Lack Of Tax Incentives Blocking Wind Energy Progress

By: The Associated Press Email
By: The Associated Press Email

A wind energy development company says it has almost everything lined up to build a 200-megawatt wind farm in northeast Nebraska. All it needs now are buyers of the electricity it would generate.

TradeWind Energy LLC's project would generate enough electricity to power about 60,000 homes. But David Rich of the Nebraska Public Power District says the lack of state tax incentives allows other projects in other states to dominate the market for exported power.

He says the Nebraska Legislature in 2010 approved a bill that allows private investment in wind projects for export, but proposals for incentives have not advanced.

Rich says NPPD won't lobby for an incentives bill in the upcoming session, but will watch with interest to see what related legislation is introduced.

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