U.S. Wind Power Slumps in 2013 After Tax Credit Drives 2012 Boom
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U.S. utilities agreed to buy 7.6 gigawatts of wind capacity this year through September, as construction in 2013 slowed to a trickle after a federal tax credit expired at the end of 2012, the American Wind Energy Association said.
About 70 megawatts of wind farms were connected to the grid in the third quarter, a 96 percent decline from a year earlier, according to a report today from the Washington-based trade group.