Today, the U.S. Department of Energy (DOE) released three 2010 market reports which detail the market conditions and trends for wind energy, advanced vehicles, and fuel cell technologies. Taken together, these three market reports illustrate growth in deployment and manufacturing across all three technologies—improving the nation’s global competitiveness in the clean energy economy and creating clean tech jobs for U.S. workers.
The 2010 Wind Technologies Market Report
, produced by DOE’s Lawrence Berkeley National Laboratory, analyzes trends in wind power capacity, manufacturing, performance, and costs. The results indicate that wind energy installations comprised 25% of new U.S. electricity capacity additions in 2010, representing $11 billion in new investments and enough new capacity to power roughly 1.3 million homes. The report also notes that U.S. manufacturing of wind turbine components continues to increase, with domestically produced goods used in U.S. wind power projects reaching approximately 68% in 2009-2010, up from 52% in 2005-2006. Another key finding from the report is a 33% decline in wind turbine prices since 2008. The report predicts that current turbine prices and improved turbine performance will drive the cost of wind energy down further in the coming years.Full story
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