US Renewable Energy Policy Handbook 2018

US Renewable Energy Policy Handbook 2018

Summary

"US Renewable Energy Policy Handbook 2018 is among the latest country specific policy report 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.

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


1.1 List of Tables 5
2 Introduction 6
2.1 Renewable Energy Policy 6
2.2 GlobalData Report Guidance 6
3 Renewable Energy Policy, US 7
3.1 Overview 7
3.2 Implications of Donald Trumps Withdrawal from the Paris Climate Agreement 9
3.3 Federal Initiatives 10
3.3.1 Energy Independence and Security Act, 2007 10
3.3.2 Energy Improvement and Extension Act, 2008 10
3.3.3 Production Tax Credits 11
3.3.4 Investment Tax Credits 12
3.3.5 New renewable Energy Tax Bill 12
3.3.6 Manufacturing Tax Credit 13
3.3.7 Rural Energy for America Program: Grants 14
3.3.8 Tribal Energy Program Grant 14
3.3.9 Clean Renewable Energy Bonds 15
3.3.10 Qualified Energy Conservation Bonds 15
3.3.11 US Department of Energy - Loan Guarantee Program 15
3.3.12 Modified Accelerated Cost Recovery System 17
3.3.13 Green Power Purchasing Goal 18
3.3.14 Residential Renewable Energy Tax Credit 18
3.4 Federal Initiatives for Solar Power 21
3.4.1 Solar America Initiative 21
3.4.2 SunShot Initiative 22
3.5 Federal Initiatives for Wind Power 23
3.6 Federal Initiatives for Biopower and Biofuels 24
3.6.1 Energy Policy Act - Alternative Fuels 24
3.6.2 Biorefinery Assistance Program 24
3.6.3 Clean Air Act Amendments of 1990 25
3.7 State-Level Incentives 26
3.7.1 Overview 26
3.7.2 Renewable Portfolio Standards 26
3.7.3 Renewable Energy Certificates 27
3.7.4 Public Benefit Funds for Renewable Energy 28
3.7.5 Interconnection Standards 29
3.7.6 Net Metering 29
3.7.7 Property Assessed Clean Energy 29
3.8 Renewable Energy Policy Framework, Iowa 31
3.8.1 Financial Incentives and Policy Support for Renewable Energy Sources, Iowa 31
3.8.2 Financial Incentives and Policy Support for Solar, Iowa 33
3.8.3 Financial Incentives and Policy Support for Wind, Iowa 34
3.9 Renewable Energy Policy Framework, Minnesota 36
3.9.1 Financial Incentives and Policy Support for Renewable Energy Sources, Minnesota 36
3.9.2 Financial Incentives and Policy Support for Wind, Minnesota 39
3.9.3 Financial Incentives and Policy Support for Solar Power, Minnesota 39
3.9.4 Financial Incentives and Policy Support for Bioenergy, Minnesota 40
3.10 Renewable Energy Policy Framework, Washington 41
3.10.1 Financial Incentives and Policy Support for Renewable Energy Sources, Washington 41
3.10.2 Renewable Energy Manufacturing Program 44
3.10.3 Financial Incentives and Policy Support for Solar, Washington 44
3.11 Renewable Energy Policy Framework, Colorado 45
3.11.1 Financial Incentives and Policy Support for Renewable Energy Sources, Colorado 45
3.11.2 Sales and Use Tax Exemption for Renewable Energy Equipment 50
3.12 Renewable Energy Policy Framework, Texas 51
3.12.1 Financial Incentives and Policy Support for Renewable Energy Sources, Texas 51
3.12.2 Financial Incentives and Policy Support for Solar, Texas 55
3.12.3 Financial Incentives and Policy Support for Wind, Texas 57
3.12.4 Financial Incentives and Policy Support for Bioenergy, Texas 58
3.13 Renewable Energy Policy Framework, California 60
3.13.1 Financial Incentives and Policy Support for Renewable Energy Sources, California 60
3.13.2 Financial Incentives and Policy Support for Solar, California 69
3.13.3 Financial Incentives and Policy Support for Geothermal, California 73
3.13.4 Financial Incentives and Policy Support for Bioenergy, California 73
3.14 Renewable Energy Policy Framework, Nevada 74
3.14.1 Financial Incentives and Policy Support for Renewable Energy Sources, Nevada 74
3.15 Renewable Energy Policy Framework, New Jersey 77
3.15.1 Financial Incentives and Policy Support for Renewable Energy Sources, New Jersey 77
3.15.2 Financial Incentives and Policy Support for Solar, New Jersey 82
3.16 Renewable Energy Policy Framework, Oklahoma 85
3.16.1 Financial Incentives and Policy Support for Renewable Energy Sources, Oklahoma 85
3.17 Renewable Energy Policy Framework, Illinois 87
3.17.1 Financial Incentives and Policy Support for Renewable Energy Sources, Illinois 87
3.18 Renewable Energy Policy Framework, North Carolina 94
3.18.1 Financial Incentives and Policy Support for Renewable Energy Sources, North Carolina 94
3.19 Renewable Energy Policy Framework, New York 99
3.19.1 Financial Incentives and Policy Support for Renewable Energy Sources, New York 99
3.20 Renewable Energy Policy Framework, Arizona 105
3.20.1 Financial Incentives and Policy Support for Renewable Energy Sources, Arizona 105
4 Appendix 110
4.1 Market Definitions 110
4.1.1 Power 110
4.1.2 Installed Capacity 110
4.1.3 Electricity Generation 110
4.1.4 Electricity Consumption 110
4.1.5 Renewable Energy Resources 110
4.2 Abbreviations 111
4.3 Bibliography 113
4.4 Methodology 113
4.5 Coverage 113
4.5.1 Secondary Research 114
4.5.2 Primary Research 114
4.5.3 Modeling and Forecasting 115
4.6 Contact Us 115
4.7 Disclaimer 115

List Of Tables

1.1 List of Tables
Table 1: Renewable Energy Market, US, Production Tax Credit ($/kWh), 2016 11
Table 2: Renewable Energy Market, US, Investment Tax Credit 12
Table 3: Renewable Energy Market, US, Green Power Purchasing Goal (%), 2018-2025 18
Table 4: Renewable Power, US, Renewable Portfolio Standards, State Targets 26
Table 5: Renewable Power, Minnesota, Solar Power Incentives ($/kWh), 2016 39
Table 6: Renewable Energy Market, Washington, Member-Owned Renewable Energy Program Rate ($/kWh), 2010-2017 42
Table 7: Renewable Energy Market, Colorado, Capital Cost Threshold Rates 48
Table 8: Renewable Energy Market, Texas, Rebates for Energy Efficiency Products ($/unit) 54
Table 9: Renewable Energy, Feed-in Tariffs, Marin County - California 62
Table 10: Renewable Energy, Feed-in Tariffs, Los Angeles - California, 2016 63
Table 10: Renewable Energy, Feed-in Tariff Multiplier, Los Angeles - California, 2016 63
Table 12: Renewable Energy, Electric Energy Reduction Standard (TWh), California, 2012-2024 67
Table 13: Renewable Energy, Annual Electric Demand Reduction Standard (MW), California, 2012-2024 67
Table 14: Renewable Energy, ReMAT Tariffs ($/MWh), California 68
Table 15: Renewable Energy Market, California, Go Solar Campaign Program Components, 2007-2016 69
Table 16: Renewable Energy Market, California, California Solar Initiative Program Budget ($m), 2007-2016 69
Table 17: Renewable Energy Market, California, California Solar Initiative Rebate Levels by Incentive Step and Rebate Type, 2012 70
Table 18: Renewable Energy Market, California, California Solar Initiative, Details by Incentive Type, 2013 70
Table 19: Solar Alternative Compliance Payment ($/MWh), New Jersey, 2008-2028 83
Table 20: Renewable Energy Market, Oklahoma, Production Tax Credit ($/kWh), 2007-2021 85
Table 21: Renewable Energy Market, Illinois, Requirements and Carve-outs for Various Technologies for Investor-owned Utilities (%), 2009-2026 89
Table 22: Renewable Energy Market, Illinois, Requirements and Carve-outs for Various Technologies for Alternate Renewable Electricity Suppliers (%), 2009-2026 90
Table 23: Renewable Energy Market, Arizona, Compliance Schedule 107
Table 24: Abbreviations 111

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