ABSTRACT
The US wind industry had gone into a deep decline, with most of the companies going bust. The 1991 Gulf War and the Energy Policy Act of 1992 had seen the reintroduction of tax credits for wind power, but with the important difference that the credits rewarded the actual production of electricity from wind projects and not just investment in building new turbines. As the 1990s went on, different states began to implement renewable portfolio standards, and the US wind industry began to pick up speed again. By 2005, the US wind industry was picking up speed fast, with the annual installed capacity growing at an average rate of 40 per cent between 2005 and 2009. Wind projects had been increasing progressively in scale throughout the 1990s. The wind industry was about to experience the China effect.
