1 Table of Contents
1 Table of Contents 2
1.1 List of Tables 5
2 Introduction 6
2.1 Renewable Energy Policy 6
2.2 GlobalData Report Guidance 6
3 Renewable Energy Policy, US 7
3.1 Overview 7
3.2 Federal Initiatives 8
3.2.1 Energy Independence and Security Act, 2007 8
3.2.2 Energy Improvement and Extension Act, 2008 9
3.2.3 Production Tax Credits 9
3.2.4 Investment Tax Credits 10
3.2.5 Manufacturing Tax Credit 11
3.2.6 Rural Energy for America Program: Grants 12
3.2.7 Tribal Energy Program Grant 12
3.2.8 Clean Renewable Energy Bonds 12
3.2.9 Qualified Energy Conservation Bonds 13
3.2.10 US Department of Energy - Loan Guarantee Program 13
3.2.11 Modified Accelerated Cost Recovery System 14
3.2.12 Green Power Purchasing Goal 15
3.2.13 Residential Renewable Energy Tax Credit 16
3.3 Federal Initiatives for Solar Power 17
3.3.1 Solar America Initiative 17
3.3.2 SunShot Initiative 18
3.4 Federal Initiatives for Wind Power 18
3.5 Federal Initiatives for Biopower and Biofuels 19
3.5.1 Energy Policy Act - Alternative Fuels 19
3.5.2 Biorefinery Assistance Program 19
3.5.3 Clean Air Act Amendments of 1990 20
3.6 State-Level Incentives 21
3.6.1 Overview 21
3.6.2 Renewable Portfolio Standards 21
3.6.3 Renewable Energy Certificates 23
3.6.4 Public Benefits Funds for Renewable Energy 23
3.6.5 Interconnection Standards 24
3.6.6 Net Metering 24
3.6.7 Property Assessed Clean Energy 24
3.7 Renewable Energy Policy Framework, Iowa 26
3.7.1 Financial Incentives and Policy Support for Renewable Energy Sources, Iowa 26
3.7.2 Financial Incentives and Policy Support for Solar, Iowa 28
3.7.3 Financial Incentives and Policy Support for Wind, Iowa 28
3.8 Renewable Energy Policy Framework, Minnesota 30
3.8.1 Financial Incentives and Policy Support for Renewable Energy Sources, Minnesota 30
3.8.2 Financial Incentives and Policy Support for Wind, Minnesota 32
3.8.3 Financial Incentives and Policy Support for Solar Power, Minnesota 32
3.8.4 Financial Incentives and Policy Support for Hydropower, Minnesota 33
3.8.5 Financial Incentives and Policy Support for Bioenergy, Minnesota 33
3.9 Renewable Energy Policy Framework, Washington 34
3.9.1 Financial Incentives and Policy Support for Renewable Energy Sources, Washington 34
3.9.2 Renewable Energy Manufacturing Program 37
3.9.3 Financial Incentives and Policy Support for Solar, Washington 37
3.10 Renewable Energy Policy Framework, Colorado 38
3.10.1 Financial Incentives and Policy Support for Renewable Energy Sources, Colorado 38
3.10.2 Sales and Use Tax Exemption for Renewable Energy Equipment 42
3.11 Renewable Energy Policy Framework, Texas 44
3.11.1 Financial Incentives and Policy Support for Renewable Energy Sources, Texas 44
3.11.2 Financial Incentives and Policy Support for Solar, Texas 47
3.11.3 Financial Incentives and Policy Support for Wind, Texas 50
3.11.4 Financial Incentives and Policy Support for Bioenergy, Texas 51
3.12 Renewable Energy Policy Framework, California 51
3.12.1 Financial Incentives and Policy Support for Renewable Energy Sources, California 51
3.12.2 Financial Incentives and Policy Support for Solar, California 58
3.12.3 Financial Incentives and Policy Support for Wind, California 62
3.12.4 Financial Incentives and Policy Support for Hydropower, California 63
3.12.5 Financial Incentives and Policy Support for Geothermal, California 63
3.12.6 Financial Incentives and Policy Support for Bioenergy, California 63
3.13 Renewable Energy Policy Framework, Nevada 64
3.13.1 Financial Incentives and Policy Support for Renewable Energy Sources, Nevada 64
3.14 Renewable Energy Policy Framework, New Jersey 67
3.14.1 Financial Incentives and Policy Support for Renewable Energy Sources, New Jersey 67
3.14.2 Financial Incentives and Policy Support for Solar, New Jersey 71
3.15 Renewable Energy Policy Framework, Oklahoma 74
3.15.1 Net Metering and Interconnection Guidelines 74
3.15.2 Zero-Emission Facilities Production Tax Credit 74
3.15.3 Wind Development Updates 75
3.15.4 Property Tax Exemption for Wind Power Generators 76
3.16 Renewable Energy Policy Framework, Illinois 77
3.16.1 Future Energy Jobs Bill 77
3.16.2 Renewable Portfolio Standard 78
3.16.3 Net Metering and Interconnection 80
3.16.4 Solar and Wind Energy Rebate Program 80
3.16.5 Large Distributed Solar and Wind Grant Program 81
3.16.6 Biogas and Biomass to Energy Grant Program 81
3.16.7 Illinois Solar Renewable Energy Credits (SREC) 81
4 Appendix 82
4.1 Market Definitions 82
4.1.1 Power 82
4.1.2 Installed Capacity 82
4.1.3 Electricity Generation 82
4.1.4 Electricity Consumption 82
4.1.5 Thermal Power Plant 82
4.1.6 Hydropower Plant 82
4.1.7 Nuclear Power 82
4.1.8 Renewable Energy Resources 82
4.2 Abbreviations 83
4.3 Bibliography 85
4.4 Methodology 85
4.5 Coverage 85
4.5.1 Secondary Research 85
4.5.2 Primary Research 86
4.5.3 Modeling and Forecasting 86
4.6 Contact Us 87
4.7 Disclaimer 87

1.1 List of Tables
Table 1: Renewable Energy Market, US, Production Tax Credit ($/kWh), 2016 10
Table 2: Renewable Energy Market, US, Investment Tax Credit, 2016 11
Table 3: Renewable Energy Market, US, Green Power Purchasing Goal (%), 2016-2025 15
Table 4: Renewable Power, US, Renewable Portfolio Standards, State Targets, 2016 21
Table 5: Renewable Power, Minnesota, Solar Power Incentives ($/kWh), 2016 33
Table 6: Renewable Energy Market, Washington, Member-Owned Renewable Energy Program Rate ($/kWh), 2010-2017 35
Table 7: Renewable Energy Market, Colorado, Capital Cost Threshold Rates, 2014 41
Table 8: Renewable Energy Market, Texas, Rebates for Energy Efficiency Products ($/unit), 2017 47
Table 9: Renewable Energy, Feed-in Tariffs, Marin County - California, 2016 53
Table 10: Renewable Energy, Feed-in Tariffs, Los Angeles - California, 2016 54
Table 11: Renewable Energy, Feed-in Tariff Multiplier, Los Angeles - California, 2016 54
Table 12: Renewable Energy, Electric Energy Reduction Standard (TWh), California, 2012-2024 57
Table 13: Renewable Energy, Annual Electric Demand Reduction Standard (MW), California, 2012-2024 57
Table 14: Renewable Energy, ReMAT Tariffs ($/MWh), California, 2017 58
Table 15: Renewable Energy Market, California, Go Solar Campaign Program Components, 2007-2016 59
Table 16: Renewable Energy Market, California, California Solar Initiative Program Budget ($m), 2007-2016 59
Table 17: Renewable Energy Market, California, California Solar Initiative Rebate Levels by Incentive Step and Rebate Type, 2012 60
Table 18: Renewable Energy Market, California, California Solar Initiative, Details by Incentive Type, 2013 60
Table 19: Solar Alternative Compliance Payment ($/MWh), New Jersey, 2008-2016 72
Table 20: Renewable Energy Market, Oklahoma, Production Tax Credit ($/kWh), 2007-2021 74
Table 21: Renewable Energy Market, Illinois, Requirements and Carve-outs for Various Technologies for Investor-owned Utilities (%), 2009-2026 79
Table 22: Renewable Energy Market, Illinois, Requirements and Carve-outs for Various Technologies for Alternate Renewable Electricity Suppliers (%), 2009-2026 79
Table 23: Abbreviations 83