Up to $2.1bn of revenue and more than 23 GW of new wind power is at risk because limitations in the US transportation sector could impair its ability to deliver components for future projects, according to a study by Wood Mackenzie Power & Renewables. This could put as much as $2.1 billion of revenue at risk, according to a new study by Wood Mackenzie Power & Renewables. The report says that if current trends continue, it will take until 2025 before all states have enough renewable energy capacity to meet their electricity needs. Dan Shreve from Wood Mackenzie urged the wind industry to seek public policy relief to enable wind production tax credit extensions beyond 2021.
Up to $2.1bn of revenue and more than 23 GW of new wind power is at risk because limitations in the US transportation sector could impair its ability to deliver components for future projects, according to a study by Wood Mackenzie Power & Renewables. The report says that if current trends continue, it will take until 2025 before all states have enough renewable energy capacity to meet their electricity needs. Dan Shreve from Wood Mackenzie urged the wind industry to seek public policy relief to enable wind production tax credit extensions beyond 2021.