Nick Fetty | July 17, 2015
Iowa leads the nation generating 28 percent of its electricity from wind energy and a new study shows that number could increase to 40 percent by 2020.
During a presentation at Des Moines Area Community College on Thursday, the American Wind Energy Association (AWEA) released a report entitled “A Wind Vision for New Growth in Iowa.” The report used data from the U.S. Department of Energy to analyze the economic and environmental impacts of wind energy in Iowa.
Over the next five years the report predicts that wind energy in Iowa will generate over $49 million in annual property tax revenue, more than $19 million dollars each year in payments to farmers and other rural Iowa landowners, an annual savings of 3.7 billion gallons of fresh water, and more than 6 million metric tons of annual carbon emissions. The report also predicts that by 2050 wind energy could save Iowans more than $3.5 billion on utility bills.
The report outlined several successful case studies of wind energy in Iowa including MidAmerican Energy’s $6.7 billion investment in wind energy over the past decade, the Rippey wind farm and the farmer-owned Junction Hilltop wind farm in Greene County, and the Siemens’ wind turbine blade manufacturing plant which with more than 600 workers is the biggest employer in Lee County.
“Iowa is already a leader in wind energy, but this report shows the Hawkeye state has just scratched the surface of wind power’s benefits to the state,” AWEA CEO Tom Kiernan said in a press release.
A report released by the AWEA in April found that Iowa added more than 2,000 jobs to the wind energy sector between 2013 and 2014. Iowa’s wind energy sector currently employs more than 7,000 and wind turbine manufacturing makes up the majority of Iowa’s manufacturing industry with 13 factories and assembly plants around the state.