Industry News




08/15/2012

U.S. Wind Energy Production Grows

 
The U.S. is rapidly moving into the wind turbine industry and embracing it as a renewable energy option.

The Energy Department has released a new report highlighting strong growth in the U.S. wind energy market in 2011, increasing the U.S. share of clean energy and supporting tens of thousands of jobs, and underscoring the importance of continued policy support and clean energy tax credits to ensure that the manufacturing and jobs associated with this booming global industry remain in America. 

According to the 2011 Wind Technologies Market Report, the United States remained one of the world’s largest and fastest growing wind markets in 2011, with wind power representing 32% of all new electric capacity additions in the United States last year and accounting for $14 billion in new investment.  According the report, the percentage of wind equipment made in America also increased dramatically.  Nearly 70% of the equipment installed at U.S. wind farms last year – including wind turbines and components like towers, blades, gears, and generators - is now from domestic manufacturers, doubling from 35% in 2005. 

The report finds that in 2011, roughly 6,800 megawatts (MW) of new wind power capacity was added to the U.S. grid, a 31% increase from 2010 installations.  The United States’ wind power capacity reached 47,000 MW by the end of 2011 and has since grown to 50,000 MW, enough electricity to power 13 million homes annually or as many as in Nevada, Colorado, Wisconsin, Virginia, Alabama, and Connecticut combined. The country’s cumulative installed wind energy capacity grew 16% from 2010, and has increased more than18-fold since 2000.  The report also finds that six states now meet more than 10 percent of their total electricity needs with wind power.

The growth in the industry has also led directly to more American jobs throughout a number of sectors and at factories across the country.  According to industry estimates, the wind sector employs 75,000 American workers, including workers at manufacturing facilities up and down the supply chain, as well as engineers and construction workers who build and operate the wind farms.

Technical innovation allowing for larger wind turbines with longer, lighter blades has steadily improved wind turbine performance and increased the efficiency of power generation from wind energy.  At the same time, wind project capital and maintenance costs continue to decline, driving U.S. manufacturing competitiveness on the global market. For new wind projects deployed last year, the price of wind under long-term power purchase contracts with utilities averaged 40 percent lower than in 2010 and about 50 percent lower than in 2009, making wind competitive with a range of wholesale power prices seen in 2011.

Despite these recent technical and infrastructure improvements and continued growth in 2012, the report finds that 2013 may see a dramatic slowing of domestic wind energy deployment due in part to the possible expiration of federal renewable energy tax incentives. The Production Tax Credit (PTC), which provides an important tax credit to wind producers in the United States and has helped drive the industry’s growth, is set to expire at the end of this year. The wind industry projects that 37,000 jobs could be lost if the PTC expires. Working in tandem with the PTC, the Advanced Energy Manufacturing Tax Credit provides a 30% investment credit to manufacturers who invest in capital equipment to make components for clean energy projects in the United States.

 


Visit our website today to learn about the design flexibility of a Morton building and the endless possibilities of partnering with our designBUILD team.


Wood construction is both cost and energy efficient. Check out Morton Buildings and our designBUILD team online today to discover all the benefits of post-frame construction.

When choosing a metal-clad building for your next construction project, consider Morton Buildings, Inc., and their designBUILD team, we’ll make your dream a reality. 

We Can Help You Reduce Energy by 30%

Our mission is to help our customers manage their buildings' energy costs, improve reliability, and enhance performance while having a positive impact on the environment.
CLICK HERE to find out how.


Visit our website today to learn about the design flexibility of a Morton building and the endless possibilities of partnering with our designBUILD team.


Wood construction is both cost and energy efficient. Check out Morton Buildings and our designBUILD team online today to discover all the benefits of post-frame construction.

When choosing a metal-clad building for your next construction project, consider Morton Buildings, Inc., and their designBUILD team, we’ll make your dream a reality. 

We Can Help You Reduce Energy by 30%

Our mission is to help our customers manage their buildings' energy costs, improve reliability, and enhance performance while having a positive impact on the environment.
CLICK HERE to find out how.


 
comments powered by Disqus
07/30/2015

Commercial and industrial customers find value in retail power choices.

07/29/2015

Survey shows large increase in EMS usage.

07/28/2015

Remediating abandoned facilities shown to improve surrounding area.

07/27/2015

Survey shows pests can decrease perceived value of hospitality facilities.

07/24/2015

Nearly 25% of workers don’t know proper safety procedures for emergency situations.

07/23/2015

Better Buildings Challenge to help FMs replace troffer fixtures for efficiency improvements.

07/22/2015

Environmentally friendly buildings can improve occupant wellbeing. 

07/21/2015

Performance ratings now available for thermal, weather, and air barriers.

07/20/2015

Survey finds over half of employees are frequently unhappy with office temperature.

07/17/2015

State stays on track to achieve greenhouse gas reduction target.

07/16/2015

Lighting, acoustics rated as top concerns.

07/15/2015

Study shows health risks to long periods of standing.

07/14/2015

Social media giant selects wind energy.

07/13/2015

Global capacity increases to 1,712 GW.

07/10/2015

Mass killings may inspire similar acts of violence.

07/09/2015

Regulation will reduce waste, improve use of sustainable products.

07/08/2015

Alternative certification path to improve sustainability in California buildings.

07/07/2015

Development could improve solar capacity, storage.

07/06/2015

Regulation will reduce GHG emissions, incentivize the use of greener refrigerants.

07/02/2015

Sustainable parking leaders recognized.

Page 1 of 55
FirstPrevious[1]2345678910NextLast

Sponsored Links