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The recent past has seen a rapid fluctuation in the cost of fossil fuel, throwing many sectors of the US economy out of gear. Also steadily growing is the pressure for energy intensive industries to conform to environmental standards and reduce carbon emissions. Wind Energy is thus being looked upon as the new mantra to meet the growing energy needs of the US.
Wind Energy: Quick Facts
- Conversion of wind energy to electrical power is one of the world’s fastest growing industries.
- In the US alone, wind power capacity has grown by a sizable average of 29% a year for last five years.
- Wind power now contributes a little over 1% of the total US energy requirement.
- The US plans to meet 20% of its electrical energy needs from wind energy in the foreseeable future.
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