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Thursday, July 18, 2013

Oregon ~ Slack times in wind industry

Oregon’s wind industry has stabilized since Congress extended a key federal tax break in January, but no new wind energy developments are expected this year after a record-breaking number in 2012.
As Congress dawdled while a critical production tax credit was set to expire Dec. 31, wind companies raced to complete projects — while laying off staff in case the tax break wasn't extended.
“Everybody had to start the 2013 year as if it weren’t,” says Art Sasse, communications director for Iberdrola Renewables in Portland.
New wind energy projects were frozen, along with orders for turbines. [Sustainable Life]

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