US Renewable Energy Policy Report 2017

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$500

"US Renewable Energy Policy Handbook 2017” is among the latest country specific policy reports from GlobalData, the industry analysis specialist that offers comprehensive information on major policies governing renewable energy market in the country.
The report provides the current and future renewable energy targets and plans along with the present policy framework, giving a fair idea of overall growth potential of the renewable energy industry. The report also provides major technology specific policies and incentives provided in the country.
The report is built using data and information sourced from industry associations, government websites and statutory bodies. The information is also sourced through other secondary research sources such as industry and trade magazines.

Scope

The report covers policy measures and incentives used by the US to promote renewable energy.

The report details promotional measures in the US both for the overall renewable energy industry and for specific renewable energy technologies that have potential in the country.

Key Highlights

Reasons to Buy

The report will enhance your decision making capability in a more rapid and time sensitive manner. It will allow you to:

Develop business strategies with the help of specific insights about policy decisions being taken for different renewable energy sources.

Identify opportunities and challenges in exploiting various renewable technologies.

Compare the level of support provided to different renewable energy technologies in the US.

Be ahead of competition by keeping yourself abreast of all the latest policy changes.

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Table of Contents

1 Table of Contents

1 Table of Contents 1

1.1 List of Tables 4

2 Introduction 5

2.1 Renewable Energy Policy 5

2.2 GlobalData Report Guidance 5

3 Renewable Energy Policy, US 6

3.1 Overview 6

3.2 Federal Initiatives 6

3.2.1 Energy Independence and Security Act, 2007 6

3.2.2 Energy Improvement and Extension Act, 2008 7

3.2.3 Production Tax Credits 7

3.2.4 Investment Tax Credits 8

3.2.5 Manufacturing Tax Credit 9

3.2.6 Rural Energy for America Program: Grants 10

3.2.7 Tribal Energy Program Grant 10

3.2.8 Clean Renewable Energy Bonds 10

3.2.9 Qualified Energy Conservation Bonds 11

3.2.10 US Department of Energy – Loan Guarantee Program 11

3.2.11 Modified Accelerated Cost Recovery System 12

3.2.12 Green Power Purchasing Goal 12

3.2.13 Residential Renewable Energy Tax Credit 13

3.3 Federal Initiatives for Solar Power 15

3.3.1 Solar America Initiative 15

3.3.2 SunShot Initiative 15

3.4 Federal Initiatives for Wind Power 16

3.5 Federal Initiatives for Biopower and Biofuels 16

3.5.1 Energy Policy Act – Alternative Fuels 16

3.5.2 Biorefinery Assistance Program 17

3.5.3 Clean Air Act Amendments of 1990 17

3.6 State-Level Incentives 19

3.6.1 Overview 19

3.6.2 Renewable Portfolio Standards 19

3.6.3 Renewable Energy Certificates 20

3.6.4 Public Benefits Funds for Renewable Energy 21

3.6.5 Interconnection Standards 21

3.6.6 Net Metering 22

3.6.7 Property Assessed Clean Energy 22

3.7 Renewable Energy Policy Framework, Iowa 23

3.7.1 Financial Incentives and Policy Support for Renewable Energy Sources, Iowa 23

3.7.2 Financial Incentives and Policy Support for Solar, Iowa 24

3.7.3 Financial Incentives and Policy Support for Wind, Iowa 25

3.8 Renewable Energy Policy Framework, Minnesota 26

3.8.1 Financial Incentives and Policy Support for Renewable Energy Sources, Minnesota 26

3.8.2 Financial Incentives and Policy Support for Wind, Minnesota 28

3.8.3 Financial Incentives and Policy Support for Solar Power, Minnesota 28

3.8.4 Financial Incentives and Policy Support for Hydropower, Minnesota 28

3.8.5 Financial Incentives and Policy Support for Bioenergy, Minnesota 28

3.9 Renewable Energy Policy Framework, Washington 30

3.9.1 Financial Incentives and Policy Support for Renewable Energy Sources, Washington 30

3.9.2 Renewable Energy Manufacturing Program 32

3.9.3 Financial Incentives and Policy Support for Solar, Washington 32

3.10 Renewable Energy Policy Framework, Colorado 34

3.10.1 Financial Incentives and Policy Support for Renewable Energy Sources, Colorado 34

3.10.2 Sales and Use Tax Exemption for Renewable Energy Equipment 38

3.11 Renewable Energy Policy Framework, Texas 39

3.11.1 Financial Incentives and Policy Support for Renewable Energy Sources, Texas 39

3.11.2 Financial Incentives and Policy Support for Solar, Texas 42

3.11.3 Financial Incentives and Policy Support for Wind, Texas 44

3.11.4 Financial Incentives and Policy Support for Bioenergy, Texas 44

3.12 Renewable Energy Policy Framework, California 46

3.12.1 Financial Incentives and Policy Support for Renewable Energy Sources, California 46

3.12.2 Financial Incentives and Policy Support for Solar, California 52

3.12.3 Financial Incentives and Policy Support for Wind, California 56

3.12.4 Financial Incentives and Policy Support for Hydropower, California 56

3.12.5 Financial Incentives and Policy Support for Geothermal, California 56

3.12.6 Financial Incentives and Policy Support for Bioenergy, California 57

3.13 Renewable Energy Policy Framework, Nevada 58

3.13.1 Financial Incentives and Policy Support for Renewable Energy Sources, Nevada 58

3.14 Renewable Energy Policy Framework, New Jersey 61

3.14.1 Financial Incentives and Policy Support for Renewable Energy Sources, New Jersey 61

3.14.2 Financial Incentives and Policy Support for Solar, New Jersey 64

3.15 Renewable Energy Policy Framework, Oklahoma 68

3.15.1 Net Metering and Interconnection Guidelines 68

3.15.2 Zero-Emission Facilities Production Tax Credit 68

3.15.3 Wind Development Updates 68

3.15.4 Property Tax Exemption for Wind Power Generators 69

3.16 Renewable Energy Policy Framework, Illinois 70

3.16.1 Future Energy Jobs Bill 70

3.16.2 Renewable Portfolio Standard 70

3.16.3 Net Metering and Interconnection 72

3.16.4 Solar and Wind Energy Rebate Program 72

3.16.5 Large Distributed Solar and Wind Grant Program 73

3.16.6 Biogas and Biomass to Energy Grant Program 73

3.16.7 Illinois Solar Renewable Energy Credits (SREC) 73

4 Appendix 74

4.1 Market Definitions 74

4.1.1 Power 74

4.1.2 Installed Capacity 74

4.1.3 Electricity Generation 74

4.1.4 Electricity Consumption 74

4.1.5 Thermal Power Plant 74

4.1.6 Hydropower Plant 74

4.1.7 Nuclear Power 74

4.1.8 Renewable Energy Resources 74

4.2 Abbreviations 75

4.3 Bibliography 76

4.4 Methodology 77

4.5 Coverage 77

4.5.1 Secondary Research 77

4.5.2 Primary Research 78

4.5.3 Modeling and Forecasting 78

4.6 Contact Us 78

4.7 Disclaimer 78

Table

1.1 List of Tables

Table 1: Renewable Energy Market, US, Production Tax Credit ($/kWh), 2016 8

Table 2: Renewable Energy Market, US, Investment Tax Credit, 2016 9

Table 3: Renewable Energy Market, US, Green Power Purchasing Goal (%), 2016–2025 13

Table 4: Renewable Power, US, Renewable Portfolio Standards, State Targets, 2016 19

Table 5: Renewable Power, Minnesota, Solar Power Incentives ($/kWh), 2016 28

Table 6: Renewable Energy Market, Washington, Member-Owned Renewable Energy Program Rate ($/kWh), 2010–2017 31

Table 7: Renewable Energy Market, Colorado, Capital Cost Threshold Rates, 2014 36

Table 8: Renewable Energy Market, Texas, Rebates for Energy Efficiency Products ($/unit), 2017 42

Table 9: Renewable Energy, Feed-in Tariffs, Marin County – California, 2016 47

Table 10: Renewable Energy, Feed-in Tariffs, Los Angeles – California, 2016 48

Table 11: Renewable Energy, Feed-in Tariff Multiplier, Los Angeles – California, 2016 48

Table 12: Renewable Energy, Electric Energy Reduction Standard (TWh), California, 2012–2024 51

Table 13: Renewable Energy, Annual Electric Demand Reduction Standard (MW), California, 2012–2024 51

Table 14: Renewable Energy, ReMAT Tariffs ($/MWh), California, 2017 52

Table 15: Renewable Energy Market, California, Go Solar Campaign Program Components, 2007–2016 52

Table 16: Renewable Energy Market, California, California Solar Initiative Program Budget ($m), 2007–2016 53

Table 17: Renewable Energy Market, California, California Solar Initiative Rebate Levels by Incentive Step and Rebate Type, 2012 54

Table 18: Renewable Energy Market, California, California Solar Initiative, Details by Incentive Type, 2013 54

Table 19: Solar Alternative Compliance Payment ($/MWh), New Jersey, 2008–2016 66

Table 20: Renewable Energy Market, Oklahoma, Production Tax Credit ($/kWh), 2007–2021 68

Table 21: Renewable Energy Market, Illinois, Requirements and Carve-outs for Various Technologies for Investor-owned Utilities (%), 2009–2026 71

Table 22: Renewable Energy Market, Illinois, Requirements and Carve-outs for Various Technologies for Alternate Renewable Electricity Suppliers (%), 2009–2026 72

Table 23: Abbreviations 75

Figures

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