The U.S. wind trade reported 29,634 MW of technology capability was beneath development or in superior growth on the finish of the third quarter of 2017, in keeping with the American Wind Energy Association’s (AWEA) U.S. Wind Industry Third Quarter (Q3) 2017 Market Report launched October 26. The 29,634 MW is unfold throughout 149 initiatives in 32 states.

“The excessive stage of wind beneath development and in superior growth exhibits we’re on observe to ship 10 % of America’s electrical energy by 2020, together with $85 billion in financial exercise and 50,000 new jobs,” Tom Kiernan, CEO of AWEA, stated in an AWEA launch.

An further 3040 MW of deliberate wind capability was introduced throughout Q3, and 1,337 MW of energy buy agreements had been signed.

“Project builders put in 534 MW in the course of the third quarter, bringing year-to-date installations to 2,892 MW. There are actually 84,944 MW of put in wind capability within the United States,” the report says. Three corporations are chargeable for 98% of those installations: GE Renewable Energy, Siemens Gamesa Renewable Energy, and Vestas.

Building on trade traits, a lot of the trade exercise in Q3 occurred within the Midwest, adopted by Texas, the Mountain West states, and the Plains states.

Other fascinating outcomes of the evaluation embody:

  • Corporate clients signify 62% of complete challenge capability contracted in the course of the third quarter (823 MW). Anheuser-Busch, Cummins, JPMorgan Chase, and Kimberly-Clark all signed U.S. wind PPAs for the primary time. Non-utility clients have signed greater than 6,460 MW of PPAs traditionally to this point;
  • Virginia has a wind challenge in superior growth for the primary time, with Dominion’s announcement to companion with DONG Energy to develop and personal the two-turbine, 12 MW Coastal Virginia Offshore Wind challenge. When accomplished, Virginia will develop into the 42nd state with utility-scale wind capability;
  • Four states commissioned a complete of 5 initiatives (534 MW) in the course of the third quarter. Texas led with 402 MW, adopted by Indiana (100 MW), New Mexico (30 MW), and California (2 MW);
  • Texas continues to steer the nation with 21,450 MW of put in capability, greater than triple the put in capability of some other state;
  • New Mexico surpassed Pennsylvania in state rankings in the course of the third quarter, shifting to 16th place;
  • Given development exercise, Oklahoma is on tempo to overhaul Iowa to develop into the second-ranked state in put in capability by the tip of 2017; and
  • Illinois led the nation with 212 MW in new development exercise, adopted by Oregon (202 MW) and Texas (148 MW).

“Wind energy’s worth to traders, utilities and company purchasers is obvious: fixed-cost clear vitality at aggressive costs,” Kiernan stated.

 

Abby L. Harvey is a POWER reporter.

The publish Wind Industry Shows Significant Growth, AWEA Market Report Says appeared first on POWER Magazine.





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