21 Jun '12, 5pm

Wind Developers Look to Ontario in the Midst of PTC Uncertainty

Planning for wind energy developments in the U.S. for 2013 is literally at a stand-still due to the uncertainty of an extension of the Production Tax Credit (PTC). But that isn’t stopping some developers from moving forward with new projects for next year. These new builds might, however, pop up not in the U.S., but in a community with a stable government support for renewable energy – Ontario. Established in 2010, the Ontario Power Authority’s Feed-in Tariff (FIT) Program was North America’s first guaranteed pricing structure for renewable energy generation. The provincial government’s goal is to reach 10,700 MW of non-hydro renewable generation installed by 2018. This drive for mostly wind and solar installations has led many developers, like Pattern Energy, to head north as they wait out the uncertainty period in the U.S. Pattern Energy Group LP, a U.S.-based wind and t...

Full article: http://www.renewableenergyworld.com/rea/blog/post/2012/06...

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