[ exact phrase in "" ]

[ including uploaded files ]

ISSUES/LOCATIONS

List all documents, ordered…

By Title

By Author

View PDF, DOC, PPT, and XLS files on line

WHAT TO DO
when your community is targeted

Get weekly updates
RSS

RSS feeds and more

Keep Wind Watch online and independent!

Donate via Stripe

Donate via Paypal

RSS

Add NWW documents to your site (click here)

Wind Watch is a registered educational charity, founded in 2005.

Direct Federal Financial Interventions and Subsidies in Energy in Fiscal Year 2016 

Author:  | U.S.

“Most current federal subsidies support developing renewable energy supplies (primarily biofuels, wind, and solar) and reducing energy consumption through energy efficiency. In FY 2016, nearly half (45%) of federal energy subsidies were associated with renewable energy, and 42% were associated with energy end uses. Table 4 shows a more detailed distribution of renewable energy-related federal support. …

“In FY 2016, tax code provisions were the largest source of direct federal financial interventions and subsidies in energy markets, following a period of higher federal direct expenditures resulting from ARRA programs and funding. The federal tax code—with 36 wide-ranging, energy-specific tax provisions (Table 5)—provided greater financial support to energy in FY 2016 than direct expenditures and R&D support. This reversal from FY 2013 is best captured by the temporary ARRA Section 1603-grant program to allow an investment tax credit (ITC)5 in lieu of the renewable energy production tax credit (PTC).6 In FY 2013, this ITC grant program pushed the direct expenditure category above estimated tax expenditures in absolute dollar terms.7 In FY 2016, the ITC grant program had largely ended, and tax expenditures (in total) regained their dominance, with tax provisions representing 59% of the total (Table 3).”

In FY 2016, wind received $1,266 million, or $5.75 per MWh generated. Coal received $1,262 million, or $1.04 per MWh, and natural gas net paid $773 million, or 54¢ per MWh. Nuclear received $365 million (46¢/MWh), hydro $38 million (14¢/MWh), and solar $2,231 million ($43.75/MWh).

Also see:  2007, 2010, 2013, 2022

Download original document: “Direct Federal Financial Interventions and Subsidies in Energy in Fiscal Year 2016

This material is the work of the author(s) indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this material resides with the author(s). As part of its noncommercial educational effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Queries e-mail.

Wind Watch relies entirely
on User Contributions
   Donate via Stripe
(via Stripe)
Donate via Paypal
(via Paypal)

Share:

e-mail X FB LI M TG TS G Share

Get the Facts
CONTACT DONATE PRIVACY ABOUT SEARCH
© National Wind Watch, Inc.
Use of copyrighted material adheres to Fair Use.
"Wind Watch" is a registered trademark.

 Follow:

Wind Watch on X Wind Watch on Facebook Wind Watch on Linked In

Wind Watch on Mastodon Wind Watch on Truth Social

Wind Watch on Gab Wind Watch on Bluesky