U.S. Department of Energy Office of Energy Efficiency and Renewable Energy U.S. Department of Energy Energy Efficiency and Renewable Energy
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New NREL Study Examines Production Tax Credit Implications

New NREL Study Examines Production Tax Credit Implications

Date: 4/21/2014

The National Renewable Energy Laboratory (NREL) published Implications of a PTC Extension on U.S. Wind Deployment, 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."

This information was last updated on April 21, 2014