EnergyWatch

US wind boom might peak in 2020

Energy consultancy firm Wood Mackenzie assesses that the US wind turbine market will maintain speed – until next year.

Photo: LM Wind Power

The US wind turbine market is in the midst of an installation boom, as developers rush to complete their projects before the deadline to qualify for full PTC tax credit rebates. The scheme will begin to phase out from 2020.

Concerning installation activity, the US wind turbine market is projected to peak in 2020 with installations totaling 13.6 GW, which would surpass the hitherto record year 2012's combined capacity of 13.3 GW, says Wood Mackenzie Chief Analyst Dan Shreve during a wind conference in Houston, Texas, as reported by sector media Recharge News.

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