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Renewable Energy Tax Credits News Briefs - February 2015

On Dec. 15, 2014, Berkeley Lab released the report, “Deconstructing Solar Photovoltaic Pricing: The Role of Market Structure, Technology and Policy.” Researchers from Yale University, University of Wisconsin-Madison, University of Texas-Austin and Lawrence Berkeley National Laboratory empirically examined sources of price variation and what factors play a role in photovoltaic (PV) prices of solar energy in the United States. Such factors included characteristics of PV systems and household demographics, as well as measures of installer competition, installer experience, demand for PV and public policy. The report is available at www.emp.lbl.gov.

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The Kentucky Public Service Commission (PSC) on Dec. 19, 2014, authorized Kentucky Utilities Co. (KU) and Louisville Gas & Electric Co. (LG&E) to build a 10 megawatt (MW) photovoltaic (PV) solar array. The facility will be located at the E.W. Brown Generating Station in Mercer County, and will be the state’s first major solar-powered electric generating facility. Construction will cost $36 million and will be built on a 153-acre parcel. The array will consist of roughly 260 solar panels.

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Construction of a 120-turbine wind farm near Powell, Mont., was announced Dec. 20, 2014. Mud Springs Wind Ranch, which will be developed by Mud Springs Wind Project and Pittsburgh-based EverPower Wind Holdings, will be a four-phase development and will be wired to a 230-kilovolt transmission line in Park County. Construction costs will total $550 million. Mud Springs Wind Ranch is expected to take several years to complete.

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The North Dakota Public Service Commission announced permit approval Dec. 17, 2014, to Antelope Hills Wind Project LLC for the construction of a $240 million wind farm. A total of 86 wind turbines will be installed on 22,000 acres of land northwest of Beulah in Mercer County. Bismarck-based Basin Electric Power Cooperative signed a 25-year power purchase agreement (PPA) for the full output of the 172-megawatt wind farm. The project will create nearly 300 construction jobs. The wind farm is expected to be placed in service by late 2015.

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On Dec. 16, 2014, 350-Missoula and Blue Skies Campaign, along with 14 other organizations, sent a letter to Republican Sen.-elect Steve Daines, Democrat Sen. Jon Tester, and Republican Rep.-elect Ryan Zinke concerning renewable energy legislation. The letter advocated the reimplementation of the production tax credit (PTC) and the investment tax credit (ITC). The organizations also called for bipartisan energy efficiency legislation and stated their support for a transition to 100 percent renewable energy. The letter closed with the hopes that elected officials will join the organizations in addressing the urgent threat of climate change by pursuing each of the points. The letter is available at www.blueskiesmt.com.

Journal Category:

Renewable Energy Tax Credits

Authors:

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