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US wind energy market facing constraints in 2010: IHS study
The recession-induced drop in power demand and lower electricity and natural gas prices have "had a profound effect on utility willingness to ink
power purchase agreements," IHS said.
In addition, the study said that increased transmission congestion and reduced utility demand have reduced growth in traditional "wind hot spots".
May 26, 2010
by Jeff Barber
in Platts
The US wind energy market faces constrained growth and increased competition in 2010 after a record-breaking 2009 that saw the installation of
9,800 MW of capacity, IHS Emerging Energy Research said in a study Wednesday.
But the analyst said that, given the number of favorable state and federal government policies, the industry is on track to add more than 165,000
MW of capacity through 2025, giving the US about 200,000 MW of wind generation.
The study forecasts projected that the US will add between 6,300 MW and 7,100 MW of wind capacity this year, a number that would be 40% to 60%... [continue via Web link]
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