Market

The dominant trend is deadline rush. In America, hundreds of megawatts are scheduled to go up before the federal production tax credit's June 1999 deadline. In Germany, time is running out for the Renewable Energy Feed In Tariff (REFIT) as liberalisation marches across the EU -- fixed prices and free markets cannot co-exist. Developers in Germany are busy making the most of what could be the last of the current high payments mandated for wind by federal law. Japan's new program has prompted two of the country's largest companies to announce 100 MW. Canada, too, has 100 MW in the pipeline. South America is looking up too. Brazilian wind in particular is benefiting from a new liberal electricity market. The future for wind is looking increasingly bright.

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