Username:
Password:
Save My Information  |  Forgot?
Home  |   IIR North America  |   IIR Europe  |   IIR Australia  |   What's New  |   About Us  |   Contact Us
Market Coverage & Databases  |   Industry Analytics  |   Tools  |   Online Store

  Premium News Article  WindBuild2012  Attachment Included

Likely Expiration of PTC Only Part of Wind Industry's Bouncing Fortunes

SUGAR LAND--July 23, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--The Federal Production Tax Credit (PTC) is set to expire at the end of this year. The tax credit gives wind power generators $22 for every megawatt hour they produce. Congress has renewed the credit seven times and let it expire three times since it was enacted in 1992. The American Wind Energy Association (AWEA) calculated that each year after the PTC expired, turbine installations dropped between 73 % and 93%. AWEA also says that this expiration, if it happens, will mean renewable energy producers will lose an estimated 37,000 jobs as a direct result.

Read the Complete Article >>>

Details on this Article:
Industry Segment: Power
Word Count: 536 Words
Attachment: WindBuild2012


  Login or Register now for instant access!

Username:        Password:     


Related Articles

Premium News Article  Texas Leads Top 10 States for Operational Industrial Plants

Premium News Article  Coal to Fire Pakistan's Power Installation Drive

Premium News Article  Marubeni, GE Begin Maintenance at Smithfield Cogeneration Plant in Australi...

Premium News Article  ZTPC Kicks Off Concrete Placement for Unit 1 of Xuzhou Mining Group's Cogen...

Premium News Article  Australia's Mount Alexander Sustainability Group Seeks Site for Community-O...




This article is available for Premium Members only.

Subscribe Now! All Fields are Required...

First Name:
Last Name:
E-Mail Address:
Desired Username:
Password:
Confirm Password:
Subscription Type:
Pricing Help?
Pay-Per-Article - $5.95
Annual Premium News - $235.00
Annual Premium News with Archive - $395.00