Windpower Monthly rating 4/5
Our rating is based on a combination of project pipeline, political and policy support, investor confidence and structural readiness of the country in terms of grid infrastructure, permitting process and local supply chain.
Forecast of installed and operating wind power capacity based on the latest statisitics and measured against the Windpower Intelligence database.
The United States is enjoying a relatively prolonged period of policy certainty following the 2016 decision to phase out its key incentive, the Production Tax Credit, over five years.
For almost two decades, the regular one- or two-year extensions, often as the incentive was about to expire, created a boom-and-bust cycle confusing developers and scaring off investors.
Some uncertainty remains post the 2021-end of the tax incentive, but the industry is confident it can operate at market prices by that time, with the rise of corporate power purchase deals becoming an important driver.
Much policy is directed at state level, with some states such as Texas and Iowa more friendly towards wind projects.
Transmission becoming a bigger issue, as the country starts needing to ship the vast amounts of generation in central and mid-west states to load centres of coastal cities.
This offers an opportunity to offshore wind, which can be placed closer to major cities. Still in its infancy, the US could have over 12GW of offshore wind capacity in the first half of the next decade.
The rapidly declining cost of solar and battery-storage is changing the nature of what the renewable-energy sector can deliver.
Cheaper and more efficient energy-storage systems are set to accelerate the deployment of renewables, but solar PV is more likely than wind power to benefit from the advances in technology.
Last month's blockbuster Bureau of Ocean Energy Management (BOEM) triple auction in Massachusetts had significant implications for the wider US offshore wind industry, Liz Burdock of the Business Network for Offshore Wind writes.
UNITED STATES: The great and the good convened in San Francisco to discuss ways and means of combating climate change at a conference that was long on ambition and aspiration but short on practical answers.
Executive director, Business Network for Offshore Wind
Danish turbine manufacturer Vestas is moving further into US project development, with its Steelhead Americas subsidiary joining forces with RES Group on a 200MW site in Texas.
New Mexico regulators are demanding social media giant Facebook pays for almost half of a new $85m transmission line that will carry power from a wind project to a data centre.
In direct contradiction to recent rhetoric by the president, the US wind power industry supports a record 114,000 American jobs, more than 500 domestic factories, and over $1 billion a year in revenue for states and communities.
US lawmakers have proposed new legislation for the investment tax credit (ITC) to be extended to standalone storage and battery projects.
The US Episcopal Church's pension services organisation has invested $40 million in a renewable energy fund managed by New Energy Capital Partners (NEC).
United States Ørsted partners with US fishing coalition
United States Supply chain constraints threaten US installations