September 6, 2002—The American Wind Energy Association (AWEA) reaffirmed its assessment that 2003 will be a record year for the wind market in the U.S. Following an all-time high of 1,696 megawatts (MW) of new installations in 2001, the current year was expected to be a “breather” year, especially when the extension of the wind Production Tax Credit was delayed until March.
AWEA is projecting 400 to 450 MW of new wind capacity will be installed in the U.S. in 2002, a slight decrease from the approximately 600 MW projected in April. A number of projects have been delayed until 2003 for a variety of reasons, but those delays do not reflect any fundamental change in the market.
“We are projecting that well over 2,000 MW of new wind capacity will be installed in the U.S. in 2003,” said Randall Swisher, AWEA’s Executive Director. “We have been stating that projection for much of this year, and our projection remains unchanged.”
For more information, contact AWEA.
