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Energy Briefs: Tax bill saves green tax credits / Nat gas price / More

December 20,2017

Tax bill saves green tax credits

From Inside Climate News

Screen Shot 2017-12-20 at 3.34.51 PMThe booming renewable energy industry breathed a wary sigh of relief as Congress voted this week on a sweeping tax bill that ended up preserving critical tax credits for wind energy, solar power and electric vehicles, though the industry still has concerns about other provisions.
As lawmakers worked over the past week to resolve issues between the House and Senate versions of the bill, the clean energy industry kept a keen eye out for details of the legislation, including provisions from the original House bill that would have weakened or eliminated the tax credits for renewables.
By rejecting that approach, Republicans sent a message that they won’t back attempts to kneecap ongoing growth in renewables, despite pressure from the oil and gas industry to scale back incentives for clean energy. The credits have stoked growth in wind and solar, which for the first time this year provided 10 percent of the country’s electricity, while jobs in clean energy are among the fastest growing in the country.

US energy intensity decreases
Source EIA

The energy intensity of U.S. manufacturing continued to decrease, according to data released today from the U.S. Energy Information Administration’s (EIA) Manufacturing Energy Consumption Survey (MECS). From 2010 to 2014, manufacturing fuel consumption rose 4.7%, while real gross output increased at 9.6%—or more than twice that rate—resulting in a 4.4% decrease in energy intensity.

Nat gas prices keep dropping on oversupply

Screen Shot 2017-12-20 at 2.51.44 PMThe shale revolution actually started with natural gas production, which turned upward in about 2006. Oil production began to rise in 2009, but along with it came associated natural gas. Just as the surge of shale oil production contributed to the collapse of oil prices, the surge of natural gas production – both from dedicated natural gas drilling and from associated gas production – collapsed natural gas prices.

Edwards AF Base to get 600MW solar project

A developer is requesting a franchise agreement with the County of Kern to facilitate the construction, and operation of an up to 3,500 acres 600 MW solar facility. The project would be supported by a 230-kV overhead/underground transmission corridor.
The project’s permanent facilities would include up to 2 million solar panels, service roads, security fencing, a power collection system, battery storage, communication cables, overhead and underground transmission lines, electrical switchyards, a substation, and an operations and maintenance facility.

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