in News Departments > Policy Watch
print the content item

Gov. Jon Huntsman, R-Utah, ceremonially signed two renewable energy bills, H.B.430 and S.B.76, at Raser Technologies Inc.'s Hatch geothermal power plant in Utah.

S.B.76 establishes the Utah Generated Renewable Energy Electricity Network Authority (UGREEN Authority), which will provide financial incentives and state support to upgrade the electrical grid, making it possible for Utah's abundant supply of geothermal, wind, solar and other renewable energy resources to be developed to help meet the nation's energy needs.

UGREEN Authority is also designed to help renewable energy projects gain appropriate transmission access to the markets where power is needed.

H.B.430 provides major tax incentives to renewable projects, including a refundable certificate up to the amount of the economic benefit realized by the state from new state revenues.

SOURCE: Raser Technologies Inc.


Trachte Inc._id1770
Latest Top Stories

Senate Passes Tax Extenders Bill With Wind PTC Extension

The legislation, which passed in the U.S. House earlier this month, will renew the critical production tax credit through the end of 2014 - giving developers only about two weeks left to start construction.


Transmission Study Shows Nebraska Could Handle A Lot More Wind Power

A new report released by the Nebraska Power Review Board finds that the state already has enough infrastructure to accommodate at least 2 GW of additional wind generation.


Can Wind Energy And Birds Coexist? Environmental Group Says Yes

The Environmental Defense Fund, a supporter of responsible wind energy development, points out ways to help mitigate impacts of turbines on birds and bats.


Another Study Finds Wind Turbines Do Not Affect Nearby Property Values

Research conducted by the University of Guelph focused on regions in Ontario, and the conclusion echoes that of previous studies.


Too Little, Too Late? U.S. House Approves Wind PTC Extension

The U.S. House of Representatives has passed a tax extenders package that would renew the wind production tax credit (PTC) and about 50 other expired tax breaks through 2014. The wind industry argues the short-term fix is virtually no fix at all.

Hybrid Energy Innovations 2015