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Department of Energy Releases 2012 Wind Technologies Market Report

Posted on 08/14/2013 by Louisa Kinoshi

Infographic from Department of Energy highlights key findings from the 2012 Wind Technologies Market Report.

Last Week, the Department of Energy (DOE) released its 2012 Wind Technologies Market Report. The Wind Technologies Market Report is one of the best publically available sources for recent wind costs and prices. Clean Line Energy is excited to see the positive trends highlighted in the Report.

“As the fastest growing source of power in the United States, wind is paving the way to a cleaner, more sustainable future that protects our air and water and provides affordable, clean renewable energy to more and more Americans,” said Energy Secretary Ernest Moniz.

Wind Industry Market Trends

  • US wind power additions hit a new record in 2012, with 13.1 GW of new capacity added for a total of 60 GW and $25 billion invested.
  • Wind energy represented 43% of all new capacity additions last year, making wind the largest resource added to the grid in terms of gross capacity for the first time.
  • As of the end of 2012, the wind industry directly and indirectly employed 80,700 full-time workers.
  • In the interior of the United States (where Clean Line’s projects will originate), the average levelized wind power purchase agreement prices were slightly over $30/MWh in 2012.

Click here to read the full report.