PTC renewal to prevent massive wind power slump, exec says

01/31/2013 | Bloomberg Businessweek

The continuation of the wind-energy Production Tax Credit will help arrest a possible slide in wind turbine orders through 2014, said Vic Abate, vice president for renewables at GE Energy. The number of wind turbine installations may return to about 5,000 to 6,000 megawatts annually through 2014, the level before developers rushed projects at the end of 2012 due to fears Congress would kill the PTC, Abate said. "You could see that kind of average holding, with '13 being a little under the average and '14 being a little over," Abate said.

View Full Article in:

Bloomberg Businessweek

Published in Briefs:

SmartBrief Job Listings for Business

Job Title Company Location
Vice President, Science and Regulatory Affairs
American Beverage Association
Washington, DC
Director - Career Services
The Culinary Institute of America
Hyde Park, NY
Vice President, HEDIS & Performance Outcomes
Dayton, OH
Director of Contracting and Compliance
CareFirst BlueCross BlueShield
Multiple Locations, MD