Annual Report on U.S. Wind Power Installation, Cost, and Performance Trends: 2006
The wind power industry is in an era of substantial growth, both globally and in the United States. With the market evolving at such a rapid pace, keeping up with trends in the marketplace has become increasingly difficult. Yet, the need for timely, objective information on the industry and its progress has never been greater. This report — the first in what is envisioned to be an ongoing annual series — attempts to fill this need by providing a detailed overview of developments and trends in the U.S. wind power market, with a particular focus on 2006.
The report begins with an overview of key wind development and installation-related trends, including trends in capacity growth, turbine make and model, and among developers, project owners, and power purchasers. It then reviews the price of wind power in the market, and how those prices compare to wholesale power prices. The report then turns to a review of trends in installed wind project costs, wind turbine transaction prices, project performance, and operations and maintenance expenses. Finally, the report examines other factors impacting the domestic wind power market, including grid integration costs, transmission issues, and policy drivers. The report concludes with a brief preview of possible developments in 2007.
This information was last updated on May 29, 2007