Published March 2006 | Version v1
Journal article

Clean energy funds in individual US States provide significant support for utility-scale wind power

Description

Federal support for wind power in the United States occurs primarily through the tax code, in the form of accelerated depreciation and a 10-year production tax credit. Support for wind power from individual States within the US, however, is much more diverse, and includes State clean-energy funds, State renewables portfolio standards, and various types of State tax incentives. This article focuses exclusively on State clean-energy funds, which exist in 14 States and in aggregate collect roughly $500 million per year to aid in the deployment of renewable energy. In 8 of these 14 States, a portion of funding has been allocated to utility-scale renewable energy projects. To date, utility-scale wind projects have been the dominant recipient of such funds, with 970 MW online through March 2006. This article reviews the experience of these 8 States in supporting utility-scale wind projects via clean-energy funds. (Author)

Additional details

Publishing Information

Journal Title
Wind Engineering
Journal Volume
30
Journal Issue
2
Journal Page Range
p. 153-160
ISSN
0309-524X
CODEN
WIENDM

INIS

Country of Publication
United Kingdom
Country of Input or Organization
United Kingdom
INIS RN
38031075
Subject category
S17: WIND ENERGY;
Descriptors DEI
FINANCIAL INCENTIVES; TAXES; USA; WIND POWER; WIND POWER INDUSTRY
Descriptors DEC
DEVELOPED COUNTRIES; ENERGY SOURCES; INDUSTRY; NORTH AMERICA; POWER; RENEWABLE ENERGY SOURCES