The American Wind Energy Association (AWEA) is making its case for wind energy with their annual report released this week. The wind power industry brought in more than $20 billion in investments from the private sector last year, with the majority of the funds going to constructing new wind farms and producing more efficient wind turbines, the report said.
Twenty states are now generating more than 5 percent of their electricity from non-hydro renewables, according to the Energy Information Administration and a record five states received more than 10 percent of their electricity from wind in 2011.
The AWEA report said wind energy is also a job-creator. Seven states have at least 4,000 wind jobs apiece. The industry's geographic reach now stretches from Iowa to Texas to Illinois, Ohio, Colorado, California and Michigan, the AWEA said in a press release.
"This shows what wind power is capable of: building new projects, powering local economies and creating jobs," Denise Bode, CEO of the American Wind Energy Association, said in a press release. "Traditional tax incentives are working. This tremendous activity is being driven by the federal Production Tax Credit (PTC) - which leverages as much as $20 billion a year in private investment and supports tens of thousands of manufacturing jobs."
by RTT Staff Writer
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