Industry Featured Articles
Friday, March 23 2018
By Hannah Hunt, Senior Research Analyst, American Wind Energy Association
You might not realize it, but the days of wind power occupying a niche space in the American electricity market are long gone. Today wind is a mainstream, integral part of our energy economy.
Forty-one states now boast utility-scale wind farms, and the U.S. has enough installed wind capacity to power over 26 million American homes. Last year, wind passed hydropower dams to become America’s largest source of renewable energy by installed capacity, and it is expected that wind will surpass conventional hydropower in generation this year too. Utilities and Fortune 500 companies alike increasingly turn to wind to meet their energy needs, which translates to job creation and economic investment for communities across the country.
Monday, March 27 2017
By John Hensley, Deputy Director of Industry Data Analysis, AWEA
American wind power has reached a historic milestone: it is now the largest source of renewable energy in the U.S. by installed generating capacity, with enough nameplate capacity to power 24 million American homes. Wind’s growth has brought enormous benefits to the economy, sped up the path to energy independence and revitalized U.S. manufacturing. Here’s a look at how we got here.
Wind Power Drives Job Growth
Many of these jobs are in the Rust Belt and interior of the country, bringing new opportunities to the areas where they are needed most. For example, Ohio leads the nation in wind manufacturing with over 60 plants, while Pennsylvania, Wisconsin and Michigan boast 26 a piece. Meanwhile, in Texas, the country’s leader in installed wind capacity with over 20,000 megawatts (MW), 38 factories churn out wind parts and there are over 22,000 wind jobs.
Wednesday, March 16 2016
By Tom Kiernan, CEO AWEA
Falling costs, favorable long-term policy certainty and a diverse group of customers are creating a watershed moment for U.S. wind energy. Wind is rapidly becoming America’s fastest-growing source of electricity, acting as a leading carbon-cutting solution for our nation’s power grid.
The five-year extension in December of the renewable energy Production Tax Credit and alternative Investment Tax Credit will allow American wind power to continue its recent record of success. The incentives have spurred technological advances and improved domestic manufacturing, so wind-generated electricity now costs two-thirds less than it did just six years ago. The renewal of the tax credits means U.S. wind now has a business environment primed for expansion through the 2020s, when the new Clean Power Plan will kick in and require further carbon cutting, for which wind is the low-cost solution.
Wednesday, March 18 2015
By Carl Levesque, Clean Energy Communications Consultant
Wind energy, mainstream in the United States for many years and still on a steep growth curve, has a new source of appeal. Over the past five years, its cost has dropped an impressive 58 percent, according to the September 2014 report, “Lazard’s Levelized Cost of Energy Analysis.”
As a result of continued technological improvement and domestic manufacturing, Wind has become one of the most affordable sources of electricity today in the U.S., and one of utilities’ leading choices for new generation. Since 2008, over $100 billion in private investment has flowed into the U.S. Wind industry making it a major economic contributor.