renewables captured >50% of utility -scale power ……renewable energy’s share of 2019...
TRANSCRIPT
Source: AWEA, EIA
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Cum
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Util
ity-S
cale
Cap
acity
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Annu
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tility
-Sca
le C
apac
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Wind Solar Battery Storage Cumulative Capacity
Renewables Captured >50% of Utility-Scale Power Additions in Last 5 YearsWind, Solar, and Battery Storage Installations over Time
Renewable Energy’s Share of 2019 Electricity Generation
• Wind energy surpassed hydro to become the largest source of renewable electricity in the country
• 7 states generated more than 50% of their electricity from renewables in 2019
• Iowa and Kansas generated more electricity from wind turbines than any other technology
Renewables Made Up 18.2% of 2019 Generation2019 U.S. Electricity Mix
Over 107 GW of Wind Power Operating in the U.S.
Source: Wind Powers America First Quarter 2020 Report
Annual and Cumulative Wind Power Additions Operating Wind Capacity
Over 44 GW of Wind Under Construction or in Advanced Development
• Pipeline up 14% YoY
• Includes 8,308 MW of offshore wind
Source: Wind Powers America First Quarter 2020 Report
Offshore Wind Energy ActivityEast Coast Offshore Wind Projects and Lease Areas
Source: Wind Powers America First Quarter 2020 Report
Turbine Technology Trends for Wind Projects in Development
Source: Wind Powers America First Quarter 2020 Report
2016 2017 2018 2019 2020 2021 2022 2023 2024
Wind PTC Schedule
100% PTC
80%
60%
40%
60%
Qualification Year Placed-in-Service Year
2016 2017 2018 2019 2020 2021 2022 2023 2024
ITC in lieu of PTC Schedule
30% ITC
24%
18%
12%
Qualification Year Placed-in-Service Year
18%
Federal Tax Credit Schedule for Wind Projects