http://www.renewableenergyaccess.com/rea/news/story?id=50505The U.S. wind industry is on track to complete roughly 4,000 megawatts (MW) of wind projects in 2007, shattering the 2006 record of 2,454 MW and solidifying wind as a major source of new power in the country today, according to a new market report from the American Wind Energy Association (AWEA).
In its third quarter market report, AWEA said that the industry has added over 2,300 MW of generating capacity to the nation's electrical grid so far this year, with a total of more than 5,000 MW in various stages of construction.
"The not-so-good news is that, even as we face these twin challenges
, our country does not have a long-term, national policy in place to promote renewable energy development," said AWEA executive director Randall Swisher.
The federal production tax credit (PTC) for renewable energy will expire in December 2008, and there is no national renewable electricity standard (RES) or other long-term policy in place.
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