Big findings for the wind industry! The @U.S. Department of Energy’s (DOE) Wind Energy Technologies Office has recently released three new reports showcasing the wind energy sector’s resilience and growth. Despite a year of ups and downs, the wind industry has shown remarkable potential. Key insights from the 2024 reports include:
➡️ Wind power supports over 125,000 American jobs.
➡️ The Inflation Reduction Act (IRA) has significantly boosted near-term wind deployment forecasts and driven billions in investment for the domestic wind supply chain.
➡️ Thanks to the IRA, near-term wind energy forecasts have surged by over 30%, with new additions expected to reach levels that can power more than 4.5 million homes annually by 2026 and over 6 million American homes by the end of the decade.
➡️ Wind energy benefits public health by reducing emissions of pollutants, providing clean energy to the grid and clean air to our lungs! When converted to a dollar value, the health and climate benefits of wind are 2.5 times its cost!
As one of the most cost-effective electricity sources in America, wind energy is poised for impressive growth. Explore the full reports to see how these developments are shaping wind energy and what’s on the horizon: https://lnkd.in/dWBPD4rY
#WindEnergy #RenewableEnergy #CleanEnergy