Wind energy, a converted form of solar energy, is one of the rising stars among emerging markets. The desire to find cheap, easily-harnessed energy that reduces dependence on oil is one of the priorities of federal government agencies and advocacy groups alike. Like other markets, there are ways that short line and regional railroads can make wind energy a source of constant revenue.
Wind Energy as a Marketable Resource
Wind, due to its universal presence throughout the world, is a unique energy source, in that its use is not restricted by finite deposits located in exclusive areas. Anywhere wind exists is a potential souce of energy and revenue. For a detailed look at the current state of wind power installation, including a breakdown by state, click here to view the American Wind Energy Association's (AWEA) 3rd quarter market report. These reports are available on a quarterly basis back to 2007 on the AWEA website - click here to access past reports.
Wind Energy - Getting Started
To operate a wind farm, you need one primary feature - wind. While this might seem an elementary step, it is important to understand your wind. For a wind farm to be considered, it must have a minimum average wind-speed of 11 to 13 miles per hour. In addition, it is important to take other factors into account, such as access to land, capital and a market. AWEA has produced a useful document titled "10 Steps to Developing a Wind Farm." To view it, click here. In addition, AWEA has produced many fact sheets. To view them, click here.
Wind Energy in the News
Constellation Energy to Acquire Maryland Wind Project - (TradingMarkets.com)
Wind Energy Is among Projects Available with Stimulus Money in Kansas - (Kansas City Star)
R.I. Governor to Speak about Offshore Wind Power Plans - (AP)
Regulators Approve 'OU Spirit' Wind Farm Plan - (AP)
Wind Energy Upcoming Events
North American Offshore Wind Conference & Exhibition
Atlantic City, NJ
October 5-7, 2010
WINDPOWER® 2011 Conference & Exhibition
Anaheim, CA
May 22-25, 2011
Wind Energy Links
American Wind Energy Association