QUICK NEWS, October 8: WIND’S VITAL TAX CREDIT UP FOR DEBATE; INTERNATIONAL COLLEGE SOLAR COMPETITION OPENS; ENERGY SERVICES SECTOR TO REBOUND, DOUBLE

WIND’S VITAL TAX CREDIT UP FOR DEBATE Legislators Debate Survival Of Wind Production Tax Credit

October 3, 2013 (North American Windpower)

"…[T]he wind industry again found itself defending the production tax credit (PTC) before members of Congress…[at a hearing of the] House Oversight and Government Reform Subcommittee on Energy Policy…Rob Gramlich, the American Wind Energy Association's (AWEA) senior vice president of public policy, called the PTC a ‘wise investment’ and laid out the statistics for legislators…[S]ome Republicans at the hearing argued that the wind industry can - and should - do without the incentive…Democrats said the attack on wind subsidies was unfair…[and called for giving] as much support to clean renewable energy sources as [to the fossil fuel industries]…” click here for more

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INTERNATIONAL COLLEGE SOLAR COMPETITION OPENS Solar Decathlon 2013 Kicks Off Today, Solar-Powered Houses Open to Public at Orange County Great Park in Irvine, California; Collegiate Teams Showcase Affordable, Energy-Efficient Houses in Global Competition

October 3, 2013 (U.S. Department of Energy)

“Collegiate teams involving more than 1,000 students from around the world have assembled at the Orange County Great Park in Irvine, Calif., …for the U.S. Department of Energy Solar Decathlon 2013…[It is a] biennial competition that challenges collegiate teams to design, build, and operate houses powered by the sun that are affordable, energy efficient, attractive, and easy to live in…In addition to educating the public about money-saving and energy-saving opportunities available today, this award-winning competition engages students from across the nation and around the world to develop the skills and knowledge to become the next generation of architects, engineers and clean energy entrepreneurs…The Solar Decathlon also supports the Obama Administration’s goal of transitioning to a clean energy economy while saving families and businesses money…” click here for more

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ENERGY SERVICES SECTOR TO REBOUND, DOUBLE The U.S. Energy Service Company Market; Energy Performance Contracting and Energy Efficiency Retrofits for the MUSH, Federal, Commercial & Industrial, and Public Housing Sectors

Q3 2013 (Navigant Research)

“The U.S. energy service company (ESCO) market has been championed over the last 30 years as a breakthrough in energy efficiency financing. ESCOs use a range of energy efficiency financing instruments, such as energy performance contracting (EPC), to help customers finance energy efficiency upgrades through the future energy savings that energy efficiency can generate…In recent years, the U.S. ESCO market has gone through a difficult period…Various ESCOs have reported declines in revenue in 2012 and 2013…Growing demand for renewable energy systems and distributed energy infrastructure is leading many ESCOs to develop and acquire new capabilities. Navigant Research forecasts that the U.S. ESCO market will grow from $4.9 billion in 2013 to$8.3 billion by 2020…” click here for more

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