Wind energy industry in the US shows great promise

Wind Energy - Wind Turbines in USA

New analysis highlights the economic impact on the wind energy industry Navigant Consulting has released a new analysis of the wind energy industry in the United States. The analysis shows that the wind sector is set to have a major economic impact in the country. This is despite concerns regarding federal energy policy. Advocates of clean power have expressed worry that the federal government will show less support for wind energy in the coming years. This is due to the promises made by the Trump Administration to reduce regulations on…

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EDF Renewable Energy opens a new wind energy system

Wind Energy Industry

New wind farm can produce enough energy to power 78,000 homes EDF Renewable Energy has launched a new wind energy project 60 miles southwest of Chicago. The new project is comprised of 92 wind turbines that have been developed by Vestas. The Energy Information Administration believes that the project will be capable of generating enough electricity to power 78,000 average homes. An estimated 474,000 metric tons of carbon emissions are expected to be displaced by the project, comparable to removing 100,000 passenger vehicles from the road. Electricity from the wind…

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Voters are showing strong support for wind energy

Wind power continues to prove favorable among consumers Support for wind energy among voters in the United States continues to grow, according to the American Wind Energy Association (AWEA). The organization has reported that 70% of registered voters throughout the country have a favorable outlook on wind power. AWEA commissioned a poll from research firm SSRS in order to gauge interest in wind power among consumers. The poll found that support for this form of renewable energy continues to grow despite some environmental concerns. Poll shows that many voters continue…

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Wind energy reaches a new milestone in the United States

Organization shows that the wind sector has broken energy generation records The wind sector reached a new milestone in the United States last year, according to the American Wind Energy Association. The organization has released information that shows that the wind sector produced 4.7% of the country’s electricity in 2015. By comparison, coal produced 33% of the country’s electrical power, with natural gas falling only slightly behind. The wind sector has been growing quickly, benefiting from federal initiatives that have supported the development of various wind projects throughout the country….

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Wind energy attracts more than $128 billion in investments in the US

The wind sector has become a very powerful force for the US economy Wind energy projects have had a beneficial impact on the United States economy, according to a report from the American Wind Energy Association (AWEA). The report shows that new wind farms have added an estimated $13 billion to the U.S. economy every year over the past five years. Over the past decade, some $128 billion has been added to the economy thanks to wind farms that have taken form throughout the country. AWEA notes that wind power…

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Wind energy saw impressive growth in 2015

AWEA shows that wind power accounted for majority of new energy capacity installed in 2015 Wind energy accounted for the most new electric generating capacity in 2015, according to the American Wind Energy Association (AWEA). Wind power surpassed other forms of clean energy in terms of newly installed capacity. One of the reasons for this may be because wind developers had scrambled to ensure that their projects would be supported by the federal government before this support disappeared. At the end of 2015, federal lawmakers opted to ensure that the…

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Wind energy sets new record in the US

Wind capacity now produces 70 GW of electrical power Wind energy has set a new electrical generation record in the United States, according to data from the American Wind Energy Association. The data shows that the country’s wind capacity can now generate enough energy to power a record setting 19 million homes. The U.S. now has some 70 gigawatts of installed wind capacity. As such, 2015 may go down as the year wherein wind power has managed to establish a significant foothold in the country. Federal tax credits will ensure…

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Renewal of the Production Tax Credit a boon for the wind energy industry

Congress has approved the extension of the Production Tax Credit The U.S. Congress has approved the extension of the Production Tax Credit, which provides strong support for the wind energy sector. The decision has gained praise from various organizations, including the American Wind Energy Association, which suggests that the Production Tax Credit will ensure that the wind industry continues to experience strong growth. The extension of the Production Tax Credit was part of a spending package that won support from both the House of Representatives and the Senate. Lack of…

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Offshore wind energy is gaining momentum in the United States

U.S. continues to lag behind other countries in terms of offshore wind capacity The United States has established itself as a leading power in onshore wind energy. According to a recent report from the American Wind Energy Association, there are more than 49,800 wind turbines installed throughout the country, producing some 69,471 megawatts of electrical power. While the country has become a leader in wind energy, it is lagging behind in the offshore wind sector. Other countries have already launched large-scale offshore wind projects and the U.S. may be able…

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Wind energy could be a boon for Illinois

Data suggests that expanding wind power in Illinois could have major benefits for the state Homeowners and businesses in Illinois may be able to save money if wind energy continues to grow in the state. The American Wind Energy Association and the Wind Energy Foundation have released data that suggests that wind resources may become a financial boon for many in Illinois. The data also shows that wind energy is gaining more support throughout the U.S., especially when it comes to offshore projects that have high potential for energy production….

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Wind energy makes progress in Ohio

Ohio is becoming a bastion for wind energy Wind energy is making promising progress in Ohio. A new report from the American Wind Energy Association shows that wind energy investments have been growing steadily in the state since 2008. These investments have helped bring many wind projects to life, increasing the electrical power generated from wind significantly over the past few years. The growth of wind energy has brought benefits to the state’s economy through the creation of new jobs and the reduced consumption of fossil-fuels. Investments are on the…

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American Wind Energy Association proposes to phase out Production Tax Credit

Wind Energy - Hydrogen Fuel

American Wind Energy Association aims to get rid of the Production Tax Credit, eventually The U.S. has shown strong support for wind energy over the past several years, but the country is currently debating the justification for extending the Production Tax Credit, which provides wind energy companies and their assorted projects with tax breaks. The American Wind Energy Association is a strong supporter of the Production Tax Credit, but the organization is well aware of the financial implications of the country’s continued support of wind energy. The organization has proposed…

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Wind energy industry braces for expiration of Production Tax Credit

Wind Energy Industry Tax Credit Deadline

Wind energy industry may soon lose support of Production Tax Credit The U.S. wind energy sector is in danger of losing a strong tax credit from the federal government due to congressional inaction. The Production Tax Credit, as it is called, is a major factor in the growth and success that the wind energy industry has seen in recent years. Backed by this tax credit, U.S. wind energy capacity has exceeded 50,000 megawatts, which is enough to power more than 13 million average homes. A congressional stalemate may put an…

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Wind energy produces energy equal to 11 nuclear power plants in the U.S.

Wind Energy Systems - Wind Turbines

Report shows wind energy has reached a significant milestone The American Wind Energy Association (AWEA), a trade organization concerning wind energy in the U.S., has released a new report regarding the state of the wind industry in the country. Wind energy has been growing in popularity in the U.S., attracting strong support from both federal and state governments. As with other forms of renewable power, wind energy has managed to gain this support through its economic potential. The AWEA report shows that the amount of electricity generated through the country’s…

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American Wind Energy Association report shows growth in the U.S.

Wind Energy - Wind Farms

The American Wind Energy Association has released its Annual Market Report for the year of 2011. The report highlights many of the trends that emerged in the U.S. wind energy market last year. Many of these trends brought about promising growth throughout the industry and spurred a degree of market certainty, which produced a “positive feedback loop.” This market phenomenon allowed states to produce wind-generated electricity at high levels without having to spend excessive amounts of money to do so. The report shows that the wind power industry has had…

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