According to the2011 Wind Technologies Market Report, Oregon is one the country’s largest and fastest growing wind markets. The report finds that in 2011, Oregon installed 409 megawatts (MW) of new wind power capacity, bringing its total to over 2,500 MW. With this capacity, Oregon can generate 10.5 percent of its electricity from wind energy, ranking sixth among all U.S. states.
The U.S. wind sector grew substantially during 2011, a trend that is expected to continue until the end of this year, according to a new report by the Department of Energy. Lingering uncertainty over the fate of federal incentives for renewable energy, however — primarily the production tax credit and investment tax credit for renewable energy, both set to expire in December — could see that growth decline severely in only a matter of months, the document notes.
As the debate over wind energy subsidies heats up the campaign trail, the Department of Energy today released a report showing that stable policy support has boosted wind installations and manufacturing in recent years and arguing that expiration of a key tax credit could spell doom for the industry next year.
According to the 2011 Wind Technologies Market Report, Iowa is one the country’s largest and fastest growing wind markets, ranking second among all U.S. states in percentage of in-state electricity generation from wind power. The report finds that in 2011, Iowa installed 647 megawatts (MW) of new wind power capacity, bringing its total to over 4,300 MW, or enough to power about 1 million homes. With this installed capacity, Iowa can generate about 20 percent of its electricity from wind energy.
All the huff and puff on the campaign trail in Iowa aside, it’s likely that the wind energy tax credit will pass this fall, Iowans who follow the issue say. It’s a topic that Iowa voters typically don’t bring up. But President Barack Obama loves to talk about it because it gives him an opening to bash GOP rival Mitt Romney for being opposed to an incentive that all of Iowa’s top politicians consider important.
Vestas Wind Systems, the world’s largest wind- turbine maker, said Monday a weakening market is forcing it to cut about 20 percent of the 450 jobs at its tower factory in Pueblo. The soft market is a result of Congress not renewing the federal wind-production tax credit, which is set to expire in December, Aarhus, Denmark-based Vestas said in a statement.
The Obama Administration is calling for continued government support of wind energy, touting a new report showing that it accounted for nearly a third of new electric capacity added in the United States last year. A report released Tuesday by the Department of Energy says the U.S. wind power industry is “facing uncertain times,” growing strongly but confronting the possibility of an expiring tax credit that would deal it a severe blow.
The U.S. wind sector grew substantially during 2011, a trend that is expected to continue until the end of this year, according to a new report by the Department of Energy.
Ben Paulos and his colleagues at the Energy Foundation commissioned this video on the integration of wind and solar into the grid. It’s very well done.
Officials in the offshore wind industry are cheering a series of moves by Congress and federal agencies that have raised hopes that wind farms could soon sprout in U.S. waters. While construction of the first turbines off the Eastern Seaboard is likely years away, industry officials say the Senate Finance Committee’s decision this month to extend the investment tax credit, combined with continued approvals of projects and lease areas from federal agencies, has sent a strong signal to potential investors.