We Can Grow the U.S. Wind Industry, but Effective Policy Is Critical

A PTC extension is a clear favorable for the wind industry however getting the information right is crucial towards keeping this positive momentum in the near term.
Structuring the PTC so that it guarantees steady growth each year is the important very first step. This will be excellent not only for eco-friendly energy, however for preserving the kind of stable supply chain and tasks that will be required to bring a substantial quantity of new wind power online between now and 2030 … the very reason why a long-term extension of the PTC is being considered.
Weve provided the turbines for Americas very first offshore wind farm ever and will provide the turbines for the Vineyard Wind I offshore wind task that will end up being the countrys first utility scale overseas wind farm.

By Jérôme PécresseOctober 13, 2021
GE 2.8-127 onshore wind turbines at Plum Creek wind farm, Nebraska.
Wind power continues to play an ever-growing role in helping the U.S. decarbonize electrical power production, an important part of attending to environment change. Last year, 41% of brand-new electrical power generation capability in the U.S. came from land-based wind energy– more than from any other source– according to the U.S. Department of Energy.
A PTC extension is a clear favorable for the wind industry but getting the information right is essential toward keeping this positive momentum in the near term.
Given the urgency of environment modification, we require to make sure that we are growing renewable energy– and a strong U.S. supply chain– every year, not losing momentum. Because sense, a long-term PTC extension likewise presents an obstacle for the wind industry, as more than a years of information reveals that new wind turbine setups generally drop off drastically in the first year or 2 following an extension year, delaying the construct out of new eco-friendly energy assets.
It goes without stating that such a decline would run versus the urgency of achieving enthusiastic emission and clean energy goals and might have a negative effect on the U.S. supply chain, which relies on constant work.
Put merely: the development of tidy energy growth and U.S. tasks will be at risk if policy makers do not concentrate on the requirement for consistent development for the market in 2022 and the coming years. This needs smart policies that show the seriousness of the requirement to gradually grow renewables today to counter the likely cyclical hold-ups. Structuring the PTC so that it guarantees stable development each year is the important primary step. This will be good not just for renewable resource, but for keeping the type of steady supply chain and tasks that will be needed to bring a significant amount of brand-new wind power online in between now and 2030 … the very reason why a long-lasting extension of the PTC is being thought about.
The onshore wind market currently employs 120,000 Americans across all 50 states, including 26,000 wind manufacturing tasks at over 500 facilities. And the offshore wind industry that is simply beginning in the U.S. is forecasted to create over 80,000 tasks by 2030.
At GE Renewable Energy were happy to have actually done our part. Last year, the American Clean Power Association (ACPA) acknowledged GE as the leading maker of wind turbines in the U.S. in 2020 — for the 3rd year in a row. Weve provided the turbines for Americas first overseas wind farm ever and will supply the turbines for the Vineyard Wind I offshore wind task that will end up being the countrys first energy scale offshore wind farm.
As a crucial player in the U.S. wind market, we encourage policy makers to put in location sensible policies that provide both long-lasting certainty and short-term stability in the wind energy market, gratifying tasks that move quickly to advance our energy development. Such a method is the best method to preserve the momentum for the U.S. wind power market– protecting tasks and the environment
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