[ exact phrase in "" • results by date ]

[ Google-powered • results by relevance ]


Add NWW headlines to your site (click here)

when your community is targeted

Get weekly updates

RSS feeds and more

Keep Wind Watch online and independent!

Donate via Stripe

Donate via Paypal

Selected Documents

All Documents

Research Links


Press Releases


Campaign Material

Photos & Graphics


Allied Groups

Wind Watch is a registered educational charity, founded in 2005.

News Watch Home

U.S. wind power slows thanks to tax policy meant to boost it 

Credit:  By Jim Efstathiou Jr | Bloomberg | April 17, 2018 | www.bloomberg.com ~~

U.S. wind-power installations dipped for the second consecutive year in 2017, thanks to tax policies aimed at boosting the use of clean energy.

Got that? Congress extended in late 2015 a key tax credit for wind. The new timeline let developers qualify for the full benefit with projects that begin construction by the end of 2016; the prior rule had applied to wind farms that began work by the end of 2014.

That kind of years-long stability has taken some of the pressure off wind companies to complete new power plants, said Alex Morgan, a New York-based analyst at Bloomberg New Energy Finance.

The falloff last year “makes sense because 2016 was supposed to be the end of basically a 2-year build window,” Morgan said. “We’ll see another peak in 2020 likely as projects rush to come on line.”

Developers installed 7 gigawatts of turbines last year, down from 8.2 gigawatts in 2016, the American Wind Energy Association said Tuesday in its 2017 market report. There’s now almost 90 gigawatts of wind power in operation, enough to power about 26 million U.S. homes. Wind power generated 6.3 percent of U.S. electricity last year, the trade group said in a statement.

Wind installations are expected to rebound to about 8.1 gigawatts this year, Morgan said. The Washington-based wind association didn’t provide a 2018 estimate in its report.

Other highlights from the report:

  • Almost 5,500 megawatts of wind power-purchase agreements were signed in 2017 by utilities and commercial and industrial customers. More than 2,300 megawatts of new PPAs were announced in the first two months of 2018.
  • More than 52 gigawatts of wind power was added around the world last year. The U.S. was the second-largest market, behind China, which added 19.5 gigawatts.
  • There were 14 offshore wind projects in development off the U.S. East Coast and in the Great Lakes at the end of 2017, with more than 12.5 gigawatts of capacity.
Source:  By Jim Efstathiou Jr | Bloomberg | April 17, 2018 | www.bloomberg.com

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial educational effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

Wind Watch relies entirely
on User Contributions
   Donate via Stripe
(via Stripe)
Donate via Paypal
(via Paypal)


e-mail X FB LI M TG TS G Share

News Watch Home

Get the Facts
© National Wind Watch, Inc.
Use of copyrighted material adheres to Fair Use.
"Wind Watch" is a registered trademark.


Wind Watch on X Wind Watch on Facebook Wind Watch on Linked In

Wind Watch on Mastodon Wind Watch on Truth Social

Wind Watch on Gab Wind Watch on Bluesky