Wind power’s fortunes gust forward in U.S.
U.S. wind power capacity grew by 46% in 2007, making it the world’s fastest-growing market in renewable technology for the third year running, according to a new report.
U.S. wind power capacity grew by 46% in 2007, making it the world’s fastest-growing market in renewable technology for the third year running, according to a new report. Wind projects accounted for 35% of all new electric capacity added during the year, and more than 200 gigaW of wind power are now under development across the country.
The “Annual Report on U.S. Wind Power Installation, Cost, and Performance Trends” was released by the U.S. Dept. of Energy and the Lawrence Berkeley National Laboratory. It finds that 16 states had more than 100 MW of installed wind capacity by the end of 2007, with six of those states’ totals topping 1,000 MW.
The growing market is spurring both new manufacturing investments and higher project costs, researchers find. Authors estimate new component manufacturing plants opened or announced in 2007 could create more than 4,700 new U.S. jobs, but shortages of some of those components—along with higher material prices and the weakness of the dollar—are forcing project costs upward.
Overall performance continues to increase, the researchers said, driven in part by taller towers, larger rotors, enhanced siting, and other technological advancements. Additionally, the study notes that wholesale prices for wind power-generated electricity remains at or below those of energy generated by more conventional technologies.
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey