WIND ENERGY EXPECTS MAJOR BOOST FROM NEW STATE, FEDERAL INCENTIVES

The wind energy industry is poised for a big growth spurt following the renewal of the long-awaited federal production tax credit through 2005 and New York state's adoption of a 25 percent renewable portfolio standard (RPS) by 2013, industry sources say. "Wind producers have been waiting for the RPS to be established and the production tax credit at the federal level to be reinstated," says one consultant. "Because of the potential for the industry to expand so much in New...