Little Expansion In Wind Power Forecast For 2004

Jan. 13, 2005
Growth in the use of wind power is expected to drop dramatically in 2004, according to the American Wind Energy Association (AWEA), a national trade association. In fact, little to no growth is expected compared with the 1,687 megawatts of new capacity ...

Growth in the use of wind power is expected to drop dramatically in 2004, according to the American Wind Energy Association (AWEA), a national trade association. In fact, little to no growth is expected compared with the 1,687 megawatts of new capacity installed in 2003, according to the AWEA. The association says new capacity installed in 2003 is enough to serve almost 500,000 homes. AWEA said new installations in 2004 are likely to be less than 500 megawatts, a drop-off it blames on the expiration in December 2003 of a federal wind-energy-production tax credit. Legislation to extend the tax credit is awaiting Congressional approval, the organization says.

Popular Sponsored Recommendations

Empowering the Modern Workforce: The Power of Connected Worker Technologies

March 1, 2024
Explore real-world strategies to boost worker safety, collaboration, training, and productivity in manufacturing. Emphasizing Industry 4.0, we'll discuss digitalization and automation...

3 Best Practices to Create a Product-Centric Competitive Advantage with PRO.FILE PLM

Jan. 25, 2024
Gain insight on best practices and strategies you need to accelerate engineering change management and reduce time to market. Register now for your opportunity to accelerate your...

Transformative Capabilities for XaaS Models in Manufacturing

Feb. 14, 2024
The manufacturing sector is undergoing a pivotal shift toward "servitization," or enhancing product offerings with services and embracing a subscription model. This transition...

Shifting Your Business from Products to Service-Based Business Models: Generating Predictable Revenues

Oct. 27, 2023
Executive summary on a recent IndustryWeek-hosted webinar sponsored by SAP

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!