31 Oct '11, 5pm

With End of Incentives Looming, Race on to Cut Wind Power Costs

With End of Incentives Looming, Race on to Cut Wind Power Costs

At the American Wind Energy Association 's Offshore Wind Expo taking place in Baltimore earlier in October, I asked Liz Salerno, AWEA's director of industry data and analysis, what her group's focus was in the coming months. Without hesitation she noted the importance of the Production Tax Credit, the incentive that gives a 2.2 cents-per-kilowatt-hour bonus to companies producing wind energy. The PTC is set to expire at the end of 2012, and the wind industry is lobbying hard for its extension. The renewable energy source, they say, is not yet ready to stand on its own and compete with more entrenched power sources like coal. There is a push not only from industry but also environmentalists and some politicians -- like the Governors' Wind Energy Coalition -- to help keep wind competitive . But in the meantime, there is substantial work going on to try and bring wind's costs...

Full article: http://spectrum.ieee.org/energywise/green-tech/wind/with-...

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End up i only got this

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