Thursday, February 5, 2009

US Wind Power Grew By 50% In 2008 As China's Doubled

Vail Resorts said Tuesday that it would buy credits for wind power like that generated by the turbines at the Gray County Wind Farm in Kansas. Orlin Wagner/Associated Press (New York Times)

From Ars Technica:

The Global Wind Energy Council, an industry group, has totaled the past year's growth in generating capacity, and found that wind had a very good year, with US wind power having its highest annual growth ever, and China doubling its installed capacity.

Many renewable energy technologies, most notably photovoltaic, are struggling to reach what's called "grid parity," where the cost of the power they generate matches that of fossil fuel generation. One technology that's largely there is wind, as maturing turbine technology and economies of scale have made the economics of wind power quite competitive. Those economics can clearly be seen in the latest figures on the growth of the wind industry, which cover 2008. Among the milestones: wind was the largest component of Europe's growth in electric generating capacity, the US became the world's top wind energy producer, and China doubled its installed capacity in just a year—for the fourth year running.

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