Up to $ up to $1.3 billion of revenue and 16 GW of new wind power is at risk because limitations in the U.S. transportation sector could impair its ability to deliver components for future projects, according to a study by Wood Mackenzie Power & Renewables . Furthermore, a failure to tackle supply chain problems could result in the cancellation of more than 23 percent of new wind installations planned in the next two years , the study claimed. Dan Shreve from Wood Mackenzie urged the wind industry to seek public policy relief to enable wind production tax credit extensions beyond the next two years .
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. Furthermore, a failure to tackle supply chain problems could result in the cancellation of more than 23% of new wind installations planned in the next two years, the study claimed. Dan Shreve from Wood Mackenzie urged the wind industry to seek public policy relief to enable wind production tax credit extensions beyond 2021.