North America
February 14, 2018
Renewables | Wind Power
Policy Brief
Wind Industry Faces New Roadblocks as Tax Credit Deadline Looms
Weak Growth in Electricity Demand and Low Natural Gas Prices Main Threats to Future Growth
The wind industry is facing new problems just as developers are rushing to get new projects in the pipeline ahead of the 2019 expiration of the federal production tax credit, a key driver of growth. Roadblocks include efforts to slash payouts to wind farms under PURPA, delays in connecting to the grid, and even a State moratorium on new projects.
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