Our Industry: The Wave is coming
The increase in oil prices and the subsequent rise in the price of raw materials such as coal and gas are currently having an inflationary effect on the price for electricity.
In this year's forecast it is expected that the US will add 22,400 MW by 2011 and remain the strongest market in the world for the next five years.
This industry has expanded and the timing for taking advantage of the opportunity couldn't be better. 25 states already allow RPS (Federal Renewable Portfolio Standard). The states of Washington and Texas are leading the way. With the PTC (Federal Production Tax Credit) continuing until the end of 2009, the US wind energy market will once more be the largest in the world.
Others states will follow in the months and years to come. Let's see how it works : NEXT