Will big corporations snatch the wind opportunity away from utilities?
There is a remarkable “wind rush” on in the U.S., and utilities are falling behind.
Installations jumped 400% from 2013 to 2014. A record 11,300 MW of wind was contracted for in those two years, but utilities lost 23% of the capacity to new players in the space.
“Among the 4,854 MW commissioned during 2014, 40% of the capacity was contracted under long term power purchase agreements (PPA)… and 26% is utility-owned,” according to the “U.S. Wind Industry Annual Market Report” from the American Wind Industry Association (AWEA), the wind sector trade group.