State of the Wind Industry
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State of the Wind Industry Denise Bode CEO American Wind Energy Association
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State of the Wind Industry. Denise Bode CEO American Wind Energy Association. American Wind Energy Association (AWEA). Founded in 1974 More than 2,500 business members Wind project developers Wind turbine manufacturers Component manufacturers: towers, blades, gears - PowerPoint PPT Presentation
Transcript of State of the Wind Industry
State of the Wind Industry
Denise BodeCEO
American Wind Energy Association
American Wind Energy Association (AWEA)
• Founded in 1974
• More than 2,500 business members• Wind project developers
• Wind turbine manufacturers
• Component manufacturers: towers, blades, gears
• More than 8,000 parts in a turbine
• www.AWEA.org provides extensive info on wind
PerspectivePerspective
Global Competition
• At least 37 nations have mandatory renewable energy requirements
U.S. Wind Power InstallationsM
W o
f W
ind
Inst
alle
d
Total U.S. Installation through 3Q 2009:31,100 MW
Total Installation in 3Q 2009:1,649 MW
Total Installation in 2009:5,800 MW
Source: AWEA
Vision for the FutureVision for the Future
20% Wind Energy by 2030
• U.S. Department of Energy:
“The U.S. possesses sufficient and affordable wind resources to obtain at least 20% of its electricity from wind by the year 2030.”
Wind Project Development
46 states would have wind development by 2030 under the 20% Vision
Source: U.S. DOE, 20% Wind Energy by 2030
Job Projections Under 20% Report
• Over 500,000 total jobs would be supported by the wind industry
• In 2008, wind industry added 35,000 new jobs
Source: U.S. DOE, 20% Wind Energy by 2030
Wind Manufacturing Facilities Across the U.S.
• 55 manufacturing facilities opened, expanded or announced in 2008
• Wind industry now employs 85,000 in U.S.
Major facilities online prior to 2008All new online in 2008 – 2Q 2009Announced facilities
How We Get ThereHow We Get There
Policy Timeline for Wind – Looking Ahead
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Bonus Depreciation
Grant in lieu of ITC
PTC for Wind
Proposed RES
Policy Timeline for Wind – In Perspective
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Bonus Depreciation for Wind
Grant in lieu of ITC
PTC for Wind
Proposed RES
Percent Depletion Allowance
Intangible Drilling Costs
Credit for Non-Conventional Fossil Fuel
Price-Anderson Act
• A strong 25% by 2025 RES would create:
• 8-fold increase in homegrown renewable energy – from 28,000 MW to 248,000 MW
• 297,000 new jobs
• $13.5 billion in income to farmers, landowners, and ranchers
• $11.5 billion in new local tax revenue
• $64.3 billion savings from lower consumer expenditures
• All at no cost to the taxpayer
National Renewable Electricity Standard
Source: Union of Concerned Scientists, 2009
Additional Renewable Generation Required to Meet RES Scenarios Compared to State RES Programs, Post-2009
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25% RES by 2025
20% RES by 2021 with 5% EE
20% by 2021 with up to 8% EE (House Bill, H.R. 2454)
15% with 4% EE (Latest Senate Proposal)
Existing State RPS
Conceptual Vision: Green Power Superhighways
Wind Power in Queues (MW)
Iowa14,569
Minnesota20,011
New Mexico14,136
North Dakota11,493
Penn.3,391
South Dakota30,112
Oklahoma14,677
Illinois16,284
Ohio3,683
Kansas13,191
Wisconsin908
Michigan2,518
WV1,045
New York8,000
VT155
Total 311,155 MW
MA492
Montana2327
NJ1416
Under 1000 MW
1,000 MW-8,000 MW
Over 8,000 MW
Missouri2,050
Indiana8,426
Maine1,398
NH 396
RI347
DE450
MD810
VA820
Arkansas210
Texas63,504
Arizona7,268
California18,629
Colorado16,602
Idaho446
Nebraska3,726
Nevada3,913
Oregon9,361
Utah1,052
Washington5,831
Wyoming7,870
• Wind is an energy resource, not a capacity resource • ‘Reliability’ concerns often founded on serious
misunderstandings of how grid operates, how wind projects fit into system operations
• Wind power output is ‘variable,’ not ‘intermittent’• Wind forecasting plays key role today, will play
increasingly important role in future
• There is a cost to managing wind’s variability – depends upon system’s characteristics, but is generally low• Many wind integration studies have been performed in
US, EU
Adapting Power Grid to Accommodate Wind
