Valley 25x’25 promotes sensible solutions to achieve 25 percent renewable energy in the Shenandoah Valley before 2025.

Geothermal

MLP Parity Act Could Give a Boost to Renewables Investors

U.S. Senators Chris Coons (D-Del.) and Jerry Moran (R-Kan.) have introduced legislation, S. 3275, or Master Limited Partnerships (MLP) Parity Act, which gives renewable energy projects access to a tax incentive available now only to oil, gas, and coal projects.  The act could "level the energy playing field by giving investors in renewable-energy projects access to a decades-old tax advantage now available only to investors in fossil fuel-based energy projects," they noted in their press release.  "The Master Limited Partnerships Parity Act is a straightforward, powerful tweak to the federal tax code that could  unleash significant private capital by helping additional energy-generation and renewable fuels companies form master limited partnerships, which combine the funding advantages of corporations and the tax advantages of partnerships."

Mapping Geothermal potential across the Shenandoah Valley

This Seed Research Effort fuses soil temperature data with energy usage statistics

compiled (voluntarily) and analyzed to assess the return on investment associated with geothermal heat pump (GHP) systems across the Shenandoah Valley. The clearinghouse of “geothermal success stories” (a dynamic map with links to video interviews) should catalyze the Valley’s 25x’25 efforts.

Subscribe to RSS - Geothermal