AWEA Releases Annual Wind Energy Outlook
The American Wind Energy Association (AWEA) announced that wind capacity in the U.S. increased by 27% in 2006 and expects it to grow by an additional 26% in 2007. AWEA attributes the strong growth to increasing increasing demand for clean, domestic energy, and the increasing participation of and private and public sources of capital. The U.S. wind energy industry installed 2,454 megawatts (MW) of new generating capacity in 2006, an investment of approximately $4 billion, making it the second largest source of new power generation in the country – second only to natural gas – for the second year in a row. New wind farms boosted cumulative U.S. installed wind energy capacity by 27 percent to 11,603 MW, well above the 10,000-MW milestone reached in August 2006. One megawatt of wind power produces enough electricity to serve 250 to 300 homes on average each day. Wind energy facilities currently installed in the U.S. produce enough electricity to serve 2.9 million American homes. The industry outlook also finds: § Texas accounted for nearly a third of the new wind power installed in 2006, taking over the lead from California in cumulative installed capacity. Texas hosts the world’s single largest operating wind […]