jakncoke
09-12-2008, 09:02 AM
11 September 2008 -- The U.S. wind industry has doubled its generating capacity over the past two years, exceeding 20,000 MW in installed capacity, according to the American Wind Energy Association.
The wind industry trade group said September 3 that U.S. installed wind capacity is now at 20,152 MW. The industry hit the 10,000-MW milestone in August 2006, just over two years ago, which means that the industry grew as much over the past two years as it did in the previous two-and-a-half decades.
AWEA expects more than 7,500 MW of wind power capacity to be installed in 2008, bringing the total U.S. wind capacity to more than 24,000 MW by the end of the year.
However, the looming expiration of federal tax credits at the end of the year could cause the industry's growth spurt to sputter in 2009.
A recent report from BCC Research suggests that the U.S. wind industry is poised for further rapid growth.
With an estimated market value of $11.2 billion in 2008, the industry is projected by BCC to grow to $60.9 billion in 2013, clocking a compound annual growth rate of 40 percent.
that's good, I think. dunno how much significance this is in the total power grid but doubling is showing they are at least trying to shed us from pollution monsters
The wind industry trade group said September 3 that U.S. installed wind capacity is now at 20,152 MW. The industry hit the 10,000-MW milestone in August 2006, just over two years ago, which means that the industry grew as much over the past two years as it did in the previous two-and-a-half decades.
AWEA expects more than 7,500 MW of wind power capacity to be installed in 2008, bringing the total U.S. wind capacity to more than 24,000 MW by the end of the year.
However, the looming expiration of federal tax credits at the end of the year could cause the industry's growth spurt to sputter in 2009.
A recent report from BCC Research suggests that the U.S. wind industry is poised for further rapid growth.
With an estimated market value of $11.2 billion in 2008, the industry is projected by BCC to grow to $60.9 billion in 2013, clocking a compound annual growth rate of 40 percent.
that's good, I think. dunno how much significance this is in the total power grid but doubling is showing they are at least trying to shed us from pollution monsters