Consumer demand drives record year for wind energy purchases
It’s a wrap for 2018, and the numbers show a great year for American wind power. AWEA’s U.S. Wind Industry Fourth Quarter 2018 Market Report reveals that consumer demand combined with policy stability and low, stable prices helped wind power capacity installations rise to the third strongest quarter in the industry’s history. Another big highlight—demand from corporate buyers hit an all-time high in 2018.
Here are some of the top takeaways from this quarter’s report:
THE U.S. WIND INDUSTRY HAD ITS THIRD STRONGEST QUARTER ON RECORD
American workers installed 5,944 MW of new wind capacity during the fourth quarter, enough to power all of the homes in Colorado. A total of 47 new wind projects across 17 states came online during the last three months of 2018, and overall, developers added 7,588 MW of new wind last year. That’s up 8 percent from 2017. There are now 96,488 MW of wind power installed across 41 states, enough to power 30 million American homes.
20 STATES ADDED NEW WIND PROJECTS IN 2018
As usual, Texas led in installations for the year with 2,359 MW, followed by Iowa, Colorado, Oklahoma, and Nebraska. Texas continues to lead the nation with nearly 25 gigawatts (GW) of total installed wind capacity and would now be ranked fifth in the world if it were a country.