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Southern Alliance head urges: Extend the PTC

Southern Alliance head urges: Extend the PTC

The Nashville Tennessean carried an op-ed Sunday from Stephen Smith, Executive Director of the Southern Alliance for Clean Energy, calling for an extension of the wind energy Production Tax Credit (PTC) to “create domestic jobs, provide clean, safe energy, and lower monthly bills.”

Regarding jobs, Smith wrote, “More than 400 facilities in 43 states are involved in wind power manufacturing — a 12-fold increase over the past six years. As the nonpartisan Congressional Research Service notes, 'Wind turbine manufacturing is at the core of the multifaceted wind power industry. Because of the use of castings, forgings, and machining, turbine manufacturing is a significant contributor to U.S. heavy manufacturing.' This is an American success story, with the PTC for wind driving it. Congress needs to extend the PTC and keep taxes stable and low on wind to keep this success story going.”

With Congress not yet acting on a PTC extension (it expires at the end of this year), as many as 1,000 manufacturing jobs at seven factories in Tennessee alone could be threatened, Smith said.

While it creates new manufacturing jobs, the PTC is also helping the wind industry provide stably priced electric power at competitive rates, Smith added, pointing to a transmission project proposed by Clean Line Energy Partners which will carry 7,000 megawatts of wind-generated electricity from the Midwest to Memphis at a cost expected to be about 5.5 cents per kilowatt-hour.

“As families and businesses struggle, it’s high time for Congress and policy makers like Sen. [Lamar] Alexander [R-Tenn.] to focus on ideas and efforts that will create jobs, support clean safe energy, and get our economy moving again.”

(The Southeast's growing prominence in the wind power supply chain will be a major focus of the WINDPOWER 2012 Conference & Exhibition, scheduled for June 3-6 in Atlanta, Ga.  Atlanta is a manufacturing hub, and holds tremendous potential to play a major role in the further expansion of wind development as a source of competitive energy for America. Atlanta’s global access, innovation, and talent create an unparalleled logistics network that could prove to be an important link in the wind industry supply chain, helping to supply demand and boost the efficiency, predictability, and consistency of wind project development in the U.S.)

Related articles:

WindTV: Missouri manufacturer grows with the wind, March 12, 2012
Oklahoma and America need wind technicians–and a PTC extension, March 8, 2012
WindTV: An American family, powered by a paycheck from wind, March 5, 2012
Salazar, citing 'race we cannot cede', backs extending PTC, March 1, 2012
Kerry, Brown win praise for bipartisan support of PTC extension, February 29, 2012
Wichita Eagle editorial blog endorses PTC extension, February 28, 2012
Daily Oklahoman: PTC extension “makes sense,” February 27, 2012
Bipartisan group of Illinois Representatives supports PTC extension, February 24, 2012
Kansas City Star backs PTC extension, praises Brownback, Moran, February 23, 2012
Bennet visits composites factory, urges PTC extension, February 23, 2012
Moran visits Siemens factory, pushes PTC extension, February 22, 2012
WindTV: PTC key to wind power manufacturing jobs, February 21, 2012
Topeka Capital-Journal: Extend the PTC, February 21, 2012
U.S. Rep. Steve King (R-IA): PTC is jobs engine conservatives should support, February 17, 2012
Bennet, Moran continue bipartisan push to extend PTC, February 16, 2012
Major U.S. consumer brands like Nike on extending the PTC: Just Do It!, February 15, 2012
Oklahoma Gov. Fallin urges conferees: Extend the PTC, February 15, 2012
Michigan worker's plea: Extend PTC, help wind power create U.S. jobs, February 13, 2012
Bipartisan letter from entire Iowa Congressional delegation urges: Extend the PTC
, February 10, 2012
Senate Energy Chairman Bingaman: Act now to save clean-energy jobs
, February 9, 2012
Bipartisan letter from Colorado Congressional delegation urges: Extend the PTC
, February 8, 2012
Republican governors push for PTC extension; Senators express support
, February 2, 2012
U.S. Chamber of Commerce joins broad range of groups endorsing PTC extension
, February 1, 2012
WindTV: Wind power drives commerce in small-town America
, January 24, 2012
Denver Post endorses PTC extension 'sooner rather than later'
, January 18, 2012
WSJ op-ed: 'Want Growth? Try Stable Tax Policy'
, January 5, 2012
Red State Energy, Red State Jobs
, November 29, 2011
Governors' letter urges prompt extension of wind tax incentive
, November 16, 2011
 

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