Last month, multiple news outlets reported on the record-smashing year the wind industry had in 2023. The Global Wind Energy Council released its latest report showing the world installed 117 gigawatts of capacity. The Associated Press called 2023 a “record year for wind installations,” and Reuters noted that the U.S. was among the top five markets for wind installations.
The U.S. Energy Information Administration released a report this week showing that installing more wind farms doesn’t necessarily mean generating more electricity. The U.S. tripled its wind energy capacity, according to the report, from 47 gigawatts in 2010 to 147.5 gigawatts at the end of 2023. While that may sound impressive, generation from all those wind farms dropped 2.1% over 2022.
Much of that drop was during the first six months of 2023, when wind generation fell by 14% compared to the same period in 2022.
The capacity factor for the nation’s wind energy fleet, the EIA explained in its report, dropped to an eight-year low of 33.5%. This is the ratio of the amount of power produced compared to the total it could have produced if it were running continuously.
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