Renewable Energy Tax Credits News Briefs - December 2015

Tuesday, December 1, 2015

Sen. James Lankford, R-Okla., introduced the PTC Elimination Act (S. 2158) Oct. 7. The bill would amend the Internal Revenue Code of 1986 to repeal the production tax credit (PTC) for wind and other renewable energy sources. The PTC, which expired last December, would have a new sunset date of Dec. 31, 2026 for projects that begin construction by Dec. 31, 2016. The bill is available at www.energytaxcredits.com.

***

On Oct. 20, Alliance for Sustainable Energy announced the appointment of Dr. Martin Keller as director of the National Renewable Energy Laboratory (NREL). He was also named president of the Alliance for Sustainable Energy, which manages the laboratory for the Department of Energy (DOE). Before working with NREL, Keller was associate laboratory director for energy and environmental sciences at Oak Ridge National Laboratory (ORNL). He serves on multiple boards and advisory panels, including the Science Advisory Board for the Council on Competitiveness. Keller succeeds Dan E. Arvizu and officially joined the NREL Nov. 30.

***

The American Wind Energy Association (AWEA) released a statement Sept. 30 warning that the Ohio Energy Mandates Study Committee’s recommendation of an indefinite freeze of the state’s renewable energy policy would damage the state’s economy and leave the state’s wind energy resource largely untapped. AWEA noted that the committee’s recommendation came just as it released new data with the Wind Energy Foundation (WEF) showing Ohio households and business owners could save more than $5.3 billion on their electric bills through 2050. Additional information is available at www.awea.org.

***

The NC Sustainable Energy Association (NCSEA) released the report Sept. 10, “Lighting the Way: The Top States that Helped Drive America’s Solar Energy Boom in 2014.” NCSEA reports that while the 10 states with the most solar electricity installed per capita account for only 26 percent of the U.S. population, they account for 86 percent of the nation’s total installed solar electricity capacity. These 10 states are Arizona, California, Colorado, Hawaii, Massachusetts, Nevada, New Jersey, New Mexico, North Carolina and Vermont. The report says solar energy is on the rise, especially in states that have adopted strong public policies to encourage solar power. The report is available at www.environmentnorthcarolina.org. In addition, NCSEA announced Sept. 24 that North Carolina’s growing clean energy industry reached a new milestone. North Carolina installed solar capacity that officially exceeds one gigawatt. According to the report, the state’s solar industry accounts for more than $1.6 billion in revenue.

***

On Sept. 22, the American Council for an Energy-Efficient Economy (ACEEE) released the report, “Verifying Energy Efficiency Job Creation: Current Practices and Recommendations.” The report is compiled from several studies conducted by ACEEE and analyzes efforts to quantify job creation from energy efficiency projects. ACEEE analyzed how job creation is measured and sought to establish best practices to help individuals seeking jobs in the energy industry. The report is available at www.aceee.org.

Journal Category: