In 2019, the U.S. wind power industry recorded its third record-breaking installation year in a row, with new wind capacity hitting 9.14 GW. To date, there are another 44 GW under construction or in advanced development. Yet there are clouds on the horizon: competition from gas and solar, and the phase-out of the production tax credit that has driven the industry’s growth until now. The Energy Information Administration is rather pessimistic about the immediate future of U.S. wind power. In a report from March last year, the agency cautioned that wind power installation additions could slow down in the next few years as the expiry of the PTC leads to higher costs. Another factor that will affect new additions is the fact that the best sites for onshore wind farms are already taken. Yet over the long term, the EIA said it expected wind to regain its popularity because […]