By Martha Stoddard / World-Herald Bureau
State Sen. Jeremy Nordquist of Omaha, who introduced LB 423, expressed disappointment about the outcome of the vote.
“This was a decision today that’s going to have negative consequences long-term for the state,” he said. “It’s a decision that my daughter’s generation is going to be paying the cost for.”
The tax credits would have allowed Nebraska to take advantage of rapid changes in the energy industry, Nordquist said. Utilities are in the process of closing dozens of coal-fired power plants and will be looking to invest in clean-energy projects.
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Nebraska wind PTC bill dies at hands of filibuster, by Gavin Bade, Utility Dive
Dive Insight: Despite having some of the best wind energy resources in the nation, Nebraska ranks 18th in terms of installed wind capacity, with 812 MW at the end of 2014. Just to the east, Iowa has more than 5,100 MW installed, thanks in part to its state production tax credit of $0.015 per kWh.
However, Nebraska did add 272 MW of wind last year, the fifth highest in the U.S. That 51.9% increase made it the fastest growing wind energy state of 2014. Backers of the state tax credit, led by bill sponsor Sen. Jeremy Nordquist, hoped to build on that success and catapult Nebraska into a leadership role on wind energy. Nordquist said he was disappointed they couldn’t break the deadlock.
Wind energy development bill blocked, by Don Walton, Lincoln Journal Star
Excerpt: Although the focus of the debate was on wind energy, Sen. Matt Williams of Gothenburg reminded the Legislature that the tax credits also would stimulate development of solar power. Both Gothenburg and Lexington have such projects “on the verge of moving forward,” he said.
Solar power facility eyes Kearney for its $20M operation, by Ashley White, Kearney Hub Staff Writer