Driving Investment in Wind Energy: An Introduction to Incentives and the Inflation Reduction Act [Slides]
- National Renewable Energy Laboratory (NREL), Golden, CO (United States)
- North Carolina Clean Energy Technology Center, Raleigh, NC (United States)
In a webinar hosted by the U.S. Department of Energy's WINDExchange initiative, experts from the North Carolina Clean Energy Technology Center and the National Renewable Energy Laboratory introduce attendees to the key incentives supporting investment in wind energy deployment and manufacturing in the United States, as well as the role that the Inflation Reduction Act (IRA) plays in shaping those investments. Over the past few decades, incentives like the production tax credit and investment tax credit have supported the growth of wind energy deployment, while manufacturing-related incentives have helped scale up domestic manufacturing of wind energy components. With its passage in 2022, the IRA ushered in a new wave of investment in wind energy and other renewable technologies, as well as introducing new workforce requirements and equity provisions. This presentation explores the history and impact of major incentives, unpacks some of the complex provisions of the IRA, and highlights the ways federal incentives and policies will continue to shape the wind energy industry.
- Research Organization:
- National Renewable Energy Laboratory (NREL), Golden, CO (United States)
- Sponsoring Organization:
- USDOE Office of Energy Efficiency and Renewable Energy (EERE), Renewable Power Office. Wind Energy Technologies Office
- DOE Contract Number:
- AC36-08GO28308
- OSTI ID:
- 2472898
- Report Number(s):
- NREL/PR--5000-90848; MainId:92626; UUID:a8f3180d-345d-4cf2-a556-86c1a509f937; MainAdminId:73997
- Country of Publication:
- United States
- Language:
- English
Similar Records
Modeling tax credit incentives for business investment in selected energy conservation and production technologies
Evaluating Impacts of the Inflation Reduction Act and Bipartisan Infrastructure Law on the U.S. Power System