in News Departments > Policy Watch
print the content item

A bipartisan wind energy amendment (S.Amdt. 4200) offered by Sens. Byron Dorgan, D-N.D. and John Thune, R-S.D., was added to the Senate budget resolution. The amendment provides the authority within the budget for Congress to extend the production tax credit (PTC) for up to five years.

"South Dakota continues to lead the country in wind potential and yet lags behind its neighbors when it comes to energy generated from that wind," says Thune. "The wind energy industry is poised to grow, but an extension of the PTC is needed to avoid the boom and bust cycles."

Thune is also the primary sponsor of the Wind Energy Development Act of 2007, which would extend the current PTC through 2012. The existing PTC incentive of 0.02 cents per kWh is scheduled to expire at the end of the year.

Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Wind Energy Dominates New U.S. Power In October

Data from the Federal Energy Regulatory Commission shows that wind power accounted for over two-thirds of the country's new electricity generating capacity in last month.


Are Fitch Ratings' Claims About Wind Farm Underperformance Unfounded?

A recent report from Fitch Ratings suggests that wind farms underperform due to an overestimation of wind resources, but AWS Truepower says the analysis misses the mark.


SunEdison Buying First Wind In $2.4 Billion Deal

Global solar company SunEdison and its yeildco have announced an agreement to buy the Boston-based developer, a major player in the U.S. wind industry.


U.S., China Reach Ambitious Climate Change Accord

The agreement between the global superpowers leans heavily on the deployment of renewable energy, such as wind and solar.


What The Midterm Elections Mean For The U.S. Wind Industry

Both chambers of Congress are now under Republican control for the first time since 2006. How will wind energy fare?

Hybrid Energy Innovations 2015
Renewable NRG_id1934