Federal incentives can hasten development–or slow it down
By Nate Seltenrich
Last year brought a fresh breeze for wind energy, and projections indicate that 2012 will be even better. But over the next two years, a variety of forces could conspire to hamper wind energy development across the United States, despite a significant decline in the cost. These are the main findings of a new report by the US Department of Energy and the Lawrence Berkeley National Laboratory.
It’s that classic good news-bad news scenario: should proponents focus on the fact that in 2011 wind energy became cheaper, more efficient, and more widely distributed than ever? Or should they dwell on the looming challenges, including steep competition from cheap natural gas, inadequate high-voltage transmission in many parts of the country, and the possible expiration of federal incentives at the end of the year? Continue reading