27 Dec '11, 3pm

Wind Power 2011 Review and 2012 Outlook: High on Promise, Low on Support: 1.) Big Numbers in Wind Deployments,...

1.) Big Numbers in Wind Deployments, Little Support. The U.S. industry overcame the economy’s bad news and kept building in 2011. This year’s installations will likely top out at approximately 7 gigawatts and the cumulative number will go beyond 45 gigawatts, the second largest in the world and the equivalent of 45 monstrous nuclear or coal plants. Colorado set a record by providing 55.6 percent of the state’s power on one day in October and wind helped Texas keep the lights on when the state’s fossil fuel plants failed in February. Yet the industry is priming itself for a downturn in 2013 . Unlike federal subsidies for the fossil and nuclear industries, incentives for renewables must be extended periodically. Because Congress appears ready to ignore the wind industry’s need for stability and to delay extension of the vital production tax credit (PTC) past 2012, 78,000 job...

Full article: http://www.greentechmedia.com/articles/read/Wind-Power-20...

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