WINDPOWER 2013 Update: Analysts see future market of 4-8 GW/year in U.S.
Without a turn toward long-term policy stability and predictability, the U.S. wind energy market is likely to settle out at somewhere between 4 to 8 gigawatts (GW) from 2017 on, according to presentations at today's Market Update session at the WINDPOWER 2013 Conference & Exhibition in Chicago.
The speakers included Andy Lubershane of IHS EER, Justin Wu of Bloomberg New Energy Finance, and Dan Shreve of MAKE Consulting. Among the highlights of their discussion:
- According to Mr. Lubershane, wind power with the existing Production Tax Credit (PTC) incentive is very inexpensive and competitive in high-wind regions: "At least 500 megawatts is reflected in a series of recent utility requests for proposal (RFPs) on the basis of low cost" rather than state ...