As 2014 began, about 12.5GW in new generating capacity was under construction. Utilities are buying unprecedented amounts of wind energy as costs continue to decline. Wind now produces 4.1% of electricity in the world’s largest economy and is delivering impressive environmental benefits.
But while the wind sector continues to be over-reliant on the production tax credit (PTC), industry players are optimistic that it will be renewed and are seeing other signs that bode well for the sector’s long-term health.
Thirty-three
