Tuesday, October 9, 2012

Tough times ahead for wind industry

regardless of tax credit renewal


As posted on the GOVERNORS WIND ENERGY COALITION website

By Robert S. Eshelman, E&E reporter •
 Posted: Tuesday, October 9, 2012
The clean energy sector is closing the gap on fossil fuels, but the wind industry faces significant challenges and could see a free fall in new construction over the next three years, said Ethan Zindler, head of policy analysis at Bloomberg New Energy Finance.
The decline in new wind power generation, he added, is likely to occur regardless of whether Congress extends a production tax credit (PTC)
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