The Institute for Energy Research is a not-for-profit organization that conducts intensive research and analysis on the functions, operations, and government regulation of global energy markets.

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  • Featured Analysis
  • The Case Against the Wind PTC

  • November 25, 2014

  • IER's Case Against Wind Welfare examines the numerous flaws with the federal wind Production Tax Credit (PTC). Key findings include: The PTC is costly. A two-year extension will cost $13.35 billion, which is enough to pay 124 million Americans’ monthly electricity bills. The PTC encourages “cannibal behavior.” It allows wind producers to pay the grid to take their power and still profit. This “negative pricing” contributed to premature retirements of Dominion’s Kewaunee Nuclear Plant and Entergy’s Vermont Yankee Nuclear Plant. Americans oppose the PTC. A...
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IER's Case Against Wind Welfare examines the numerous flaws with the federal wind Production Tax Credit (PTC). Key findings include: The PTC is costly. A two-year extension will cost $13.35 billion, which is enough to pay 124 million Americans’ monthly electricity bills. The PTC encourages “cannibal behavior.” It allows wind producers to pay the grid to take their power and still profit. This “negative pricing” contributed to premature retirements of Dominion’s Kewaunee Nuclear Plant and Entergy’s Vermont Yankee Nuclear Plant. Americans oppose the PTC. A... Read More
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