Wind Energy Industry Highlights of 2009

Reflecting on a year that opened with high expectations for renewable energy from the new Obama Administration and was buffeted by economic storms, AWEA identified the wind industry’s top accomplishments in 2009.
“Wind power is a symbol of hope in our economy and supports thousands of jobs, but U.S. wind turbine manufacturing is lagging at the very time that the global clean energy race is heating up,” said AWEA CEO Denise Bode. “One of the most urgent measures that our government can enact is a national Renewable Electricity Standard, which will unleash in the U.S. a wave of manufacturing investment that will otherwise go overseas. Many companies are eager to enter or ramp up their activities in this sector, as this year’s highlights show, but all need to see a long-term commitment with hard targets to renewable energy in order to be able to invest.”

The top accomplishments and developments include:

* American Recovery and Reinvestment Act (ARRA) of 2009 Funds a Lifeline: The ARRA included several provisions to spur development of wind and other renewable energy industries along with the Treasury Grant Program, which by year end had supplied over $1.5 billion in crucial capital. Since the early July announcement to implement the stimulus bill, at least 37 different wind projects, using large and small turbines, have been recipients of the grant program, powering the equivalent of 800,000 homes and providing a lifeline for the industry and sustaining wind power as a bright spot in the economy.

* … But Manufacturing Still Lags: Wind turbine manufacturing, however, has fallen behind 2008 levels in both announcements and in production activity. While this is bad news, the good news is that a solution is readily available: A strong national Renewable Electricity Standard (RES) will create the market certainty that manufacturers need in order to invest, enabling the U.S. to become a wind turbine manufacturing powerhouse creating hundreds of thousands of jobs.

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