http://www.awea.org/newsroom/releases/US_Wind_Energy_Installations_Milestone_081006.html click on Wind Energy Outlook 2006
Fuel costs have been rising: Natural gas (which accounts for about 18% of U.S.
electricity generation) and oil (3%) have seen the most dramatic increases. Coal
(50%) is entering a period of higher prices as well–even Powder River
and Uinta Basin coal from Wyoming is expected to rise in price because of
higher demand for its low sulfur content. The price of uranium for nuclear
power generation has also increased considerably over the past fi ve years.
Platts, a major market analysis firm, “conservatively estimates that generating
electricity from renewable sources can ultimately save consumers more than
0.5 cent/kWh by eliminating fuel price risk.” That is approximately 10% of
wholesale electricity price.
Wind power development helps ease the natural gas shortage in particular
(wind power often displaces gas-fi red power because that is currently the most
expensive). In 2006, U.S. wind farms will generate an estimated 25 billion
kWh, saving over half a billion cubic feet of natural gas per day (0.5 Bcf/day).
Green Power Programs: Sold Out!
Homeowners, businesses, municipalities and other electricity customers are eagerly purchasing wind
and renewable energy from “green power” programs—especially if the product is exempt from fuel increase surcharges and allows them to lock in the stable price of wind power.
In the West and Midwest, utility Xcel Energy signed up 15 times more Windsource customers and chalked up a waiting list of more than 1,100 after receiving publicity about the fact that the price for its wind power product - which does not reflect fuel price surcharges - would dip below that of conventional electricity due to higher natural gas prices. Other utilities with popular, fi xed-price, largely wind-based green power programs include Austin Energy, OG&E in Oklahoma, and We Energies in Wisconsin. The number of large companies, organizations, and agencies purchasing green power also continues to grow: the Starbucks coffee chain announced a large wind power purchase in 2005, and in early 2006 the grocery chain Whole Foods Market purchased wind power for 100% of its operations. According to the EPA Green Power Partnership, as of January 2006, the U.S. Air Force was the largest purchaser of green power, followed by Whole Foods, the U.S. Environmental Protection Agency, Johnson & Johnson, and the U.S Department of Energy.