The Energy Department released a new report today highlighting strong growth in the U.S. wind energy market in 2011, increasing the United States' share of clean energy and supporting tens of thousands of jobs, and underscoring the importance of continued policy support and clean energy tax credits to ensure that the manufacturing and jobs associated with this booming global industry remain in America. According to the 2011 Wind Technologies Market Report, the United States remained one of the world's largest and fastest growing wind markets in 2011, with wind power representing a remarkable 32% of all new electric capacity additions in the United States last year and accounting for $14 billion in new investment. According the report, the percentage of wind equipment made in America also increased dramatically. Nearly seventy percent of the equipment installed at U.S. wind farms last year—including wind turbines and components like towers, blades, gears, and generators—is now from domestic manufacturers, doubling from 35% in 2005. President Obama has made clear that clean, renewable wind energy is a critical part of an all-of-the-above energy strategy that aims to develop more secure, domestic energy sources, while strengthening American manufacturing.
"This report shows that America can lead the world in the global race to manufacture and deploy clean energy technologies," said Energy Secretary Steven Chu. "The wind industry employs tens of thousands of American workers and has played a key role in helping to more than double wind power over the last four years. To ensure that this industry continues to stay competitive, President Obama has called on Congress to extend the successful clean energy tax credits, which are benefitting businesses and manufacturers nationwide."
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