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New Study Sheds Light on the Growing U.S. Wind Power Market

News release: “For the third consecutive year the U.S. was home to the fastest-growing wind power market in the world, according to a report released today by the U.S. Department of Energy (DOE) and Lawrence Berkeley National Laboratory (Berkeley Lab). Specifically, U.S. wind power capacity increased by 46 percent in 2007, representing a $9 billion investment in new wind projects. At this pace, wind is on a path to becoming a significant contributor to the U.S. power mix: wind projects accounted for 35 percent of all new electricity-generating capacity added in the U.S. in 2007, and more than 200 GW (gigawatts, or billion watts) of wind power are in various stages of development throughout the country.”

Annual Report on U.S. Wind Power Installation, Cost, and Performance Trends: 2007

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