American Wind Power Clean, Affordable, Homegrown · Source: AWEA, U.S. Wind Industry Annual Report,...

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Denise Bode Chief Executive Officer American Wind Energy Association American Wind Power: Clean, Affordable, Homegrown

Transcript of American Wind Power Clean, Affordable, Homegrown · Source: AWEA, U.S. Wind Industry Annual Report,...

Page 1: American Wind Power Clean, Affordable, Homegrown · Source: AWEA, U.S. Wind Industry Annual Report, 2009. American wind is affordable and cost competitive with all other new electric

Denise BodeChief Executive Officer

American Wind Energy Association

American Wind Power:Clean, Affordable,

Homegrown

Page 2: American Wind Power Clean, Affordable, Homegrown · Source: AWEA, U.S. Wind Industry Annual Report, 2009. American wind is affordable and cost competitive with all other new electric

American Wind Energy Association

AWEA is the trade association for the wind energy industry• 2,500 business members including manufacturers,

developers, transportation, utilities, construction, insurers, financial community and technical support and forecasting representing 85,000 wind jobs

• Develops policies and conducts analysis to support windindustry growth

• Execute wind industry’s legislative agenda• Promotes wind energy through advocacy, advertising and

media relations• Convenes conferences and workshops to educate the public

and bring industry members together.www.PowerofWind.com www.awea.org

Page 3: American Wind Power Clean, Affordable, Homegrown · Source: AWEA, U.S. Wind Industry Annual Report, 2009. American wind is affordable and cost competitive with all other new electric

Northwest: 9%450 -900 MW

Mountain West: 13.5%675 -1,350 MW

California: 5.4%275 -550 MW

Texas: 10.25%500 -1,025 MW

Plains: 22.4%1,110 -2,225 MW

Midwest: 21.8%1,100 -2,175 MW

Mid-Atlantic: 8%400 -800 MW

New England: 4%125 -250 MW

New York: 3%200 - 400 MW

Regional distribution of a 5,000 to 10,000 MW national annual marketbased on 2020 distribution from DOE 20% Wind Energy Report

Southeast Offshore: 2.5%125 - 250 MW

Source: AWEA

Page 4: American Wind Power Clean, Affordable, Homegrown · Source: AWEA, U.S. Wind Industry Annual Report, 2009. American wind is affordable and cost competitive with all other new electric

Wind provided 40% of new U.S. capacity in 2008 and 2009

Source: AWEA, U.S. Wind Industry Annual Report, 2009

Page 5: American Wind Power Clean, Affordable, Homegrown · Source: AWEA, U.S. Wind Industry Annual Report, 2009. American wind is affordable and cost competitive with all other new electric

American wind is affordableand cost competitive with all other new electric generation sources

Source: Lazard, Levelized Cost of Energy, June 2009 5

Page 6: American Wind Power Clean, Affordable, Homegrown · Source: AWEA, U.S. Wind Industry Annual Report, 2009. American wind is affordable and cost competitive with all other new electric

Win

d C

apac

ity (M

W)

The U.S. finished the year with a total of 5,115 MW of new wind power – nearly 50% drop from 2009 levels.

U.S. cumulative capacity now stands at 40,180 MW.

40,180 MW = > 35,600 turbines

40,180 MW = powering equivalent of 10 million homes

40,180 MW = equivalent electricity of OK, TN, or VA

40,180 MW = equivalent > 5 million tons of steel

U.S. wind capacity installations

Source: AWEA, 4th Quarter 2010 Market Report

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Page 7: American Wind Power Clean, Affordable, Homegrown · Source: AWEA, U.S. Wind Industry Annual Report, 2009. American wind is affordable and cost competitive with all other new electric

Over 400 U.S. manufacturing plants serve the wind industry today

Source: AWEA, U.S. Wind Industry Annual Report, 2009, Manufacturing Updated

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Page 8: American Wind Power Clean, Affordable, Homegrown · Source: AWEA, U.S. Wind Industry Annual Report, 2009. American wind is affordable and cost competitive with all other new electric

Regional installation & construction trends5,600 MW under construction beginning 2011, almost double last year

Source: AWEA, 4th Quarter 2010 Market Report

Page 9: American Wind Power Clean, Affordable, Homegrown · Source: AWEA, U.S. Wind Industry Annual Report, 2009. American wind is affordable and cost competitive with all other new electric

Looking ahead:new transmission lines proposed

Source: AWEA, U.S. Wind Industry Annual Report, 2009

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Page 10: American Wind Power Clean, Affordable, Homegrown · Source: AWEA, U.S. Wind Industry Annual Report, 2009. American wind is affordable and cost competitive with all other new electric

Source: AWEA, U.S. Wind Industry Annual Report, 2009

Looking ahead:offshore wind projects proposed in U.S.

Page 11: American Wind Power Clean, Affordable, Homegrown · Source: AWEA, U.S. Wind Industry Annual Report, 2009. American wind is affordable and cost competitive with all other new electric

0

1,000,000,000

2,000,000,000

3,000,000,000

4,000,000,000

5,000,000,000

6,000,000,000

2009 2011 2013 2015 2017 2019 2021 2023 2025 2027 2029

Power Sector Ge

neration

 (MWh)

High Load Growth 1.5%New LoadPlanned RetirementsAdditional Coal RetirementsCurrent Load

Looking ahead:market for generation is available

Page 12: American Wind Power Clean, Affordable, Homegrown · Source: AWEA, U.S. Wind Industry Annual Report, 2009. American wind is affordable and cost competitive with all other new electric

U.S. wind industry employs 85,000

Source: AWEA, U.S. Wind Industry Annual Report, 2009

Page 13: American Wind Power Clean, Affordable, Homegrown · Source: AWEA, U.S. Wind Industry Annual Report, 2009. American wind is affordable and cost competitive with all other new electric

Wind Power: America’s Choice

Source: March 2010 survey by Public Opinion Strategies and Bennett, Petts & Normington

Page 14: American Wind Power Clean, Affordable, Homegrown · Source: AWEA, U.S. Wind Industry Annual Report, 2009. American wind is affordable and cost competitive with all other new electric

Investment response tostable policy & markets

0

4,000

8,000

12,000

16,000

2005 2006 2007 2008 2009 2010

EU

0

4,000

8,000

12,000

16,000

2005 2006 2007 2008 2009 2010

U.S.

0

4,000

8,000

12,000

16,000

2005 2006 2007 2008 2009 2010

China

Annual Installed Wind Capacity (MW)

Source: China/EU, Global Wind Energy Council; U.S., AWEA

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Page 15: American Wind Power Clean, Affordable, Homegrown · Source: AWEA, U.S. Wind Industry Annual Report, 2009. American wind is affordable and cost competitive with all other new electric

Policy status & path forwardU.S. “Portfolio Approach” to policy

• U.S. approach to energy policy often involves a portfolio of policies at the state and national level:

• Continue focus to pass a national long term renewable energy policy for utilities to have a more balanced generation mix, and long term tax policy that encourages investment, and expedite transmission build

• Greater focus by AWEA on state jurisdiction over power generation through state regulatory process. States like California, Colorado increasing targets so new opportunities. With wind cost competitive with nat gas encourage greater balance in state portfolios as well as look for tweaks in state RES and tax policy to drive demand.

Page 16: American Wind Power Clean, Affordable, Homegrown · Source: AWEA, U.S. Wind Industry Annual Report, 2009. American wind is affordable and cost competitive with all other new electric

Proven Track Record: States Renewable Portfolio Standards have created a market for wind with over 90% of the renewable energy build in states with RPS programs

Portfolio Approach: State & Regional Leadership

Page 17: American Wind Power Clean, Affordable, Homegrown · Source: AWEA, U.S. Wind Industry Annual Report, 2009. American wind is affordable and cost competitive with all other new electric

Iowa: Case study of state leadership in growing wind generation and manufacturing

Iowa which enacted a renewable standard in 1983, now has the greatest percentage of electricity generated from wind: 3,675 MW, approaching 20% and is the leading state in attracting manufacturing.

Page 18: American Wind Power Clean, Affordable, Homegrown · Source: AWEA, U.S. Wind Industry Annual Report, 2009. American wind is affordable and cost competitive with all other new electric

AWEA Wind Power Supply Chain WorkshopLittle Rock, AR | March 24, 2011

AWEA Wind Power Finance & Investment WorkshopNew York, NY | April 7-8, 2011

WINDPOWER 2011 Conference & ExhibitionAnaheim, CA | May 22 – 25, 2011

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