Friday, January 18, 2013

Wind Power Is 6 Percent Of US Electrical Generating Capacity

Posted by Milton Recht:

From Bloomberg, "U.S. Wind Power Accounted for 6% of Generation Capacity in 2012" by Louise Downing:
U.S. wind power accounted for 6 percent of the nation’s total electricity generation capacity after developers rushed to finish projects before expiration of a subsidy, Bloomberg New Energy Finance said.

The threat that the U.S. Production Tax Credit would lapse on Dec. 31 prompted developers to complete as many projects as they could last month, the London-based research group said. A record 13.2 gigawatts of turbines were installed last year including 5.5 gigawatts in December, the most ever for a single month. Total wind capacity is about 60 gigawatts.

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