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.
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
Governor of California
Ørsted has spent more than $1 billion in the past two months, buying up more than just US wind capacity.
Masdar has acquired shares in two onshore wind projects in the US from John Laing Group.
Plans to nearly quadruple the state's offshore wind target to 9GW by 2035 have been unveiled by New York governor Andrew Cuomo.
A rush to meet deadlines for securing production tax credits (PTCs) in the US could lead to project cancellations and postponements and put billions of dollars of revenue at risk, analysts predict.
Swepco -- a subsidiary of American Electric Power (AEP) -- has launched a request for proposals (RfP) for 1.2GW of wind power to be online by the end of 2021.
Enel Green Power has started construction of the largest wind farm in its portfolio in the US and is leveraging a new off-take strategy to ensure a reliable revenue stream.
United States 'BOEM should capitalise on Massachusetts success'
United States Zinke quits Interior amid ethics probes
United States Calls for 'level playing field' in US energy storage
United States Ørsted secures power deal for US site
United States Shell adds second US offshore wind site