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Wyoming wind tower plant delayed until next year

Plans to build a $40 million plant that would produce towers for wind turbines have been delayed, and industry observers say uncertainty over federal subsidies for renewable energy may be a factor.

"Industrywide we are seeing a slowdown in orders for towers and turbines after 2012 that is rippling down the supply chain and the big issue is the lack of certainty around the production tax credit that gives a favorable low tax rate to renewable energy," Peter Kelley, spokesman for the American Wind Energy Association, said Friday.

But others argue the free market should determine the industry’s economic fate, not subsidies funded at taxpayers’ expense.

By BOB MOEN Associated Press writer

Full Story: http://trib.com/news/state-and-regional/wyoming-wind-tower-plant-delayed-until-next-year/article_496dc64f-d9f3-51ec-92b0-eb8584716069.html

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