The Minnesota Department of Commerce Office of Energy Security (OES) requests proposals from Minnesota school districts and local governments for the Local Government Renewable Energy Grant Program funded by the American Reinvestment and Recovery Act of 2009 and authorized by Laws of Minnesota 2009, Chapter 138, Article 3, Section 5. Grants will be awarded competitively to eligible school districts and local governments for the following technologies and amounts:
Washington, D.C., May 4, 2010 - Agriculture Secretary Tom Vilsack today announced that USDA is seeking applications to increase the production and use of renewable energy sources. Funding is available from four USDA Rural Development renewable energy programs authorized by the Food, Conservation, and Energy Act of 2008 (Farm Bill). USDA is accepting applications for grants and loan guarantees in the Rural Energy for America Program (REAP) until June 30, 2010.
The Environmental Law & Policy Center has published an updated version of the Community Wind Financing Handbook. This guide reflects new financing opportunities available from federal energy and economic stimulus legislation, the new Farm Bill, and state incentives.
Washington DC — The U.S. Department of Energy (DOE) has announced it will provide up to $750 million in funding from the American Recovery and Reinvestment Act to help accelerate the development of renewable energy generation projects. This funding will cover the cost of loan guarantees which could support as much as $4 to 8 billion in lending to eligible projects, and the Department will invite private sector participation to accelerate the financing of these renewable energy projects.
Washington, D.C. - The U.S. Treasury Department has announced the second round of awards for cash assistance to energy producers in place of tax credits. This provides provides an additional $550 million, bringing the total to more than $1 billion awarded to dateto companies committed to investing in domestic renewable energyproduction.
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The U.S. Department Of Energy webinar "Meeting the National Environmental Policy Act (NEPA) Requirements in the Application", will be held on September 23, 2009 at 11:00 pm EST and will explain the intent of NEPA, its applicability to the DOE Loan Guarantee Program, most significant concerns, and the type of data needed to support the NEPA section of the application.
Learn how wind energy incentives from the February 2009 American Reinvestment and Recovery Act (ARRA) will allow the industry to continue to grow during an economic downturn and will create new ways of financing wind projects at the AWEA Finance & Investment Workshop. This one day workshop will offer a first look at financing projects under these new programs, including the U.S. Treasury grant program and U.S. Department of Energy Loan Guarantee program.
2009: Duluth, MN - The Arrowhead Regional Development Commission (ARDC) and the Northland Foundation have partnered to provide a revolving loan fund that will provide early-stage project development and feasibility analysis for community-based wind energy projects. The revolving loan fund will be available in Aitkin, Carlton, Cook, Itasca, Koochiching, Lake and St. Louis counties.
The National Renewable Energy Laboratory (NREL) has published a report analyzing the impacts that state level feed-in tariff policies can have on the renewable energy industry across the country. The report uses data and reports from around the world to highlight the various benefits that a feed-in tariff type of policy can have on renewable energy development.
A feed-in tariff is an energy policy that provides for a guarantee of payment to renewable energy developers for the energy that is produced. This type of policy can be thought of as an advanced form of a production-based incentive because payments are made for the actual electricity produced and not for how much capacity is installed. The most common feed-in tariff payment is based on the actual levelized cost of renewable energy generation. This method of payment provides a price adequate to ensure a reasonable rate of return on for investors.
The authors of the report delve into the various advantages of feed-in tariff policies and the number of challenges to implementing feed-in tariff policies in the U.S. The report also provides a review of the current state-level and utility-level feed-in tariff policies that are currently in place across the county and compares them with the successful models found in Europe. These states include Gainesville, Florida; various Wisconsin utilities; California; Vermont (report was written prior to passage of the state-wide feed-in tariff so this analysis focuses on the two utility-specific programs); Washington; and Oregon. The authors wrap up the report with a discussion of best practices for feed-in tariff policy design and implementation, followed by an analysis on how to use a feed-in tariff policy to achieve state renewable energy goals.
The authors highlight one of the most important elements of a feed-in tariff policy - that it allows for more participants in renewable energy project development. In their analysis the authors state that there are significant impacts of a feed-in tariff on developing community ownership, but it will depend on how the program is structured and payments determined.
Lawrence Berkely National Laboratory (LBNL) and the National Renewable Energy Laboratory (NREL) have released a combined report that may help wind project developers understand which federal incentives will be most economical: PTC, ITC, or Cash Grant? An Analysis of the Choice Facing Renewable Power Projects in the United States.