What are some of the current legislation issues regarding wind power?
The Renewables Portfolio Standard (RPS) is a public policy currently passed by the state legislatures of ten states that promotes and requires the development and use of renewable energy. Additionally, many states provide incentives for individuals and companies that build or operate wind turbines. The national production tax credit is an important piece of legislation for the wind power industry. The tax credit makes wind power competitive with other energy sources. In March 2002, the production tax credit was extended to cover 2002-2003, and in September 2004 it was extended through 2005. Unfortunately, due to the uncertainty of further extensions, the wind industry has a difficult time planning future wind projects for fear that they will not be cost competitive.
