Industry Analysis & Industry Trends
The Wind Power industry generates revenue from owning and operating wind farms and selling the produced energy to downstream customers. Over the past five years, favorable government assistance has made this energy source cost competitive with other electricity-generation sources, lifting wind power's share of the total electricity generated in the United States. However, the federal production tax credit (PTC) expired on December 31, 2013, and no new tax incentive has been established, which will likely constrain industry growth by increasing wind farm construction costs. In the five years to 2019, stronger economic activity and a focus on energy independence and reducing greenhouse gas emissions will contribute to growth in wind power production... purchase to read more
Industry Report - Industry Products Chapter
The Wind Power industry produces a single product, electricity, from a single energy source, wind. Industry companies build out wind farms with varying electric capacities depending on the size of the land available and the strength of wind flows in the area. About 85.0% of wind electricity is generated by independent power producers, while the remaining 15.0% is produced by electric utility companies.
Utility scale wind
Utility scale wind, estimated to account for 69.7% of industry revenue, is defined as wind farms that have greater than one megawatt (MW) of energy capacity. One MW of energy equates to enough power to provide electricity to 200 US households... purchase to read more