American Wind Energy Association Statement on H.R. 2
Washington D.C. – The American Wind Energy Association (AWEA) today issued the following statement after House leadership introduced H.R. 2, the Moving Forward Act.
“AWEA applauds House leadership for recognizing the key role that renewable energy plays in American infrastructure development, especially as our economy strives to recover from the impacts of COVID-19. Federal credits for renewable energy sources have been a cornerstone of the immense economic and environmental benefits that wind, solar, and other clean technologies have delivered to the U.S. since they were enacted. This legislation preserves successful credits that have proven their effectiveness and puts the wind industry a step closer to tax policy parity with other energy sources. Providing direct payment for the credits is especially crucial as the wind industry works to withstand the enormous challenges caused by the COVID-19 pandemic. Modernizing the electric grid is crucial to making the entire power system more reliable and affordable, so we appreciate the legislation’s direction to FERC to improve the interregional transmission planning process. The offshore wind industry is at a critical juncture, with developers on the brink of unlocking an entirely new industry for the U.S. Offshore wind also faces additional challenges from COVID-19 and we would like to see longer-term support for its development, similar to the ITC extension through 2026 as prescribed in HR 4887 by Rep. Pascrell (D-NJ).” – Tom Kiernan, AWEA CEO.
AWEA is the national trade association for the U.S. wind industry, the largest source of renewable energy in the country. Join AWEA and #SupportOffshoreWind. The United States has a vast offshore wind energy resource with a technical potential of more than 2,000 gigawatts (GW), nearly double the nation’s current electricity use. Harnessing America’s offshore wind resources presents an enormous opportunity to create tens of thousands of jobs, revitalize coastal communities, and deliver large amounts of clean, reliable energy to the country’s biggest population centers. AWEA serves as a powerful voice for how wind works for America. Members include global leaders in wind power and energy development, turbine manufacturing, and component and service suppliers. They gather each year at the Western Hemisphere’s largest wind energy event, the AWEA WINDPOWER Conference & Exhibition, next in Indianapolis, June 7-10, 2021. WINDPOWER 2021 will be housed within CLEANPOWER, the new exhibition hub for utility-scale renewable energy, bringing together wind power, solar power, and energy storage industries. Visit AWEA’s website to learn more about the enormous economic benefits wind power brings to America and be sure to follow us on Facebook, Twitter, and LinkedIn.