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Power Generation Initiative Updates
Scott Clausen

Scott Clausen

Scott Clausen is a Research and Policy Associate at the American Council On Renewable Energy (ACORE).  He is responsible for researching and analyzing renewable energy policy, including proposed legislation and agency implementation, as well as developing and preparing ACORE publications for release.

On December 6, 2016, the American Council On Renewable Energy (ACORE) convened its National Defense and Security Initiative for an executive meeting with leading military officials. ACORE’s National Defense and Security Initiative is a unique partnership between ACORE and the Department of Defense (DoD), that brings together renewable energy industry leaders, financiers, and stakeholders to increase the use of renewable energy by the military. During this meeting, the Assistant Secretaries for Energy from the Army, Navy, and Air Force and key staff provided an overview of their strategic use of renewable energy and the expected path forward under a new administration.

On Thursday, September 22nd, ACORE presented the US-Canada Renewable Energy Forum, with the support of the Canadian Consulate in New York, Brookfield Asset Management and Phillips Lytle, LLP. Held during Climate Week NYC, the forum discussed recent policy developments and worked to identify opportunities for collaboration and cross-border projects to increase the development of renewable energy in the United States and Canada. The forum was attended by over 70 people representing a diverse mix of financiers, developers, policy experts, government representatives and NGOs.

On May 5, 2016, the Internal Revenue Service (IRS) issued favorable updated guidance on Production Tax Credit (PTC) implementation issues following last December’s multi-year extension by Congress.  In December, 2015, Congress extended the PTC through 2019 with a 20% step-down in value each year from 2017 through 2019, after which the credit phases out.  This extension is expected to drive the deployment of 19 gigawatts of additional wind capacity by 2021. 

Key features of this updated guidance include:

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