Inside Renewable Energy Why the Wind Market is Hurting

On the surface, last year's record installation of wind in the U.S. makes it seem like the industry is cruising along. But that is not the case. Due to falling demand for electricity, lower natural gas prices and the lack of a long-term national target, many companies are having trouble making stable investments. In this podcast, we'll look at the economic factors behind the drop in demand for wind electricity. Matt Kaplan, a senior wind analyst with IHS Emerging Energy Research, tells us why utilities and developers are pulling back on projects in the U.S. Mike Revak, head of Siemens U.S. wind division, talks about how increased competition among manufacturers is forcing companies to change their strategies. Sonia Bonfiglioli, CEO of the component manufacturer Bonfiglioli, tells us why the company will continue to invest heavily in wind, despite the short-term problems in the market. And Ron Pernick of CleanEdge gives us his take on President Bush's speech at the recent AWEA WindPower conference. Inside Renewable Energy is a weekly audio news program featuring stories and interviews on all the latest developments in the renewable energy industries.