Department of Energy Releases Annual Wind Market Reports, Finding Robust Wind Power Installations and Falling Prices

Department of Energy Releases Annual Wind Market Reports, Finding Robust Wind Power Installations and Falling Prices

in Local News Roundup

Department of Energy Releases Annual Wind Market Reports, Finding Robust Wind Power Installations and Falling Prices

The U.S. Department of Energy (DOE) has released annual market reports documenting data and trends in wind installations, technologies, costs, prices, and performance through the end of 2018 for three sectors: utility-scale land-based, offshore, and distributed wind.

“Onshore wind energy installation continues to grow across the country, and [that proves] that we can pursue renewable energy advancements and deployment, particularly wind energy resources, which are predicted to surpass other sources of renewable power generation this year,” said Under Secretary of Energy Mark W. Menezes. “And with over 25 gigawatts in the development pipeline, U.S. offshore wind is poised to be a significant part of our comprehensive energy portfolio in the coming years……

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