U.S. Wind Power Grows 39% in 2009
Elyse Andrews, Cabot Headline News
January 26, 2010
The American wind power industry added a blistering 39% of added
capacity in 2009, the New York Times reported. The U.S. now receives
nearly 2% of its electricity from wind turbines, up from virtually
nothing a few years ago.
The American Wind Energy Association, in it annual report to be
released Tuesday, said that the 9,900 megawatts of added capacity added
last year was the largest on record, 18% more than 2008, another big
year, reported the Times.
Since 2002, the country’s installed base of wind turbines has increased
almost sevenfold, according to the Times, but the U.S. still lags
Europe, which gets about 5% of its electricity from the wind.
The U.S. wind manufacturing industry now employs 85,000 people and
makes about half the components made in wind farms, up from 25% in
2004, reported the Times.
Wind power and other alternative energy stocks are covered each week in Cabot Green Investor.
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