31 Aug '11, 7pm

Q&A: Has #windenergy reached overcapacity? (@cmmagazine blog): #windworks #cleanenergy #windpower

Q&A: Has #windenergy reached overcapacity? (@cmmagazine blog): #windworks #cleanenergy #windpower

Globally, what has helped the wind industry has been policy, typically in the form of mandates (like a renewable portfolio standard (RPS)) for renewable energy deployment coupled with incentives, which come in the form of tax breaks or production credits for developers and utilities. The U.S. wind turbine industry is in an interesting state right now, given the pending expiration of the production tax credit, along with lingering effects of the credit crisis, as well as an over-capacity of production for blades, nacelles, and other components. The glut of manufacturing capacity was the result of the tax incentives provided to anyone willing to invest the capital in opening up a factory domestically. The result was a majority of new factories opened by foreign-led firms intent on creating a domestic manufacturing footprint to gain market share and comply with domestic conte...

Full article: http://www.awea.org/blog/index.cfm?customel_dataPageID_16...

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