NewEnergyNews: WIND COMES BACK

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    Thursday, August 01, 2013

    WIND COMES BACK

    U.S. wind energy starts ramping back up following early-year PTC extension; Damaging impact of last-minute extension felt in first part of year, but demand high for wind

    July 30, 2013 (American Wind Energy Association)

    “After coming to a standstill in the first half of 2013 due to Congressional delay in extending the federal wind energy Production Tax Credit (PTC), activity in the U.S. wind industry is ramping back up…according to the American Wind Energy Association’s U.S. Wind Industry Second Quarter 2013 Market Report…[W]ith wind energy project timelines spanning 18-24 months, the delay had serious consequences…Only 1.6 megawatts (MW) of wind power were commissioned during the first half of the year and none at all during the second quarter, yet activity is now robust…Approximately 1,300 MW are now under construction, while more than 3,600 MW in PPAs are secured. In total, utility plans for more wind announced in the first six-plus months of the year total nearly 5,000 MW…” click here for more

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