AWEA's Kiernan: U.S. wind market on course for recovery

09/12/2013 | SNL Financial (free content)

After a slow first half of 2013, the U.S. wind market is poised for a recovery through the rest of the year and into the next two years, thanks in part to the amended language in the extension of the wind-energy Production Tax Credit, said American Wind Energy Association CEO Tom Kiernan at the AWEA Wind Energy Finance and Investment Seminar in New York. The PTC extension could lead to 13,000 megawatts more of new capacity over the next two years, said Phil Dutton, senior vice president of engineering services for GL Garrad Hassan, North America.

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