Home | Join | Login | Help | Chinese | GCP | Forum
 
Logistics Zone
Members
Resources
My Jctrans
Welcome jctrans.net!
Resources
   
Focus | News | Exhibition | Policies & Law | Industry Research | Tools Online
Home > Jctrans.net > News > Business
 
 
U.S. wind power expected to grow by quarter in 2007
POSTED: 9:42 a.m. EDT, January 24,2007

Wind power generating capacity in the United States increased by 27 percent in 2006 and is expected to increase an additional 26 percent in 2007, proving wind is now a mainstream option for new power generation, according to a market forecast released Tuesday by the American Wind Energy Association (AWEA).

Wind's exponential growth reflects the nation's increasing demand for clean, safe and domestic energy, and continues to attract both private and public sources of capital, the report said.

"iPods, flat screen televisions and other highly sought technologies are creating a demand for electricity that is beginning to eclipse our current supply. Wind is a proven, cost- effective source of energy that also alleviates global warming and enhances our nation's energy security," said AWEA Executive Director Randall Swisher.

The U.S. wind energy industry installed 2,454 megawatts (MW) of new generating capacity in 2006, an investment of approximately 4 billion dollars, billing wind as one of the largest sources of new power generation in the country -- second only to natural gas -- for the second year in a row. New wind farms boosted cumulative U. S. installed wind energy capacity by 27 percent to 11,603 MW, well above the 10,000-MW milestone reached in August 2006. One megawatt of wind power produces enough electricity to serve 250 to 300 homes on average each day.

Texas accounted for nearly a third of the new wind power installed in 2006, taking over the lead from California in cumulative installed capacity. Texas hosts the world's single largest operating wind farm, the 735-MW Horse Hollow Wind Energy Center, located in Nolan and Taylor counties.

Much of the new wind equipment in 2006 was produced in new manufacturing facilities in Iowa, Minnesota, and Pennsylvania. Additional announcements are expected in 2007. Investment in manufacturing capability signals confidence in the market and lays the groundwork for expanded growth.

Wind energy facilities currently installed in the United States will produce an estimated 31 billion kilowatt-hours annually or enough electricity to serve 2.9 million American homes. This 100- percent clean source of electricity will displace approximately 23 million tons of carbon dioxide -- the leading greenhouse gas -- each year.

Wind power has also attracted the support of state and federal government legislatures. The U.S. Congress recently extended the federal production tax credit (PTC) through December 2008 to further expand the number of wind farms throughout the country.

From:Xinhua
Business>>
Print | Save


RELATED

Today's Top News
 
Weekly Roundup

Freight Forwarder Korea
Forwarder in Japan
 
 
Tools Online
Cargo Tracking
Chinese Port Charge List
World Port
Country Code
Shipping Dictionary
Unite Conversion
                More>>
 
 
 
 
Home - Shipping - Airfreight - Integration - Member - Resources - My Jctrans - Links
About Us - Help - Contact Us
嶄猟利
Privacy Policy - Terms of Use
Copyright Notice 2000-2007 Jctrans.com Corporation and its licensors. All rights reserved.