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The American wind energy industry has grown in spite of the “boom and bust” cycle of wind energy development fostered by the renewal-expiration-renewal cycle of the wind production tax credit (PTC). The PTC is one of the primary tools used to spur wind energy development and expired at the end of 2013. The result was a 92% drop in 2013 installations, compared to 2012. Extension of the PTC will likely be the subject of debate about so-called tax extenders during the upcoming “lame duck” session of Congress as the wind industry seeks an extension of the PTC through 2015. The… [more]View Insight