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.
Wind power's growth continues to attract investment, benefit consumers and local economies
As a first time exhibitor, ATI makes a splash
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).
The University of Nevada Las Vegas (UNLV) team, featuring NanaWall units, was the highest ranked U.S. team and won the Market Appeal contest.
"Making plans to take our technology to market": Provini
Panelists Cite Middle Market Deals as Area for Expansion
But mixed political messaging puts jobs, investments and energy security at risk
The Italian distributor Coenergia S.r.l. adds solar modules of the Scandinavian-German module manufacturer Innotech Solar AS (ITS) to its product portfolio.
Lux Research Q3 2013 recognition includes energy storage leader
PV Solution and Service Provider expands leading position in Asia
The amended law makes the production of renewable energy much more profitable and presents new opportunities for solar energy within the Turkish market.
Momentum is building around the country's introductory tender round for PV projects early next year.
March 25 - 27, 2014 at the fairgrounds in Düsseldorf, Germany
Records 10621 to 10635 of 24889
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