Great Expectations: U.S. Wind Energy Development

The report provides recommendations for Congress and Executive Branch on onshore and offshore wind energy, including: adoption of national renewable electricity standard; development of new interstate electric transmission system infrastructure to provide access to renewable energy on-shore and offshore; support for coastal, deep water, offshore wind energy technology research and development; streamlining of permitting processes for both offshore and on-shore wind development projects; expansion of wind research, innovation, and collaboration; and, extension of Treasury Section 1603 grant program and long-term renewable energy production tax credit with provisions to broaden the pool of eligible investors.