ABB_id2059
in News Departments > Policy Watch
print the content item

The latest effort to extend the expiring production tax credit (PTC) was defeated on July 12 when S.2237 - the Small Business Jobs and Tax Relief Act - failed to receive enough votes to move forward.

Sens. Michael Bennet, D-Colo., Jerry Moran, R-Kans., and Mark Udall, D-Colo., had filed an amendment to the bill that would have extended the PTC for two years. However, because the bill will not be debated, the amendment will therefore not be considered.

The amendment also would have extended the wind energy investment tax credit - which is crucial for the development of U.S. offshore wind - for two years.

IOWA Economic Development id2073

Trachte_id2056
Latest Top Stories

More Investors Entering Tax Equity Market; Returns Holding Steady

The entry of new tax equity investors to the wind space last year re-ignited an old debate.


Report: Top 10 Turbine OEMs Had Record Year In 2014

Preliminary findings suggest Vestas reigned supreme again among the world's leading wind turbine makers. How did some of the other OEMs fare?


AWEA's Gramlich To FERC: Additional Transmission Needed Regardless Of Clean Power Plan

To further build a more balanced and reliable electricity portfolio, the U.S. needs to build more transmission capacity.


Getting A Grip On Grinding Gearboxes: Why Such Events Need Not Be Showstoppers

Despite advances in gearbox reliability - namely, from condition monitoring systems and greater design standardization - challenges remain.


How Wind Energy Can Meet EPA Clean Power Plan Requirements

According to the American Wind Energy Association, wind power is a cost-effective solution for complying with the environmental effort.

Hybrid Energy Innovations 2015