Publisher's Synopsis
Wind power capacity in the United States experienced strong growth in 2016. Recent and projected near-term growth is supported by the industry's primary federal incentive-the production tax credit (PTC)-as well as a myriad of state-level policies. Wind additions have also been driven by improvements in the cost and performance of wind power technologies, yielding low power sales prices for utility, corporate, and other purchasers. At the same time, the prospects for growth beyond the current PTC cycle remain uncertain, given declining federal tax support, expectations for low natural gas prices, and modest electricity demand growth. This annual report-now in its eleventh year-provides an overview of developments and trends in the U.S. wind power market, with a particular focus on 2016.
