Written by Chris Martin. This article first appeared in Bloomberg News.
Anchored by General Electric Co.’s turbine factory in Pensacola, Florida, the southeast is home to more than 100 manufacturing sites supplying the U.S. wind industry.
Yet most of the product gets shipped out to the wind belt running from Texas to North Dakota. Nine southern states have no wind farms at all, but that may soon change after a Virginia utility requested proposals for 300 megawatts of new clean power plants.
A combination of taller towers, longer blades, smart controls and lower costs are driving interest in turbines in the region with the weakest winds in the U.S., said John Hensley, deputy director of industry data at the American Wind Energy Association.
“Manufacturers clustered around the Southeast where GE makes a lot of turbines,” Hensley said in an interview Thursday. “Now the machines are bigger and smarter, and you’re seeing the market open up to a low-wind region.” ”
BloombergNEF (BNEF), Bloomberg’s primary research service, covers clean energy, advanced transport, digital industry, innovative materials and commodities. We help corporate strategy, finance and policy professionals navigate change and generate opportunities.
Available online, on mobile and on the Terminal, BNEF is powered by Bloomberg’s global network of 19,000 employees in 176 locations, reporting 5,000 news stories a day.
Sign up for our free weekly newsletter →