NewEnergyNews: SMARTER NEW ENERGY INCENTIVES

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

The challenge now: To make every day Earth Day.

YESTERDAY

  • Weekend Video: Predicted Fires And Floods Arrive
  • Weekend Video: Speaking Of Big Losers
  • Weekend Video: The Automated Electric Vehicle Future
  • THE DAY BEFORE

  • FRIDAY WORLD HEADLINE-The Ultimate Allergy Remedy – Stop Climate Change
  • FRIDAY WORLD HEADLINE-World Needs More Plug-In Cars
  • FRIDAY WORLD HEADLINE-India Sets Wind Power Records
  • FRIDAY WORLD HEADLINE-Is The U.S. Navy’s Pacific Green Fleet Really Green?
  • THE DAY BEFORE THE DAY BEFORE

    THINGS-TO-THINK-ABOUT THURSDAY, August 25:

  • TTTA Thursday-Climate Change Could Cost Millenials Trillions
  • TTTA Thursday-Is Rhode Island Wind Energy’s Wedge?
  • TTTA Thursday-How Texas National Guard Could Go Green
  • TTTA Thursday-California Leads The Way To Cars With Plugs
  • THE DAY BEFORE THAT

  • ORIGINAL REPORTING: Your Utility Wants An App For You
  • ORIGINAL REPORTING: Better Price Signals To Customers for New Energy
  • ORIGINAL REPORTING: Oregon Lawmakers Order Battery Energy Storage
  • AND THE DAY BEFORE THAT

  • TODAY’S STUDY: A Deeper Look At Utilities – Arizona Public Service
  • QUICK NEWS, August 23: The Climate Change Fight Will Boost The Economy; Solar Shingles Versus Solar Panels; How Very Much Oil & Gas Don't Need Their Tax Breaks
  • THE LAST DAY UP HERE

  • TODAY’S STUDY: Wind Right Now
  • QUICK NEWS, August 22: Having Children In A Time Of Climate Change; Tips On Picking Solar Panels; 4 Things To Think About Before Buying An EV
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    Anne B. Butterfield of Daily Camera and Huffington Post, f is an occasional contributor to NewEnergyNews

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    Some of Anne's contributions:

  • Another Tipping Point: US Coal Supply Decline So Real Even West Virginia Concurs (REPORT), November 26, 2013
  • SOLAR FOR ME BUT NOT FOR THEE ~ Xcel's Push to Undermine Rooftop Solar, September 20, 2013
  • NEW BILLS AND NEW BIRDS in Colorado's recent session, May 20, 2013
  • Lies, damned lies and politicians (October 8, 2012)
  • Colorado's Elegant Solution to Fracking (April 23, 2012)
  • Shale Gas: From Geologic Bubble to Economic Bubble (March 15, 2012)
  • Taken for granted no more (February 5, 2012)
  • The Republican clown car circus (January 6, 2012)
  • Twenty-Somethings of Colorado With Skin in the Game (November 22, 2011)
  • Occupy, Xcel, and the Mother of All Cliffs (October 31, 2011)
  • Boulder Can Own Its Power With Distributed Generation (June 7, 2011)
  • The Plunging Cost of Renewables and Boulder's Energy Future (April 19, 2011)
  • Paddling Down the River Denial (January 12, 2011)
  • The Fox (News) That Jumped the Shark (December 16, 2010)
  • Click here for an archive of Butterfield columns

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    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

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      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

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    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

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  • TODAY AT NewEnergyNews, August 29:

  • TODAY’S STUDY: How Low Can The Cost Of Wind Go?
  • QUICK NEWS, August 29: The History Of Climate Change; To Buy Or To Finance Solar, That Is The Question; Wind Fits The National Power Mix

    Thursday, September 27, 2012

    SMARTER NEW ENERGY INCENTIVES

    Small Changes to Federal Renewable Policy Could Deliver Big Savings for Taxpayers; Federal Wind and Solar Incentives are Critical, Could be more Cost-Effective

    September 17, 2012 (Climate Policy Initiative)

    “Federal government support has been crucial to growth in the solar and wind industries. A new report by Climate Policy Initiative (CPI), Supporting Renewables While Saving Taxpayers Money, shows the government could sustain that support at much lower cost to taxpayers, by replacing current tax credits with cash incentives…[A] taxable cash incentive for wind energy could deliver the same support to wind projects as current policy and almost halve the cost to taxpayers…

    “CPI’s report shows that federal wind and solar incentives bridged roughly half the gap between the costs of renewable electricity generation and electricity market prices for wind and solar projects financed in 2010. Assuming that current federal policies are sustained, performance and technology improvements mean that the average wind project financed in 2013 would be nearly viable through federal incentives alone, while solar projects would still require some state support.”

    “Changing federal policies from tax to cash incentives would save taxpayers money while maintaining the same level of support for the wind and solar industries. Current federal tax incentives are not a cost-effective way to support renewable energy because most project developers don’t have enough tax liability. As a result, they employ tax equity partners at additional cost. With cash incentives, developers don’t need tax equity partners; this makes the system more cost-efficient.

    “The report recommends two changes to federal wind and solar incentives: Extend the wind production tax credit and deliver it as a $21/MWh taxable cash incentive. This would have the same value to projects, reduce inefficiencies, and reduce government costs by almost half for every unit of clean electricity generated. Give solar photovoltaic projects the option to take a 20% 1603 cash grant in lieu of the current 30% investment tax credit. This would simultaneously reduce government costs while better supporting solar energy projects…”

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