Washington, D.C., United States [RenewableEnergyWorld.com] The Biomass Thermal Energy Council (BTEC) has come out in support of Senator Ron Wyden (D-OR) for introducing the Renewable Energy Alternative Production Act (S.1094). Also known as the REAP Act, this legislation would amend Section 45 of the Internal Revenue Code to allow production tax credits for non-electric renewable energy.
Thermal energy accounts for roughly one-third of the energy used today in the United States. Renewable biomass resources can help meet the demand for thermal energy by providing heating for businesses and homes as well as heat for industrial processes. By amending the existing tax credits to include non-electric forms of renewable energy, the REAP Act would incentivize the production of biomass for thermal uses.
“Electricity is only one piece of the energy puzzle,” said Jeffrey Serfass, executive director of the Biomass Thermal Energy Council (BTEC). “We commend Senator Wyden’s leadership in recognizing the importance of addressing every element of our nation’s energy portfolio. It represents a major step forward in BTEC’s efforts to gain equal consideration for renewable thermal energy with policies already established to encourage renewable electricity and biofuels.”