WASHINGTON, D.C. – April 27, 2015 – (RealEstateRama) — “The administration’s Quadrennial Energy Review highlights the importance of electricity transmission to bringing our power grid into the 21st century and saving consumers money by making renewable energy more widely available.”
“Wind energy is ready to scale up now, with another recent Department of Energy report showing we can double wind-generated electricity in the next five years. After all, in the last five years the cost of wind energy has dropped by 58 percent. By adding more transmission, as today’s report recommends, we can tap more of this made-in-the-USA supply of energy. Such grid upgrades more than pay for themselves by reducing electricity costs and improving electric reliability for consumers.”
“The report also highlights how operating reforms would let us use the existing grid more efficiently, again benefiting consumers and enabling the integration of more renewable energy. Congress can do its part by reasonably extending the renewable energy Production Tax Credit this year for as long as possible. With stable policy, we can keep improving our technology, lowering costs, adding jobs, and helping keep the U.S. on track to a cleaner, more diverse energy portfolio.”
For more on the QER from the wind industry’s perspective, including resources and excerpts, please see Senior Director of Research Michael Goggin’s article on the AWEA blog today.
AWEA is the national trade association of the U.S. wind energy industry, with 1,000 member companies, including global leaders in wind power and energy development, wind turbine manufacturing, component and service suppliers, and the world’s largest wind power trade show, the AWEA WINDPOWER Conference & Exhibition, which takes place next in Orlando, FL, May 18-21, 2015. AWEA is the voice of wind energy in the U.S., promoting renewable energy to power a cleaner, stronger America. Look up information on wind energy at the AWEA website. Find insight on industry issues at AWEA’s blog Into the Wind. Join AWEA on Facebook. Follow AWEA on Twitter.