March 23, 2018 Read More →

Data Update: Texas and Oklahoma Lead U.S. Wind Race

S&P Global Market Intelligence ($):

During the last quarter of 2017, 3,799 MW of wind capacity came online in the U.S., mostly in two states.

According to an S&P Global Market Intelligence analysis, another 75,250 MW of wind capacity in various stages of development are scheduled to be completed through 2023.

Together, Texas and Oklahoma combined for over half of the capacity additions during the fourth quarter. Seven projects with a combined 1,329 MW became operational in Texas, and another three projects totaling 753 MW were completed in Oklahoma.

As of March 1, more than 75,000 MW of wind capacity was scheduled to come online in the U.S. through 2023. Of that, 4,968 MW, or 7%, was under construction while 10,699 MW, or 14%, was in advanced development. S&P Global Market Intelligence considers a wind project to be in advanced development when two of the following five criteria are met: financing is in place, a power purchase agreement is signed, turbines are secured, required permits are approved or a contractor has signed on to the project.

More ($): More than one-third of US Q4’17 wind additions were in Texas

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