Connect with us

Hi, what are you looking for?

CleanTechnica

Clean Power

US Wind Energy Tops New Electric Capacity In 2015

The US wind energy industry installed more electric generating capacity in 2015 than any other electricity source.

The news comes via the American Wind Energy Association, the country’s wind energy trade body, which revealed that the US installed 8.6 GW of new wind energy capacity in 2015, accounting for 35% of all new generating capacity, surpassing the 7.3 GW worth of new solar PV installed and the 6 GW installed by natural gas. The figures themselves come by way of the 2016 Factbook published by the Business Council for Sustainable Energy (BCSE) and Bloomberg New Energy and Finance (BNEF).

“Wind’s growth is being propelled by cost reductions of two-thirds over the last six years, which now makes wind the lowest-cost source of new generation,” said Tom Kiernan, CEO of the American Wind Energy Association (AWEA), at the annual winter meeting of the National Association of Regulatory Utility Commissioners (NARUC), in the Renaissance Hotel, Washington, DC.

“It’s one of the biggest, fastest, cheapest ways we can reduce US carbon emissions, and the low-cost solution for power sector reductions. Utilities and other purchasers are turning to wind energy also because it provides stably-priced energy with no fuel price risk, and protects consumers by creating a more diverse energy portfolio.”

The AWEA also believes that the wind energy industry in the US is going to continue its trend of strong growth in 2016, with 9.4 GW currently under construction and an additional 4.9 GW in advanced stages of development. This growth will also be boosted by the renewal of the US Production Tax Credit, which was renewed by Congress late 2015.

“With long-term policy certainty in place, wind power is ready to keep this American success story going,” said Mike Garland, CEO of Pattern Energy and current AWEA Board Chair. “Further investments in our technology will enable utilities to cut costs and pass on the savings to American homeowners and businesses.”

 
Appreciate CleanTechnica’s originality and cleantech news coverage? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.
 

Don't want to miss a cleantech story? Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!
 

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Advertisement
 
Written By

I'm a Christian, a nerd, a geek, and I believe that we're pretty quickly directing planet-Earth into hell in a handbasket! I also write for Fantasy Book Review (.co.uk), and can be found writing articles for a variety of other sites. Check me out at about.me for more.

Comments

You May Also Like

Clean Power

Miracles do happen: West Virginia policy makers prep for a renewable energy future including a just transition to green jobs.

Clean Power

Arkansas is deploying its natural solar power resources for a green recovery, with an assist from GM and First Solar.

Clean Power

Small wind turbines are the focus of a push to grow the distributed wind sector in the US, with help from the Energy Department.

Clean Power

The 419 MW Mesquite Star wind farm was just completed in Fisher County, Texas, and is now providing electricity for Ecolab, Lowe’s, Intuit, and...

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.