunate experiences of those who live next to large wind farms.
A request to approve a reinvestment zone and an abatement for Peyton Creek Wind Farm was tabled after a lengthy public hearing at the Matagorda County Commissioners Court regular meeting Monday, July 16.
Texas Public Policy Foundation released the paper “Texas Wind Power Story: Part 1 – How Subsidies Drive Texas Wind Power Development,” which shows that the growth of the wind industry in Texas is spurred by, and only viable because of subsidies such as the production tax credit, along with tax breaks at the state and local level. A summary of the paper is provided below. The full paper can be downloaded from the links on this page.
If a developer spent 5 percent of the project costs -- such as buying turbines or steel for towers -- by the end of 2016, that company qualified for the 100 percent tax credit. The House proposal would retroactively eliminate that provision and force projects to re-qualify for the credit by starting actual work on the projects.
Nueces County Judge Loyd Neal and Wes Hoskins, chairman of the South Texas Military Facility Task Force, recalled being told if Senate Bill 277, or something substantially similar didn't pass, the bases would likely be candidates for closure in the next few years. Hoskins said federal officials told them, "encroachment is the No. 1 issue in the nation (facing military installations), and Texas is in trouble."
A room full of protestors attended the Hamilton Independent School District board of directors meeting Monday to speak out against a wind farm application.
The Clay County Commissioners’ Court will be ignoring the interests of Clay County if it awards more wind farm tax abatements.
The fight to beat back the perceived encroachment of wind energy developments on military airspace in Texas is being re-ignited this legislative session. This month, Sen. Donna Campbell (R-New Braunfels) filed a Senate Bill 277, which attempts to limit tax incentives to wind farms built within 30 miles of military bases.
We have both taught problem-solving approaches to science and engineering students emphasizing that identifying the real problem may be the more difficult task since getting the right answer to the wrong problem is at best misleading and can be counterproductive. Simplistic solutions to complex problems rarely lead to the desired result, but complex problems can often be broken into smaller entities that lead to appropriate solutions provided that each segment recognizes and takes into consideration the other parts of the problem.
Two possible wind farm developments in Clay County could threaten flight training missions and radar operations at nearby Sheppard Air Force Base, according to base officials and wind energy opponents. The worst case scenario, officials have said, is that Sheppard's missions are moved elsewhere and Wichita Falls loses an estimated $750 million in annual economic impact.
Steve DeWolf founded Wind Tex Energy in Dallas and developed several wind farm projects over the years ..."Given the lack of cooperation in Congress and the crazies on both sides, I don't know if the PTC is going to get passed," DeWolf said. "And a lot of the best sites in Texas are taken, and then you have the competition from low natural gas prices."
Lubbock Power & Light officials are anticipating House representatives will approve SB 931 and are helping the West Texas Municipal Power Association to maximize the value of RECs WTMPA currently holds before the bill is implemented. If SB 931 is passed by the majority of the Legislature the bill would take effect Sept.1. If it’s passed by two-thirds of the Legislature, the bill will take effect immediately after Gov. Greg Abbott signs it.
Industry-friendly policies helped Texas retain its position last year as the nation’s top wind energy producer, but partisan politics now threaten that standing, wind advocates said last week as they released an annual report on the state of the industry.