2018 SLC News and Updates
January 8, 2018
New SLC Special Series Report | Blown Away: Wind Energy in the Southern States (Part II)
Remarkably, without much fanfare, the nation’s wind energy sector continues to grow, a testimony to both advances in technology and deliberate measures by policymakers to create an environment to stimulate the development of this power source. At the close of 2016, installed wind capacity in the United States exceeded 82,000 megawatts (MW), surpassing hydropower for the first time in the nation’s history. In total, installed wind energy capacity grew by 8,203 MW over the previous year and now generates about 5.5 percent of the country’s electricity, enough to power 24 million homes.
Given this burgeoning sector’s ability to create jobs and provide additional energy security and independence in the United States, the often asked question regarding the viability of utility-scale wind power development depends on several factors, including quality of the available wind resources, regional market prices for electrical power, transmission capacity and accessibility, and state-specific policies. While these factors are crucial to the successful development of wind power, states with limited wind resources may benefit from expanded utilization of this renewable resource. This SLC Special Series Report, the second in a series exploring the myriad impacts of wind energy expansion in the Southern region, examines the development of the industry in Texas, Oklahoma and Virginia. Specifically, this report explores the resources, capacity and transmission; policies and incentives; and economic impacts of wind energy generation in these states, thus demonstrating the opportunities available.