Thursday, April 24, 2014

NREL Releases Wind PTC Extension Report

The National Renewable Energy Laboratory (NREL) published Implications of a PTC Extension on U.S. Wind DeploymentPDF, a report that examines the level of continuing policy support necessary to avoid significant disruption to domestic wind industry manufacturing and employment. The analysis includes a PTC expiration scenario and five conceptual designs for a PTC extension. The report concludes that "extension of the PTC at its historical level could provide the best opportunity to support deployment consistent with recent levels across a range of market conditions; it therefore could also provide the best opportunity to sustain the existing wind installation and manufacturing base at its current level."

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