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Alternative Energy

Iowa is the nation's premier leader in the renewable energy industry. Iowa's strong agricultural foundation and its legacy of manufacturing excellence have positioned the state to excel in the following industries: wind energy, renewable fuels — ethanol & biodiese, biomass, and other next generation technologies.

Iowa is aggressively focused on the development of the 21st century bioeconomy in the conversion of agricultural crops, biomass and byproducts into bio-based products that produce biofuels, biochemicals, plastics, adhesives, as well as novel food and feed products.

  • Iowa ranks 1st in the nation in the production of ethanol

  • Iowa ranks 6th in the nation in the production of biodiesel

  • Iowa ranks 2nd in the nation in wind generation output

Iowa accounts for about 25 percent of all U.S. ethanol production and leads the nation in production of raw biomass. There are ethanol and biodiesel production facilities in Dubuque County.

Financial Assistance

High Quality Jobs Program — This program is designed to promote the creation or retention of quality jobs by assisting businesses locating, expanding or modernizing their facilities in Iowa through a package of tax credits, exemptions, and/or refunds to approved businesses.

New Jobs Tax Credit — The Iowa New Jobs Tax Credit is an Iowa corporate income tax credit and is available to a company that has entered into a New Jobs Training Agreement (260E) and expands their Iowa employment base by ten percent or more.

Research Activities Credit — Iowa sets itself apart, being one of only a few states to offer a refundable research activities credit. Iowa companies earn refundable tax credits for research and development investments that may be paid directly in cash to the company once its tax liabilities have been met. A company must meet the qualifications of the Federal Research Activities Credit in order to be eligible for the credit in Iowa.