U.S. clean energy gains competitiveness

A Lastest News about Renewable Energy in the United States

Last updated: 19 Jul 2011

Market reports for wind energy, advanced vehicles, and fuel cell technologies highlight improving U.S. global competitiveness in the clean energy economy.

18 July 2011 U.S. clean energy gains competitiveness The U.S. Department of Energy (DOE) released this week three 2010 market reports, which detail the market conditions and trends for wind energy, advanced vehicles, and fuel cell technologies. The reports highlight improving U.S. global competitiveness in the clean energy economy. Regarding wind turbines, for instance, domestic manufacturing increases, performance improves, and prices decline driving the cost of wind energy down. Wind turbines in Oregon. © Charles Bolin The reports, facilitated by the DOE's Office of Energy Efficiency and Renewable Energy (EERE), signal important developments across clean energy and energy efficiency sectors. Wind energy costs down in coming years The 2010 Wind Technologies Market Report, produced by DOE?s Lawrence Berkeley National Laboratory, analyzes trends in wind power capacity, manufacturing, performance, and costs. The results indicate that wind energy installations comprised 25 percent of new U.S. electricity capacity additions in 2010, representing USD11 billion in new investments and enough new capacity to power roughly 1.3 million homes. The report also notes that U.S. manufacturing of wind turbine components continues to increase, with domestically produced goods used in U.S. wind power projects reaching approximately 68 percent in 2009-2010, up from 52 percent in 2005-2006. Another key finding from the report is a 33 percent decline in wind turbine prices since 2008. The report predicts that current turbine prices and improved turbine performance will drive the cost of wind energy down further in the coming years. Fuel cell costs also continue to fall The 2010 Fuel Cell Technologies Market Report, produced by the Breakthrough Technologies Institute, provides an overview of trends in the fuel cell industry, including product shipments, market development, and corporate performance. The report indicates continued growth in commercial deployments, especially material handling equipment like forklifts and lift trucks, combined heat and power (CHP), and back?up and auxiliary power unit (APU) applications. The report shows that fuel cell costs continue to fall, noting that the high-volume cost of automotive fuel cells declined to USD51 per kilowatt an 80 percent reduction since 2002. Commercial sales continue to grow as the number of fuel cell units shipped from North America quadrupled between 2008 and 2010. With increasing market penetration, falling costs, and significant improvements in performance and durability, positive trends in the fuel cells market are expected to continue into 2011 and beyond. Number of hybrid cars to rise significantly Earlier this year, DOE and its Oak Ridge National Laboratory released the 2010 Vehicle Technologies Market Report, which documents trends in fuel efficiency, component suppliers, and the overall market for alternative fuel vehicles. The report finds that in the past five years, car manufacturers have produced cars that are more energy efficient, incorporated innovative lightweight materials, built cleaner-burning engines, and deployed new hybrid electric systems that reduce the need for traditional petroleum-based fuels. The report also predicts that the number of hybrid electric vehicles (HEVs) and plug-in HEVs will rise significantly with increases in production, particularly in battery manufacturing. Hybridization and efficiency improvements show the most promise for reducing heavy truck fuel consumption in the coming years. Sources: DOE Related: Growth of global renewable energy continues Global investments in green energy up U.S. solar grew sharply in 2010, still lags Europe U.S. aims to make PV solar cost competitive by 2020 U.S. renewable energy consumption continues to increase U.S. on track to double renewable capacity by 2012
Posted: 18 July 2011, last updated 19 July 2011

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