QUARTERLY MARKET REPORT and Reports/Market Reports/1Q...• In terms of offtake, 42% of capacity in the pipeline has a PPA in place, while 21% is utility owned and 8% has a merchant

American Wind Energy Association | U.S. Wind Industry First Quarter 2019 Market Report | AWEA Member Version 119U.S. WIND INDUSTRYQUARTERLY MARKET REPORT

FIRST QUARTER 2019

American Wind Energy Association | U.S. Wind Industry First Quarter 2019 Market Report | AWEA Member Version 2

Table of ContentsFirst Quarter Highlights 3

U.S. Wind Power Capacity Growth

U.S. Annual and Cumulative Wind Power Capacity Growth 4

Quarterly U.S. Wind Power Capacity Installations 5

New Wind Power Capacity Installations in First Quarter 2019, by State 6

U.S. Wind Power Cumulative Installed Capacity, by State 7

Wind Power Capacity Under Construction or in Advanced Development 8

Wind Power Capacity Under Construction 9

Wind Power Capacity Under Construction, by State Member Version Only

Wind Power Capacity in Advanced Development Member Version Only

Wind Power Capacity in Advanced Development, by State Member Version Only

Wind Power Capacity Under Construction or in Advanced Development, Top States Member Version Only

Wind Power Procurement Activity

Wind Power Capacity Offtake Status Member Version Only

Quarterly Wind Power Purchase Agreements Member Version Only

2019 Power Purchase Agreements Member Version Only

Map of Power Purchase Agreements Announced in 2019 Member Version Only

Mergers & Acquisition Activity Member Version Only

Wind Turbine Market Trends

Wind Turbine Manufacturer Market Member Version Only

Turbine Technology Trends Member Version Only

Regional Turbine Technology Trends Member Version Only

U.S. Offshore Wind Energy Activity 22

Appendices

Map of Projects Online in 2019, Under Construction, or in Advanced Development 23

Utility-Scale Wind Projects Completed in 2019 24

Utility-Scale Wind Projects Under Construction Member Version Only

Utility-Scale Wind Projects in Advanced Development Member Version Only

2019 Power Purchase Agreements Member Version Only

2019 Project Acquisition Activity Member Version Only

2019 Electric Utility Renewable Energy Requests for Proposals (RFPs) Member Version Only

AWEA Data Services 36


First Quarter Highlights

2019 Wind Project Installations• The U.S. wind industry installed 841 MW of new wind power capacity in the first quarter of 2019, a 107% increase over installations in the first

quarter of 2018.

• Project owners commissioned seven new project phases across five states. Iowa led with 536 MW installed, followed by Michigan (161 MW), Illinois (76 MW), Minnesota (67 MW), and Alaska (1 MW).

• There are now 97,223 MW of cumulative installed wind capacity in the United States, with more than 56,600 wind turbines operating across 41 states and two U.S. territories.

Wind Capacity Under Construction or in Advanced Development• There are currently 17,213 MW of wind capacity under construction and 21,949 MW in advanced development. The combined 39,161 MW represents an

11% increase over the previous quarter and the highest volume since AWEA began tracking both categories in 2016.

• Projects totaling 2,353 MW started construction and a further 3,803 MW entered advanced development during the first quarter, a combined 6,156 MW in new announcements.

• Texas hosts 22% of combined activity, followed by Wyoming (12%), New Mexico (7%), Iowa, (7%), and South Dakota (5%).

• In terms of offtake, 42% of capacity in the pipeline has a PPA in place, while 21% is utility owned and 8% has a merchant hedge contract.

Wind Power Procurement Activity • Project developers announced 2,717 MW of new PPAs in the first quarter, making it the second strongest quarter for PPAs on record.

• Utilities signed 99% (2,694 MW) of first quarter PPA capacity, led by Northern Indiana Public Service Company (700 MW), National Grid (400 MW), and New York Power Authority (290 MW).

• Utilities announced plans to build and own 1,049 MW of wind projects during the first quarter, including Empire District Electric Company (600 MW) and Tucson Electric Company (247 MW).

Turbine Technology Trends• GE Renewable Energy led turbine installations in the first quarter, capturing 75% of the market. Siemens Gamesa Renewable Energy ranked

second with 17%, followed by Vestas with 8%.

• The majority of projects under construction or in advanced development have selected turbines with a nameplate capacity between 2 MW and 3 MW, while about 30% of projects that have reported turbine models are using turbines rated 3 MW or larger.


Note: Utility-scale wind capacity includes installations of wind turbines larger than 100-kW for the purpose of the AWEA U.S. Wind Industry Quarterly Market Reports. Annual capacity additions and cumulative capacity may not always add up due to decommissioned and repowered wind capacity. Wind capacity data for each year is continuously updated as information changes. AWEA did not track quarterly activity prior to 2008.

U.S. Annual and Cumulative Wind Power Capacity Growth

0

10,000

20,000

30,000

40,000

50,000

60,000

70,000

80,000

90,000

100,000

201820172016201520142013201220112010200920082007200620052004200320022001

Cumulative Capacity

Annual New Capacity Installations

1Q New Capacity Installations




4,195 4,6036,268 6,665

9,04611,512

16,765

25,135

35,128

40,344

46,777

60,065

Win

d Po

wer

Cap

acity

(MW

)

61,135

65,872

73,889

82,005

88,97390,551

Cumulative Capacity

2,502

9,046

40,346

73,891

97,223

0

10,000

20,000

30,000

40,000

50,000

60,000

70,000

80,000

90,000

100,000

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

10,000

11,000

12,000

13,000

14,000

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Cum

ulative Wind

Po

wer C

apacity (M

W)

Ann

ual

Win

d P

ow

er C

apac

ity

Ad

dit

ions

(M

W)


Quarterly U.S. Wind Power Capacity Installations

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

2019201820172016201520142013201220112010

Win

d Po

wer

Cap

acity

(MW

)

539704 673

3,299

1,118 1,0501,207

3,230

1,912

1,213

1,834

8,382

2 0 70

1,016

217

1Q

2Q

3Q

4Q

619419

3,603

333

1,6611,603

4,998

520310

895

6,478

2,000

357534

4,125

406

626 612

5,944

841

• The U.S. wind industry installed 841 MW of wind power capacity during the first quarter of 2019, a 107% increase in installations over the first quarter of 2018.

• The higher volume of installations this quarter was due in part to projects originally planned for commercial operations at the end of 2018 slipping into early 2019.

• In addition to new capacity additions, project owners completed 257 MW of partial repowerings in the first quarter.


New Wind Power Capacity Installations in First Quarter 2019, by State

RI 21 CT

MA

HI

ALMS

AR

LA

GA

KYVA

NC

SC

FL

NV

MO

IL76 IN

WI MI 161

NY80

ME

MN67

KS

TX

AZ

CA CO

DE

ID

MD

MT

NE

NH

NJ

SD

OH

OK

PA

UT

VT

OR

WA

WV

WY

AK1

0 to 100 MW

>100 MW to 250 MW >250 MW to 500 MW >500 MW to 1,000 MW >1,000 MW

TN

GU

IA536

ND

NM

PR

• Developers commissioned 7 new wind project phases totaling 841 MW across 5 states during the first quarter.

• Iowa led in first quarter capacity additions with 536 MW, bringing its total capacity to nearly 9,000 MW.

• Michigan came in second with 161 MW as the state’s largest wind project came online, growing the state’s installed capacity by 8%.

• Illinois ranked third for the quarter, followed by Minnesota and Alaska.

• Leeward Renewable Energy completed a full repowering project in Illinois, replacing 63 turbines with 29 turbines and increasing the capacity from 50 MW to 76 MW.


RI 75 CT 5

MA 113

HI206

ALMS

AR

LA

GA

KYVA

NC

SC

FL

NV152

MO959

IL4,887

IN2,317

WI737 MI

2,065

NY1,987

ME923

IA8,957

MN3,845

KS5,653

ND3,155

AZ268

CA5,840

CO3,706

DE 2

ID973

MD 191

MT800

NE1,972

NH 185

NJ 9

NM1,732

SD1,019

OH729

OK8,072

PA1,369

TN 29

TX24,895

UT391

VT 149

OR3,213

WA3,076

WV686

WY1,488

PR125

AK64

>0 to 500 MW

>500 to 1,000 MW >1,000 to 2,500 MW >5,000 to 10,000 MW >10,000 MW

GU<1

208

>2,500 to 5,000 MW

U.S. Wind Power Cumulative Installed Capacity, by State

• Texas leads the nation with nearly 25 GW of cumulative installed capacity.

• Iowa solidified its second place position and grew to nearly 9,000 MW of wind capacity, while Oklahoma remains in third with 8,072 MW.

• Michigan now has more than 2,000 MW of installed wind capacity and moved up two spots in the state rankings to 13th place.


• The U.S. wind project pipeline continued to grow in the first quarter of 2019. There are now 39,161 MW of wind power capacity either under construction (17,213 MW) or in advanced development (21,949 MW). Combined activity increased 11% quarter over quarter and represents the highest volume of activity since AWEA began tracking both categories in 2016.

• Project developers announced 6,156 MW in combined new activity during the first quarter of 2019, with projects totaling 2,353 MW starting construction and 3,803 MW entering the advanced development phase. Growth in advanced development activity drove combined activity to increase 17% compared to the first quarter of 2018 as developers continue to find offtake for PTC-qualifying projects.

• Project developers continue to move their near-term pipelines forward. Wind projects currently under construction have been underway for an average of roughly 10 months, while projects in advanced development have been underway for an average of one year. Nearly 60% of the 39,161 MW underway started construction or entered advanced development in 2018 or 2019.

Wind Power Capacity Under Construction or in Advanced Development

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

2019201820172016Pre-2016

Capacity Currently Under Construction

Capacity Currently in Advanced DevelopmentAnnouncement Year

Current Construction and Advanced Development Pipeline by Announcement Year

5,9405,257

2,191

2,883267

11,267

4,421

2,353780

3,803

Win

d Po

wer

Cap

acity

(MW

)

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

40,000

Combined Total

Advanced Development End of QuarterUnder Construction End of Quarter

1Q194Q183Q182Q181Q184Q173Q172Q171Q174Q163Q162Q161Q16

Construction and Advanced Development Activity Over Time

Win

d Po

wer

Cap

acity

(MW

)

39,16138,06637,794

35,135

28,668

33,449

25,819

29,634

23,977

21,34423,280

18,297

15,231


Wind Power Capacity Under Construction

Note: Project developers self-report projects as under construction. The AWEA under construction definition is at the discretion of the project developer and may be different from the start construction definition under IRS Notices 2013-29 and 2013-60; projects are presumed to have taken steps to qualify for the PTC through safe harbor or physical construction.

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

20,000

22,000

1Q194Q183Q182Q181Q184Q173Q172Q171Q174Q163Q162Q161Q164Q153Q152Q151Q154Q143Q142Q141Q144Q133Q132Q131Q134Q123Q122Q121Q12

Win

d Po

wer

Cap

acity

(MW

)

Existing Capacity Under Construction New Capacity Under Construction Completed Capacity in Quarter

• Developers started construction on projects totaling 2,353 MW in the first quarter of 2019, bringing total construction activity to 17,213 MW.

• Total construction activity increased 7% over the previous quarter and is up 20% year-over-year.


Wind Power Capacity Under Construction, by State

Note: Project developers self-report projects as under construction. The AWEA under construction definition is at the discretion of the project developer and may be different from the start construction definition under IRS Notices 2013-29 and 2013-60; projects are presumed to have taken steps to qualify for the PTC through safe harbor or physical construction.

Member Version Only


Wind Power Capacity in Advanced Development

Member Version Only


Wind Power Capacity in Advanced Development, by State

Note: AWEA defines a project as in advanced development if it has not yet started construction but has either signed a PPA (or similar long-term contract), announced a firm turbine order, or been announced to proceed under utility ownership.

Member Version Only


Wind Power Capacity Under Construction or in Advanced Development, Top States

Member Version Only


Wind Power Capacity Offtake Status

Member Version Only


Quarterly Wind Power Purchase Agreements

Member Version Only


2019 Power Purchase Agreements

Member Version Only


Map of Power Purchase Agreements Signed in 2019

Member Version Only


Mergers & Acquisitions Activity

Note: Data include operating project acquisitions, and do not include projects acquired either upon or prior to commercial operation. YieldCo drop-downs are not considered project acquisitions.

Member Version Only


Wind Turbine Manufacturer Market

Member Version Only


Turbine Technology Trends

Member Version Only


Regional Turbine Technology Trends

Member Version Only


• In January, New York Governor Cuomo called for the state to increase its offshore wind development goal to 9,000 MW by 2035 in his State of the State address, more than triple the previous target of 2,400 MW by 2030.

• In February, National Grid filed for regulatory approval of a 20-year contract for 400 MW of the Revolution Wind project, which was selected by Rhode Island through a competitive procurement process in 2018. National Grid will pay a fixed price of $98/MWh for the energy and environmental attributes, or $74/MWh in 2017 dollars.

• In the same month, Ørsted and Eversource Energy announced they were expanding their offshore wind partnership. Eversource Energy acquired a 50% stake in South Fork Wind Farm and Revolution Wind and a 50% stake in Ørsted’s lease areas off of Massachusetts and Rhode Island for $225 million.

• Also in February, New York received bids from four companies in response to its first solicitation for at least 800 MW of offshore wind. Project bids included Vineyard Wind’s Liberty Wind project, Equinor’s Empire Wind, Sunrise Wind by Ørsted & Eversource, and Atlantic Shores Offshore Wind Project by EDF Renewables & Shell New Energies. The awards will be announced this spring.

• In addition, New Jersey opened an application for offshore supply chain tax credits for capital investments made in an eligible wind facility.

U.S. Offshore Wind Energy Activity

State RFP Project Winners

RFP State Project NameProject Capacity

(MW) Project Owners Project Location Power Purchaser

Massachusetts Vineyard Wind 800 Avangrid Renewables; Copenhagen Infrastructure Partners Offshore Massachusetts Eversource Energy, National Grid, Unitil

Rhode Island Revolution Wind 400 Ørsted US Offshore Wind; Eversource Energy

Area of Mutual Interest between RI & MA National Grid

Connecticut Revolution Wind 300 Ørsted US Offshore Wind; Eversource Energy

Area of Mutual Interest between RI & MA Eversource Energy and United Illuminating Co

Maryland Maryland Offshore Wind Project 248 U.S. Wind Inc Offshore Maryland Maryland PSC (ORECs)

Maryland Skipjack Wind Farm 120 Ørsted US Offshore Wind Offshore Delaware Maryland PSC (ORECs)

NY

PA

NJ

VA

NC

MD

MACT

DE

RI

Atlantic Shores O�shore Wind

Ørsted, PSEG

Ørsted

Vineyard Wind (800 MW)

Bay State Wind

Equinor

Skipjack Wind Farm (120 MW)

Dominion Energy

Ørsted, Eversource

Maryland O�shore Wind Project (248 MW)

Avangrid Renewables

Coastal Virginia O�shore Wind (12 MW)

Revolution Wind (700 MW)

May�ower Wind Energy

Equinor

South Fork Wind Farm (130 MW)

Vineyard Wind

Note: Labels reflect the project name for projects that have secured offtake, otherwise the lease owner is listed.

East Coast Offshore Wind Projects and Lease Areas


Map of Projects Online in 2019, Under Construction, or in Advanced Development

1 - 99 MW

100 - 199 MW

200 - 299 MW

300 - 399 MW

400 - 499 MW

500 - 3,000 MW

Projects Under Construction or in Advanced DevelopmentProjects Online 1Q 2019

Project Capacity:


Utility-Scale Wind Projects Completed in 2019

State Project Phase Name

Project Capacity (MW) Turbine OEM Turbine Model Project Developer Project Owner Power Purchaser

First Quarter 2019

AK St. Mary's Wind Turbine 0.90 EWT Americas DW-52-900 Alaska Village Electric Coop Alaska Village Electric Coop Alaska Village Elec Coop

IL Mendota Hills Repowering 76.13 Siemens Gamesa Renewable Energy SG 2.6-126 Leeward Renewable Energy

Development, LLC Leeward Renewable Energy, LLC Digital Realty

IA English Farms 170.30 GE Renewable Energy GE 2.3-116; GE 2.5-127

Interstate Power and Light Co, Tradewind Energy Interstate Power and Light Co Interstate Power and Light Co

IA Saratoga 66.00 Vestas V116-2.0 Madison Gas & Electric Co Madison Gas & Electric Co Madison Gas & Electric Co

IA Upland Prairie 299.30 GE Renewable Energy GE 2.3-116; GE 2.5-116

Apex Clean Energy, Interstate Power and Light Co Interstate Power and Light Co Interstate Power and Light Co

MI Pine River 161.30 GE Renewable Energy GE 2.3-116; GE 2.5-116 Invenergy DTE Energy The DTE Electric Company

MN Stoneray 66.63 Siemens Gamesa Renewable Energy

SWT-2.3-108; SWT-2.625-120 EDF Renewables EDF Renewables Southern Minnesota Municipal

Power Agency


Utility-Scale Wind Power Projects Under Construction

Note: The AWEA under construction definition is at the discretion of the project developer and may be different from the start construction definition under IRS Notices 2013-29 and 2013-60.

Member Version Only




Member Version Only




Member Version Only


Utility-Scale Wind Power Projects in Advanced Development

Note: AWEA defines a project as in advanced development if it has not yet started construction, but has either signed a PPA, announced a firm turbine order, or been announced to proceed under utility ownership.

Member Version Only




Member Version Only




Member Version Only




Member Version Only




Member Version Only


2019 Power Purchase Agreements

Member Version Only


2019 Project Acquisition Activity

Note: Data include operating project acquisitions, and do not include projects acquired either upon or prior to commercial operation. YieldCo drop-downs are not considered project acquisitions.

Member Version Only


Electric Utility Renewable Energy Requests for Proposals (RFPs)

Member Version Only


This Report is Powered by WindIQ

WindIQ is your comprehensive database of all online, under construction, and advanced development wind projects and wind-related manufacturing facilities in the United States, with interactive web

mapping features.

All current AWEA Business and Utility members can access WindIQ at www.awea.org/windiq or www.windiq.awea.org.

For additional AWEA industry data & analysis, please visit www.awea.org/marketreports where you can download previous versions of the Quarterly Market Reports and the latest Annual Market Report.

The U.S. Wind Industry First Quarter 2019 Market Report can be accessed at www.awea.org/2019marketreports.

AWEA Data Services


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About the American Wind Energy AssociationAWEA is the national trade association of the U.S. wind energy industry. We represent 1,000 member companies and over 100,000 jobs in the U.S. economy, serving as a powerful voice for how wind works for America. Members include global leaders in wind power and energy development, turbine manufacturing, and component and service suppliers. They gather each year at the Western Hemisphere’s largest wind power trade show, the AWEA WINDPOWER® Conference & Exhibition. Find information about wind energy on the AWEA website, www.awea.org. Gain insight into industry issues on AWEA’s blog, Into the Wind. And please join us on Facebook, and follow @AWEA on Twitter.

Documents

QUARTERLY MARKET REPORT and Reports/Market Reports/1Q...• In terms of offtake, 42% of capacity in the pipeline has a PPA in place, while 21% is utility owned and 8% has a merchant