Home Tag "ITC"

AWEA endorses energy storage ITC bill in Senate

Yesterday, Senators Heinrich (D-NM) and Gardner (R-CO) introduced bipartisan legislation to create an energy storage investment tax credit (ITC). It currently has 10 cosponsors representing a diverse collection of states. The legislation, labeled the Energy Storage Tax Incentive and Development Act, is a companion bill to legislation introduced by Rep. Doyle in the House last […]

House Introduces Energy Storage Tax Credit Bill

Another attempt to earn federal tax credits for stand-alone storage, and a proposal to extend an even broader set of clean energy tax incentives. Amidst a flurry of energy and climate change legislation being introduced in the Democratic-controlled U.S. House of Representatives, this week saw lawmakers reintroduce a perennial attempt to add stand-alone energy storage […]

EIA Outlook 2019: The ‘Extremely Conservative’ Case for Renewables Growth

Outside analysts see better long-term growth prospects for wind, solar and electric vehicles than the projections offered up in the government report. The U.S. Energy Information Administration last week published the federal government’s annual long-term energy outlook report. Top-level items focused on the surging production of U.S. oil and natural gas, which the EIA expects […]