Tax policy has long been a significant driver of U.S. renewable energy expansion. ACORE works to protect the existing federal production and investment tax credits, extend incentives for orphan renewable technologies, and establish a free-standing investment tax credit for energy storage technologies. To stimulate the next phase of renewable growth, ACORE also supports simplifying and consolidating federal clean energy tax incentives through the enactment of a technology-neutral tax credit based on carbon emissions, as well as effective forms of carbon pricing.
Like most of the American economy, the renewable energy sector operates in a global marketplace, and our efforts to build a 21st century decarbonized grid often depend upon a supply chain that includes components purchased abroad for use in the final manufacturing and installation of wind, solar, energy storage, and other clean grid-related technologies. ACORE supports long-term incentives to promote greater domestic manufacturing of key components and a minimization of tariffs, which together can lower costs, create jobs and achieve the greenhouse gas emission reductions we need to avoid the worst impacts of climate change.
State renewable and clean energy standards have stimulated large volumes of renewable energy deployment across red, blue and purple states. ACORE supports the continued expansion of these state targets to pursue 100% clean energy, and advocates for a federal high-penetration renewable energy standard that would set a long-term, federal policy goal for cost-effective, carbon-free electricity generation.
Transmission expansion is necessary to ready the grid for greater renewable energy penetration. ACORE advocates for modernizing siting, permitting and planning practices, as well as other legislative and regulatory measures that promote investment in transmission and advanced grid technologies.
ACORE promotes greater renewable energy integration through power market improvements that value flexibility, competition, reliability and resilience. We engage with the Federal Energy Regulatory Commission (FERC), wholesale power market operators (RTOs and ISOs), state governments and utilities to expand renewable energy access, defend competitive electricity markets, and ensure market access for energy storage and other grid-enabling technologies.
ACORE supports investment in clean energy innovation across the federal government, including the Department of Energy’s Office of Energy Efficiency and Renewable Energy, Advanced Research Projects Agency – Energy (ARPA-E), and the National Renewable Energy Laboratory.