US Wind Industry Forecasts Over 50GW Capacity by 2030
The US wind sector is projected to exceed 50GW of capacity by 2030, driven by increased construction activity. Wood Mackenzie has updated its outlook, citing a 4% rise in expected capacity due to investments aimed at meeting tax credit deadlines.
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Wood Mackenzie anticipates a capacity of over 50GW in the US wind industry by 2030, with a 4% increase in its five-year forecast attributed to a boost in construction efforts. Construction starts rose by 8% from Q1 2025 to Q1 2026, and turbine orders reached 1.1GW in Q1 2026.
Offshore wind contributions are expected to peak in 2027 as 5.2GW under construction nears completion. The report also highlights a notable year-on-year rise in corporate power purchase agreements, including a significant deal between Google and Xcel Energy. The industry faces the challenge of adapting investment strategies post-2030 as tax credits phase out, which may affect future project financing.
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