Manufacturing Industry
AWEA Increases 2003 Forecast for U.S. Wind Business.
Advanced Materials & Composites News, September, 2003
August 22, 2003 - AWEA reports that the U.S. is projected to install 1,400-1,600 MW of new wind power this year. The growth in wind-generated power reduces demand for natural gas and its environmental impact. In spite of the good news, AWEA notes that the wind industry's future beyond the end of 2003 depends heavily on whether Congress extends the wind production tax credit (PTC) that is scheduled to expire Dec.
31. According to AWEA's quarterly estimate of the wind energy market, the wind project developments now underway could increase the cumulative total of U.S. installed wind capacity to over 6,000 MW. A 3-year extension of the PTC is included in both the House and Senate versions of comprehensive energy legislation now pending in Congress. W:...
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