Library filed under Taxes & Subsidies from USA

Anti-Wind Bills Prompt Predictions of Lawsuits, Bankruptcies and More Broken Promises

Yates said the legislators don’t understand that the tax credits were built into the business models when the wind industry companies won state approval to build wind farms in Oklahoma. “These projects are not profitable for the first 12 years of existence,” he explained. The Wind Coalition leader said for the state to go back and change the rules “of the game so dramatically after these projects are already up and spinning, the investment is there and now to go back in and change is devastating.”
4 Mar 2018

Wind over the prairies

The [wind] industry faces the loss of federal development initiatives after 2020, a timetable that spurred the industry to initiate these mega-projects in the first place and place big bets on these enormous farms instead of smaller, quicker projects. ...This transitory surge poses a dilemma to equipment providers and specialized logistics handlers alike: How do they gear up for an expected building spree knowing that it will most likely be short-lived?
29 Jan 2018

DPU oks new fees on solar, wind installations

“The department concedes that customers taking net metering services directly receive the benefits of the net metering system,” the DPU said in its ruling. “The costs of net metering, however, are borne by all electric customers, whether or not they receive net metering credits. Consequently, there is a transfer of costs rooted in the net metering system.”
9 Jan 2018

Sorry wind and solar, America's insatiable energy demands require reliable power sources

Both wind and solar power remain troublingly intermittent — and require backup generation from gas and coal for every moment when the wind doesn’t blow and the sun doesn’t shine. As such, they remain expensive and cumbersome forms of power generation. And while their market share has grown impressively, they still only contribute 7 percent to America’s total electricity needs. In short, they are by themselves unreliable for an economy that needs power in all conditions, and at all times of day. 
12 Dec 2017

U.S. Tax Priorities Sack Big Wind

The Senate bill should serve as the PTC/ITC blueprint for the final bill. Any changes recommended by the conference committee should be addressed swiftly and fall within the envelope of the Senate bill. This is an important step, but only first step, toward a level-playing-field between electrical energies that will, longer term, improve grid reliability coast-to-coast, border-to-border.
7 Dec 2017
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