Oct 23 2008
U.S. Wind Group Sees Record 2008, Slowdown In 2009
The American Wind Energy Association yesterday reported that the U.S. wind industry is on track to install a record 7,500 megawatts of wind power this year, enough electricity to power about 2.2 million homes, but the industry group warned that 2009 will not be as strong.
Some highlights from AWEA's third quarter report:
Next year, however, won't be as productive, AWEA said. Because of the late one-year extension of the federal wind production tax credit in the bailout bill and the evolving financial crisis, new construction starts of wind farms will likely slow in 2009.
AWEA next year will push the new administration and Congress for a long-term extension of the wind production tax credit, a federal renewable energy standard, national climate-change legislation, and spending for new transmission capacity.
You can read the complete report at AWEA's Web site.
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