Today, the American Wind Energy Association (AWEA) released its U.S. Wind Industry Annual Market Report, Year Ending 2016. A few key takeaways from the report include: "record wind jobs," "generation records set," "corporations and utilities want wind," "wind benefits every state," "wind reduces emissions and saves water" and much more.
Chris Brown, chairman of the board of the American Wind Energy Association and president of Vestas-American Wind Technology, Vestas’ North American business unit, has a piece in the Austin American-Statesman that explains very well why wind power is winning in Texas and across America.
Clearly, all of those are major advantages for clean energy over fossil fuels, which means that if those factors had been considered, clean energy would score even higher. But simply looking at reliability and fuel security, clean energy scores very well in the new PJM study, even given its highly conservative assumptions.
Given the enormous benefits, both actual and potential, that PACE offers, we're glad to hear that DeVries and others are working to do what it takes to move this industry from "fairly nascent" to the "big leagues."
What would such a transition look like? Yesterday, the IEA and International Renewable Energy Agency (IRENA) rolled out a new report laying out the investment path to reach a "low-carbon energy system" by 2050 and a complete phaseout of fossil fuels by 2060.
We've previously written about how long-term forecasts of clean energy by the U.S. Energy Information Administration (EIA) have been wildly, almost laughably low. Now, a new study by Oil Change International and Greenpeace finds the same pattern for oil companies' forecasts of renewable energy, and also for electric vehicles.
In sum: wind power is seeing soaring installations and plummeting prices, spurring economic activity and creating jobs wherever it goes. Not too shabby for this clean (e.g., uses no water, emits no CO2 or other air pollutants), inexhaustible power source.