NewEnergyNews: ORIGINAL REPORTING: Powered By PTC, Wind Energy Expected To Keep Booming

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The challenge now: To make every day Earth Day.

YESTERDAY

  • TODAY’S STUDY: Big Growth In Customer-Sited Wind
  • QUICK NEWS, August 15: New Forest To Offset Bad U.S. Climate Policies Has 120,000 Pledges; Wind Becoming The Go-To Power; 88,000 Jobs And The Fight Over Solar Imports
  • THE DAY BEFORE

  • TODAY’S STUDY: The Work On Tomorrow’s Grid So Far
  • QUICK NEWS, August 14: Climate Is The Elephant In The Room; Long-Term, NatGas Is Not The Answer; Why Wind Is Such A Good Choice
  • THE DAY BEFORE THE DAY BEFORE

  • Weekend Video: Al Gore Talks With Bill Maher
  • Weekend Video: The U.S. Celebrates Its First National Wind Week
  • Weekend Video: Wind Is Just Beginning To Show Its Power
  • THE DAY BEFORE THAT

  • FRIDAY WORLD HEADLINE-Five Countries Leading The Climate Fight
  • FRIDAY WORLD HEADLINE-Global Wind Spend To Soar
  • FRIDAY WORLD HEADLINE-Pakistan’s Global View On Solar
  • FRIDAY WORLD HEADLINE-Denmark Trial Proves EVs Can Support The Grid
  • AND THE DAY BEFORE THAT

    THINGS-TO-THINK-ABOUT THURSDAY, August 10:

  • TTTA Thursday-Why Greenland Burning Is Cause For Fear
  • TTTA Thursday-Wind Power Booming
  • TTTA Thursday-IKEA To Offer Solar
  • TTTA Thursday-EV Growth Ready To Explode
  • THE LAST DAY UP HERE

  • ORIGINAL REPORTING: Research Shows Ongoing Need To Value Customer-Sited Resources
  • ORIGINAL REPORTING: Details On New York’s Landmark Work To Value Customer-Sited Resources
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    Founding Editor Herman K. Trabish

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    Research Associate and Contributing Editor Jessica R. Wunder

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    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

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  • ---------------
  • TODAY AT NewEnergyNews, August 16:

  • ORIGINAL REPORTING: Organizing California’s Distributed Energy Efforts
  • ORIGINAL REPORTING: A Deep Look At Evolving U.S. Efforts To Support Solar

    Wednesday, November 02, 2016

    ORIGINAL REPORTING: Powered By PTC, Wind Energy Expected To Keep Booming

    Powered by PTC, wind energy expected to keep booming despite Clean Power Plan stay; Demand for cheap wind may be so great that utilities build out enough to meet CPP targets regardless of the stay.

    Herman K. Trabish, February 17, 2016 (Utility Dive)

    Since this story ran, the forecasted growth has fully materialized.

    Wind industry numbers were up impressively in 2015, according to the Fourth Quarter 2015 Market Report from the American Wind Energy Association (AWEA). Last year saw 8,598 MW in installed capacity, making last year the industry’s third best year ever. The fourth quarter’s 5,001 MWs represented wind’s second biggest quarterly performance. The industry now has a cumulative installed capacity of nearly 74.5 GW, and has reduced wind’s installed cost 66% since 2008, AWEA reported.

    U.S. wind builders also closed the year with a strong pipeline. There were over 9,400 MW in construction across 72 projects, including over 1,800-plus MW of construction started in Q4. There were also 4,900 MW in advanced stages of development, including 1,500-plus MW of advanced development added in the last quarter. In December, Congress approved multi-year extensions and phase-downs of both the $0.023/kWh PTC, which had expired at the end of 2014, and solar’s 30% investment tax credit (ITC). Both incentive programs will now run through 2021, boosted by new "commence construction" provisions that allow projects to qualify for tax credits the year that they get at least 5% construction underway. The recently-published Renewable Tax Extenders: The Bridge to the Clean Power Plan from Rhodium foresees the extensions and the Environmental Protection Agency’s Clean Power Plan (CPP) positioning the wind industry positioned for growth well into the next decade…” click here for more

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