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EIA: Threat of Losing Tax Credit Drives Wind Installations

Dec 20, 2012
(The Hill)

Developers are rushing to get wind turbines online before a wind power incentive expires, according to the U.S. Energy Information Administration (EIA).

EIA observed that developers planned more installations to take advantage of the credit as the year progressed. As of Nov. 30, EIA noted about half of the new planned wind power capacity this year has yet to come into service, but should be operational by Dec. 31 when the credit is scheduled to end.