• 2 minutes U.S. Presidential Elections Status - Electoral Votes
  • 5 minutes “Cushing Oil Inventories Are Soaring Again” By Tsvetana Paraskova
  • 7 minutes United States LNG Exports Reach Third Place
  • 52 mins China sends warplanes thru Taiwan airspace. Joe's reponse . . . .
  • 3 hours Joe Biden's Presidency
  • 1 hour Biden suspends oil and gas drilling on Federal Lands for 60 days for review.
  • 4 hours Navalny Poisoning Weakens Russo German Relations
  • 3 hours The World Economic Forum & Davos - Setting the agenda on fossil fuels, global regulations, etc.
  • 6 hours Will Empire be brazen about stealing OIL from Venezuela?
  • 23 hours So Is COVID a Media Hoax or Not?
  • 3 hours Here it is, the actual Complaint filed by Dominion Voting Machines against Sydney Powell
  • 9 hours Minerals, Mining and Industrial Ecology
  • 1 day a In 2020, we produced and delivered half a million cars.
  • 1 day JACK MA versus Xi Jinping
  • 1 day GENERAL NORMAN SCHWARZKOPF: The Third Tour
The Biden Boom Is Coming And These Stocks Could Soar

The Biden Boom Is Coming And These Stocks Could Soar

With the Biden Administration likely…

Oil Majors Win Big As LNG Prices Soar

Oil Majors Win Big As LNG Prices Soar

Spiking natural gas prices in…

US Wind Industry Installed Record Number of Wind Turbines in 2012

The American Wind Energy Association (AWEA) was proud to announce that a record number of wind turbines have been installed in 2012, although how long that growth will continue depends on whether the government decide to scrap the production tax credit at the end of the year.

A report by the AWEA noted that in August the US exceeded 50,000 megawatts of installed capacity, enough to power 13 million homes.

So far in 2012 developers have added a record 4,728 megawatts of wind power capacity, 40% more than the same time last year, with another 8,430 megawatts under construction.

Denise Bode, chief executive of the AWEA, praised the production tax credits, saying that “this is what a successful policy looks like when it's working, but whether wind will continue to be a bright spot in the U.S. economy now depends on whether Congress acts to extend the production tax credit by the end of the year.”

Related Article: Rural Alaska Shows us the Way for Wind Energy Installations

Bode referred to a forecast report by Navigant Consulting when she said “it is up to Congress to bring it to a vote or else lose 37,000 jobs by the first quarter of next year.”

The states with most newly installed wind capacity during the third quarter of the year are Kansas with 473 MW, Oregon with 333 MW, Texas with 281 MW, Oklahoma with 229 MW, and Nevada with 152 MW.

By. Charles Kennedy of Oilprice.com



Join the discussion | Back to homepage



Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News