Spain's Gamesa Corporacion Tecnologica SA (GAM.MC), the world's second-largest wind power turbine producer, doesn't anticipate a pickup in U.S. demand of turbines before next year, Chairman Jorge Calvet said Friday.
Spain
's
Gamesa Corporacion Tecnologica SA (GAM.MC), the world's second-largest wind
power turbine producer, doesn't anticipate a pickup in
U.S.
demand of turbines before next year, Chairman Jorge Calvet said Friday.
"I see the light at the end of the tunnel. The perception is changing, but
I can't see a clear bounce this year," he said during a meeting with
reporters.
The
U.S.
is
the world's second largest wind power market after
China
, but
demand there has been flat for the last two years due to the lack of a clear
regulatory framework, a drop in electricity demand and low natural gas prices.
"We see there are more active talks in
Washington
now" on the renewable energy sector, Calvet added. "That's why I
think we will have news over the summer, in any case before year end."
The Obama administration has vowed to push
U.S.
renewable energy output to 20% of the total, and it has been pushing Congress
to get a new energy bill approved, with added incentives for the sector. The bill
was already approved by the House of Representatives, but has been stuck for
months in the Senate.
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