AWEA U.S. WIND INDUSTRY 2017 ANNUAL MARKET REPORT. Celeste Wanner Research Analyst, Research & Analytics Team

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1 AWEA U.S. WIND INDUSTRY 2017 ANNUAL MARKET REPORT Celeste Wanner Research Analyst, Research & Analytics Team

2 Outline 1. Wind Industry Activity in Market Rankings 3. Power Purchaser Trends 4. Technology and Manufacturing Trends 5. State, Economic, and Environmental Benefits 6. Transmission and Offshore

3 U.S. Annual and Cumulative Wind Capacity Growth 7,017 MW installed in ,379 MW of wind power at the end of 1Q 2018 Over 54,000 wind turbines across the U.S. U.S. wind power capacity has more than tripled since 2008 Wind is #1 renewable energy capacity source Source: AWEA U.S. Wind Industry First Quarter 2018 Market Report

4 Wind Energy Remains a Top Choice of New Power Capacity Regional Power Capacity Additions,

5 State Rankings Cumulative State Rankings 2017 State Rankings

6 Wind Power Capacity in 41 States, Guam, and Puerto Rico Source: AWEA U.S. Wind Industry First Quarter 2018 Market Report

7 33,499 MW Under Construction or in Advanced Development Under Construction Advanced Development Source: AWEA U.S. Wind Industry First Quarter 2018 Market Report

8 Wind Energy Provided 6.3% of U.S. Electricity in 2017 Wind s Share of Electricity Generation Top Wind Generation States

9 Market Rankings: Wind Project Ownership 2017 Wind Power Ownership Cumulative U.S. Wind Power Ownership

10 Market Share: Wind Turbine Manufacturers 2017 Turbine Manufacturer Market Share Cumulative Wind Fleet Market Share

11 Long-term contracts remain preferred offtake type

12 U.S. Wind Power Purchasers: Electric Utilities are Primary Customers

13 U.S. Wind Power Purchasers: Corporate and Non-Utility Customers Wind Power Purchases by Year More than 9,000 MW of wind procured through 2017, primarily through PPAs

14 Turbine Technology Continues to Evolve Wind turbines built in 2014, 2015, and 2016 achieved capacity factors over 40% during 2017 Average capacity: MW MW 113 m 113 m 86 m 86 m

15 Over 500 Wind-Related Manufacturing Facilities

16 Major Component Manufacturing Facilities

17 U.S. Wind Industry Employs 105,500 Americans 2017 Wind Jobs by State Top 5 States 1. Texas (24,001 to 25,000) 2. Oklahoma (8,001 to 9,000) 3. Iowa (7,001 to 8,000) 4. Colorado (5,001 to 6,000) 5. Illinois (5,001 to 6,000) Wind Jobs Over Time

18 Over $11 billion invested in new wind projects in 2017 $145 billion in private capital investment over past 10 years Landowner lease payments ~$267 million in 2017 Property, local, and state tax revenue

19 Wind Delivers Environmental Benefits Avoided Carbon Emissions Wind energy avoided 189 million metric tons of CO 2 in 2017 Displaced 415 million pounds of sulfur dioxide and 270 million pounds of nitrogen oxides Reduced water consumption at existing power plants by 95 billion gallons

20 Wind industry present in 70% of congressional districts Top Wind Capacity Districts Districts with Wind Capacity or Manufacturing Facilities

21 Six transmission projects completed in MISO, PJM, and SPP in 2017 Completed and Proposed Transmission Lines Near-term transmission projects in development could support tens of thousands of additional wind MWs Record level of new wind capacity added to interconnection queues in 2017 Total wind capacity in the queue exceeds 181,000 MW, the highest level in six years Wind had second most capacity in interconnection queues. Solar led in first place, natural gas ranked third

22 Offshore Wind on the Horizon 14 proposed offshore wind projects spanning 10 states at the end of projects with PPAs or ORECs Proposed projects represent over 12,500 MW of potential offshore wind development Project sizes range from 12 MW up to 2,000 MW

23 AWEA Data Services Past Quarterly and Annual Market Reports: WindIQ windiq.awea.org Additional Analysis Available: State RPS Market Assessment, Corporate Purchasers, Property Tax Treatment, and More Questions or Feedback?