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Solar, wind to lead US power generation growth for the next 2 years

Baua Electric

The US Energy Information Administration (EIA) forecasts that solar and wind will lead US power generation growth for the next two years in its latest Short-Term Energy Outlook. The EIA also expects wind power generation to grow 11% from 430 billion kWh in 2023 to 476 billion kWh in 2025. Get started here. –ad*

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This utility in the US Midwest is going to add 3.6 GW of wind and solar

Baua Electric

Photo: Xcel Energy Xcel Energy just announced its big solar and wind plans in the US Midwest – here’s the lowdown. gigawatts (GW) of new wind and solar into the mix in the Midwest. However, the utility says it’s still on track to close all its coal plants by 2030. GW of wind and solar appeared first on Bauaelectric Auto News.

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Senate version of “Fiscal Cliff” legislation includes 12 energy tax extenders; boost for algae

Green Car Congress

The amended bill, now called the “American Taxpayer Relief Act of 2012” and next to be considered by the House, contains 12 extensions outlined in Title IV of the bill, ranging from extension of production credits for Indian coal facilities to benefits for alternative fuels (including algal biofuels) and plug-in vehicles.

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Australia PM Gillard announces carbon pricing plan; transport fuels exempt, but lowered fuel tax credits to bring carbon price to some businesses

Green Car Congress

However, where applicable, an equivalent carbon price will be applied through changes in fuel tax credits or excise. More than 50% of the funds raised from the carbon price will be used to fund tax cuts, pension increases and higher family payments. —Prime Minister Gillard.

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Study Finds that US Subsidies for Fossil Fuels Are Almost 2.5x Those for Renewables

Green Car Congress

billion went to traditional sources—such as coal and oil—and $2.3 billion went to carbon capture and storage, which is designed to reduce greenhouse gas emissions from coal-fired power plants. The vast majority of subsidy dollars to fossil fuels can be attributed to just a handful of tax breaks, such as the Foreign Tax Credit ($15.3

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EPRI assesses status of 8 key power generation technologies for US; estimates of capital cost and levelized cost of electricity

Green Car Congress

The report does not include tax credits and loan guarantees in the estimates of capital and LCOE, with the exception of accelerated depreciation under the US Internal Revenue Service Modified Accelerated Capital Recovery System (MACRS). emissions capture and storage, new emissions controls regulations, and increasing capital costs.

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The Complex Calculus of Clean Energy and Zero Emissions

Cars That Think

government was going to try a whole bunch of different government interventions—incentive programs, tax credits, grants, infrastructure investments—to bend the trajectory of our energy transition. What was the maximum share of wind that we could have in the system without blowing it up—5 percent or 20 percent or 30 percent?

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