How wind economics change as the PTC steps down

By Paul Dvorak This article comes from a white paper from consultants at ICF and is authored by Pat Milligan
Power market factors will become increasingly important to the economics of wind going forward as opposed to raw capacity factor. This opens project opportunities in non–traditional areas where better market prices and more favorable wind shapes exist. Two such example areas are upper Michigan and coastal Texas, but others exist.
Executive summary
The phase–out of the Production Tax Credit (PTC) over the next few years will reshape the geography of wind development. As the PTC winds down and PPAs become less available, developers will increasingly

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