John Hensley

Deputy Director of Industry Data & Analysis, American Wind Energy Association

September 28, 2017

AWEA is the national trade association of the U.S. wind energy industry. We
represent 1,000 member companies and over 100,000 jobs in the U.S.
economy, serving as a powerful voice for how wind works for America.
Members include global leaders in wind power and energy development,
turbine manufacturing, and component and service suppliers. They gather
each year at the Western Hemispheres largest wind power trade show, the
AWEA WINDPOWER Conference & Exhibition, next in Chicago, Illinois, May 7-
10, 2018. Find information about wind energy on the AWEA website. Gain
insight into industry issues on AWEA's blog, Into the Wind. And please join us
on Facebook, and follow @AWEA on Twitter.
AWEA Data Services
Market Database Pro is AWEAs flagship data service. The web-based application is a comprehensive, interactive
database that provides downloadable data on all operational, under construction, and advanced development wind
projects and wind-related manufacturing facilities in the United States. The application is paired with interactive web
mapping features and Tableau Dashboards for easy data visualizations.
www.awea.org/database or stats.awea.org

Quarterly and Annual market reports: www.awea.org/marketreports

Evolution of the Corporate Wind PPA: Market Insights

State fact sheets

Whitepapers

Industry Maps

Questions or Feedback? E-mail stats@awea.org

 Upcoming AWEA Conference

Wind Energy Finance and

Investment Conference
October 25 26 | New York, NY
 U.S. Annual and Cumulative Wind Power Capacity Growth

2,237 MW
installed 1h2017

Source: AWEA U.S. Wind Industry Second Quarter 2017 Market Report
 U.S. Wind Power Capacity Installations, by Quarter

2,357 MW installed
for the year.

Source: AWEA U.S. Wind Industry Second Quarter 2017 Market Report
 84,405 MW of U.S. Wind Power Capacity in 41 States

Source: AWEA U.S. Wind Industry Second Quarter 2017 Market Report
 Wind power is increasing on the grid, reliably integrated

The SPP power grid in 14 states

now peaks at over 50% wind

Wind now generates nearly 40%

of Iowas electricity year-round

14 states produce over 10% of

in-state electricity from wind

Source: U.S. Wind Energy Share of Electricity Generation, by State

AWEA U.S. Wind Industry Annual Market Report Year Ending 2016
Wind Energy Provided 27% of Capacity Additions in 2016

Source: AWEA U.S. Wind Industry Annual Market Report Year Ending 2016
 U.S. Wind Power Capacity, Top States

Texas and Kansas lead in

year-to-date installations.

Source: AWEA U.S. Wind Industry Second Quarter 2017 Market Report
 25,819 MW Under Construction or in Advanced Development

41% year-over-year
increase.
Activity spread
across 143 projects
in 29 states.
30% of combined
activity located in the
Midwest, 27% in
Texas, 22% in the
Mountain West.

Source: AWEA U.S. Wind Industry Second Quarter 2017 Market Report
 Wind Power Capacity Under Construction in 21 States

21 projects started
construction across 10 states.
Texas hosts 39% of total
construction activity.
30% in Mountain West, 13% in
both Plains states and
Midwest.

Source: AWEA U.S. Wind Industry Second Quarter 2017 Market Report
 Wind Power Capacity Offtake Status

28,200 Under Construction and

Advanced Development
25,819
2,357
9,648 8,579 Offtake Status
214 37% 33%
2,200
9%
265
Wind Power Capacity (MW)

2,000 151
281 6% <1%
1,800 12% 1,784 5,750
1,600 7% 22%
1,400
1,200
1,000
1,711
800 73% 28% of the installed capacity for the
first half of the year is contracted to
600
non-utility purchasers.
400
Xcel Energy first-ranked utility for
200 wind capacity reported as under
0 construction or in advanced
Online 2017 Construction and development (3,460 MW).
Advanced Development

Power Purchase Agreement (PPA) Merchant

Utility or Direct Ownership Undisclosed
Merchant Hedge Contract

Source: AWEA U.S. Wind Industry Second Quarter 2017 Market Report
 Power Purchaser Activity
1,697 MW of PPAs signed
during the second quarter.

Source: AWEA U.S. Wind Industry Second Quarter 2017 Market Report
 Power Purchaser Activity

Source: AWEA U.S. Wind Industry Second Quarter 2017 Market Report
 Trend: Major brands cutting costs & pollution with wind

Source: Non-utility purchases by year of announcement, inc. physical and virtual PPAs, direct ownership, and large-scale REC purchases from a single wind farm,
AWEA U.S. Wind Industry Annual Market Report Year Ending 2016
Key players project ownership
Cumulative

2016

Source: AWEA U.S. Wind Industry Annual Market Report Year Ending 2016
 Turbine Manufacturer Trends
Wind Power Capacity (MW)
0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000 11,000 12,000 26,000

Online 2017 2,357

Construction and
25,819
Advanced Development

GE Renewable Energy Vestas

Nordex USA Others
Siemens Gamesa Renewable Energy Unknown

GE Renewable Energy, Siemens Gamesa Renewable Energy, and Vestas captured a combined 97% of
the U.S. wind turbine market during the first half of 2017.
4 different turbine models installed during the second quarter, ranging in size from 2 MW to 3.3 MW.

Source: AWEA U.S. Wind Industry Second Quarter 2017 Market Report
 Deal to phase down Production Tax Credit ended boom-bust era

Source: AWEA U.S. Wind Industry Annual Market Report Year Ending 2016
 Wind power is increasingly cost-competitive

2016 Unsubsidized Levelized Cost of Energy

($/MWh)

WIND

Source: Lazard, Version 10.0, 2016

Wind PPA prices are low
 Wind contracts beat natural gas cost projections

Sources: EIA, Lawrence Berkeley National Laboratories, 2016 Wind Technologies Market Report, August 2017
Evolution of the Average Utility-Scale Turbine

2.15 MW

108 m

83 m

Source: AWEA U.S. Wind Industry Annual Market Report Year Ending 2016
 Map of Wind Projects, by Rotor Diameter

51% of turbines
installed in 2016
had rotor
diameters of 110
meters or longer

Source: AWEA U.S. Wind Industry Annual Market Report Year Ending 2016
 Technology innovation fostering increased performance

Source: AWEA U.S. Wind Industry Annual Market Report Year Ending 2016
Wind power outlook
14

Consultants expect 55 GW of
12 new wind additions by 2025

10

6
Gigawatts (GW)

0
2017 2018 2019 2020 2021 2022 2023 2024 2025

Source: MAKE, IHS, Navigant, BNEF

U.S. Offshore Wind Energy Activity

Maryland PSC OREC awards to 248 MW Maryland Offshore Wind Project and 120 MW Skipjack Wind
Farm.
State of Massachusetts RFP for a minimum of 400 MW (up to 800 MW) of offshore wind capacity.

Source: AWEA U.S. Wind Industry Second Quarter 2017 Market Report
 Upcoming AWEA Conference

Wind Energy Finance and

Investment Conference
October 25 26 | New York, NY