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  • Wind Production Tax Credit

    Absent Tax Credits, the Free Market Works for Wind Energy

    The wind production tax credit (PTC) expired again at the close of 2013, but Congress need not reconsider it. Although new power capacity installations were 92 percent below their 2012 levels, the wind industry still added 1,084 megawatts (MW) to existing production in 2013. American Wind Energy Association CEO Tom … More

    Subsidies and Taxes Complicate the Future of Nuclear Power

    Rising maintenance costs and a sharp decrease in natural gas prices have put the future of some nuclear power plants into question. But other plants face retirement under the burden of specific taxes and anti-competitive green energy subsidies. Mark Cooper, a senior fellow at the Vermont Law School, recently published … More

    Wind Power: Only When the Wind Blows and the Subsidies Flow

    Wind turbines produce power only when the wind is blowing. But perhaps more importantly, wind production builds only when the subsidies are flowing. The wind industry is experiencing slow growth through the first half of the year and blaming uncertainty over a massive subsidy as a reason why. Alex Guillen … More

    It’s Time to Stop Picking Winners and Losers in the Energy Industry

    Representative Mike Pompeo (R–KS) hopes his new bill calling for the repeal of all energy tax credits on both conventional and renewable energy sources will level the playing field for energy producers and consumers and prevent the government from picking “winners and losers.” The Energy Freedom and Economic Prosperity Act … More

    Top Wind Utility: Wind Subsidy Benefits Industry, Not Consumers

    The biggest wind energy purchaser in the country may sever ties with the industry’s largest trade group in the wake of a bitter fight to sustain subsidies for wind energy producers that, the company says, benefit producers at the expense of utilities and electricity consumers. Xcel Energy, which had the … More

    Why Wind Power Has Low Economic Value

    Michael Goggin, manager of transmission policy at the American Wind Energy Association (AWEA), posted a second response to my report “Wind Intermittency and the Production Tax Credit: A High Cost Subsidy for Low Value Power.” As before, Goggin does not respond to my analysis, leaving my main point unanswered. In … More

    Blowing More Taxpayer Money for Offshore Wind

    Much of the debate over wind subsidies this past year has been over the extension of the wind production tax credit. But even if the subsidy expires at the end of the year (as it is supposed to), that does not mean all wind subsidies are disappearing, even though they … More

    7 Myths About the Wind Production Tax Credit

    The wind production tax credit (PTC) has created an industry that produces overpriced, intermittent power, and it will continue to produce overpriced, intermittent power so as long as there is a PTC to pay for it. Here are the top seven myths associated with the PTC: Myth #1: Wind power … More

    Time to Remove the Taxpayer Trough from Wind Producers

    The meal provided by the taxpayer is over. When pigs finish eating the slop that a farmer put in the trough, they’ll hang around the trough waiting for more food, but the farmer doesn’t cave. That meal is over, and the farmer promised no more food than what he put … More

    Changing the Definition of "All of the Above" Energy Policy

    The Heritage Foundation has been making the case against energy subsidies for years. This research eventually led to a letter written in March 2011 by our sister organization, Heritage Action for America, and signed by numerous other organizations calling for the dismantling of energy subsidies. Up until then, both Republicans … More