Here's a recap from the AWEA Regional Energy Summit from the perspective of California's wind energy business and California development.

1. AWEA Regional Wind Energy
Summit
A Recap Focused on California
La Jolla, CA / January 14, 2013
Recap by Liston Witherill

2. The Big Idea of the Day
California’s RPS requirement
has succeeded. No need for
additional contracts.
Chart by CPUC Commissioner Catherine Sandoval

3. Anecdotes Support It Too
Consultants working to install meteorological towers, a
leading indicator of wind development, have seen a
slowdown in new installations.
Prominent wind developers like EDF Renewables
are now focusing their efforts on the solar markets.

4. More Bad News
Despite Production Tax Credit renewal, it is only for 12
months and a new mechanism is needed. Energy
demand is flat. RPS is mostly met. Competition is
putting downward pressure on prices.
Where’s the good news?

5. New Financing Options
MLPs and REITs – traditionally used as finance vehicles for real estate
and non-renewable energy – could be applied to renewables. There
is currently bipartisan support in Congress.

6. Infrastructure Modernization: Needed
Western states will spend
$200 Billion over next 20 years
to modernize infrastructure
Source: Clean Energy Vision

7. In Summary
// California wind development is on hold /
/ New financing mechanisms could make further development
feasible /
/ Investment in energy infrastructure will be the focus until new
financing mechanisms are in place //