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Abstract: . . . Also, Spain has near-term plans for an additional 100-200 megawatts of capacity using contracts with premium prices. 41 In Asia, China expanded from 79 to 166 megawatts last year and some ofChina’s projects are being financed using tied aid with Denmark and other mechanisms to continue develop- ment of wind energy in a country that is hungry for clean energy. . . . . . . 100-200 megawatts of capacity using contracts with premium prices. 41 In Asia, China expanded from 79 to 166 megawatts last year and some ofChina’s projects are being financed using tied aid with Denmark and other mechanisms to continue develop- ment of wind energy in a country that is hungry for clean energy. . . . . . . 1994 . . . . . . . . . . . . . . 1,745 1995 . . . . . . . . . . . . . . 1,731 1996 . . . . . . . . . . . . . . 1,677 1997 . . . . . . . . . . . . . . 1,620 Source: Energy Information Administration, Electric Power Annual 1997, Volume II, DOE/EIA-0348(97)/2 (Washington, DC, October 1998). Wind Energy Developments: Incentives In Selected Countries by Louise Guey-Lee 1 Abstract Incentives have long been viewed as a means of supporting technological developments until a new technology becomes cost-competitive. Wind-based electricity is not yet generally competitive with alternate sources of electricity . . . . . . megawatts, went to domestic markets and the remainder were exported. Germany was the most popular destination, Page 7 Energy Information Administration/ Renewable Energy Annual 1998 7 30 Wind Power Monthly (January 1998), p. 29. 31 American Wind Energy Association, Fact Sheet on International Wind Energy Incentives (Washington, DC, February 1997). 32 Wind Power Monthly (September 1997), p. 20. 33 Princeton Economic Research, Inc., Draft Government Export Assistance Available to European Wind Turbine Manufacturers, prepared for the National Renewable Energy Laboratory (March 24, 1995). 34 International . . . . . . Resource Atlas of the United States, at website http://rredc.nrel.gov/wind/pubs/atlas. 40 The average price of electricity for sales for resale by investor-owned utilities was 3.2 cents per kilowatthour in 1996. See Energy Information Administration, The Changing Structure of the Electric Power Industry: Selected Issues, DOE/EIA-0562(98) (Washington, DC, July 1998), p. 23. 41 The Solar Letter (April 25, 1997), pp. 158-159. Excise duty and sales tax exemptions for wind turbines Import duties on a variety of components waived Moving toward a production tax incentive to encourage performance. Project Financing. . . . --3000,5,300,2857,36352
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