I was speaking with a friend the other day when she asked, “What’s going on with renewable energy tax extenders this year? Are the PTC and ITC going to be extended?” As we know, the Production Tax Credit (PTC) expired at the end of 2014 and the 30 percent Investment Tax Credit (ITC) will expire at the end of 2016. That’s in addition to a dozen other energy credits affecting biofuels, electric vehicles, and energy efficiency that have also expired.
After an exciting day of keynotes and discussions, the opening panel of the second day of the Renewable Energy Finance Forum (REFF West) began with a focus on investment banking perspectives on solar project financing. Bringing together a selection of top energy bankers from leading institutions that are active in renewable energy financing, the panel discussed movements and trends in the present and near future term and how the financial landscape has changed over the last 12 months.
By Christine Hertzog 09/04/13
Distributed generation (DG) has been called an existential threat to electric utilities. But it doesn’t have to be a doomsday scenario, and there’s interesting work going on in the field of Transactive Energy that envisions a much more pragmatic future of the Smart Grid.
By John Anderson 08/30/2013
In another major study released today on wind farms and property values, Lawrence Berkeley National Laboratory (Berkeley Lab) analyzed more than 50,000 home sales near 67 wind facilities in 27 counties across nine U.S. states, yet was unable to uncover any impacts to nearby home property values.
By ACORE Interim CEO, Michael Brower 08/22/2013
It should be no surprise that when Gallup asks Americans to choose between economic growth or protecting the environment – during a time when too many Americans are still out of work, living paycheck to paycheck, drowning with college debt, and underemployed – they choose improving economic growth. But even as the economy remains America’s number one priority; more and more Americans are calling for action on climate change. Most Americans see the environmental and economic challenges climate change poses, but they also recognize--as the American Council On Renewable Energy (ACORE) does--that clean, renewable energy is a solution to both environmental and economic challenges.
By Kevin O'Rourke 08/13/2013
“Made in America” labels have long signified superior quality products, produced from the hard work and innovation of our friends and neighbors.
Chart: 2/3rds of Global Solar PV Has Been Installed in the Last 2.5 Years
And capacity will nearly double in the next 2.5 years.
By Stephen Lacey 08/16/2013
SOURCE: GTM Research
By Todd Foley 8/06/2013
As we have witnessed over the past decade, the American energy landscape continues to transform. Not so long ago, energy scarcity was a significant concern, especially for transportation fuel as the petroleum supply decreased. As a result, in 2005 our nation wisely chose to diversify our fuel supply with strong bipartisan leadership from American policymakers. At that time, under George W. Bush, we created one of the most successful energy policies ever enacted– the Renewable Fuel Standard (RFS).
By Stephen E. Morgan, CEO of American Clean Energy & Todd Foley, ACORE's SVP of Policy & Government Relations 8/26/13
At this moment, the U.S. can reinvent how we produce, store, transport, and consume electricity. With an abundance of domestic energy, our country is on its way to becoming “energy independent” by the end of the decade. But powering our homes and businesses with natural gas or other fossil fuels does not mean a reliable, clean, and affordable flow of electricity will follow.
In order to capitalize on recent energy advances, states, regulators, and the federal government must bring the inherent benefits of generating power from on-site renewable energy — what’s called distributed generation — to more Americans. Transitioning our grid to one supplied with more distributed generation in the forms of all types of renewable energy is essential to attaining The U.S.’s true energy independence; independence that allows for the most reliable, affordable, and cleanest energy to flow to every American.