US wind growth faces deceleration

According to new forecast, annual installation is set for a halving from nearly 13GW to less than 6GW.
Photo: Marcus Emil Christensen
Photo: Marcus Emil Christensen

By a number of indications, additional installed wind capacity in the US between 2022 and 2025 will be far below that of the preceding three years.

Recharge News reports that in 2019 to 2021, annual installed wind capacity reached 38.6GW, but data shows that projects ”with a high probability of completion” will add only 17.4GW between November 2022 and October 2025, evidenced by an analysis carried out by analyst firm Velocity Suite, which is owned by Hitachi Energy.

Consequently, annual installations is, on average, in for a halving from approx. 13GW to less than 6GW, also below the level seen between 2017 and 2019 when 22GW of wind capacity was added to the US market.

According to the analysis, 98 wind farms, both onshore and offshore, are set to be installed with a high degree of probability. Meanwhile, 202 other projects are in development and these plans could still come to fruition, which would add another 50GW.

Historically, only 23% of all proposed wind projects reach the finish line in the US. If the same ratio would apply for the 202 projects in development, it would entail additional wind capacity of 11GW on the whole, or 3.8GW per annum, being set up.

This would result in installed capacity of less than 10GW in total, still far below the standard of the preceding three-year period.

In the US, proposed renewable energy projects totaling 900GW have requested access to the nation’s electricity grid. Solar energy makes up 75-80% of these projects. 

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