Wind Market Reports Show Strong Wind Power Installation Trends and Falling Costs

Aug. 23, 2018

The U.S. Department of Energy (DOE) released three wind energy market reports demonstrating that as wind installations continue across the country and offshore wind projects move beyond the planning process, technology costs and wind energy prices continue to fall.

Highlights from this year include larger, more powerful wind turbines and lower technology costs and wind power prices for on land and offshore applications, as well as U.S. distributed wind capacity crossing the 1-gigawatt threshold. Learn about the top four trends in the U.S. wind market identified in the 2017 Wind Technologies Report, including partial repowering, larger turbines, and increased capacity factors.

As discussed in the 2017 Distributed Wind Market Report, distributed wind power is used at or near where it is generated, as opposed to wind power from wholesale generation, where power is sent to consumers via transmission lines and substations. Employed by households, schools, farms, industrial facilities and municipalities, distributed wind doesn't only refer to small-scale turbines; it includes any size turbine or array of turbines that generates power for local or on-site use. Explore the diversity of these installations in the new distributed wind photo gallery.

Expand your knowledge with blogs on the Top 10 Things You Didn't Know About Wind Power, Offshore Wind, and Distributed Wind.

Finally, check out new data visualizations from Lawrence Berkeley National Laboratory on utility-scale wind installations, specific power, performance, and prices.

Learn more about these three new reports and other wind energy information and educational resources.