Paul Gaynor

The US wind power industry has lived and died by production tax credits over the years, and with the prospect of expiration finally looming at the end of this year, industry players are working hard to build a future without it.

US installations are set to fall off a cliff in 2013 with Navigant Consulting estimating additional incremental capacity between 1 and 4 GW, down dramatically from >9 GW in 2012. Keep reading →

Wind power developers can profit by moving away from subsidies and focusing on areas where robust electricity pricing makes the decision to sign a wind power purchase agreement easy.

Focusing on the “premium markets” where there are high power prices and state-level support for renewable fuels generation can be a winning strategy for power project developers, even when prices for natural gas are so low that generators are increasingly turning toward the fossil fuel, First Wind CEO Paul Gaynor told Breaking Energy. Keep reading →

Wind generation projects continue to blossom around the country despite economic and regulatory headwinds.

The most recent addition to the burgeoning US wind power sector is the 60 MW Rollins Wind project in Penobscot County Maine, which began producing power at the end of July and will deliver power via long-term electricity contracts with Bangor Hydro and Central Maine Power. Keep reading →