in News Departments > New & Noteworthy
print the content item

Gov. John Hoeven, R-N.D., North Dakota House Majority Leader Rick Berg and Senate Majority Leader Bob Stenehjem recently met to detail a comprehensive $43.5 million Renewable Energy Plan. Legislators in both houses are working to fund an inclusive package of programs to promote renewable energy aimed at supporting the national goal of generating 25% of the nation's energy from renewable sources and doubling the state's energy output from all sources by the year 2025.

Included in the plan is House Bill 1317, a property tax reduction for wind generation units from 3% to 1.5% of assessed value. In addition, House Bill 1127 is proposed to encourage new wind farm development by providing flexibility for the Transmission Authority to build new power transmission lines.

"These initiatives will both expand renewable energy development in North Dakota and link those new industries with traditional industries to lift all of our resources together," says Hoeven. "We're the sixth-largest energy producing and exporting state in the country, and this plan will help build on our position of leadership to create more opportunities for our citizens and achieve greater energy independence for our nation."

Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Recapping The Wind Industry's Third-Quarter Deals

Mercom Capital Group recaps investment and merger and acquisition activity during July, August and September.


Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.


Could Initial Offshore Wind Projects Crash New England's REC Market?

Some are concerned that the first offshore wind projects could negatively impact pricing of renewable energy credits (RECs) in New England.


Catching Up With The DOE's Down-Select Offshore Winners

The three recipients of key U.S. Department of Energy (DOE) funding provide updates on their offshore wind demonstration projects.

Canwea_id1984
Renewable NRG_id1934
Hybrid Energy Innovations 2015