Major wind projects are being cancelled or put on hold with waning public and private support. In recent weeks,
In each case, company officials blamed current market conditions and the inability to secure a long-term power contract with area utilities.
PTC In Review
The American Wind Energy Association (AWEA) insists the industry is at risk of a slow-down if Congress does not act quickly to extend the Production Tax Credit (PTC), the federal incentive most often credited for market growth in the wind sector. The PTC expires at the end of 2012.…