Recently, the United States Cambridge Energy Consulting (HIS) said that "in the past two years, wind power equipment and installation prices have dropped by 30%, and this year has a further decline." The reduction in costs will promote the rise of the United States wind power industry. U.S. Wind Power Plant The wind power industry, like other forms of renewable energy, currently relies mainly on subsidies from the state to compete with fossil fuels. However, due to the weak US economy and cheap natural gas last year, wind power development has lagged behind. In 2010, the new wind power capacity in the United States was only half of 2009, and China jumped over the United States and became the world's largest wind power market. In 2013, the federal tax credit policy for wind power is about to expire. At present , turbine manufacturers are scrambling to find profitable projects. “If the federal tax incentives are not extended, the development of the wind power industry in 2013 is destined to slow down,†said Vic Abate, Vice President of Renewable Resources at GE. “In the past 12 months, the wind power industry has been thriving. Many projects started, wind power orders have soared, but the reality is that these booming scenes can only last until December 31, 2012.†Abate hopes that the total installed capacity of wind power in the United States will be at least equal to last year, and will increase by 20% to 30 next year. %. “Because the United States lacks policies to stimulate the development of the wind power industry, people may abandon wind power and use cheap natural gas again.†Ned Hall, president of AES, said, “Other than the United States The country's renewable energy policy is more conducive to the long-term development of the wind power industry." AES has subsidiaries in 28 countries. Although AES is a U.S. company, due to favorable foreign policies, the company's development focuses mainly on overseas markets outside the United States.