slides here - Algonquin Power & Utilities Corp.
slides here - Algonquin Power & Utilities Corp.
slides here - Algonquin Power & Utilities Corp.
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Wind Industry 2012<br />
Trends<br />
Events<br />
• Wind is credible source of new<br />
generation in U.S.<br />
•<br />
•<br />
GE 10 years in wind industry<br />
Dependency of rare earth materials<br />
• Lack of governmental policy clarity (REM) for magnets<br />
• Turbine manufacturers/supplier<br />
• 2011 nearly all REM supplied by<br />
continue to localize production<br />
unreliable foreign source<br />
• Falling turbine prices push<br />
• Industry experiences price escalation<br />
and limited supplies<br />
installed cost lower<br />
• Molycorp re-opens Mountain Pass,<br />
• With improved capacity factors<br />
CA/other sources<br />
aggressive wind power pricing<br />
i<br />
• US DOE investment in Strategic<br />
• Strong growth 2012 but<br />
Materials Hub<br />
dramatically lower and uncertain • Permanent Magnetic Direct-Drive<br />
2013 (PMDD) eliminates gearbox<br />
• Significant turbine production over<br />
capacity<br />
• PTC set to expire December 31, 2012<br />
58
Change language