The effect of the production tax credit on wind energy production in deregulated electricity markets
Travis Roach
Economics Letters, 2015, vol. 127, issue C, 86-88
Abstract:
This letter estimates the asymmetric influence of the production tax credit on wind energy production. I find that states with deregulated electricity markets were more responsive to the tax incentive than their regulated counterparts. Excluding any external benefits from wind production, this dissimilarity amounts to a monthly difference of up to $464,450 in federal benefits.
Keywords: Wind energy; Production tax credit; Deregulation (search for similar items in EconPapers)
JEL-codes: L94 L98 Q42 Q48 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (7)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:127:y:2015:i:c:p:86-88
DOI: 10.1016/j.econlet.2014.12.017
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