Industry Analysis & Industry Trends
Wind turbine installation is one part of the multi-year process of creating a wind farm. As such, this industry's revenue is dependent on how much wind power capacity is added in a given year, making revenue highly volatile from year to year. Over the past five years, industry revenue has increased significantly as companies have pushed to complete projects before the federal production tax credit's 2012 expiration. A lack of projects slated for the near term will cause revenue to slump, though long-term offshore projects are on the horizon.... purchase to read more
Industry Report - Industry Locations Chapter
Industry services are distributed based on the areas that produce the largest amount of wind power. Two key forces explain wind power's geographic spread: the extent to which the wind blows reliably and access to suitable open space.
The Southwest and Plains
The major region in the United States that generates wind power is the Southwest. Texas is the dominant state in this region, with 22.0% of total US wind electricity generating capacity. If Texas were a country, it would rank sixth in the world for total wind capacity. The other states in the region have a further combined 6.2% of US wind capacity. Oklahoma and large portions of Texas (the northwest, the coast and the western-most part of the state) in particular are well exposed to power-producing winds... purchase to read more