NewEnergyNews: NEW ENERGY MOVES AWAY FROM INCENTIVES

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  • Weekend Video: Bloomberg To Colbert – New Energy Is The Answer
  • Weekend Video: Global New Energy Keeps Coming On
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  • THE DAY BEFORE

  • FRIDAY WORLD HEADLINE-Why Geoengineering Has Comes With Big Risks
  • FRIDAY WORLD HEADLINE-The Immense Potential Of Ocean Wind
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  • TTTA Thursday-Big Work Now Ahead On Climate Change
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  • TTTA Thursday-How The Ocean Can Store New Energy
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  • QUICK NEWS, October 10: Why Tariffs On Solar Will Backfire On The President; Private Sector Seizes Wind Opportunity; The EV Boom Needs 1000s More Plugs
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  • TODAY’S STUDY: An Alternative New Energy Plan For North Carolina
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    Founding Editor Herman K. Trabish

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  • TODAY AT NewEnergyNews, October 16:

  • TODAY’S STUDY: How Get The Stacked Values Of Battery Storage
  • QUICK NEWS, October 16: Worse Than ‘The New Normal’; New Energy To The Rescue; How Rooftop Solar Cuts Everybody’s Power Bills

    Thursday, October 29, 2015

    NEW ENERGY MOVES AWAY FROM INCENTIVES

    The U.S. Tax Breaks That Clean Power Doesn't Seem to Mind Losing

    Mark Chediak and Chris Martin, October 28, 2015 (Bloomberg News)

    “The most significant U.S. tax credit for solar power will expire at the end of next year, and the biggest one for wind power already has. Renewable-energy developers aren’t losing much sleep over it…The need for tax breaks, which once underpinned the economics of wind and solar projects, is fading as prices fall and the technologies become more competitive with electricity produced from fossil fuels. At the same time, other federal policies such as the Obama administration’s Clean Power Plan are creating new incentives for renewable energy plants...

    "Developers are planning now for the day when they will no longer receive the credits…The end of the [2.3 cents per kilowatt-hour federal] production tax credit for wind power will lead to ‘only a temporary blip’ in the market [and solar will remain competitive without its 30% federal investment tax credit, according to] NextEra’s renewable development unit]…” click here for more

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