Can alternate energy live without tax credits

Journal Article · Sat Jun 01 04:00:00 EDT 1985 · Electr. Light Power; (United States)

OSTI ID:5628259

Smock, R

A combination of low oil prices and the expiration of federal tax credits comes before alternative energy systems have had a big breakthrough into large-scale commercial application, either for bulk energy production or decentralized application. An overview of solar photovoltaics and solar thermal points out that whether the government decides to extend tax credits will determine if the US is to maintain its market dominance in photovoltaics or relinquish it to the Japanese. Wind generation will approach economic competitiveness as the technology advances, but will not reach that goal before the tax credits expire. Solar thermal technology is still largely supported by government research and development spending, with only a few private ventures. A drop in heliostat prices is a promising development. Distributed receiver technology has been the most popular with private investors.

• OSTI ID: 5628259
• Journal Information: Electr. Light Power; (United States), Journal Name: Electr. Light Power; (United States) Vol. 63:6; ISSN ELLPA
• Country of Publication: United States
• Language: English

Related Subjects

14 SOLAR ENERGY
140300 -- Solar Energy-- Economic
Industrial
& Business Aspects
140600* -- Solar Energy-- Photovoltaic Power Systems
140700 -- Solar Thermal Power Systems
17 WIND ENERGY
170400 -- Wind Energy-- Economic
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
299000 -- Energy Planning & Policy-- Unconventional Sources & Power Generation
COMMERCIALIZATION
DISTRIBUTED COLLECTOR POWER PLANTS
ECONOMICS
GOVERNMENT POLICIES
INVESTMENT
PHOTOVOLTAIC POWER PLANTS
POWER PLANTS
SOLAR POWER PLANTS
SOLAR THERMAL POWER PLANTS
TAX CREDITS
THERMAL POWER PLANTS
WIND POWER PLANTS