California Energy Journal

California Energy Journal

Renewables

Will California Offshore Wind Projects Qualify for New ITC?

Jul 19, 2022
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With initial advancements in wind energy off the coast of California, an investment tax credit (ITC) specific to offshore wind projects could prove a significant incentive to begin wind projects before 2026. The technical, economic, and political challenges of developing a wind energy project off the California coast, however, could delay projects beyon…

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