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Article Title: US Demand for Wind Turbines to Approach $19 Billion in 2018
Publication: IT Business Net, 3/28/2014
Freedonia Study: Wind Turbine Systems (3139)

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US Demand for Wind Turbines to Approach $19 Billion in 2018 March 28, 2014 ( renewable energy stocks newswire) US demand for wind turbine systems is forecast to reach $18.9 billion in 2018, a nearly ninefold increase over severely depressed 2013 levels. The market for wind turbines tends to be highly volatile due to its reliance on government incentives. These and other trends are presented in Wind Turbine Systems, a new study from The Freedonia Group, Inc., a Cleveland-based industry market research firm. According to analyst Kyle Peters, "Going forward, the outlook for wind turbine sales is somewhat muddied by the current lack of major federal incentives, as production tax credits were allowed to expire at the end of 2013." Sales are still expected to rebound significantly, as there are other incentives in play including feed-in tariff payments and various grants from the Department of Energy. Growth will continue to be driven by the need to meet state-level re
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