More than half the states in the U.S. have adopted a Renewable Portfolio Standard (RPS) requiring a percentage of electric generation come from renewable sources. A Lawrence Berkeley National Laboratory study found that 62% of the renewable generation needed to satisfy these RPSs will come from wind, with Texas and the Midwestern States seeing 94% compliance coming from wind energy.
WindAction Editorials filed under Taxes & Subsidies
Robert Bradley, in his seminal policy paper entitled Renewable Energy Not Cheap, Not "Green", discusses the Department of Energy's 1976 study which estimated wind power could supply nearly 20% of the U.S. electricity by 1995. By 1996, wind represented 1/10th of 1 percent share with clear signs the market was in decline. In 1997 Enron entered the picture with its purchase of Zond, one of the largest developers of wind generation. This, coupled with new state and federal restructuring initiatives that funneled billions into new subsidies for wind and other renewables, resuscitated the near-dead market.