Confused by the rhetoric on all sides of the current debate over whether or not to renew the federal renewable energy Production Tax Credit? Would you like to be able to address the issue in an informed and persuasive manner?

In May 2008, the wind energy credit (§ 476B) was significantly modified by S.F. 2405, retroactively effective for entire 2008 tax year. The IUB has issued proposed rules for implementing the changes related to eligibility and tax credit applications (Docket No. RMU-08-04).

The passage of the Next Generation Energy Act of 2007 by the Minnesota State Legislature and Tim Pawlenty requires a study of the potential for dispersed renewable generation statewide. The study consists of two parts, Phase I and Phase II, which focus on installing a total of 1200MW of new dispersed renewable energy projects with a minimal impact on the transmission grid.

Europe has a very successful feed-in tariff program for renewable energy. Under this type of program priority of interconnection to the grid is given to energy produced from renewable sources, premium rates are paid to generate a reasonable profit for investors of a renewable energy project and standardized 20-year term contracts.

2008 USDA Farm Bill

On May 22, 2008, Congress overrode the President's veto of the Food, Conservation, and Energy Act of 2008 (the "Farm Bill"). The Farm Bill is an investment in our nation's food and farm economy. It will ensure food security and promote healthier foods and local food networks, strengthen international food aid and reform commodity and farm programs, protect our natural resources and promote homegrown renewable energy.

We hear regularly from people who would like to support community wind energy development but who don't own windy land. Urban dwellers who wish they could do more to promote wind energy and who want to see wind energy development done in a way that benefits local economies will be interested in this article containing information about an intrastate public offering to Minnesota residents interested in investing in wind energy projects in Dodge, Olmsted and Mower counties.

Windustry’s Community Wind Energy 2008 was a national conference bringing economic development, agriculture and wind energy together to advance opportunities for locally-owned clean energy production. Over 400 attendees from 36 states, 4 provinces and 5 countries shared experiences and information to harness the growing momentum for new models, new policies and new projects.