Implications: In order to meet the U.S. Department of Energy (DOE) target, projecting that wind power could provide 20% of U.S. electricity by 2030, wind turbine installations would have to increase to 7,000 per year by 2017. (To put that in perspective, just 3,100 wind turbines were installed in all of 2007.)  With the downturn in the economy the unavailability of credit, as well as high rates for whatever is available, it is estimated that only five tax equity investors are still in the game today, able to give a quote to a project developer seeking investment.  In addition, transmission will be a key issue for the wind industry’s future development over the next two decades. Read More