Renewable energy credit (REC) prices were recorded as of 4/18/2018. The Wind production tax credit (PTC) was $23.75/MWh in 2017, converted to pretax using 1/(1-21%), escalated 2% per year for 10 years, and levelized over 25 years at 8% weighted average cost of capital (WACC). The Solar investment tax credit (ITC) is calculated at 30% ITC, $2000/kw capital, 20-year life, 18% capacity factor, and 8% WACC. Maryland offshore wind subsidies are based on Maryland Public Service Commission Order 5/11/2017, with a PTC 20% step-down. Zero Emission Credit (ZEC) is a credit provided to select nuclear plants for their zero carbon attributes.

Authors

• Person: Not available Organization: ClearPath
  Clean Energy Solutions Must Include Nuclear | ClearPath

Sources

• Clean Energy Solutions Must Include Nuclear | ClearPath clearpath.org ClearPath via serper

Referenced by nodes (2)

• Renewable Energy Certificates concept
• Maryland location