Full Title: Renewable Energy in the 50 States: Midwestern Region
Author(s): ACORE
Publisher(s): ACORE
Publication Date: October 1, 2013
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Description (excerpt):
The Midwest’s remarkable renewable energy resources, vast agricultural land, strong manufacturing base, and leading research institutions have propelled the region to become a hub for renewable energy development. It is home to over a third of U.S. wind power capacity and 80% of U.S. biofuel production capacity. However, uncertainty about federal policy – like the production tax credit (PTC) and renewable fuels standard (RFS) – as well as transmission constraints could hinder Midwestern renewable energy capacity additions in the near term, with 2013 expected to yield only a fraction of the installations seen in previous years. Nevertheless, increasingly affordable project costs and state renewable energy targets will continue to drive market momentum in the region, as indicated by recent, positive signals given by renewable energy companies and utilities.