Following the late extension of the production tax credit (PTC) and historic levels of installation during the fourth quarter of 2012, the U.S. wind industry slowed dramatically during the first half of 2013. The U.S. wind industry installed 1.6 MW during the first quarter of 2013 and 0 MW during the second quarter. During the third quarter, the industry installed 69 MW. The total installed wind capacity is now 60,078 MW.
Activity is now picking up, however, with utilities issuing at least 28 requests for proposals (RFP) for wind, renewables or other capacity. These 2013 RFPs have already led to at least 3,900 MW of contracts for new wind builds, with more results forthcoming. Since January, nearly 6,000 MW of long-term power purchase agreements (PPAs) have been signed, utilities have announced more than 1,800 MW of self-builds, and as of September 30, 2013, 2,327 MW were under construction in thirteen states. The U.S. wind industry is gearing up to meet strong demand for more wind energy going forward.
Excerpt from the American Wind Energy Association’s (AWEA) U.S. Wind Industry Third Quarter Market Report 2013. Read the full summary here.