Growth of the US renewable energy sector has been led by the state-level Renewable Portfolio Standard (RPS) and other tax incentives and subsidies. It places an obligation on power producers to supply a specific percentage of their power from renewable energy sources. Production Tax Credit (PTC) and Investment Tax Credit (ITC) were instrumental in renewable power development, especially for wind and solar power. Some states in the US have also introduced Feed-in Tariff (FiT) schemes, which have been very successful in promoting the renewable energy industry, making the US a leader in solar and wind energy. In Canada, the government is using ecoEnergy and FiTs to develop the renewable energy sector and promote renewables.
North and South America Renewable Energy Policy Handbook 2015 report presents an in-depth analysis of the renewable energy policies across the major countries in North and South America.
The report includes:
- Policy measures and incentives used by the major countries in the region to promote renewable energy
- Promotional measures in different countries, for the overall renewable energy industry and for specific renewable energy technologies namely solar, wind, geothermal, hydro and bioenergy
- A platform for comparison of various renewable energy policies across countries. Major countries include the US, Canada, Argentina, Brazil and Mexico
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