New York Third In Nation For Wind Energy

Lester Mason
August 10, 2017

The U.S. Department of Energy (DOE) recently released three wind market reports that show continued growth in the U.S. wind energy industry. Fourteen states, including ME, now get more than 10 percent of their electricity from wind.

Bigger turbines are enhancing wind project performance: Increased blade lengths, in particular, have dramatically increased wind project capacity factors, one measure of project performance.

The Wind Turbine Composite Materials market report highlight the economy, past and emerging trend of industry, and availability of basic resources.

Offshore wind has arrived in the U.S.

The event saw the Association welcome a number of key project partners, funders and developers as well as community stakeholders from across the town who have helped with the establishment of the turbine.

A new report by the federal government finds that NY is third in the nation for the number of wind energy projects built since 2003.

Wind energy prices remain low:After topping out at almost 7¢/kWh for power purchase agreements (PPAs) executed in 2009, the national average price of wind PPAs has dropped to around 2¢/kWh, though this nationwide average is dominated by projects that hail from the lowest-priced Interior region of the country (such as Texas, Iowa, Oklahoma).

A majority of the nearer-term activity is concentrated in the Atlantic off the Northeast coast, but projects have been proposed off the Southeast coast, in the Pacific (off of California and Hawaii), the Gulf of Mexico, and the Great Lakes.

In total, US wind turbines in distributed applications reached a cumulative installed capacity of 992MW. Larger turbines mean fewer installations and lower maintenance, and thus lower energy costs.

Global Wind Turbine Composite Materials Market report provide emerging opportunities in the market and the future impact of major drivers and challenges and, support decision makers in making cost-effective business decisions. We're excited to follow the progress of the emerging USA offshore wind industry in the years ahead.

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