US installation could hit 2015 levels

UNITED STATES: As much as 8-9 GW of wind capacity could be installed in the US this year, up from just over 7GW last year, according to John Hensley of the American Wind Energy Association (AWEA) in a preview of the trade organisation's upcoming quarterly report.

US installation figures could match 2015 levels, as developers rush to capture the PTC support (pic: Apex Clean Energy)
US installation figures could match 2015 levels, as developers rush to capture the PTC support (pic: Apex Clean Energy)

The volume installed this year will in fact be as high as during 2015 and 2016, he said.

Hensley spoke at AWEA’s recent wind energy finance and investment conference in San Francisco, California.

As of the end of the third quarter, wind projects under construction or in advanced development were as high as the end of Q2 in June, he added.

That is despite the 2GW Wind Catcher project being cancelled in late July because of regulatory delays. "We will make up for it," he said.

At the end of the second quarter, almost 38GW was either under construction or in advanced development, according to AWEA.

Year US Capacity
Additions
2013 1.1GW
2014 4.9GW
2015 8.6GW
2016 8.2GW
2017 7GW
2018 (predicted) 8-9GW

There is an installation boom under way in the US right now as developers rush to qualify projects for the Production Tax Credit, as it is phased out.

Some 4.6GW of utility power purchase agreements (PPAs) have been signed so far this year, said Hensley, more than in any year since AWEA started tracking the trend in 2013.

Corporate energy users have so far signed more than 2.7GW.

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