Wind Power Generation Beating Natural Gas in U.S. in 2012
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Wind-turbine installations are poised to exceed natural gas-fueled power plants in the U.S. for the first time this year as developers race to complete projects before a renewable energy tax credit expires.
New wind capacity reached 6,519 megawatts by Nov. 30, beating the 6,335 megawatts of gas additions and more than double those of coal, according to data from Ventyx Inc., which is owned by the Swiss power transmission equipment maker ABB Ltd. The company plans to release final tallies in January.