U.S. wind energy PTC extension resulted in more PPAs signed this year

12/10/2013 | National Journal

The wind energy Production Tax Credit brought more purchasing power agreements signed by developers and utilities this year compared to 2012, as companies pushed to begin projects before the qualification period ends on Jan. 1, 2014. "You have the declining cost of wind combined with the availability of the Production Tax Credit, and these two things taken together make it so that wind is a really great deal right now," said Elizabeth Salerno, director of industry data and analysis at the American Wind Energy Association. However, industry players express their concern on the uncertainty of whether the policy would be extended for another year.

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