Federal tax policies have been an important driver for solar’s recent remarkable growth
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From the report summary:
In this report, the authors examine California's leadership in US expansion of renewable energy electricity generation by discussing first the boom in utility-scale solar farms in California and the subsequent employment effects of having built 4
As solar PV continues to expand, utilities are increasingly conducting studies on how best to integrate these resources into the grid.
In a recent report, Lawrence Berkeley National Laboratory summarizes the Integrated Resource Plans of major Western U.S. utilities to assess their assumptions about future changes within the electricity markets they serve.
In July 2013, the CPUC issued its annual report on the progress of the California Solar Initiative, showing that the program has installed 66 percent of its total goal, with another 19 percent reserved
A recent NREL report finds that concentrating solar power systems (CSP) with thermal energy storage (TES) provide value to the grid that is $30/MWh to $51/MWh higher than conventional base load generation. The analysis focused on grid performance in California under a 33% renewable scenario.
To stimulate investment in renewable energy generation projects, the federal government developed a series of support structures that reduce taxes for eligible investors--the investment tax credit, the production tax credit, and accelerated depre
Utility-scale solar projects have grown rapidly in number and size over the last few years, driven in part by strong renewable portfolio standards (RPS) and federal incentives designed to stimulate investment in renewable energy technologies.