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Posts from December 0

Stagnating U.S. Wind (government addiction creates bubble symptoms)

By <a class="post-author" href="/about#llinowes">Lisa Linowes</a> -- November 4, 2013

“AWEA’s CEO Tom Kiernan bellyached last week that his people were exhausted by the ‘boom-bust’ behavior sparked each time the industry faced possible withdrawal of the PTC. He showed no remorse that big wind was still economically impotent despite decades of public handouts meant to stimulate self-growth.”

The U.S. wind power market has staggered this year, adding less than seventy (70) megawatts of new wind in the first three quarters. This is down from 4,743 megawatts installed during the same period in 2012.

Only three states reported wind expansions:

· California – Pattern Renewables added 42.7 MW to its controversial Ocotillo Wind Energy Facility;

· Colorado – Tri-State expanded its Colorado Highlands Wind Farm by 23.8 MW; and

· Alaska – Just 2 MW added.

The American Wind Energy Association (AWEA) wasted no time blaming the precipitous drop in installations on uncertainty surrounding the wind production tax credit (PTC), the federal incentive most often credited for market growth in the sector.…