Last year’s extension to the US production tax credit (PTC) incentive is “the perfect bridge” to the tipping point where wind becomes competitive with other sources without subsidies, according to Macquarie Research in its Winds of Change analysis.
That clear path to grid parity – along with other factors such as new transmission assets to open up untapped wind-rich regions – means America supplants China as Macquarie’s pick of global wind markets.
The
