Jenna Ladd | September 12, 2017
The recently released 2016 Wind Technologies Market Report found wind energy to be a competitively priced and growing part of the U.S. energy picture.
According to the annual U.S. Department of Energy report, wind energy is expected to continue being a cheaper option for consumers than other energy sources. Without figuring in federal tax credits and state-run programs, wind energy costs an average of 5 cents per kilowatt hour whereas a highly efficient natural gas power plant charges consumers an average of 5.4 cents per kilowatt hour.
The authors also found that wind turbines erected in 2016 are taller and more powerful than in years past, allowing them to generate more energy. In the last five years alone, the generating capacity of individual wind turbines has increased by 11 percent.
About 8,203 megawatts of new wind energy was added to the U.S. energy portfolio in 2016, which made up 27 percent of energy infrastructure additions last year. Twelve states now produce more than 10 percent of their energy with wind while Iowa and South Dakota remain the only states that generate upwards of 30 percent of their energy with turbines. Texas, Oklahoma and Iowa have the highest wind-capacity nationwide.
The entire U.S. Department of Energy Wind Technologies Report can be read here.