Sacramento Utility to Launch Concentrating Solar Power-Natural Gas Project
Innovative Hybrid Technology to Deploy Cost-Competitive, Clean Energy and Improve Plant Efficiency
INTERSOLAR INDIA 2013: PREVAILING TRENDS, THE LATEST TECHNOLOGIES AND EXTENSIVE EXPERT KNOWLEDGE
Bombay Exhibition Centre (BEC), Mumbai, from November 12–14
Wind energy tax credit likely over, but effect may not hurt like before
Dec. 31 is a curious date for Texas wind energy producers.
That's when transmission services providers expect to energize the last power lines built under the state's $7 billion Competitive Renewable Energy Zone initiative, the long-running effort to connect windy West Texas to the state's energy-thirsty big cities. The 3,600-mile project has been credited with spurring even more investment in Texas, the country's wind power leader.
But 2013's last day is also an ominous one for wind folks. It's the expiration date of the federal Renewable Electricity Production Tax Credit, the fate of which has driven booms and busts in the industry. The multibillion-dollar credit, which Congress passed in 1992, helps wind stay economically competitive with other energy sources, including low-priced natural gas. Without it, the industry can't keep pace, even as production costs fall.
Last year, as the credit neared its demise, Congress extended it as a part of a last-minute budget package, but only for a year. This year, with Congress focused on finding a way to turn the government back on and pay its bills, lawmakers have yet to draw up a proposal for the credit, making a swift renewal increasingly unlikely.
So how would Texas wind power fare if the 2.3-cent-per-kilowatt-hour incentive lapsed? That would depend on how long the credit is unavailable, observers say. But for a couple of reasons, the effect probably won't be as harsh as in past uncertain times.
Jeff Clark, executive director of the Austin-based Wind Coalition, said he's not too worried about the ticking clock. “There's a lot of projects in the pipeline right now,” he said.
The 202-megawatt Baffin Wind Farm, in Kenedy County, is one project that's depending on the tax credit. However, owner and developer Iberdrola Renewables LLC isn't concerned.
U.S. wind industry shows strong momentum heading into 4th quarter
Wind power's growth continues to attract investment, benefit consumers and local economies
Array Technologies Announces Product Innovations, Celebrates 1.7GW Milestone at SPI
As a first time exhibitor, ATI makes a splash
TÜV SÜD at EWEA Offshore 2013: Improved safety and profitability for offshore wind farms
At EWEA Offshore 2013 in Germany, TÜV SÜD will showcase its full portfolio of offshore wind power services, supporting designers, owners/operators and manufacturers of wind turbines offering comprehensive and customised testing, certification and inspection services (Hall 3.1, Stand 31C50).
NanaWall Systems Shines in Four Projects at Solar Decathlon 2013
The University of Nevada Las Vegas (UNLV) team, featuring NanaWall units, was the highest ranked U.S. team and won the Market Appeal contest.
Natcore's Black Silicon Technology Projected to Slash Solar Cell Production Costs by 23.5%
"Making plans to take our technology to market": Provini
SEIA Applauds Introduction of Renewable Energy Standard Bill
NEW JERSEY'S STABILIZED SOLAR MARKET POISED FOR FASTEST GROWTH IN U.S.
Panelists Cite Middle Market Deals as Area for Expansion
Renewables industry poised to deliver new jobs and investments
But mixed political messaging puts jobs, investments and energy security at risk
Launch of a new partnership between Coenergia S.r.l. and Innotech Solar
The Italian distributor Coenergia S.r.l. adds solar modules of the Scandinavian-German module manufacturer Innotech Solar AS (ITS) to its product portfolio.
Ice Energy Selected as Top Ten Innovator
Lux Research Q3 2013 recognition includes energy storage leader
Market Entry: Conergy Wins 22 Megawatt Order in the Philippines
PV Solution and Service Provider expands leading position in Asia
New policy stimulates companies in Turkey to become "prosumers"
The amended law makes the production of renewable energy much more profitable and presents new opportunities for solar energy within the Turkish market.
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