The World's #1 Renewable Energy Network for News, Information, and Companies.

Q3 Report: Rebounding U.S. Wind Industry Stays Ahead of Sluggish 2010

According to a report released this week, the U.S. wind industry installed more than 1,200 megawatts (MW) in the third quarter of 2011 as the industry continues to benefit from the federal Production Tax Credit.

The American Wind Energy Association’s quarterly report shows a significant jump in installations over the same period last year, when 671 MW were added in the third quarter. The 2011 third quarter installation numbers, though, remain below those from 2008 and 2009.

The U.S. wind industry now has 3,360 MW installed so far this year, and there are more than 8,400 MW under construction. The year-to-date installation numbers in megawatts is 75 percent higher than at the same point last year.

The recent figures, says AWEA, indicate that 2011 will finish somewhere between the industry’s high point of 2009 and the recent dip in 2010 that came amid turmoil in federal tax policy.

In a written statement, AWEA CEO Denise Bode, said policy uncertainty has many developers wary of scheduling projects for 2013, which is starting to threaten the U.S. wind energy supply chain.

“We could lose all these consumer benefits and a brand new, growing manufacturing sector if Congress allows the Production Tax Credit to expire,” said Bode about the credit that is due to expire at the end of 2012.

Bode said she’ll be asking lawmakers, “Do you want to raise rates on consumers in a bad economy by raising taxes on wind? Do you want to be the one to say that we just shut down a new manufacturing sector, and an industry that could support 500,000 jobs in less than 20 years, just as it was getting a foothold in the U.S. market?”

Other key figures

  • In the third quarter of 2011, Colorado installed the most new wind capacity, with 501 MW; then Minnesota with 103 MW; Oklahoma with 130 MW; West Virginia with 98 MW; and Texas rounding out the top 5 states with 88 MW.
  • Significant under-construction numbers were reported in numerous states: More than 1,200 MW are under construction in California; more than 800 MW in in Oregon; over 700 MW in Oklahoma and Iowa; and over 600 MW in Illinois, Kansas, and Washington.
  • The 8,400 MW under construction represents one of the largest under construction figures since the height in 2008.
  • The U.S. wind industry now totals 43,461 MW of cumulative wind capacity, accounting for 3 percent of the nation’s electricity through July.

RELATED ARTICLES

Rooftop Solar Panels

Hypocrisy? While Buffett Champions Renewables, His Company Fights Rooftop Solar

Mark Chediak, Noah Buhayar and Margaret Newkirk, Bloomberg Warren Buffett highlights how his Berkshire Hathaway Inc. utilities make massive investments in renewable energy. Meanwhile, in Nevada, the company is fighting a plan that would encourage more residents to use green power.
Renewable Energy Finance

Clean Energy ETFs Are on a Tear

Eric Balchunas, Bloomberg Green investing used to be synonymous with losing money. But while the S&P 500 Index is up 2 percent this year, and the MSCI All-Country World Index is up 5 percent, clean energy ETFs have double-digit re...

Wheels, Towers and Trees: Unconventional Renewable Energy Technologies in the Pipeline

Andrew Williams, International Correspondent A number of companies around the world are developing novel technologies in an effort to grab a slice of the global renewable energy market.  Although many of these technologies are simple incremental improvements to e...
UK Parliament Clean Energy Leaders

UK Government Names Clean Energy Cabinet Members

David Appleyard, Contributing Editor With the UK general election now over and a majority Conservative Party government in place, the re-elected Prime Minister David Cameron has now named key members of the government charged with steering the UK’s clean energ...
Renewable Energy World's network editors help deliver the most comprehensive news coverage of the renewable energy industries. Based in the U.S. and the UK, the team is comprised of editors from Pennwell Corporation's myriad of publications that ...

CURRENT MAGAZINE ISSUE

03/01/2015
Volume 18, Issue 3
file

STAY CONNECTED

To register for our free
e-Newsletters, subscribe today:

SOCIAL ACTIVITY

Tweet the Editors! @megcichon @jennrunyon

FEATURED PARTNERS



EVENTS

Doing Business in Brazil – in partnership with GWEC, the Global Win...

Brazil is one of the most promising markets for wind energy.  Ranke...

Energy Storage USA 2015

Energy Storage USA is the leading conference in the United States focuse...

Wind Power Central America

Wind power projects are expected to reach 46GW of total installed capaci...

COMPANY BLOGS

SunEdison Expands Residential Market Offerings with New PPA, Sales ...

SunEdison has largely focussed on the commercial and utility-scale solar...

Deadline for Inclusion in Solar Power World's Top Solar Contractors...

UPDATE: The official deadline for the Solar Power World T...

Are You Ready for a Natural Disaster?

Guest post by Jenna Clarke  Living in the Shenandoah Valley of Virg...

NEWSLETTERS

Renewable Energy: Subscribe Now

Solar Energy: Subscribe Now

Wind Energy: Subscribe Now

Geothermal Energy: Subscribe Now

Bioenergy: Subscribe Now  

 

FEATURED PARTNERS