American Wind Energy Association. U.S. Wind Industry Fourth Third Quarter Market Report

Transcription

1 American Wind Energy Association U.S. Wind Industry Fourth Third Quarter Market Report A product of AWEA Data Services Released October January 28, 22, 2015 The American wind energy industry installed 1,602 megawatts (MW) in the third quarter of The 3,596 MW installed in the first three quarters of 2015 In more the than fourth doubles quarter the of capacity 2014, the installed American during wind the energy the first industry three installed quarters 3,600 of megawatts (MW). In total during 2014, 4,854 megawatts (MW) were installed, nearly five times more than the industry installed in The U.S. now has an installed The U.S. wind now has capacity an installed of 65,879 wind MW. capacity of 69,471 MW with over 13,250 MW of wind currently under construction and an additional 4,100 MW in the advanced There stages are of development. over 12,700 MW of wind currently under construction, with more than 3,300 MW of power purchase agreements signed in 2014.

2 Table of Contents Key Takeaways 3 U.S. Annual and Cumulative Wind Power Capacity Growth 4 U.S. Wind Power Capacity Installations, by State 5 U.S. Wind Power Capacity Installations, by Quarter 6 U.S. Wind Power Capacity Installations, Top States 7 Wind Power Capacity Under Construction 8 Map of Wind Power Capacity Under Construction 9 Wind Power Capacity in Advanced Development Full Version Only Power Offtake Status for Near-Term Projects Full Version Only Market Breakdown: Turbine Activity Full Version Only Utility-Scale Wind Projects Completed in Map of Projects Online & Under Construction in Wind Power Projects Under Construction Full Version Only New Power Purchase Agreements Full Version Only Map of Power Purchase Agreements Full Version Only American Wind Energy Association U.S. Wind Industry Third Quarter 2015 Market Report AWEA Public Version 2

3 Key Takeaways 2015 Wind Project Installations During the third quarter of 2015, the U.S. wind industry installed 1,602 MW of wind capacity, the second highest level of third quarter activity on record. A total of 848 turbines were installed across 13 projects in 7 different states. The most capacity was installed in Texas (771 MW), followed by Oklahoma (398 MW), Kansas (201 MW) and Illinois (175 MW). For the year, the U.S. wind industry has now installed 1,862 turbines totaling 3,596 megawatts (MW). This total more than doubles the 1,254 MW installed during the first three quarters of There are now 69,471 MW of installed wind capacity in the United States and 49,860 wind turbines. Texas now has over 16,000 MW of installed capacity, Oklahoma has over 4,000 MW and Kansas has over 3,000 MW. Wind Power Construction Activity Wind developers reported more than 13,250 MW of construction activity across 102 projects in 25 states. This includes over 1,250 MW of new construction announcements made during the third quarter. Texas continues to host the majority of under construction activity with over 6,300 MW. There are nearly 1,200 MW under construction in Oklahoma, over 870 MW under construction in Kansas and over 730 MW under construction in North Dakota. Near Term Wind Development Wind developers also reported over 4,100 MW of projects in the advanced stages of development. These projects have not started construction but have either signed a power purchase agreement (PPA), been announced under direct utility ownership, or placed a firm turbine order. Power Purchase Agreements, Corporate Purchasers and Southeast Expansion Corporate purchasers, cities and the Southeast continue to invest in wind power. Nearly 600 MW of PPAs were signed during the third quarter of 2015, bringing total PPA contracts signed since the beginning of 2013 to more than 13,000 MW. Amazon Web Services, Hewlett-Packard and the city of Washington, D.C. all signed PPAs for wind projects in North Carolina, Texas and Pennsylvania, respectively. Once constructed, the 208 MW North Carolina wind project will be the second and by far the largest wind farm to be built in the Southeast. The third quarter also saw the commissioning of two utility-scale wind projects with corporate purchaser investment from Microsoft and Wal- Mart Stores, Inc. American Wind Energy Association U.S. Wind Industry Third Quarter 2015 Market Report AWEA Public Version 3

4 U.S. Annual and Cumulative Wind Power Capacity Growth 70,000 Cumulative Capacity 65,877 69,471 60,000 Annual Capacity Installations 1Q Capacity Installations 60,012 61,110 2Q Capacity Installations 50,000 3Q Capacity Installations 46,930 Wind Power Capacity (MW) 40,000 30,000 4Q Capacity Installations 25,065 35,068 40,283 20,000 16,702 10,000 4,147 4,557 6,222 6,619 8,993 11, Note: Utility-scale wind capacity includes installations of wind turbines larger than 100-kW for the purpose of the AWEA U.S. Wind Industry Quarterly Market Reports. Annual capacity additions and cumulative capacity may not always add up due to decommissioned, uprated and repowered wind turbines. Wind capacity data for each year is continuously updated as information changes. American Wind Energy Association U.S. Wind Industry Third Quarter 2015 Market Report AWEA Public Version 4

5 U.S. Wind Power Capacity Installations, by State AK 62 CA 6,022 OR 3,153 WA 3,075 NV 152 ID 973 UT 327 MT 665 WY 1,410 CO 2,593 ND 1,886 SD 882 NE 810 KS 3,168 MN 3,035 IA 5,710 MO 459 WI 648 MI 1,531 IL 3,842 IN 1,745 KY OH 435 WV 583 PA 1,340 VA VT 119 NY 1,749 ME 465 NH 171 MA 107 RI 9 CT NJ 9 DE 2 MD 160 HI 203 AZ 268 NM 812 TX 16,406 OK 4,330 AR LA MS TN 29 AL GA SC FL NC PR to 100 MW >100 MW to 1,000 MW >1,000 MW to 5,000 MW >5,000 MW to 10,000 MW >10,000 MW American Wind Energy Association U.S. Wind Industry Third Quarter 2015 Market Report AWEA Public Version 5

6 U.S. Wind Power Capacity Installations, by Quarter 9,000 8,000 7,000 1Q 2Q 3Q 4Q 8,385 6,000 Wind Power Capacity (MW) 5,000 4,000 3,000 3,080 4,114 3,298 3,446 3,600 2,000 1,589 1,695 1,837 1,661 1,602 1, , ,118 1,050 1, , , American Wind Energy Association U.S. Wind Industry Third Quarter 2015 Market Report AWEA Public Version 6

7 U.S. Wind Power Capacity Installations, Top States Texas - 1 California - 2 Iowa - 3 Oklahoma - 4 Illinois - 5 Kansas - 6 Oregon - 7 Washington - 8 Minnesota - 9 Colorado - 10 North Dakota - 11 New York - 12 Indiana - 13 Michigan - 14 Wyoming - 15 Pennsylvania - 16 Through Q Q Q 2015 Texas has over 16,000 MW of installed capacity, more than twice the installed capacity in any other state. With 201 MW installed in the third quarter, Kansas now has over 3,000 MW of wind capacity, jumping from ninth to sixth place in the state capacity installation rankings. Oklahoma now has over 4,000 MW of installed wind capacity and 16 states have over 1,000 MW installed. Given construction activity, Iowa is currently on pace to overtake California and become the second-ranked state in installed capacity by the end of ,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000 11,000 12,000 13,000 14,000 15,000 16,000 17,000 Wind Power Capacity Additions during the Third Quarter 2015, Top States State Capacity (MW) Texas 771 Oklahoma 398 Kansas 201 Illinois 175 American Wind Energy Association U.S. Wind Industry Third Quarter 2015 Market Report AWEA Public Version 7

8 Wind Power Capacity Under Construction 15,000 14,000 13,000 12,000 New Under Construction in Quarter All Under Construction in Quarter Completed Capacity in Quarter High levels of construction activity continue into the third quarter, with over 1,250 MW in new construction announcements and more than 13,250 MW of total construction activity. These projects are presumed to have taken steps to qualify for the PTC through safe harbor or physical construction. 11,000 10,000 Wind Power Capacity (MW) 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1, Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13 4Q14 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q2015 American Wind Energy Association U.S. Wind Industry Third Quarter 2015 Market Report AWEA Public Version 8

9 Map of Wind Power Capacity Under Construction Current Construction Activity 1,000+ MW MW MW MW No construction confirmed by AWEA More than 13,250 MW of construction activity is underway across 102 projects in 25 states. Texas continues to host the majority of this activity with over 6,300 MW. Construction began on the first utility scale wind project in North Carolina during the third quarter and construction continues on the Block Island wind farm, the first offshore wind project in the U.S. Almost 19% of construction activity is located in the Midwest, from the Dakotas to Indiana and Michigan. An additional 16% of construction activity is located in the Plains states, ranging from Nebraska to Oklahoma. American Wind Energy Association U.S. Wind Industry Third Quarter 2015 Market Report AWEA Public Version 9

10 Utility-Scale Wind Projects Completed in 2015 State Project Name Project Capacity (MW) Turbine OEM Turbine Model Project Developer Project Owner Power Purchaser First Quarter 2015 IA Carroll Area Siemens SWT Own Energy NJR Clean Energy Ventures MidAmerican Energy NY New York State Thruway Authority 1.10 Vergnet GEV MP-R New York State Thruway Authority New York State Thruway Authority TX Baffin Gamesa G Iberdrola Renewables Iberdrola Renewables Merchant (ERCOT) TX Keechi Vestas V RES Americas Enbridge Microsoft Second Quarter 2015 CA Rising Tree South Vestas V CA San Gorgonio Farms Wind Farm 8.00 Refurbished Vestas EDP Renewables North America LLC EDP Renewables North America LLC Southern California Edison V42 San Gorgonio Farms San Gorgonio Farms Southern California Edison IL Hoopeston Wind Vestas V Apex Clean Energy IKEA Merchant (ERCOT) IL Method Manufacturing Plant 0.60 Refurbished NEG Micon OK Osage Wind GE Energy Tradewind Energy NM48 Rockwind Venture Partners Method Products Method Products Enel Green Power North America Associated Electric Cooperative Inc. SD Beethoven Wind, LLC GE Energy BayWa r.e. Wind, LLC BayWa r.e. Wind, LLC NorthWestern Energy TX Green Pastures Acciona Windpower AW-3000/116 Pioneer Green Capital Dynamics Merchant Hedge Contract TX Jumbo Road GE Energy Lincoln Renewable Energy BHE Renewables Austin Energy TX Longhorn Vestas V EDF Renewable Energy; RES Americas EDF Renewable Energy; BlackRock Merchant (ERCOT) TX Los Vientos III Vestas V Duke Energy Duke Energy Austin Energy TX Mesquite Creek GE Energy TX Stephens Ranch II GE Energy BNB Renewables; Sumitomo Corporation of America Wind Tex Energy and Mesa Power Sumitomo Corporation of America Starwood Energy Merchant (ERCOT) Merchant (ERCOT) Third Quarter 2015 AZ Red Horse Vestas V Torch Renewable Energy, LLC D. E. Shaw Renewable Investments, LLC Tucson Electric Power IA Wind GEM 1.85 GE Energy Wind GEM, LLC Wind GEM, LLC Central Iowa Power Cooperative IL Pilot Hill GE Energy EDF Renewable Energy; Vision Energy; Orion Energy Group EDF Renewable Energy Microsoft (125 MW); Merchant (50.1 MW) KS Buckeye GE Energy Invenergy Invenergy Lincoln Electric (100 MW) American Wind Energy Association U.S. Wind Industry Third Quarter 2015 Market Report AWEA Public Version 10

11 Utility-Scale Wind Projects Completed in 2015 State Project Name Project Capacity (MW) Turbine OEM Turbine Model Project Developer Project Owner Power Purchaser KS Stafford 0.85 Gamesa G HTWN Stafford County Flour Mills Co. Stafford County Flour Mills Co. ME Saddleback Ridge GE Energy Patriot Renewables Patriot Renewables Undisclosed OK Balko Wind GE Energy Apex Clean Energy D. E. Shaw Renewable Investments, LLC Public Service Co of Oklahoma (199.8 MW); WFEC (99.9 MW) OK Breckinridge GE Energy Tradewind Energy NextEra Energy Resources GRDA TX Logan s Gap Wind Siemens SWT Pioneer Green Pattern Energy Group, Inc. Wal-Mart Stores, Inc. (58%); Undisclosed (17%); Merchant (25%) TX Pleasant Hill Sany SE9320IIIE Tri Global Energy Ralls Corporation Xcel Energy TX Rattlesnake GE Energy CPV Renewable Energy; Invenergy Invenergy Merchant Hedge Contract TX Route Vestas V SunEdison Corridor Energy, LLC Merchant (ERCOT) TX Spinning Spur Vestas V EDF Renewable Energy; Cielo Wind Power EDF Renewable Energy; BlackRock City of Garland (50.4 MW); City of Georgetown (143.6 MW) American Wind Energy Association U.S. Wind Industry Third Quarter 2015 Market Report AWEA Public Version 11

12 Map of Projects Online & Under Construction in 2015 Projects Online 1Q 2015 Projects Online 2Q 2015 Projects Online 3Q 2015 Projects Under Construction as of 3Q 2015 WA MT ND ME OR ID SD MN WI NY VT NH MA CA NV UT WY CO NE KS IA MO IL MI OH IN KY WV PA VA CT NJ DE MD RI AZ NM OK AR TN NC SC MS AL GA TX LA AK HI FL American Wind Energy Association U.S. Wind Industry Third Quarter 2015 Market Report AWEA Public Version 12

13 For additional AWEA market analysis, please visit where you can download previous versions of the Quarterly Market Reports and the latest Annual Market Report. The AWEA U.S. Wind Industry Third Quarter 2015 Market Report can be accessed at Access the AWEA Market Database Pro at for a comprehensive database of all online and under construction wind projects, turbines, and active wind-related manufacturing facilities. For a spreadsheet with underlying data or with any corrections, please contact Hannah Hunt at hhunt@awea.org. American Wind Energy Association U.S. Wind Industry Third Quarter 2015 Market Report AWEA Public Version 13