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The Impacts on Renewable Energy

Categorized Under: Energy

 

 

Renewables are strongly encouraged, and there is a window of opportunity to pursue them. The Act provides for substantial production tax credits (1.8 cents per kWh) for many renewable energy options for nine years, if they are on-line by the end of 2007. On the other hand, the Act does not provide for a national renewable portfolio standard (RPS)—which would have had significant impacts, particularly on the development of new wind projects.

Insight Details

Published: Jan 1, 2005
Source: ICF International
 
 
 
 

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