Renewed tax incentives help Vancouver

Congress has renewed tax credits for renewable energy sources, which is good news for the Port of Vancouver.

In 2015, Congress extended its Production Tax Credit through 2020, which led to various companies that had backed away from wind energy projects to restart them. That, in turn, has led to a lot of traffic coming through the Port of Vancouver.

According to The Columbian, among the companies shipping items through the port are Siemens, Vestas, and General Electric, which are sending parts to wind farms in Eastern Oregon, North Dakota, and Illinois. The parts include the nacelles – where the parts of the turbine that produce energy are housed – the towers and the blades for the turbines. The blades are very impressive, stretching almost 200 feet. They will be carried on flatbed trucks.

The Production Tax Credit (PTC) has been very effective in encouraging investment in renewable resources, quadrupling wind power in the United States since 2008. The cost of wind power has come down as well, by 66%.

Steve Mickelson, the sales director for the port, believes that the next three to four years will enable Vancouver's port to enjoy a “successful wind business”. There are 141 wind projects in various stages of completion in the Northwest, and the Port is handling parts for 28% of these installations.

Agencies like these can benefit by working with flyer printing companies, which can create material that provides information to residents about various projects.