American Wind Energy Association U.S. Wind Industry Fourth ... · American Wind Energy Association...
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American Wind Energy Association
U.S. Wind Industry Fourth Quarter 2014 Market Report
A product of AWEA Data Services
Released January 28, 2015
In the fourth quarter of 2014, the American wind energy industry installed 3,600 megawatts (MW). In total during 2014, 4,854 megawatts (MW) were installed, nearly five times more than the industry installed in 2013. The U.S. now has an installed wind capacity of 65,879 MW.
There are over 12,700 MW of wind currently under construction, with more than 3,300 MW of power purchase agreements signed in 2014.
American Wind Energy Association
U.S. Wind Industry First Quarter 2016 Market Report
A product of AWEA Data Services
Released April 28, 2016
The American wind energy industry installed 520 megawatts (MW) during the first quarter of 2016, the strongest first quarter for installations since 2012. The U.S. now has an installed wind capacity of 74,512 MW.
Following the five-year extension of the Production Tax Credit (PTC) at the end of 2015, there are now over 10,100 MW of wind power capacity currently under construction, with an additional 5,100 MW in advanced stages of development.
American Wind Energy Association | U.S. Wind Industry First Quarter 2016 Market Report | AWEA Public Version 2
Table of Contents
Key Takeaways 3
U.S. Annual and Cumulative Wind Power Capacity Growth 4
U.S. Wind Power Capacity, by State 5
U.S. Wind Power Capacity Installations, by Quarter 6
U.S. Wind Power Capacity, Top States 7
Wind Power Capacity Under Construction 8
Map of Wind Power Capacity Under Construction Full Version Only
Wind Power Capacity in Advanced Development Full Version Only
Power Offtake Status Full Version Only
Power Purchase Agreement Activity Full Version Only
Project Acquisition Activity in 2016 Full Version Only
Market Share for Turbine Manufacturers Full Version Only
Utility-Scale Wind Projects Completed in 2016 9
Map of Projects Online & Under Construction in 2016 10
Wind Power Projects Under Construction Full Version Only
New Power Purchase Agreements Full Version Only
New Project Acquisition Activity Full Version Only
American Wind Energy Association | U.S. Wind Industry First Quarter 2016 Market Report | AWEA Public Version 3
Key Takeaways
2016 Wind Project Installations
• During the first quarter of 2016, the U.S. wind industry installed 520 MW of wind power capacity, the strongest first quarter for installations since 2012.
• The industry installed more than 230 wind turbines across six states at seven projects. Oklahoma led the country with 270 MW of wind capacity installed, followed by Iowa (154 MW), Utah (62 MW), and New Mexico (32 MW).
• Guam installed the territory’s first utility scale wind turbine during the first quarter.
• There are now 74,512 MW of installed wind capacity in the United States, with more than 48,800 wind turbines operating in 40 states plus Guam and Puerto Rico.
Construction Activity and Near Term Wind Development
• A total of more than 15,200 MW of wind capacity were reported as under construction or in advanced stages of development during the first quarter, with over 3,500 MW of total new announcements.
• Project developers reported more than 10,100 MW of construction activity across 81 projects in 25 states, including over 2,000 MW of new construction announcements.
• Texas continues to host the majority of construction activity, with nearly 5,500 MW reported.
• Developers also reported approximately 5,100 MW of projects in advanced stages of development, with over 1,500 MW of new announcements.
Power Purchaser Activity and Market Updates
• More than 660 MW of PPAs were signed during the first quarter of 2016, contributing to the more than 4,500 MW of PPAs signed since the beginning of 2015.
• Approximately 37% of the MW contracted through PPAs during the first quarter were through corporate and other emerging customers of wind power, including the Department of Defense (DOD) Defense Logistics Agency, 3M, and Salesforce.
• Companies completed a total of 204 MW in project acquisitions during the first quarter of 2016, including acquisitions by GE Energy Financial Services, Macquarie Group, and Hannon Armstrong.
• GE Renewable Energy, Siemens, and Vestas captured over 99% of the market share of wind turbines installed during the first quarter.
American Wind Energy Association | U.S. Wind Industry First Quarter 2016 Market Report | AWEA Public Version 4
Note: Utility-scale wind capacity includes installations of wind turbines larger than 100-kW for the purpose of the AWEA U.S. Wind Industry Quarterly Market Reports. Annual capacity additions and cumulative capacity may not always add up due to decommissioned, uprated and repowered wind turbines. Wind capacity data for each year is continuously updated as information changes.
U.S. Annual and Cumulative Wind Power Capacity Growth
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
2016201520142013201220112010200920082007200620052004200320022001
Cumulative Capacity
Annual Capacity Installations
1Q Capacity Installations
2Q Capacity Installations
3Q Capacity Installations
4Q Capacity Installations
4,147 4,5576,222 6,619
8,99311,450
16,702
25,065
35,068
40,283
46,930
60,012
Win
d Po
wer
Cap
acity
(MW
)
61,110
65,877
73,992
80,000
74,512
American Wind Energy Association | U.S. Wind Industry First Quarter 2016 Market Report | AWEA Public Version 5
RI 9CT 5
MA 107
HI203
ALMS
AR
LA
GA
KYVA
NC
SC
FL
NV152
MO459
IL3,842
IN1,895
WI648 MI
1,531
NY1,749
ME613
IA6,364
MN3,235
KS3,764
ND2,143
AZ268
CA5,662
CO2,965
DE 2
ID973
MD 190
MT665
NE890
NH 185
NJ 9
NM1,112
SD977
OH444
OK5,453
PA1,340
TN 29
TX17,711
UT389
VT 119
OR3,153
WA3,075
WV583
WY1,410
PR125
AK62
0 to 100 MW
>100 MW to 1,000 MW >1,000 MW to 5,000 MW >5,000 MW to 10,000 MW >10,000 MW
GU<1
U.S. Wind Power Capacity, by State
American Wind Energy Association | U.S. Wind Industry First Quarter 2016 Market Report | AWEA Public Version 6
U.S. Wind Power Capacity Installations, by Quarter
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000
20162015201420132012201120102009
Win
d P
ow
er C
apac
ity
(MW
)
3,080
1,221
1,589
4,114
541704 673
3,298
1,1181,0501,205
3,446
1,695
1,211
1,837
8,385
2 0 70
1,016
217
1Q
2Q
3Q
4Q
619419
3,600
333
1,6611,603
5,001
520
American Wind Energy Association | U.S. Wind Industry First Quarter 2016 Market Report | AWEA Public Version 7
0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000 11,000 12,000 13,000 14,000 15,000
New Mexico 17
Pennsylvania 16
Wyoming 15
Michigan 14
New York 13
Indiana 12
North Dakota 11
Colorado 10
Washington 9
Oregon 8
Minnesota 7
Kansas 6
Illinois 5
Oklahoma 4
California 3
Iowa 2
Texas 1
Through 2015
1Q 2016
16,000 17,000 18,000
U.S. Wind Power Capacity, Top States
• Oklahoma led the country during the first quarter with 270 MW of wind capacity installed, followed by Iowa (154 MW), Utah (62 MW), and New Mexico (32 MW).
• The 154 MW wind farm commissioned in Iowa during the first quarter includes one prototype concrete tower turbine that is now the tallest operating wind turbine in the U.S. at 168 meters, or 554 feet, in height. The turbine has a 115 meter hub height and a 108 meter rotor diameter.
• Guam installed the territory’s first utility scale wind turbine during the first quarter.
• Texas continues to lead the nation with over 17,700 MW of installed capacity.
State 1Q 2016Oklahoma 269.8Iowa 154.3Utah 62.1New Mexico 31.7Ohio 1.5Guam 0.3
States with Wind Power Capacity Additions (MW)
American Wind Energy Association | U.S. Wind Industry First Quarter 2016 Market Report | AWEA Public Version 8
Wind Power Capacity Under Construction
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1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000
10,000
11,000
12,000
13,000
14,000
15,000
1Q164Q153Q152Q151Q154Q143Q142Q141Q144Q133Q132Q131Q134Q123Q122Q121Q124Q113Q112Q111Q11
Win
d P
ow
er C
apac
ity
(MW
)
New Under Construction in Quarter All Under Construction in Quarter Completed Capacity in Quarter
• More than 2,000 MW in new construction announcements were made during the first quarter of 2016, with more than 10,100 MW of total construction activity. This is an increase over the 9,400 MW reported at the end of 2015, although it does not yet mark a return to historic construction levels, due in part to the 5,001 MW that moved from under construction to operational at the end of 2015. The industry is expected to gain further momentum following the PTC extension.
• Projects reported as under construction are presumed to have taken steps to qualify for the PTC through safe harbor or physical construction.
American Wind Energy Association | U.S. Wind Industry First Quarter 2016 Market Report | AWEA Public Version 9
Utility-Scale Wind Projects Completed in 2016
State Project Name
Project Capacity (MW) Turbine OEM Turbine Model Project Developer Project Owner Power Purchaser
First Quarter 2016
GU Guam Power Authority Wind Turbine 0.28 Vergnet GEV MP-C Guam Power Authority Guam Power Authority Guam Power Authority
IA Adams 154.30 Siemens SWT-2.3-108 MidAmerican Energy MidAmerican Energy MidAmerican Energy
NM Milo 31.65 (of 49.50) Vestas V100-2.0 EDF Renewable Energy;
Infinity Wind PowerEDF Renewable Energy; BlackRock Merchant (SPP)
OH Harpster Wind 1.50 Goldwind GW87/1500 One Energy, LLC One Energy, LLC AEP Ohio
OK Grant Wind 151.80 Siemens SWT-2.3-108 Apex Clean Energy Southern PowerETEC (50.6 MW); NTEC (50.6 MW); Western Farmers Electric Coop (50.6 MW)
OK Kingfisher Wind 118.00 (of 298.00) Vestas V100-2.0 Apex Clean Energy First Reserve Merchant Hedge Contract
UT Latigo 62.10 GE Renewable Energy 2.3-116 Sustainable Power Group Sustainable Power Group PacifiCorp
American Wind Energy Association | U.S. Wind Industry First Quarter 2016 Market Report | AWEA Public Version 10
Map of Projects Online & Under Construction in 2016
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Projects Online 2015 Projects Under Construction as of 1Q 2016Projects Online 1Q 2016
American Wind Energy Association | U.S. Wind Industry First Quarter 2016 Market Report | AWEA Public Version 11
For additional AWEA market analysis, please visit www.awea.org/marketreports where you can download previous versions of the Quarterly Market Reports and the latest Annual Market Report.
The AWEA U.S. Wind Industry First Quarter 2016 Market Report can be accessed at www.awea.org/1Q2016.
Access the AWEA Market Database Pro at www.awea.org/database for a comprehensive database of all online and under construction wind projects, turbines, and active wind-related manufacturing facilities.
For a spreadsheet with underlying data or with any corrections, please contact Hannah Hunt at [email protected].