House members take up bipartisan effort to support renewable energy
In a statement released with the letter, Rep. Ruiz commented, “Renewable energy is a critical area of economic growth … We have to work together to advocate for renewable energy jobs, domestic manufacturing and American energy independence.”
The wind industry has long advocated for the kind of policy certainty that has been enjoyed by other domestically produced energy sources. While the American wind industry has recently grown at a record pace – an average of 30 percent annually over the last five years—almost no new wind farms were built in the first half of 2013 because of Congress’s delay in extending the federal wind energy production tax credit (PTC). This abrupt slowdown vividly demonstrates the importance of consistent long-term policy.
Wind’s growth has been powered by private investment paired with smart tax policy. Last year was our industry’s best ever, as $25 billion in new investment paved the way for a “bumper crop” of new wind projects.
As a result, wind turbine costs continue to decline--more than 50 percent over the last four years alone--and those savings have been passed on to consumers. In fact, newly built wind generation is now cost competitive with all forms of electricity production, according to the U.S. Energy Information Administration.
Clean, affordable, and homegrown, American wind power is driving economic growth and continuing to earn bipartisan support.
AEA ad on wind power gets fact-check makeover, June 14, 2013
Wind power good for America: Answering a question that's already been answered, April 18, 2013
Koch-funded Institute for Energy Research fails on facts, April 18, 2013
South Dakota legislation provides economic development opportunities, April 18, 2013
Fact check: Tang Energy's Jenevein off target with swipes at wind power, April 2, 2013
Pew: U.S. clean-energy surplus with China attributable to policy, March 14, 2013
DOE official: Wind taking flight in Oregon, February 14, 2013
Fact check: Graybeal story relies on IER, misses facts, January 29, 2013
Fact check: Brookings's Ebinger off target with criticism of wind, January 16, 2013
Reaction to PTC extension generally upbeat, January 8, 2013
Congress extends wind energy tax credits for projects that start in 2013, January 2, 2013
Colorado wind jobs seen hinging on PTC extension, December 31, 2012
Sen. Grassley provides Q&A on PTC, December 28, 2012
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Did you know?
Nearly 70 percent of every U.S. wind turbine is now American-made, up from less than 25 percent prior to 2005.Tweet this
42 percent of new U.S. electric generating capacity came from wind in 2012, making it the top source of new capacity.Tweet this
The U.S. wind fleet installed at the end of 2012 will avoid 98.9 million metric tons of carbon dioxide this year - 4.4 percent of power sector emissions.Tweet this
The Southeast has become a wind manufacturing hub, with more than 105 plants supplying components to the industry.Tweet this
Generating electricity from wind does not require water – saving 37.7 billion gallons a year, or enough water bottles to stretch to Saturn and back.Tweet this
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Grid operators in America and worldwide already rely on wind power to keep the lights on since wind power can be predicted 4 to 24 hours in advance.Tweet this
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Over 45,000 wind turbines across the U.S. can now produce enough electricity to power the equivalent of all the homes in CO, IA, MD, MI, NV, and OH combined.Tweet this
Private investment totaling $25 billion drove a record-setting year for new wind installations in 2012.Tweet this
Grid operators in America and worldwide already rely on wind power to keep the lights on, since wind power can be predicted 4 to 24 hours in advance.Tweet this
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The U.S. wind energy industry could support 500,000 jobs, according to the Department of Energy's 20 percent Wind Energy by 2030 study.Tweet this
Top states for installed new wind capacity in 2012: Texas (1,826 MW); California (1,656 MW); Kansas (1,441 MW); Oklahoma (1,127 MW); and Illinois (823 MW).Tweet this
American wind is one of the most affordable forms of newly built electricity generation. It costs less than new coal or nuclear energy and competes with natural gas in wind-rich regions.Tweet this
The U.S. wind industry supported 80,000 jobs in 2012. A full 25,000 of those jobs were in manufacturing.Tweet this
Driving today costs over 15 cents/mi for gas, while running an electric car on wind power costs less than 3 cents/mi, saving a typical electric car driver over $1,400/year.Tweet this