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The Incentives of Wind Power Production and Integration in US Policy
Author(s) -
Samuel S. Webster
Publication year - 2014
Publication title -
policy perspectives
Language(s) - English
Resource type - Journals
eISSN - 2377-7753
pISSN - 1085-7087
DOI - 10.4079/pp.v21i0.13350
Subject(s) - wind power , tax credit , incentive , production (economics) , business , economics , environmental economics , natural resource economics , public economics , microeconomics , engineering , electrical engineering
This paper analyzes the impact of the federal Production Tax Credit on the development of wind energy in the US. Following an analysis of the incentives these policies produce for wind energy generation and integration, this paper finds that, although the Production Tax Credit has proven effective at promoting some level of wind power development, the effectiveness of the Production Tax Credit varies by region and by itself is unlikely to achieve the deep levels of wind power penetration desired by some policymakers and the U.S. Department of Energy.

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