Tag Archives: Tom Kiernan – American Wind Energy Association CEO

Fortune 500’s, traditional utilities: Everyone is buying wind power

 By Tom Kiernan, CEO, American Wind Energy Association
Huffington Post Contributor

Our research team ran the numbers, and the wind industry’s third quarter results paint a clear picture: wind power is in high demand across all sectors of the electricity market. Look no further than American Electric Power’s (AEP) Wind Catcher project in Oklahoma, announced during the third quarter. It will be one of the world’s largest wind farms once completed. “There’s a rebalancing of the generation resources, not only in our company but in this country, that’s going on,” said Nick Akins, the chief executive of AEP. “This project is consistent with our strategy of investing in the energy resources of the future, and it will save our customers money while providing economic benefits to communities.”

Read more here.

ADDITIONAL RECOMMENDED READING

WIND ENERGY RESOURCES

U.S. Wind Energy Industry Booming

The American Wind Energy Association (AWEA) published the US Wind Industry Second Quarter 2016 Market Report this week, revealing continuing strong growth in the industry. During the second quarter, a total of 169 wind turbines were installed over four states, with Texas installing 200 MW, followed by Kansas with 72 MW, Nebraska with 36 MW, and one turbine installed in Iowa.

AWEA

”There’s never been a better time to buy American wind energy,” said Tom Kiernan, CEO of AWEA.

“Smart utilities and other customers are locking in prices at record lows by starting construction this year to qualify for the full-value PTC. The industry is thriving thanks to policy stability, and we appreciate support from champions in Congress for a multi-year extension of the PTC. Wind power supports 88,000 well-paying jobs, and the wind turbine technician is the fastest growing profession in the U.S. This is what an efficient, performance-driven policy delivers – more low-cost clean energy and the American jobs that make it happen.”

PTC: Production Tax Credit

U.S. Wind Industry Second Quarter 2016 Market Report, American Wind Energy Association.
Click here to download the non-member version of the report. 

ADDITIONAL RECOMMENDED READING
AWEA: Wind industry set to provide 20% of US power by 2030, Utility Dive
MidAmerican Energy reaches settlement to move 2 GW wind farm forward, Utility Dive
 Alliant to invest $1 billion in Iowa wind energy, The Gazette