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U.S. Installed Record 13.2 Gigawatts Of Wind Energy In 2012

Forbes -- With a key federal tax incentive about to expire, the U.S. installed a 5.5 gigawatts of wind power in December to cap off a year that saw a record 13.2 gigawatts of wind energy come online, according to a report released Friday by research firm Bloomberg New Energy Finance.

The U.S. now boasts a total of 60 gigawatts of wind energy, accounting for 6% of the nation’s total generating capacity.

According to Bloomberg New Energy Finance, wind power prices have dropped more than 21% since 2010. Falling prices and the looming expiration of the production tax credit, which pays a premium for wind energy, unleashed a wind farm building boom last year.

“It’s clear that the economics, aided by the PTC, drove wind growth in 2012,” Amy Grace, a wind analyst with Bloomberg New Energy Finance, said


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Submitted Jan 19, 2013 By: skb69sa
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REPLIES (newest first) Post a Reply
dudleydolittle
Champion Author Cleveland

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Message Posted: Jan 24, 2013 3:05:30 PM

With all the hot air in Washington shouldn't need wind power...
sciotosix
Champion Author Dayton

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Message Posted: Jan 20, 2013 4:09:26 PM

Wind power is clean. Hope they put this to good use.
blupupher
Champion Author Houston

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Message Posted: Jan 20, 2013 1:08:18 PM

No, a POTENTIAL of 13.2 Gigawatts, since wind energy is not 24/7.
remay
Champion Author Houston

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Message Posted: Jan 20, 2013 12:03:41 PM

And what about the FUTURE?
jbrad4
All-Star Author Dallas

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Message Posted: Jan 20, 2013 11:03:12 AM

U.S. needs to invest more in renewable energy. That way we will have more petroleum to export, helping our balance of payments.
jrs4125
Champion Author Indiana

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Message Posted: Jan 20, 2013 10:21:13 AM

Alrighty then
BackwoodsPundit
Champion Author Richmond

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Message Posted: Jan 20, 2013 9:24:44 AM

Almost enough to power 11 Delorian time machines. 10.8 or so.

Of course wont be useful if the environmentalists keep blocking the power transmission lines from being built that connect wind farms to the grid.
bston
Champion Author Oklahoma City

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Message Posted: Jan 20, 2013 9:06:02 AM

Hope it's a good thing for US.
PDQBlues
Champion Author San Diego

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Message Posted: Jan 19, 2013 10:38:23 PM


Every bit of energy generated by wind is that much less foreign oil being consumed.
ExplorerWA
Champion Author Washington

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Message Posted: Jan 19, 2013 9:47:53 PM

It probably was a record for tax subsidies too.
tankumo
All-Star Author Vancouver

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Message Posted: Jan 19, 2013 8:17:29 PM

I still prefer geothermal, it runs 24/7
sailorjupoak
Rookie Author Fargo

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Message Posted: Jan 19, 2013 6:46:25 PM

Before the oil boom, wind was the big energy source in North Dakota. Used to work near a turbine blade maker and they were just pumping out those things. Now, they have been slowed by the oil boom as ND isn't taking much interest in wind, which we have a lot of.
mastermariner
Champion Author Texas

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Message Posted: Jan 19, 2013 5:10:05 PM

Way to go
Jeff4U
Champion Author Atlanta

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Message Posted: Jan 19, 2013 10:57:50 AM

My thoughts exactly, Norm10.

The only thing green about turbines is taxpayer money blowing in the wind.
Norm10
Champion Author British Columbia

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Message Posted: Jan 19, 2013 10:19:32 AM

I hate to think what this cost the tax payer!
Chas58
Champion Author Detroit

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Message Posted: Jan 19, 2013 10:17:16 AM

Our neighbors to the north are finding that the lifespan of these wind turbines to be about 25 years. As time goes by I am sure they will make strides to improve on that. We must understand that somewhere in the future we will run out of oil and ddeposit sites for spent nuke stuff. The sooner we find other means of providing power the better off we will be.
sydb7
Champion Author Atlanta

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Message Posted: Jan 19, 2013 10:16:21 AM

Wind energy production needs to make economic sense w/o subsidies!
LongPlay
Champion Author Albuquerque

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Message Posted: Jan 19, 2013 10:14:54 AM

The cost in terms of turbines and maintenance make wind too expensive without our tax dollars. The government needs to quit wasting money on these technologies and a lot of the money goes overseas.
tomok
Champion Author Portland

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Message Posted: Jan 19, 2013 9:29:00 AM

U.S. Installed Record 13.2 Gigawatts Of Wind Energy In 2012! With enough wind turbine units operating, the generated 'green' electricty will get more and more. There are wind farms that have been left to 'rust' because maintenance is so high and the return is very low for the electrical power generated, it very much depends on the area of generation. Wind turbine and solar panel electrical generation is Not cheaper than hydro or nuclear power.
How do you store that 'green' energy from Solar and Wind for later use?
What happens when the production tax credit expires?
Whatever the size or shape of the vehicle, vehicle manufactures Produce and the population ‘Drives’ vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money.
The price of fuel at the pump is too high!
XII/XXII/MMXII! - The Day After......
2khawk
Champion Author Iowa

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Message Posted: Jan 19, 2013 9:26:59 AM

How much did that cost American taxpayers?
my2002m
Champion Author Tulsa

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Message Posted: Jan 19, 2013 9:26:34 AM

Only with massive government handouts. Time to end the handouts.
Hangnail309
Champion Author Manitoba

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Message Posted: Jan 19, 2013 9:21:04 AM

That's a start ...
diesel8888
Champion Author Salt Lake City

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Message Posted: Jan 19, 2013 9:20:40 AM

There is a lot of wind farm in California, how is that going? I hope it's not going to be another lawn ornament....
zimowski
Champion Author San Jose

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Message Posted: Jan 19, 2013 9:18:48 AM

Time to end the energy tax incentives.
nwhawk
Champion Author Kansas

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Message Posted: Jan 19, 2013 9:18:07 AM

Great, keep the solar and wind advancing, heat of the future!
ruca2012
Champion Author San Diego

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Message Posted: Jan 19, 2013 9:17:45 AM

keep it comming. wind, solar new fuels that don't harm or delete resources.
Rick01
Champion Author Utah

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Message Posted: Jan 19, 2013 9:14:50 AM

Good start, keep it going.
orphancarguyPE
Champion Author PEI

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Message Posted: Jan 19, 2013 9:14:08 AM

Build wind and solar now before you suddenly need it in the future.
ricebike
Champion Author New Jersey

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Message Posted: Jan 19, 2013 9:11:16 AM

LoL hunter at the back to the future reference...

it's a good start, INB
Chem60
Champion Author Tallahassee

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Message Posted: Jan 19, 2013 9:11:12 AM

This is great!
geoutpb
Champion Author Midland Odessa

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Message Posted: Jan 19, 2013 9:10:49 AM

It will ake decades too build all the power needed in the future.
INBwana
Champion Author Indiana

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Message Posted: Jan 19, 2013 9:10:43 AM


6% sure isn't anything. Like a needle in a haystack.
hunter86
Champion Author Kansas

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Message Posted: Jan 19, 2013 9:09:48 AM

13.2 gigawatts!?! 13.2 gigawatts!?! Great Scott!!!
Stevedog
Champion Author Michigan

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Message Posted: Jan 19, 2013 9:09:02 AM

These are good plans as we move ahead
The3rd
Champion Author Jacksonville

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Message Posted: Jan 19, 2013 9:08:57 AM

Well, since it's all relatively new technology and there hasn't been a lot of these 'power' plants, a new record isn't all that hard to come by. Let's see what happens when the "key federal tax incentive expire."
hockey_24
Champion Author KW

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Message Posted: Jan 19, 2013 9:07:53 AM

more solar...
jalan25
Champion Author Indianapolis

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Message Posted: Jan 19, 2013 9:07:42 AM

Incentive based projects in the short run are not truly indicative of their ability to sustain.
mr4bill
All-Star Author New Jersey

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Message Posted: Jan 19, 2013 9:06:38 AM

That's a start
fencemanNY
Veteran Author New York

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Message Posted: Jan 19, 2013 9:06:20 AM

Better use of carbon based fuels for now THEN non carbon for the future. Great numbers for wind electricity.
Jamer
Champion Author Las Vegas

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Message Posted: Jan 19, 2013 9:05:40 AM

Well said Tiernan, well said. I completely agree with you on this one.
oas
Champion Author Maryland

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Message Posted: Jan 19, 2013 9:05:28 AM

Tax-payer subsidized.
Wind cannot stand on its own.
yonasb
Champion Author Houston

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Message Posted: Jan 19, 2013 9:05:25 AM

Good
NightRider
Champion Author Dallas

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Message Posted: Jan 19, 2013 9:05:14 AM

There is a lot of wind available for turbines in Texas. More power can be generated than there is capacity to move it. More transmission lines are needed to move it to where it needs to go. That is called infrastructure and nobody wants to pay for it.
cableman31
Champion Author New York

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Message Posted: Jan 19, 2013 9:05:01 AM

Build a couple of windfarms outside WASHINGTON. They would generate 13.2 GIGAWATTS alone, and all the wind in WASHINGTON would finally help something instead of just increasing polution.
Guapo29
All-Star Author Michigan

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Message Posted: Jan 19, 2013 9:04:50 AM

Please remember, that is POTENTIAL 13.2 gigawatts of electricity. Amount produced? Hummmm very quiet.
krobp46
Champion Author Milwaukee

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Message Posted: Jan 19, 2013 9:04:00 AM

All those billions spent along with the huge federal subsudies and all you could net overall was 6%? Time to put that one to bed too.
Old Timer
Champion Author Akron

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Message Posted: Jan 19, 2013 9:01:40 AM

What about all that trouble they were having with wind turbines?
jeff95519
Champion Author California

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Message Posted: Jan 19, 2013 9:01:33 AM

that's good if there's enough wind
gsofrs
Champion Author Greensboro

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Message Posted: Jan 19, 2013 9:01:19 AM

Need more consistency
blitzntj
Champion Author Jacksonville

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Message Posted: Jan 19, 2013 9:01:13 AM

Isn't that nice
Tiernan
Champion Author Chicago

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Message Posted: Jan 19, 2013 9:00:26 AM

If these alterative resources are going to work, they need to be able to stand on their own. NO MORE GOVT INCENTIVES!
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