Possible PTC Extension
From Renewable Energy Access:
By a vote of 15-5, the U.S. Senate Finance Committee approved an updated package of energy tax incentives yesterday, which contains a five- year extension of the tax credit for the production of electricity from wind, geothermal, biomass and other renewable energy resources.
As a project developer, this would be welcome news indeed if it becomes law. Today at REFF, US Secretary of Energy Sam Bodman, repeatedly stated “Government needs to support private industry in renewables with a stable and secure policy” which included predictable production tax credits.
