in News Departments > New & Noteworthy
print the content item

Spanish utility Iberdrola has taken the lead in wind power plant ownership, with 6.9 GW under net ownership, according to recently released global wind power rankings from Emerging Energy Research (EER), a research and advisory firm.

EER's rankings show that Iberdrola added over 1.55 GW of new wind construction in 2007 - primarily driven by large-scale activations in Spain and the U.S. - and over 1.45 GW through the acquisition of ScottishPower's operating wind assets in the U.S., the U.K. and Ireland.

Surpassing 5 GW of cumulative wind ownership in 2007, FPL Energy took second place in EER's global rankings. The Florida-based utility led the North American field in new wind projects for the third straight year, adding 956 MW of new wind capacity in addition to consolidating its equity position in 108 MW of operating wind capacity in California.

Acciona and Energias de Portugal S.A. (EDP), nearly tied at approximately 2.8 GW each before Acciona's stake in Spanish utility Endesa is considered.

"In the U.S. market, major independent power producers (IPPs) were able to activate large portions of their portfolios in 2007, leading to significant construction activity," says EER Research Director Joshua Magee. "An additional year of U.S. federal production tax credit security will continue to drive the region toward record growth in 2008."

Competition among U.S. wind IPPs is at an all-time high, with four of the top developers - FPL Energy, Iberdrola, Horizon/EDP and Babcock & Brown - adding more than 500 MW in new installed wind capacity in 2007. AES, Edison, Invenergy and utility MidAmerica have secured top positions in EER's 2007 rankings.


Trachte Inc._id1770
Latest Top Stories

Senate Passes Tax Extenders Bill With Wind PTC Extension

The legislation, which passed in the U.S. House earlier this month, will renew the critical production tax credit through the end of 2014 - giving developers only about two weeks left to start construction.


Transmission Study Shows Nebraska Could Handle A Lot More Wind Power

A new report released by the Nebraska Power Review Board finds that the state already has enough infrastructure to accommodate at least 2 GW of additional wind generation.


Can Wind Energy And Birds Coexist? Environmental Group Says Yes

The Environmental Defense Fund, a supporter of responsible wind energy development, points out ways to help mitigate impacts of turbines on birds and bats.


Another Study Finds Wind Turbines Do Not Affect Nearby Property Values

Research conducted by the University of Guelph focused on regions in Ontario, and the conclusion echoes that of previous studies.


Too Little, Too Late? U.S. House Approves Wind PTC Extension

The U.S. House of Representatives has passed a tax extenders package that would renew the wind production tax credit (PTC) and about 50 other expired tax breaks through 2014. The wind industry argues the short-term fix is virtually no fix at all.

Hybrid Energy Innovations 2015