Top Obstacles to Wind Growth: Lack of financing & national energy policy (North American Clean Energy)

Business advocates of the US wind market point to the lack of financing and the lack of a national energy policy as the top obstacles to growth, according to the 2010 US. Wind Industry Monitor. The 2010 US Wind Industry Monitor is an opinion poll conducted by Droege & Comp., an international management consultancy offering an energy competency, and Gibbs & Soell, an independent global public relations firm with communications expertise in advanced manufacturing, energy, greentech and sustainable industries. Nearly 60 professionals representing various enterprises serving the wind industry participated in the poll.

• Respondents identified the lack of financing (72%), lack of national energy policy (67%), and lack of transmission (54%) as “important” or “very important” main obstacles to business growth.
• Despite the ongoing challenges, most respondents forecasted growth for their U.S. businesses in 2010 (69.6%), 2011 (83%), and 2012 (84.6%).
• Generating heightened visibility among stakeholders is critically important for sparking growth in the mature wind industry market. Sales and marketing efforts (67%) were identified by participants as an “important” or “very important” strategic activity for 2010.

Click here to read the full article at nacleanenergy.com.