Wind farm
New installations place the U.S. on a trajectory to generate 20% of the nation’s electricity by 2030 from wind energy. Growth in 2008 channeled some $17 billion into the economy, positioning wind power as one of the leading sources of new power generation in the country, along with natural gas. Wind projects completed in 2008 accounted for about 42% of the entire new power-producing capacity added in the U.S. during the year.
Wind power
The wind industry in the United States generates tens of thousands of jobs and billions of dollars of economic activity. Wind projects provide local taxes, or payments in lieu of taxes and strengthen the economy of rural communities by providing income to farmers with wind turbines on their land.
Wind energy in many jurisdictions receives financial or other support to encourage its development. Wind energy benefits from subsidies in many jurisdictions, either to increase its attractiveness, or to compensate for subsidies received by other forms of production which have significant negative externalities.