Search results
Results from the WOW.Com Content Network
The American Recovery and Reinvestment Act of 2009 ( ARRA) ( Pub. L. 111–5 (text) (PDF) ), nicknamed the Recovery Act, was a stimulus package enacted by the 111th U.S. Congress and signed into law by President Barack Obama in February 2009. Developed in response to the Great Recession, the primary objective of this federal statute was to save ...
Renewable energy credit. A Renewable energy credit (REC) is a certificate corresponding to the environmental attributes of energy produced from renewable sources such as wind or solar. RECs were created as a means to track progress towards and compliance with states' Renewable Portfolio Standards (RPS), meant to support a cleaner generation mix.
An enhanced geothermal system ( EGS) generates geothermal electricity without natural convective hydrothermal resources. Traditionally, geothermal power systems operated only where naturally occurring heat, water, and rock permeability are sufficient to allow energy extraction. [1]
The Business Energy Investment Tax Credit (ITC) is a U.S. federal corporate tax credit that is applicable to commercial, industrial, utility, and agricultural sectors. . Eligible technologies for the ITC are solar water heat, solar space heat, solar thermal electric, solar thermal process heat, photovoltaics, wind, biomass, geothermal electric, fuel cells, geothermal heat pumps, CHP ...
The United States is the world leader in online capacity and the generation of electricity from geothermal energy. According to 2022 state energy data, geothermal energy provided approximately 16 terawatt-hours (TWh) of electricity, or 0.37% of the total electricity consumed in the country. As of May 2007, geothermal electric power was ...
The Sonoma Calpine 3 geothermal power station of The Geysers. Geothermal energy was first used for electric power production in the United States in 1960. The Geysers in Sonoma and Lake counties, California was developed into the largest geothermal steam electrical plant in the world, at 1,517 megawatts. Other geothermal steam fields operate in ...
The Energy Policy Act of 2005 ( Pub. L. 109–58 (text) (PDF)) is a federal law signed by President George W. Bush on August 8, 2005, at Sandia National Laboratories in Albuquerque, New Mexico. The act, described by proponents as an attempt to combat growing energy problems, changed US energy policy by providing tax incentives and loan ...
In February 2009, the American Recovery and Reinvestment Act was passed, with an initial projection of $45 billion in funding levels going to energy. $11 billion went to the Weatherization Assistance Program, the Energy Efficiency and Conservation Block Grant, and the State Energy Program; $11 billion went to federal buildings and vehicles; $8 ...