U.S. Wind Industry Reports Slower 2010 Growth
Source: USA Today, Wendy Koch (1/26/11)
"Lack of stable policy let wind out of the sector's sails in 2010."
"Our industry continues to endure a boom-bust cycle because of the lack of long-term, predictable federal policies, in contrast to the permanent entitlements that fossil fuels have enjoyed for 90 years or more," Denise Bode, the group's CEO, said in releasing AWEA's Q410 report .
Yet the report says the industry is starting 2011 much stronger, given Congress' one-year renewal last month of the federal tax credit for wind power. "Wind's costs have dropped over the past two years, with power purchase agreements being signed in the range of 5 to 6 cents per kilowatt-hour recently," said Elizabeth Salerno, the group's director of industry data & analysis. She expects its price, relative to nature gas, will continue to fall.