AWEA says utilities 'flocking' to wind

Turbines in Pennsylvania, which made it into the new-wind top 10

Turbines in Pennsylvania, which made it into the new-wind top 10

US utilities continue to “flock” to the wind business in the wake of record capacity additions in 2012, says the American Wind Energy Association (AWEA), as it works to soften expectations that the industry is in for a sharp downturn this year.

The US added more than 13GW of wind capacity last year, including 8.4GW in the fourth quarter alone, as developers raced to beat the Production Tax Credit (PTC) deadline.

Most analysts expect the industry to sag significantly this year, given the amount of projects that were whipped through development last year. IHS Emerging Energy Research pegs 2013 additions at just 1.2GW, even as major developers like NextEra and EDPR see some opportunities from the PTC extension.

Some 66 US utilities either regularly purchased wind-generated electricity or owned wind assets outright at Log in to read complete article.

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