DOE: Wind power counts for 32% of new generation in 2011

The Energy Department (DOE) released a new report saying that 32 percent of all new generating capacity additions were from wind, accounting for 6,800 MW of new generation and $14 billion in new investment.

According to the 2011 Wind Technologies Market Report, the U.S. also built nearly 70 percent of the equipment installed at U.S. projects, including towers, blades, gears and generators. That number is up from 35 percent in 2005.

By the end of 2011, U.S. wind power capacity was 47 GW and has since grown to 50 GW, the report said. The country’s cumulative installed wind energy capacity grew 16 percent 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.

Wind project capital and maintenance costs continue to decline as technical innovation has helped to increase the efficiency of wind turbines. 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.

However, 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, including the Production Tax Credit (PTC).

To download the full report, click here.

Read more wind energy news

Sponsored by FLSmidth

Related Articles

Enid Event Center now powered by 100 percent wind power

The operator of the Enid Event Center says it is now powered by 100 percent renewable energy thanks to a partnership with OG&E Wind Power.

MidAmerican completes 3 more wind farms in energy project

MidAmerican Energy Company has completed work on three additional wind farms as part of an ongoing sustainable energy project.

Follow Power Engineering on Twitter
Latest News

Invenergy’s Grand Ridge Energy Storage Project enters commercial operation

Invenergy announced the start of commercial operations of its 31.5-MW Grand Ridge Energy Stor...

Invenergy announces commercial operation of Nelson Energy Center in Illinois

Invenergy Clean Power announced the start of commercial operation of its 600-MW Nelson Energy...

Eos Energy Storage secures $23M for grid-scale batteries

Eos Energy Storage announced a final closing of a $23 million Round C equity financing, suppo...

Wisconsin governor: Obama power plant rule 'unworkable'

Wisconsin Gov. Scott Walker, a Republican eyeing a presidential run in 2016, says President B...

Kansas governor signs deal on renewable energy mandates

Kansas Gov. Sam Brownback has signed a compromise between the wind energy industry and critic...

NRC may increase oversight of Pilgrim nuclear power plant

The U.S. Nuclear Regulatory Commission (NRC) may increase oversight at the Pilgrim nuclear po...

SunEdison brings 14MW of solar power to Long Island

SunEdison (NYSE: SUNE) has signed agreements with five municipal entities on Long Island to b...

New Mexico regulators delay decision on power plant

New Mexico regulators on Wednesday gave Public Service Co. of New Mexico more time to ink agr...

Power Engineering Current Issue

12/01/2014
Volume 118, Issue 12
1412pe-cover1
Products Showcase
Dynamic Fluoride Ion cleaning DFIC of industrial natural gas turbines Hi-Tech Furnace Systems

Dynamic Fluoride Ion Cleaning of IGT Parts

The Dynamic Fluoride Ion Cleaning (DFIC) Process from Hi-Tech Furnace Systems is able to clean deep, narrow cracks of oxides by cycling between negative, atmospheric, and positive pressure.

Archived Articles

2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013

Power Industry Wire News

UGE International Reports 2015 First Quarter Financial Results

UGE International Reports 2015 First Quarter Financial Results

AutoGrid Systems Is Short-Listed for the 2015 Red Herring Top 100 North America Award

AutoGrid Systems Is Short-Listed for the 2015 Red Herring Top 100 North America Award

2015 Bakken Conference Announces Pre-Conference Agenda With Special Presentation: "Bakken Workforce Update"

2015 Bakken Conference Announces Pre-Conference Agenda With Special Presentation: "Bakk...

MCW Energy Group to Present Its Corporate Story at LD Micro Conference in Los Angeles, Wednesday, June 3rd, 2015

MCW Energy Group to Present Its Corporate Story at LD Micro Conference in Los Angeles, ...

Orbital Tracking Corp. Appoints Lieutenant Commander Hector J. Delgado to Board of Directors

Orbital Tracking Corp. Appoints Lieutenant Commander Hector J. Delgado to Board of Dire...

Power Engineering

Article Archives for Power Engineering Magazine

Continuing Education

Professional Development Hours

To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

Latest Energy Jobs

View more Job Listings >>