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STUDY PROJECTS WIND POWER GROWTH

Wednesday, June 27, 2007 - 7:00AM

With Texas, California, New York, Minnesota, Colorado and Washington at the forefront of wind project development, the United States wind power market is expected to reach a cumulative installed wind capacity of nearly 49,000 megawatts by 2015, according to a study released last week by Emerging Energy Research (EER). In addition, EER expects investments in new transmission capacity will also play a central role in determining the timing and geographic focus of new wind opportunities and suggests that a combination of federal and state renewable energy policy incentives, such as the renewable energy production tax credit (PTC), will be crucial to spur the transmission expansion into high-wind resource areas that will be necessary to continue driving growth in the domestic wind market.

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