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Economic and dam related articles

U.S. Wind Power Expected to Peak in 2012

by Staff
The Green Economy, August 19, 2012

The U.S. Department of Energy's "2011 Wind Technologies Market Report" finds that in 2011, the United States was still one of the fastest-growing markets for wind power. Around 6.8 gigwatts (GW) of new wind power capabilities were established in 2011, up from 5.2 GW in 2010. 2011 levels, however, were still beneath the 10 GW built in 2009. With the concerns of uncertain federal policies on the way, 2012 is expected to have the wind power market reach its peak, according to the research.

Put together by Lawrence Berkeley National Laboratory (Berkeley Lab), the "2011 Wind Technologies Market Report" listed some other important points:

Simultaneously, the end of these incentives, along with continued low natural gas prices, low electricity demand, and current state policies that are not enough to uphold the current level of capacity additions, may significantly reduce the pace of new builds in 2013 and beyond, regardless of improvements in wind power technology.


Staff
U.S. Wind Power Expected to Peak in 2012
The Green Economy, August 19, 2012

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