Boston, MA -- (SBWIRE) -- 05/09/2013 -- Production Tax Credit (PTC) is one of the most important renewable support policies in the US and it has transformed the country into one of the leading wind power countries. However, one of the issues associated with PTC in the US is that it has a short term approach. Since its inception in 1992, PTC has expired five times, including the expiration on December 31, 2012. Every expiry of PTC has been followed by a sharp decline in the annual capacity additions growth rate in the US. The Congress extended the PTC for wind temporarily up to December 31, 2013 as a part of the fiscal cliff bill. The industry is still skeptical about the impact of the extension of PTC on the wind industry.

Scope

- The report analyses the impacts of Production Tax Credit (PTC) extension on wind industry in the US.

Reasons to Get This Report

- The report makes reader understand the impacts of Production Tax Credit (PTC).

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