Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
8117955 | Renewable and Sustainable Energy Reviews | 2015 | 11 Pages |
Abstract
Using a 50-state panel dataset covering the years 1990-2011, we empirically examine the effectiveness of national and state-level policies that encourage wind energy deployment in the U.S. This study is the first to use econometric techniques to examine both the impact of the flagship federal policy - the production tax credit - and the influence of the production tax credit on the effectiveness of state-level policies. First, we show that the national production tax credit alone has been effective in promoting wind energy deployment - 1.4Â GW per year on average - in the U.S. Second, we show that production tax credit influences the effectiveness of state-level policies in promoting wind deployment. For example, in the presence of the production tax credit, mandatory green power option increases wind deployment in a state by 200Â MW per year on average. Third, we show that the array of renewable energy resources within a given state positively influences the responsiveness to state and national wind policies.
Related Topics
Physical Sciences and Engineering
Energy
Renewable Energy, Sustainability and the Environment
Authors
Gireesh Shrimali, Melissa Lynes, Joe Indvik,