Friday, March 13, 2015

USA:

Federal Subsidies for Renewable Energy Increase, But......... (EIA)

Wind, Solar energy subsidies show big increase since 2010, but the increase for other renewables, including Geothermal, is much smaller.


Source: EIA, Direct Federal Financial Interventions and Subsidies in Energy in Fiscal Year 2013
EIA has updated a report on federal subsidies to the energy industry, covering the 2013 fiscal year (FY). The most recent prior report reviewed subsidies in FY 2010, at or near the height of spending related to the American Recovery and Reinvestment Act of 2009 (more commonly known as the Recovery Act).

Between FY 2010 and FY 2013, the total value of direct federal financial interventions and subsidies in energy markets decreased 23% from $38.0 billion to $29.3 billion dollars, reflecting changes in both the type of subsidies offered and fuels that received support.