A New Dawn for Wind Energy Infrastructure After the Production Tax Credit Sunset

| July 15, 2019

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The wind industry is approaching the end of its federal financial support. The Production Tax Credit (PTC), which was designed to drive investment by providing reductions in tax liability for renewable energy producers, is set to expire for large wind facilities at the end of this year, meaning that no wind projects entering construction or procuring equipment after the next few months will be eligible for federal support. Political leaders around the country are debating the best ways to continue supporting the wind industry. Senator Lisa Murkowski (R-Alaska) asked recently whether the wind industry still needs help at all. There is little doubt that wind power is more competitive now than when the incentives were first introduced, but in a market saturated with incentives for coal, gas, and solar power, the wind industry will need new and innovative policies to continue propelling its growth. A new set of federal support mechanisms that expand transmission infrastructure, research and development, and energy storage while reducing investor risk through a loan guarantee program would create a more equitable market environment that will promote the wind energy buildout.

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Leading the Way Forward for DER Grid Management

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What is community solar and is it better than installing solar panels on your home?

Article | February 24, 2020

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