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New Jersey Takes Slow, Steady Approach to Offshore Wind
The international wind power industry is watching Washington, DC to see if lawmakers will extend the federal production tax credit (PTC) for wind power. But their eyes are also focused on Trenton, the state capital of New Jersey, to see if state regulators there will help launch America’s long-awaited offshore wind energy industry.
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U.S. Wind Industry Poised for a Steep Decline?
As of the summer of 2010, the landscape for the wind industry has changed dramatically from last year, when the U.S. set a record by installing over 10 GW in a single year and claiming the title of the world’s top wind power producer for the second year in a row.