The U.S. wind industry continues to gain power with 5,001 MW installed during the 4th quarter of 2015 – more installations than all of 2014. In 2015 there was 8,598 MW was installed, a 77 percent increase over 2014. U.S. Wind Industry Fourth Quarter 2015 Market Report, published by the American Wind Energy Association (AWEA), finds strong market activity is expected to continue. Going in to 2016, 9,400 MW were under construction.
“The data released today show 2016 presents an extraordinary opportunity for American wind power,” said Tom Kiernan, CEO of the American Wind Energy Association (AWEA). “The time has never been better for states and utilities to lock in low-cost, stably-priced wind energy to achieve their Clean Power Plan carbon reductions. Wind energy is on track to supplying 20 percent of the country’s electricity by 2030.”
Wind installations during the fourth quarter of 2015 represent the second strongest quarter ever recorded with total installations across 2015 trailing only 2009 and 2012. Combined there is now 74,472 MW of installed wind capacity in the U.S. and more than 52,000 operating wind turbines.
“Low-cost, stably-priced wind energy is a ‘no-regrets’ solution for states and utilities looking for the best way to meet the Clean Power Plan,” added Kiernan. “Texas ranchers and Iowa farmers know wind power costs one-third as much as it did six years ago. Analysis by the Energy Information Administration confirms that wind energy will make up the majority of states’ lowest-cost Clean Power Plan strategy.”