incentives
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Interview
The POWER Interview: Importance of Tax Credits and Incentives
Tax credits and incentives, also known as C&I, have long been important to support the growth of energy technologies, from oil and gas exploration to solar and wind power. Federal tax credits have lifted the U.S. renewable energy industry over the past decade, leading to rapid growth in the sector. Laurence Sotsky is the CEO […]
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Legal & Regulatory
Renewable Growth Soars, Buoyed by Distributed Generation
Nameplate renewable capacity surged to more than 2,000 GW worldwide at the end of 2016, constituting more than 28% of total generating capacity (Figure 6). Most (56%) was hydropower, followed by wind (23%), and then solar, mostly from photovoltaic (PV) at about 15%. According to the International Renewable Energy Agency (IRENA) the expansion was fueled […]
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Nuclear
Moniz: Incentives Needed to Alleviate Nuclear Power Woes
U.S. Secretary of Energy Ernest Moniz said the time will come—perhaps 10 to 15 years from now—when “nuclear power is going to have to see a substantial resurgence.” Moniz was speaking on May 19 at the “Summit on Improving the Economics of America’s Nuclear Power Plants.” He provided opening remarks, framing the challenges facing the […]