Wind Tax Production Credit Extension Good Business for Duluth Harbor

By KBJR News 1

January 4, 2013 Updated Jan 4, 2013 at 8:28 PM CDT

Duluth, MN (NNCNOW.com) - Both were set to expire on December 31st, but were renewed as part of the fiscal cliff deal.

Officials with the Duluth Seaway Port Authority say the one–year extension will actually go into 2014 for wind projects as long as they're initiated in 2013.

The Duluth harbor saw a significant surge in wind turbine cargo this summer, and officials are optimistic that another surge will follow with the extension.

"Maybe we'll see some of that traffic pick up again mid–summer and fall in 2013, and again, may that bode well—along with the climate for additional grain shipments next year," said Adele Yorde, with the Duluth Seaway Port Authority.

According to Environment Minnesota, wind powers nearly 13 million homes nationwide.