Friday, 14 April 2017

By Amanda Augustine and Marcial Nava

 

With a reputation as a reliable and scalable source of energy, wind energy makes significant strides as government incentives, global investments, and technological advances aid growth.

Wind farms will continue to enjoy the benefits of the production tax credit (PTC) at least until 2020 when it’s set to expire, but the government will likely continue to play a decisive role even as the industry achieves further efficiency gains and subsidies become less needed. Furthermore, consumer preferences (80% of Millennials are in favor of a transition to mostly renewable energy by 2030) will provide additional support for wind energy.

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Read the full article from BBVA Research. 

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