Wind Energy Grows in 2014

Aug. 12, 2015

Installations rise as electricity costs drop to an all-time low.

The U.S. wind energy industry continues to grow according to two new reports from the DOE that show turbine installations rising and wind electricity costs dropping in 2014. The 2014 Wind Technologies Market Report verifies that power capacity grew by 8% and reached 66 GW, second in the world for installed capacity. Additionally, the renewable resource provides 4.9% of end-use electricity demand per average year and the findings note that prices are competitive with wholesale power prices and traditional power sources in many areas.

The 2014 Distributed Wind Market Report, also released by the DOE, shows that turbines in distributed applications have reached a cumulative capacity of over 90 MW – enough to provide power to around 168,000 homes. Distributed installations directly supply power to local energy grids, and the 74,000 turbines in the U.S. provide power to off-grid homes, farms, schools, and manufacturing facilities.

Interested in wind power but concerned about space? This new type of turbine could help you add renewable energy to your facility!

Voice your opinion!

To join the conversation, and become an exclusive member of Buildings, create an account today!

Sponsored Recommendations

Building Better Schools

Download this digital resource to better understand the challenges and opportunities in designing and operating educational facilities for safety, sustainability, and performance...

Tips to Keep Facility Management on Track

How do you plan to fill the knowledge gap as seasoned facility managers retire or leave for new opportunities? Learn about the latest strategies including FM tech innovations ...

The Beauty & Benefits of Biophilic Design in the Built Environment

Biophilic design is a hot trend in design, but what is it and how can building professionals incorporate these strategies for the benefits of occupants? This eHandbook offers ...

The Benefits of Migrating from Analog to DMR Two-Way Radios

Are you still using analog two-way radios? Download this white paper and discover the simple and cost-effective migration path to digital DMR radios that deliver improved audio...