Wind Power Becoming Increasingly Affordable
The Department of Energy (DOE) recently released a report examining the future of wind power through 2050, as well as the economic benefits that come with a robust wind industry. “Wind Vision: A New Era for Wind Power in the U.S.” reportedly confirms that, with technological advancements driving projected cost reductions, in combination with continued siting and transmission development, wind power can be economically deployed to provide renewable power in all 50 states.
The report highlights the importance of wind in the nation’s energy portfolio and how critical it is to advance wind’s position in the energy marketplace to maintain the nation’s existing wind manufacturing infrastructure and economic benefits. In addition, it includes a roadmap that defines actions needed to realize the economic and social benefits of a robust wind energy future. Through continued cost reductions and further investments in wind energy systems, wind power is projected to be directly competitive with conventional energy technologies within the next decade.
“Every year, wind becomes cost-competitive in more states, and this ‘Wind Vision’ report shows that all 50 states could have utility-scale energy by 2050,” said White House Deputy Assistant to the President for Energy and Climate Change Dan Utech. “The U.S. is uniquely poised to accelerate development of this important resource and technology, and the report will help us continue to build on the strong progress we’ve already made.”
For more information, visit www.energy.gov.