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Wind power gets boost in budget deal

By Lauren Lawley Head

The Renewable Electricity Production Tax Credit was among those spared in the federal budget deal, welcome news to Texas' sizable wind energy industry.

According to the public media project StateImpact, Texas -- the largest wind energy producing state -- set a record for wind power generation Dec. 25, when more than 25 percent of the state's power came from wind.

Bloomberg offers an overview of the tax breaks included in the package here.