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American Wind Energy Association U.S. Wind Industry Fourth Quarter 2014 Market Report A product of AWEA Data Services Released January 28, 2015 In the fourth quarter of 2014, the American wind energy industry installed 3,600 megawatts (MW). In total during 2014, 4,854 megawatts (MW) were installed, nearly five times more than the industry installed in 2013. The U.S. now has an installed wind capacity of 65,879 MW. There are over 12,700 MW of wind currently under construction, with more than 3,300 MW of power purchase agreements signed in 2014. American Wind Energy Association U.S. Wind Industry First Quarter 2016 Market Report A product of AWEA Data Services Released April 28, 2016 The American wind energy industry installed 520 megawatts (MW) during the first quarter of 2016, the strongest first quarter for installations since 2012. The U.S. now has an installed wind capacity of 74,512 MW. Following the five-year extension of the Production Tax Credit (PTC) at the end of 2015, there are now over 10,100 MW of wind power capacity currently under construction, with an additional 5,100 MW in advanced stages of development.

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Page 1: American Wind Energy Association U.S. Wind Industry Fourth ... · American Wind Energy Association | U.S. Wind Industry First Quarter 2016 Market Report | AWEA Public Version 5 RI

American Wind Energy Association

U.S. Wind Industry Fourth Quarter 2014 Market Report

A product of AWEA Data Services

Released January 28, 2015

In the fourth quarter of 2014, the American wind energy industry installed 3,600 megawatts (MW). In total during 2014, 4,854 megawatts (MW) were installed, nearly five times more than the industry installed in 2013. The U.S. now has an installed wind capacity of 65,879 MW.

There are over 12,700 MW of wind currently under construction, with more than 3,300 MW of power purchase agreements signed in 2014.

American Wind Energy Association

U.S. Wind Industry First Quarter 2016 Market Report

A product of AWEA Data Services

Released April 28, 2016

The American wind energy industry installed 520 megawatts (MW) during the first quarter of 2016, the strongest first quarter for installations since 2012. The U.S. now has an installed wind capacity of 74,512 MW.

Following the five-year extension of the Production Tax Credit (PTC) at the end of 2015, there are now over 10,100 MW of wind power capacity currently under construction, with an additional 5,100 MW in advanced stages of development.

Page 2: American Wind Energy Association U.S. Wind Industry Fourth ... · American Wind Energy Association | U.S. Wind Industry First Quarter 2016 Market Report | AWEA Public Version 5 RI

American Wind Energy Association | U.S. Wind Industry First Quarter 2016 Market Report | AWEA Public Version 2

Table of Contents

Key Takeaways 3

U.S. Annual and Cumulative Wind Power Capacity Growth 4

U.S. Wind Power Capacity, by State 5

U.S. Wind Power Capacity Installations, by Quarter 6

U.S. Wind Power Capacity, Top States 7

Wind Power Capacity Under Construction 8

Map of Wind Power Capacity Under Construction Full Version Only

Wind Power Capacity in Advanced Development Full Version Only

Power Offtake Status Full Version Only

Power Purchase Agreement Activity Full Version Only

Project Acquisition Activity in 2016 Full Version Only

Market Share for Turbine Manufacturers Full Version Only

Utility-Scale Wind Projects Completed in 2016 9

Map of Projects Online & Under Construction in 2016 10

Wind Power Projects Under Construction Full Version Only

New Power Purchase Agreements Full Version Only

New Project Acquisition Activity Full Version Only

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American Wind Energy Association | U.S. Wind Industry First Quarter 2016 Market Report | AWEA Public Version 3

Key Takeaways

2016 Wind Project Installations

• During the first quarter of 2016, the U.S. wind industry installed 520 MW of wind power capacity, the strongest first quarter for installations since 2012.

• The industry installed more than 230 wind turbines across six states at seven projects. Oklahoma led the country with 270 MW of wind capacity installed, followed by Iowa (154 MW), Utah (62 MW), and New Mexico (32 MW).

• Guam installed the territory’s first utility scale wind turbine during the first quarter.

• There are now 74,512 MW of installed wind capacity in the United States, with more than 48,800 wind turbines operating in 40 states plus Guam and Puerto Rico.

Construction Activity and Near Term Wind Development

• A total of more than 15,200 MW of wind capacity were reported as under construction or in advanced stages of development during the first quarter, with over 3,500 MW of total new announcements.

• Project developers reported more than 10,100 MW of construction activity across 81 projects in 25 states, including over 2,000 MW of new construction announcements.

• Texas continues to host the majority of construction activity, with nearly 5,500 MW reported.

• Developers also reported approximately 5,100 MW of projects in advanced stages of development, with over 1,500 MW of new announcements.

Power Purchaser Activity and Market Updates

• More than 660 MW of PPAs were signed during the first quarter of 2016, contributing to the more than 4,500 MW of PPAs signed since the beginning of 2015.

• Approximately 37% of the MW contracted through PPAs during the first quarter were through corporate and other emerging customers of wind power, including the Department of Defense (DOD) Defense Logistics Agency, 3M, and Salesforce.

• Companies completed a total of 204 MW in project acquisitions during the first quarter of 2016, including acquisitions by GE Energy Financial Services, Macquarie Group, and Hannon Armstrong.

• GE Renewable Energy, Siemens, and Vestas captured over 99% of the market share of wind turbines installed during the first quarter.

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American Wind Energy Association | U.S. Wind Industry First Quarter 2016 Market Report | AWEA Public Version 4

Note: Utility-scale wind capacity includes installations of wind turbines larger than 100-kW for the purpose of the AWEA U.S. Wind Industry Quarterly Market Reports. Annual capacity additions and cumulative capacity may not always add up due to decommissioned, uprated and repowered wind turbines. Wind capacity data for each year is continuously updated as information changes.

U.S. Annual and Cumulative Wind Power Capacity Growth

0

10,000

20,000

30,000

40,000

50,000

60,000

70,000

2016201520142013201220112010200920082007200620052004200320022001

Cumulative Capacity

Annual Capacity Installations

1Q Capacity Installations

2Q Capacity Installations

3Q Capacity Installations

4Q Capacity Installations

4,147 4,5576,222 6,619

8,99311,450

16,702

25,065

35,068

40,283

46,930

60,012

Win

d Po

wer

Cap

acity

(MW

)

61,110

65,877

73,992

80,000

74,512

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American Wind Energy Association | U.S. Wind Industry First Quarter 2016 Market Report | AWEA Public Version 5

RI 9CT 5

MA 107

HI203

ALMS

AR

LA

GA

KYVA

NC

SC

FL

NV152

MO459

IL3,842

IN1,895

WI648 MI

1,531

NY1,749

ME613

IA6,364

MN3,235

KS3,764

ND2,143

AZ268

CA5,662

CO2,965

DE 2

ID973

MD 190

MT665

NE890

NH 185

NJ 9

NM1,112

SD977

OH444

OK5,453

PA1,340

TN 29

TX17,711

UT389

VT 119

OR3,153

WA3,075

WV583

WY1,410

PR125

AK62

0 to 100 MW

>100 MW to 1,000 MW >1,000 MW to 5,000 MW >5,000 MW to 10,000 MW >10,000 MW

GU<1

U.S. Wind Power Capacity, by State

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American Wind Energy Association | U.S. Wind Industry First Quarter 2016 Market Report | AWEA Public Version 6

U.S. Wind Power Capacity Installations, by Quarter

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

20162015201420132012201120102009

Win

d P

ow

er C

apac

ity

(MW

)

3,080

1,221

1,589

4,114

541704 673

3,298

1,1181,0501,205

3,446

1,695

1,211

1,837

8,385

2 0 70

1,016

217

1Q

2Q

3Q

4Q

619419

3,600

333

1,6611,603

5,001

520

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American Wind Energy Association | U.S. Wind Industry First Quarter 2016 Market Report | AWEA Public Version 7

0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000 11,000 12,000 13,000 14,000 15,000

New Mexico 17

Pennsylvania 16

Wyoming 15

Michigan 14

New York 13

Indiana 12

North Dakota 11

Colorado 10

Washington 9

Oregon 8

Minnesota 7

Kansas 6

Illinois 5

Oklahoma 4

California 3

Iowa 2

Texas 1

Through 2015

1Q 2016

16,000 17,000 18,000

U.S. Wind Power Capacity, Top States

• Oklahoma led the country during the first quarter with 270 MW of wind capacity installed, followed by Iowa (154 MW), Utah (62 MW), and New Mexico (32 MW).

• The 154 MW wind farm commissioned in Iowa during the first quarter includes one prototype concrete tower turbine that is now the tallest operating wind turbine in the U.S. at 168 meters, or 554 feet, in height. The turbine has a 115 meter hub height and a 108 meter rotor diameter.

• Guam installed the territory’s first utility scale wind turbine during the first quarter.

• Texas continues to lead the nation with over 17,700 MW of installed capacity.

State 1Q 2016Oklahoma 269.8Iowa 154.3Utah 62.1New Mexico 31.7Ohio 1.5Guam 0.3

States with Wind Power Capacity Additions (MW)

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American Wind Energy Association | U.S. Wind Industry First Quarter 2016 Market Report | AWEA Public Version 8

Wind Power Capacity Under Construction

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

10,000

11,000

12,000

13,000

14,000

15,000

1Q164Q153Q152Q151Q154Q143Q142Q141Q144Q133Q132Q131Q134Q123Q122Q121Q124Q113Q112Q111Q11

Win

d P

ow

er C

apac

ity

(MW

)

New Under Construction in Quarter All Under Construction in Quarter Completed Capacity in Quarter

• More than 2,000 MW in new construction announcements were made during the first quarter of 2016, with more than 10,100 MW of total construction activity. This is an increase over the 9,400 MW reported at the end of 2015, although it does not yet mark a return to historic construction levels, due in part to the 5,001 MW that moved from under construction to operational at the end of 2015. The industry is expected to gain further momentum following the PTC extension.

• Projects reported as under construction are presumed to have taken steps to qualify for the PTC through safe harbor or physical construction.

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American Wind Energy Association | U.S. Wind Industry First Quarter 2016 Market Report | AWEA Public Version 9

Utility-Scale Wind Projects Completed in 2016

State Project Name

Project Capacity (MW) Turbine OEM Turbine Model Project Developer Project Owner Power Purchaser

First Quarter 2016

GU Guam Power Authority Wind Turbine 0.28 Vergnet GEV MP-C Guam Power Authority Guam Power Authority Guam Power Authority

IA Adams 154.30 Siemens SWT-2.3-108 MidAmerican Energy MidAmerican Energy MidAmerican Energy

NM Milo 31.65 (of 49.50) Vestas V100-2.0 EDF Renewable Energy;

Infinity Wind PowerEDF Renewable Energy; BlackRock Merchant (SPP)

OH Harpster Wind 1.50 Goldwind GW87/1500 One Energy, LLC One Energy, LLC AEP Ohio

OK Grant Wind 151.80 Siemens SWT-2.3-108 Apex Clean Energy Southern PowerETEC (50.6 MW); NTEC (50.6 MW); Western Farmers Electric Coop (50.6 MW)

OK Kingfisher Wind 118.00 (of 298.00) Vestas V100-2.0 Apex Clean Energy First Reserve Merchant Hedge Contract

UT Latigo 62.10 GE Renewable Energy 2.3-116 Sustainable Power Group Sustainable Power Group PacifiCorp

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American Wind Energy Association | U.S. Wind Industry First Quarter 2016 Market Report | AWEA Public Version 10

Map of Projects Online & Under Construction in 2016

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Page 11: American Wind Energy Association U.S. Wind Industry Fourth ... · American Wind Energy Association | U.S. Wind Industry First Quarter 2016 Market Report | AWEA Public Version 5 RI

American Wind Energy Association | U.S. Wind Industry First Quarter 2016 Market Report | AWEA Public Version 11

For additional AWEA market analysis, please visit www.awea.org/marketreports where you can download previous versions of the Quarterly Market Reports and the latest Annual Market Report.

The AWEA U.S. Wind Industry First Quarter 2016 Market Report can be accessed at www.awea.org/1Q2016.

Access the AWEA Market Database Pro at www.awea.org/database for a comprehensive database of all online and under construction wind projects, turbines, and active wind-related manufacturing facilities.

For a spreadsheet with underlying data or with any corrections, please contact Hannah Hunt at [email protected].