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Wind energy production tax credit extended one year as part of fiscal cliff deal

Fiscal Cliff Deal Restores Wind Energy Tax Credit, at Least for a Year

All the political debate, industry lobbying, public relations campaigns and wind industry hand-wringing concerning extension of the federal wind energy production tax credit (PTC) appears at an end with Congress agreeing to extend wind energy tax credits for another year as part of a last-minute deal to avoid the U.S. going over the so-called “fiscal cliff.” Enacted and allowed to…

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Wind energy hits record peak in California

Wind Energy Production Hits New Record in California Last Week

The California Independent System Operator (Cal-ISO), the state’s grid operator, announced last Friday (Earth Day) that the state hit a record level of peak wind energy output last week of 2,432 megawatts, outpacing last year’s record of 1,915 MW. Peak refers to the amount of energy generation is available while demand is highest. Last week’s record peak comprised 5 percent…

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