NewEnergyNews More: THE PROMISE AND UNCERTAINTY OF WIND’S 2014

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    • Tuesday, February 25, 2014

    THE PROMISE AND UNCERTAINTY OF WIND’S 2014

    Despite Strong Growth Outlook, U.S. Wind Market Faces Several Risk Factors

    Luke Lewandowski and Dan Shreve, February 20, 2014 (North American Windpower)

    "The wind power industry responded in record fashion to the U.S. Internal Revenue Service's (IRS) 2013 ‘under construction’ deadline for production tax credit (PTC) eligibility…Developers in the U.S. have started construction on 13 GW of wind projects and have contracted 7 GW of firm turbine orders through the end of January 2014…MAKE Consulting estimates nearly 19 GW of wind projects are in active development as a result of these IRS guidelines…[but] is forecasting [only] approximately 16.4 GW of grid-connected capacity from 2014 to 2016 [including nearly 3 GW of hedged projects]…” click here for more

    click to enlarge

    posted by Herman K. Trabish @ 5:50 AM

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