Tag Archives: PTC

Past and present, Montana a leader in wind energy

In 1927, long before President Franklin Delano Roosevelt and his Rural Electrification Administration (REA) brought electricity to the countryside, Marcellus Jacobs from eastern Montana invented the three-bladed wind turbine for electricity production. At night, the Jacobs family farm provided the best advertisement for the effectiveness of his new technology, basking alone in the glow of … Continue reading Past and present, Montana a leader in wind energy

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Report: 37,400 Clean Energy Jobs Announced In Q2, But PTC Threat Already Slowing Wind Industry

As many as 37,409 jobs could be created from the more than 70 major clean energy projects announced across the United States during the second quarter of 2012, according to the latest quarterly Clean Energy Jobs Roundup from Environmental Entrepreneurs (E2), the national group of business leaders who advocate for sound economic and environmental policies. … Continue reading Report: 37,400 Clean Energy Jobs Announced In Q2, But PTC Threat Already Slowing Wind Industry

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Clarifying the dollars involved in wind energy’s tax credit

EVWIND As the presidential campaigns have taken up the question of whether to extend the federal wind energy Production Tax Credit (PTC) beyond 2012, some confusion has arisen about the dollars involved. The PTC provides a credit against taxes of 2.2 cents for each kilowatt-hour of electricity that a wind farm generates during its first … Continue reading Clarifying the dollars involved in wind energy’s tax credit

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US wind energy industry vaults over 50 GW milestone

EVWIND Newsrooms, websites and social media have been enthusiastically reporting this past week that the United States wind power sector now has installed at least 50 gigawatts of electric generating capacity. Chuck Grassley, a Republican Senator from Iowa, said in an American Wind Energy Association (AWEA) press release that attaining 50 GW of wind energy … Continue reading US wind energy industry vaults over 50 GW milestone

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Wind turbines: Rep. Noem to visit technical school, discuss PTC extension

South Dakota Congresswoman Kristi Noem (R) is scheduled to visit Mitchell (S.D.) Technical Institute (MTI) this afternoon to tour the facility, which offers wind technician training, and host a roundtable discussion on the impending expiration of the federal wind energy Production Tax Credit (PTC), according to the Mitchell Daily Republic newspaper. Noem, who is in … Continue reading Wind turbines: Rep. Noem to visit technical school, discuss PTC extension

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Wind energy: PTC advances in U.S. Senate with overwhelming bipartisan support

Extension of critical tax relief to save 37,000 jobs in wind power and continue growing U.S. manufacturing advanced in the Senate Finance Committee today with strong bipartisan support. By an overwhelming bipartisan margin of 19-5, the Committee passed an extenders package that included an extension of the federal wind energy Production Tax Credit (PTC). On … Continue reading Wind energy: PTC advances in U.S. Senate with overwhelming bipartisan support

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Wind farm developer to delay project due to PTC uncertainty

An Illinois wind power developer has delayed construction of a 175 MW, $300 million wind energy project in Logan County, Ill. by at least two years, according to Platts. American Wind Energy Management originally expected its Sugar Creek Wind farm to glean tax credits from the Production Tax Credit, which is set to expire at … Continue reading Wind farm developer to delay project due to PTC uncertainty

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