Tuesday, May 08, 2018

U.S. Wind Energy Demand Surges

Wind powder (Credit: oilprice.com) Click to Enlarge.
Strong demand for wind power has boosted the development projects in United States to new heights.

The pipeline of wind farms under construction or in advanced development in the United States exceeded 30 gigawatts in the first quarter of 2018, a 40-percent surge over Q1 2017, the American Wind Energy Association (AWEA) said in a new report.

Across the U.S., a total of 36 wind projects of a combined 5,523 MW announced that they either began construction or entered advanced development, AWEA said in its U.S. Wind Industry First Quarter 2018 Market Report.

The newly announced developments in Q1 boosted the total development pipeline of wind projects to 33,449 MW, up by 40 percent over the first quarter of 2017 and the highest level since this statistic was first measured at the beginning of 2016, according to AWEA.

This past quarter, customers also signed the highest ever quarterly long-term contracts—the so-called power purchase agreements (PPAs)—more than 3,500 MW.

Read more at U.S. Wind Energy Demand Surges

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