In 1927, long before President Franklin Delano Roosevelt and his Rural Electrification Administration (REA) brought electricity to the countryside, Marcellus Jacobs from eastern Montana invented the three-bladed wind turbine for electricity production. At night, the Jacobs family farm provided the best advertisement for the effectiveness of his new technology, basking alone in the glow of … Continue reading Past and present, Montana a leader in wind energy
Continue readingTag Archives: PTC
PTC for wind energy must be renewed
The environmental and economic benefits of wind power are well established. It is a homegrown source of electricity. Along with other forms of renewable energy, it can help us make the transition over coming decades to new, less-polluting ways to power the state and the country. Ohio ranks fourth in the nation in the number … Continue reading PTC for wind energy must be renewed
Continue readingMitt Romney and Wind Energy
EVWIND According to a report released by the National Renewable Energy Laboratory in June, America could supply nearly half our total power needs from wind power and solar energy by 2050. Mitt Romney’s opposition to extending the wind power production tax credit (PTC) is just one more sign of the Republican presidential candidate’s outmoded energy … Continue reading Mitt Romney and Wind Energy
Continue readingReport: 37,400 Clean Energy Jobs Announced In Q2, But PTC Threat Already Slowing Wind Industry
As many as 37,409 jobs could be created from the more than 70 major clean energy projects announced across the United States during the second quarter of 2012, according to the latest quarterly Clean Energy Jobs Roundup from Environmental Entrepreneurs (E2), the national group of business leaders who advocate for sound economic and environmental policies. … Continue reading Report: 37,400 Clean Energy Jobs Announced In Q2, But PTC Threat Already Slowing Wind Industry
Continue readingClarifying the dollars involved in wind energy’s tax credit
EVWIND As the presidential campaigns have taken up the question of whether to extend the federal wind energy Production Tax Credit (PTC) beyond 2012, some confusion has arisen about the dollars involved. The PTC provides a credit against taxes of 2.2 cents for each kilowatt-hour of electricity that a wind farm generates during its first … Continue reading Clarifying the dollars involved in wind energy’s tax credit
Continue readingUS wind energy industry vaults over 50 GW milestone
EVWIND Newsrooms, websites and social media have been enthusiastically reporting this past week that the United States wind power sector now has installed at least 50 gigawatts of electric generating capacity. Chuck Grassley, a Republican Senator from Iowa, said in an American Wind Energy Association (AWEA) press release that attaining 50 GW of wind energy … Continue reading US wind energy industry vaults over 50 GW milestone
Continue readingWhite House hopeful on renewal of wind energy PTC
EVWIND The White House is hopeful Congress will renew a $12 billion PTC for wind energy, a senior Obama administration official said, as a government report warned that thousands of U.S. jobs would be lost if the incentive runs out. “You can expect to see this will be a top priority for the administration,” a … Continue reading White House hopeful on renewal of wind energy PTC
Continue readingWind turbines: Rep. Noem to visit technical school, discuss PTC extension
South Dakota Congresswoman Kristi Noem (R) is scheduled to visit Mitchell (S.D.) Technical Institute (MTI) this afternoon to tour the facility, which offers wind technician training, and host a roundtable discussion on the impending expiration of the federal wind energy Production Tax Credit (PTC), according to the Mitchell Daily Republic newspaper. Noem, who is in … Continue reading Wind turbines: Rep. Noem to visit technical school, discuss PTC extension
Continue readingPTC: Act quickly on wind power tax credit
When the U.S. Senate returns from recess, we hope one of the first things it addresses is wind energy. Wind turbines are pictured in this February 2008 file photo on the property of the National Renewable Energy Laboratory’s National Wind Technology Center located at the base of the foothills just south of Boulder. We were … Continue reading PTC: Act quickly on wind power tax credit
Continue readingWind energy: PTC advances in U.S. Senate with overwhelming bipartisan support
Extension of critical tax relief to save 37,000 jobs in wind power and continue growing U.S. manufacturing advanced in the Senate Finance Committee today with strong bipartisan support. By an overwhelming bipartisan margin of 19-5, the Committee passed an extenders package that included an extension of the federal wind energy Production Tax Credit (PTC). On … Continue reading Wind energy: PTC advances in U.S. Senate with overwhelming bipartisan support
Continue readingWind farm developer to delay project due to PTC uncertainty
An Illinois wind power developer has delayed construction of a 175 MW, $300 million wind energy project in Logan County, Ill. by at least two years, according to Platts. American Wind Energy Management originally expected its Sugar Creek Wind farm to glean tax credits from the Production Tax Credit, which is set to expire at … Continue reading Wind farm developer to delay project due to PTC uncertainty
Continue readingRenew wind power PTC
After a thorough search just a few years ago, Ingeteam, Inc., which produces electrical generators and converters among other products, chose Milwaukee for a new manufacturing plant. The tax credit has not been allowed to expire since President George W. Bush last extended it in 2005, creating an unprecedented stable policy environment that allowed wind … Continue reading Renew wind power PTC
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